HF Sinclair Co. (NYSE:DINO) Shares Sold by Manning & Napier Advisors LLC

Manning & Napier Advisors LLC lowered its position in shares of HF Sinclair Co. (NYSE:DINO) by 37.2% in the fourth quarter, Holdings Channel reports. The institutional investor owned 32,287 shares of the company’s stock after selling 19,118 shares during the quarter. Manning & Napier Advisors LLC’s holdings in HF Sinclair were worth $1,132,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Robeco Institutional Asset Management B.V. boosted its position in shares of HF Sinclair by 10.6% during the 4th quarter. Robeco Institutional Asset Management B.V. now owns 303,967 shares of the company’s stock worth $10,654,000 after purchasing an additional 29,162 shares during the period. Twelve Points Wealth Management LLC raised its holdings in shares of HF Sinclair by 36.1% in the 4th quarter. Twelve Points Wealth Management LLC now owns 22,221 shares of the company’s stock valued at $779,000 after purchasing an additional 5,889 shares in the last quarter. Blue Trust Inc. raised its holdings in shares of HF Sinclair by 57.9% in the 4th quarter. Blue Trust Inc. now owns 7,244 shares of the company’s stock valued at $254,000 after purchasing an additional 2,655 shares in the last quarter. Mutual Advisors LLC raised its holdings in shares of HF Sinclair by 17.8% in the 4th quarter. Mutual Advisors LLC now owns 37,022 shares of the company’s stock valued at $1,360,000 after purchasing an additional 5,594 shares in the last quarter. Finally, Janney Montgomery Scott LLC raised its holdings in shares of HF Sinclair by 85.5% in the 4th quarter. Janney Montgomery Scott LLC now owns 68,807 shares of the company’s stock valued at $2,412,000 after purchasing an additional 31,719 shares in the last quarter. Institutional investors and hedge funds own 88.29% of the company’s stock.

Insider Buying and Selling

In other HF Sinclair news, CFO Atanas H. Atanasov purchased 7,000 shares of HF Sinclair stock in a transaction on Thursday, December 12th. The shares were bought at an average price of $37.96 per share, with a total value of $265,720.00. Following the completion of the acquisition, the chief financial officer now directly owns 71,927 shares of the company’s stock, valued at approximately $2,730,348.92. This trade represents a 10.78 % increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.28% of the stock is owned by insiders.

Analyst Ratings Changes

Several equities research analysts recently commented on DINO shares. TD Cowen cut 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. JPMorgan Chase & Co. cut 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. BMO Capital Markets cut their price target on shares of HF Sinclair from $57.00 to $53.00 and set an “outperform” rating on the stock in a research note on Friday, October 4th. Barclays cut their price target on shares of HF Sinclair from $42.00 to $37.00 and set an “equal weight” rating on the stock in a research note on Monday, January 13th. Finally, UBS Group dropped their price objective on shares of HF Sinclair from $58.00 to $55.00 and set a “buy” rating on the stock in a research note on Monday, November 4th. Seven equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $51.00.

HF Sinclair Stock Down 0.7 %

Shares of NYSE:DINO opened at $36.24 on Friday. The company has a market cap of $6.82 billion, a price-to-earnings ratio of 22.37 and a beta of 1.22. The firm’s 50-day simple moving average is $37.05 and its 200-day simple moving average is $42.64. The company has a quick ratio of 0.90, a current ratio of 1.81 and a debt-to-equity ratio of 0.24. HF Sinclair Co. has a fifty-two week low of $33.47 and a fifty-two week high of $64.16.

HF Sinclair (NYSE:DINO) last released its quarterly earnings data on Thursday, October 31st. The company reported $0.51 EPS for the quarter, topping analysts’ consensus estimates of $0.32 by $0.19. The firm had revenue of $7.21 billion for the quarter, compared to the consensus estimate of $7.11 billion. HF Sinclair had a net margin of 1.10% and a return on equity of 5.51%. The firm’s revenue was down 19.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $4.06 earnings per share. As a group, equities research analysts predict that HF Sinclair Co. will post 1.34 earnings per share for the current year.

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.