Asset Management One Co. Ltd. Decreases Position in HF Sinclair Co. (NYSE:DINO)

Asset Management One Co. Ltd. trimmed its position in HF Sinclair Co. (NYSE:DINO) by 0.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 54,039 shares of the company’s stock after selling 337 shares during the period. Asset Management One Co. Ltd.’s holdings in HF Sinclair were worth $1,850,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Pacer Advisors Inc. grew its position in HF Sinclair by 8.1% during the 3rd quarter. Pacer Advisors Inc. now owns 8,411,694 shares of the company’s stock worth $374,909,000 after purchasing an additional 626,755 shares during the period. Charles Schwab Investment Management Inc. lifted its stake in HF Sinclair by 3.5% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 4,894,833 shares of the company’s stock worth $218,163,000 after purchasing an additional 165,313 shares in the last quarter. AustralianSuper Pty Ltd lifted its stake in HF Sinclair by 11.7% in the 3rd quarter. AustralianSuper Pty Ltd now owns 1,678,196 shares of the company’s stock worth $74,797,000 after purchasing an additional 175,925 shares in the last quarter. FMR LLC increased its holdings in shares of HF Sinclair by 13.8% during the 3rd quarter. FMR LLC now owns 1,167,209 shares of the company’s stock worth $52,023,000 after buying an additional 141,472 shares during the last quarter. Finally, Thompson Siegel & Walmsley LLC increased its holdings in HF Sinclair by 11.5% in the 3rd quarter. Thompson Siegel & Walmsley LLC now owns 987,750 shares of the company’s stock valued at $44,024,000 after purchasing an additional 101,586 shares during the last quarter. 88.29% of the stock is owned by institutional investors and hedge funds.

HF Sinclair Stock Down 1.7 %

Shares of NYSE DINO opened at $37.83 on Thursday. HF Sinclair Co. has a 12-month low of $33.47 and a 12-month high of $64.16. The company has a market capitalization of $7.12 billion, a PE ratio of 23.35 and a beta of 1.22. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.81 and a quick ratio of 0.90. The firm’s 50-day moving average is $36.02 and its two-hundred day moving average is $41.37.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on DINO. Barclays dropped their target price on shares of HF Sinclair from $42.00 to $37.00 and set an “equal weight” rating for the company in a report on Monday, January 13th. Mizuho reduced their price target on shares of HF Sinclair from $50.00 to $45.00 and set a “neutral” rating for the company in a research report on Monday, December 16th. Wells Fargo & Company cut shares of HF Sinclair from an “overweight” rating to an “equal weight” rating and reduced their target price for the company from $53.00 to $45.00 in a report on Monday, December 9th. TD Cowen dropped their price target on shares of HF Sinclair from $43.00 to $35.00 and set a “hold” rating on the stock in a research note on Wednesday, December 18th. Finally, JPMorgan Chase & Co. dropped their price target on shares of HF Sinclair from $51.00 to $50.00 and set a “neutral” rating on the stock in a research note on Tuesday, December 10th. Seven analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $51.00.

Insider Buying and Selling at HF Sinclair

In other news, CFO Atanas H. Atanasov acquired 5,000 shares of HF Sinclair stock in a transaction that occurred on Thursday, December 19th. The shares were acquired at an average price of $33.77 per share, with a total value of $168,850.00. Following the completion of the purchase, the chief financial officer now owns 78,927 shares of the company’s stock, valued at approximately $2,665,364.79. This represents a 6.76 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 0.28% of the company’s stock.

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.