4,880 Shares in HF Sinclair Co. (NYSE:DINO) Bought by Leuthold Group LLC

Leuthold Group LLC bought a new position in shares of HF Sinclair Co. (NYSE:DINO) during the 2nd quarter, according to its most recent disclosure with the SEC. The fund bought 4,880 shares of the company’s stock, valued at approximately $260,000.

A number of other institutional investors have also recently made changes to their positions in the stock. Vanguard Group Inc. lifted its stake in shares of HF Sinclair by 3.8% in the first quarter. Vanguard Group Inc. now owns 18,910,599 shares of the company’s stock worth $1,141,633,000 after acquiring an additional 696,031 shares during the period. Dimensional Fund Advisors LP raised its holdings in HF Sinclair by 7.5% during the 2nd quarter. Dimensional Fund Advisors LP now owns 5,749,406 shares of the company’s stock worth $306,665,000 after purchasing an additional 399,988 shares during the last quarter. AustralianSuper Pty Ltd lifted its position in shares of HF Sinclair by 15.3% in the 2nd quarter. AustralianSuper Pty Ltd now owns 1,502,271 shares of the company’s stock worth $80,131,000 after purchasing an additional 199,881 shares during the period. Norges Bank bought a new stake in shares of HF Sinclair in the 4th quarter valued at $65,774,000. Finally, CANADA LIFE ASSURANCE Co increased its position in shares of HF Sinclair by 14.8% during the first quarter. CANADA LIFE ASSURANCE Co now owns 991,380 shares of the company’s stock worth $59,919,000 after buying an additional 127,827 shares during the period. Institutional investors own 88.29% of the company’s stock.

HF Sinclair Stock Performance

NYSE DINO opened at $47.23 on Friday. The company has a market cap of $9.08 billion, a P/E ratio of 5.85 and a beta of 1.18. The company has a fifty day simple moving average of $47.62 and a 200 day simple moving average of $53.23. The company has a current ratio of 2.12, a quick ratio of 0.97 and a debt-to-equity ratio of 0.26. HF Sinclair Co. has a 12-month low of $44.07 and a 12-month high of $64.16.

HF Sinclair (NYSE:DINO) last released its quarterly earnings data on Thursday, August 1st. The company reported $0.78 earnings per share for the quarter, beating analysts’ consensus estimates of $0.72 by $0.06. The firm had revenue of $7.85 billion for the quarter, compared to analyst estimates of $7.65 billion. HF Sinclair had a net margin of 3.80% and a return on equity of 11.85%. The business’s quarterly revenue was up .2% compared to the same quarter last year. During the same period last year, the firm earned $2.60 earnings per share. Sell-side analysts predict that HF Sinclair Co. will post 3.69 earnings per share for the current fiscal year.

HF Sinclair Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 5th. Shareholders of record on Wednesday, August 21st were issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 4.23%. The ex-dividend date of this dividend was Wednesday, August 21st. HF Sinclair’s dividend payout ratio is currently 24.75%.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on DINO shares. Wolfe Research began coverage on shares of HF Sinclair in a report on Thursday, July 18th. They issued a “peer perform” rating on the stock. Piper Sandler dropped their price objective on HF Sinclair from $65.00 to $58.00 and set an “overweight” rating on the stock in a research note on Friday, June 14th. UBS Group decreased their target price on HF Sinclair from $73.00 to $70.00 and set a “buy” rating for the company in a research note on Tuesday, August 13th. Mizuho dropped their price target on HF Sinclair from $55.00 to $53.00 and set a “neutral” rating on the stock in a research note on Monday. Finally, Morgan Stanley reduced their price objective on shares of HF Sinclair from $63.00 to $57.00 and set an “overweight” rating for the company in a research report on Monday. Six equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $60.55.

About HF Sinclair

HF Sinclair Corporation operates as an independent energy company. The company produces and markets gasoline, diesel fuel, jet fuel, renewable diesel, specialty lubricant products, specialty chemicals, specialty and modified asphalt, and others. It owns and operates refineries located in Kansas, Oklahoma, New Mexico, Utah, Washington, and Wyoming; and markets its refined products principally in the Southwest United States and Rocky Mountains, Pacific Northwest, and in other neighboring Plains states.