HF Sinclair Co. (NYSE:DINO) Stock Holdings Trimmed by Amalgamated Bank

Amalgamated Bank reduced its stake in shares of HF Sinclair Co. (NYSE:DINO) by 7.7% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 96,121 shares of the company’s stock after selling 7,965 shares during the quarter. Amalgamated Bank owned about 0.05% of HF Sinclair worth $5,127,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Rise Advisors LLC bought a new position in HF Sinclair during the 1st quarter valued at $26,000. Principal Securities Inc. bought a new stake in HF Sinclair during the fourth quarter worth approximately $30,000. Riverview Trust Co acquired a new position in HF Sinclair in the first quarter worth approximately $31,000. Innealta Capital LLC bought a new position in shares of HF Sinclair in the second quarter valued at $34,000. Finally, Pingora Partners LLC acquired a new stake in shares of HF Sinclair during the 4th quarter valued at $35,000. Institutional investors and hedge funds own 88.29% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently commented on DINO. Morgan Stanley reduced their target price on HF Sinclair from $63.00 to $57.00 and set an “overweight” rating for the company in a report on Monday, September 16th. Wells Fargo & Company decreased their target price on shares of HF Sinclair from $60.00 to $54.00 and set an “overweight” rating for the company in a report on Tuesday, September 3rd. Mizuho reduced their price target on shares of HF Sinclair from $55.00 to $53.00 and set a “neutral” rating for the company in a research report on Monday, September 16th. JPMorgan Chase & Co. raised their price objective on shares of HF Sinclair from $59.00 to $60.00 and gave the stock a “neutral” rating in a research note on Monday, August 19th. Finally, UBS Group dropped their price objective on shares of HF Sinclair from $73.00 to $70.00 and set a “buy” rating on the stock in a research note on Tuesday, August 13th. Six analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $59.73.

HF Sinclair Trading Down 2.1 %

NYSE:DINO opened at $46.26 on Friday. 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 1-year low of $44.07 and a 1-year high of $64.16. The firm has a market capitalization of $8.89 billion, a price-to-earnings ratio of 5.73 and a beta of 1.18. The business’s 50-day moving average price is $47.58 and its two-hundred day moving average price is $53.17.

HF Sinclair (NYSE:DINO) last announced its quarterly earnings results on Thursday, August 1st. The company reported $0.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.72 by $0.06. The company had revenue of $7.85 billion during 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 firm’s revenue was up .2% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.60 EPS. On average, equities analysts expect that HF Sinclair Co. will post 3.69 earnings per share for the current year.

HF Sinclair Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, September 5th. Stockholders of record on Wednesday, August 21st were issued a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 4.32%. The ex-dividend date was Wednesday, August 21st. HF Sinclair’s dividend payout ratio (DPR) is presently 24.75%.

HF Sinclair Profile

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.