Thurston Springer Miller Herd & Titak Inc. Has $47,000 Stock Holdings in HF Sinclair Corporation $DINO

Thurston Springer Miller Herd & Titak Inc. reduced its position in shares of HF Sinclair Corporation (NYSE:DINO) by 93.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 904 shares of the company’s stock after selling 11,927 shares during the period. Thurston Springer Miller Herd & Titak Inc.’s holdings in HF Sinclair were worth $47,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also bought and sold shares of the stock. Kiker Wealth Management LLC acquired a new position in HF Sinclair in the second quarter valued at $32,000. Johnson Financial Group Inc. purchased a new position in HF Sinclair during the 2nd quarter worth $33,000. West Oak Capital LLC bought a new stake in HF Sinclair in the 2nd quarter worth about $38,000. State of Wyoming purchased a new stake in shares of HF Sinclair during the second quarter valued at approximately $41,000. Finally, Hilltop National Bank bought a new stake in shares of HF Sinclair during the 2nd quarter worth $46,000. 88.29% of the stock is owned by institutional investors.

HF Sinclair Stock Performance

NYSE:DINO opened at $47.41 on Thursday. The stock has a 50-day simple moving average of $52.41 and a two-hundred day simple moving average of $48.16. The firm has a market capitalization of $8.72 billion, a PE ratio of 22.68 and a beta of 0.84. HF Sinclair Corporation has a 52-week low of $24.66 and a 52-week high of $56.58. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.97 and a current ratio of 1.91.

HF Sinclair (NYSE:DINO) last posted its quarterly earnings results on Thursday, October 30th. The company reported $2.44 EPS for the quarter, beating analysts’ consensus estimates of $1.94 by $0.50. HF Sinclair had a return on equity of 5.77% and a net margin of 1.46%.The business had revenue of $7.25 billion for the quarter, compared to analysts’ expectations of $6.99 billion. During the same period last year, the firm earned $0.51 earnings per share. The business’s quarterly revenue was up .6% on a year-over-year basis. Analysts forecast that HF Sinclair Corporation will post 2.39 EPS for the current year.

HF Sinclair Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, December 5th. Investors of record on Wednesday, November 19th were issued a $0.50 dividend. The ex-dividend date of this dividend was Wednesday, November 19th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 4.2%. HF Sinclair’s dividend payout ratio (DPR) is 95.69%.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on DINO shares. Weiss Ratings reiterated a “hold (c)” rating on shares of HF Sinclair in a research report on Monday. Zacks Research lowered HF Sinclair from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 10th. The Goldman Sachs Group upped their price target on shares of HF Sinclair from $54.00 to $61.00 and gave the company a “buy” rating in a research report on Thursday, September 18th. Barclays upped their price target on shares of HF Sinclair from $45.00 to $54.00 and gave the company an “equal weight” rating in a report on Wednesday, October 1st. Finally, Scotiabank reiterated an “outperform” rating on shares of HF Sinclair in a report on Thursday, October 9th. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $60.20.

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.