Earned Wealth Advisors LLC Purchases Shares of 5,023 HF Sinclair Corporation $DINO

Earned Wealth Advisors LLC purchased a new stake in shares of HF Sinclair Corporation (NYSE:DINO) in the second quarter, HoldingsChannel reports. The institutional investor purchased 5,023 shares of the company’s stock, valued at approximately $206,000.

A number of other large investors have also made changes to their positions in DINO. Kiker Wealth Management LLC bought a new stake in shares of HF Sinclair during the 2nd quarter valued at about $32,000. West Oak Capital LLC bought a new stake in shares of HF Sinclair during the 2nd quarter valued at about $38,000. Allworth Financial LP grew its stake in shares of HF Sinclair by 553.9% during the 1st quarter. Allworth Financial LP now owns 1,334 shares of the company’s stock valued at $41,000 after purchasing an additional 1,130 shares during the period. Hilltop National Bank bought a new stake in shares of HF Sinclair during the 2nd quarter valued at about $46,000. Finally, Hantz Financial Services Inc. grew its stake in shares of HF Sinclair by 203.5% during the 2nd quarter. Hantz Financial Services Inc. now owns 1,545 shares of the company’s stock valued at $63,000 after purchasing an additional 1,036 shares during the period. 88.29% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on DINO shares. Scotiabank reaffirmed an “outperform” rating on shares of HF Sinclair in a research report on Thursday, October 9th. Barclays lifted their price objective on HF Sinclair from $45.00 to $54.00 and gave the company an “equal weight” rating in a research report on Wednesday, October 1st. TD Cowen lifted their price objective on HF Sinclair from $45.00 to $46.00 and gave the company a “hold” rating in a research report on Friday, August 1st. Morgan Stanley lifted their price objective on HF Sinclair from $50.00 to $60.00 and gave the company an “overweight” rating in a research report on Friday, October 3rd. Finally, Wolfe Research cut HF Sinclair from a “peer perform” rating to an “underperform” rating in a research report on Monday, July 14th. Two research analysts have rated the stock with a Strong Buy rating, five have given a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $58.36.

HF Sinclair Stock Down 2.2%

NYSE DINO opened at $51.61 on Friday. The company has a current ratio of 1.82, a quick ratio of 0.83 and a debt-to-equity ratio of 0.29. HF Sinclair Corporation has a 12 month low of $24.66 and a 12 month high of $55.63. The stock’s 50 day moving average is $52.07 and its 200 day moving average is $43.66. The stock has a market cap of $9.65 billion, a PE ratio of -112.18 and a beta of 1.00.

HF Sinclair (NYSE:DINO) last released its quarterly earnings data on Thursday, October 30th. The company reported $2.44 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.94 by $0.50. HF Sinclair had a positive return on equity of 1.89% and a negative net margin of 0.32%.The business had revenue of $7.25 billion for the quarter, compared to the consensus estimate of $6.99 billion. During the same quarter in the previous year, the company posted $0.51 EPS. The company’s revenue was up .6% compared to the same quarter last year. Research analysts predict that HF Sinclair Corporation will post 2.39 EPS for the current fiscal year.

HF Sinclair Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, December 5th. Stockholders of record on Wednesday, November 19th will be given a dividend of $0.50 per share. The ex-dividend date of this dividend is Wednesday, November 19th. This represents a $2.00 annualized dividend and a dividend yield of 3.9%. HF Sinclair’s payout ratio is currently 95.69%.

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.