Cambiar Investors LLC Buys Shares of 221,148 HF Sinclair Co. (NYSE:DINO)

Cambiar Investors LLC bought a new stake in shares of HF Sinclair Co. (NYSE:DINO) during the 4th quarter, Holdings Channel reports. The firm bought 221,148 shares of the company’s stock, valued at approximately $7,751,000.

Several other hedge funds have also recently added to or reduced their stakes in DINO. Capital Performance Advisors LLP bought a new stake in shares of HF Sinclair in the 3rd quarter worth $27,000. Sugar Maple Asset Management LLC bought a new stake in shares of HF Sinclair in the 4th quarter worth $27,000. Millburn Ridgefield Corp bought a new stake in shares of HF Sinclair in the 3rd quarter worth $50,000. Coastline Trust Co bought a new stake in shares of HF Sinclair in the 3rd quarter worth $55,000. Finally, Transamerica Financial Advisors Inc. bought a new stake in shares of HF Sinclair in the 3rd quarter worth $59,000. Institutional investors own 88.29% of the company’s stock.

HF Sinclair Stock Performance

Shares of DINO stock opened at $37.64 on Tuesday. HF Sinclair Co. has a 1-year low of $33.47 and a 1-year high of $64.16. The company has a current ratio of 1.81, a quick ratio of 0.90 and a debt-to-equity ratio of 0.24. The company has a market capitalization of $7.08 billion, a price-to-earnings ratio of 23.23 and a beta of 1.22. The stock’s fifty day simple moving average is $36.35 and its 200-day simple moving average is $42.01.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the company. TD Cowen dropped their price objective on HF Sinclair from $43.00 to $35.00 and set a “hold” rating on the stock in a research note on Wednesday, December 18th. Barclays decreased their target price on HF Sinclair from $42.00 to $37.00 and set an “equal weight” rating on the stock in a report on Monday, January 13th. JPMorgan Chase & Co. decreased their target price on HF Sinclair from $51.00 to $50.00 and set a “neutral” rating on the stock in a report on Tuesday, December 10th. Wells Fargo & Company cut HF Sinclair from an “overweight” rating to an “equal weight” rating and decreased their target price for the stock from $53.00 to $45.00 in a report on Monday, December 9th. Finally, UBS Group decreased their target price on HF Sinclair from $58.00 to $55.00 and set a “buy” rating on the stock in a report on Monday, November 4th. Seven equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $51.00.

Insider Activity

In other news, CFO Atanas H. Atanasov purchased 7,000 shares of HF Sinclair stock in a transaction dated Thursday, December 12th. The stock was acquired at an average cost of $37.96 per share, for a total transaction of $265,720.00. Following the acquisition, the chief financial officer now directly owns 71,927 shares in the company, valued at $2,730,348.92. This represents a 10.78 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 0.28% of the stock is currently owned by corporate insiders.

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.