5,644 Shares in HF Sinclair Corporation $DINO Acquired by Moody Lynn & Lieberson LLC

Moody Lynn & Lieberson LLC bought a new position in shares of HF Sinclair Corporation (NYSE:DINO) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 5,644 shares of the company’s stock, valued at approximately $232,000.

A number of other large investors have also bought and sold shares of the business. Dimensional Fund Advisors LP increased its stake in HF Sinclair by 19.5% during the 1st quarter. Dimensional Fund Advisors LP now owns 8,185,509 shares of the company’s stock worth $269,142,000 after purchasing an additional 1,337,093 shares in the last quarter. Charles Schwab Investment Management Inc. grew its stake in shares of HF Sinclair by 7.5% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 5,927,257 shares of the company’s stock worth $194,888,000 after acquiring an additional 415,206 shares in the last quarter. AQR Capital Management LLC grew its stake in shares of HF Sinclair by 109.8% during the 1st quarter. AQR Capital Management LLC now owns 4,986,355 shares of the company’s stock worth $163,951,000 after acquiring an additional 2,609,857 shares in the last quarter. Fuller & Thaler Asset Management Inc. grew its stake in shares of HF Sinclair by 1.5% during the 1st quarter. Fuller & Thaler Asset Management Inc. now owns 2,543,741 shares of the company’s stock worth $83,638,000 after acquiring an additional 36,592 shares in the last quarter. Finally, Millennium Management LLC grew its stake in shares of HF Sinclair by 207.5% during the 1st quarter. Millennium Management LLC now owns 1,970,006 shares of the company’s stock worth $64,774,000 after acquiring an additional 1,329,408 shares in the last quarter. 88.29% of the stock is owned by institutional investors.

Insider Buying and Selling at HF Sinclair

In other news, EVP Valerie Pompa sold 11,000 shares of HF Sinclair stock in a transaction on Friday, August 1st. The stock was sold at an average price of $42.53, for a total transaction of $467,830.00. Following the completion of the sale, the executive vice president owned 39,591 shares of the company’s stock, valued at approximately $1,683,805.23. This trade represents a 21.74% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 0.28% of the company’s stock.

HF Sinclair Trading Down 1.4%

Shares of HF Sinclair stock opened at $52.52 on Tuesday. The business has a fifty day simple moving average of $48.27 and a two-hundred day simple moving average of $40.13. HF Sinclair Corporation has a 1 year low of $24.66 and a 1 year high of $54.73. The company has a market capitalization of $9.83 billion, a price-to-earnings ratio of -114.17 and a beta of 1.07. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.82 and a quick ratio of 0.83.

HF Sinclair (NYSE:DINO) last announced its quarterly earnings results on Thursday, July 31st. The company reported $1.70 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.09 by $0.61. HF Sinclair had a positive return on equity of 1.89% and a negative net margin of 0.32%.The business had revenue of $6.78 billion during the quarter, compared to the consensus estimate of $6.93 billion. During the same quarter last year, the firm posted $0.78 EPS. The company’s quarterly revenue was down 13.5% on a year-over-year basis. Research analysts forecast that HF Sinclair Corporation will post 2.39 EPS for the current year.

HF Sinclair Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 4th. Shareholders of record on Thursday, August 21st were issued a dividend of $0.50 per share. The ex-dividend date of this dividend was Thursday, August 21st. This represents a $2.00 annualized dividend and a yield of 3.8%. HF Sinclair’s dividend payout ratio (DPR) is currently -434.78%.

Analyst Ratings Changes

Several equities analysts have recently weighed in on DINO shares. Raymond James Financial reaffirmed a “strong-buy” rating on shares of HF Sinclair in a research note on Tuesday, September 9th. Piper Sandler increased their price objective on HF Sinclair from $51.00 to $59.00 and gave the company a “neutral” rating in a report on Thursday, September 11th. UBS Group increased their price objective on HF Sinclair from $51.00 to $58.00 and gave the company a “buy” rating in a report on Tuesday, August 26th. Mizuho increased their price objective on HF Sinclair from $52.00 to $60.00 and gave the company an “outperform” rating in a report on Monday, September 15th. Finally, Morgan Stanley increased their price objective on HF Sinclair from $44.00 to $50.00 and gave the company an “overweight” rating in a report on Wednesday, July 16th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $53.25.

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.