Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in HF Sinclair Co. (NYSE:DINO – Free Report) by 10.1% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 31,583 shares of the company’s stock after purchasing an additional 2,903 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in HF Sinclair were worth $1,528,000 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. Signaturefd LLC increased its position in shares of HF Sinclair by 9.2% in the first quarter. Signaturefd LLC now owns 2,963 shares of the company’s stock worth $143,000 after acquiring an additional 249 shares in the last quarter. National Bank of Canada FI increased its position in shares of HF Sinclair by 4.5% in the first quarter. National Bank of Canada FI now owns 6,739 shares of the company’s stock worth $326,000 after acquiring an additional 288 shares in the last quarter. Atlas Capital Advisors LLC grew its position in HF Sinclair by 11.2% during the fourth quarter. Atlas Capital Advisors LLC now owns 2,898 shares of the company’s stock valued at $150,000 after purchasing an additional 292 shares in the last quarter. Jacobs Levy Equity Management Inc. grew its position in HF Sinclair by 0.5% during the third quarter. Jacobs Levy Equity Management Inc. now owns 58,510 shares of the company’s stock valued at $3,150,000 after purchasing an additional 297 shares in the last quarter. Finally, Harbour Investments Inc. grew its position in HF Sinclair by 14.7% during the fourth quarter. Harbour Investments Inc. now owns 2,349 shares of the company’s stock valued at $122,000 after purchasing an additional 301 shares in the last quarter. 90.82% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
A number of brokerages recently commented on DINO. TD Cowen lowered their price objective on shares of HF Sinclair from $50.00 to $44.00 and set a “market perform” rating on the stock in a research report on Friday, May 5th. Piper Sandler boosted their target price on shares of HF Sinclair from $63.00 to $70.00 in a research report on Friday, August 4th. Mizuho decreased their target price on shares of HF Sinclair from $69.00 to $56.00 in a research report on Friday, May 19th. Morgan Stanley restated an “overweight” rating and issued a $70.00 price objective on shares of HF Sinclair in a research note on Wednesday, July 19th. Finally, The Goldman Sachs Group upped their price objective on shares of HF Sinclair from $56.00 to $63.00 and gave the stock a “buy” rating in a report on Tuesday, August 8th. Four equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $60.91.
HF Sinclair Price Performance
Shares of HF Sinclair stock opened at $57.94 on Tuesday. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.32 and a quick ratio of 1.19. HF Sinclair Co. has a fifty-two week low of $37.12 and a fifty-two week high of $66.19. The firm has a fifty day moving average price of $48.15 and a two-hundred day moving average price of $47.61. The company has a market cap of $10.67 billion, a PE ratio of 4.92, a price-to-earnings-growth ratio of 2.28 and a beta of 1.40.
HF Sinclair Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 6th. Shareholders of record on Thursday, August 17th will be issued a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 3.11%. The ex-dividend date of this dividend is Wednesday, August 16th. HF Sinclair’s dividend payout ratio (DPR) is presently 15.28%.
About HF Sinclair
HF Sinclair Corporation operates as an independent energy company. It produces and markets gasoline, diesel fuel, jet fuel, renewable diesel, specialty lubricant products, specialty chemicals, specialty and modified asphalt, and others. The company also 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.
Read More
- Five stocks we like better than HF Sinclair
- How to Invest in Toy Stocks
- 3 Sizzling Dividends That Are Going On Sale
- Your Comprehensive Guide to Investing in Bank Stocks
- 3 Ways To Trade, Trade Desk Stock Post Earnings
- What is the S&P/TSX Index?
- Inflation, The Fed, and Oil Prices: Interest Rates Are Going Up
Receive News & Ratings for HF Sinclair Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for HF Sinclair and related companies with MarketBeat.com's FREE daily email newsletter.
