Mitsubishi UFJ Trust & Banking Corp Has $3.31 Million Stake in HF Sinclair Corporation $DINO

Mitsubishi UFJ Trust & Banking Corp raised its position in shares of HF Sinclair Corporation (NYSE:DINO) by 2,013.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 63,159 shares of the company’s stock after acquiring an additional 60,171 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp’s holdings in HF Sinclair were worth $3,306,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in DINO. NorthCrest Asset Manangement LLC boosted its position in shares of HF Sinclair by 2.7% during the 3rd quarter. NorthCrest Asset Manangement LLC now owns 9,750 shares of the company’s stock valued at $507,000 after purchasing an additional 258 shares in the last quarter. Greenleaf Trust lifted its stake in HF Sinclair by 4.3% in the third quarter. Greenleaf Trust now owns 6,342 shares of the company’s stock valued at $332,000 after buying an additional 260 shares during the period. Moody Lynn & Lieberson LLC grew its position in shares of HF Sinclair by 4.9% during the 3rd quarter. Moody Lynn & Lieberson LLC now owns 5,922 shares of the company’s stock worth $310,000 after buying an additional 278 shares during the period. ProShare Advisors LLC grew its position in shares of HF Sinclair by 4.2% during the 2nd quarter. ProShare Advisors LLC now owns 7,101 shares of the company’s stock worth $292,000 after buying an additional 287 shares during the period. Finally, Bank of Montreal Can increased its stake in shares of HF Sinclair by 1.3% in the 2nd quarter. Bank of Montreal Can now owns 22,788 shares of the company’s stock valued at $936,000 after acquiring an additional 290 shares in the last quarter. 88.29% of the stock is owned by institutional investors.

HF Sinclair Price Performance

Shares of NYSE DINO opened at $51.18 on Friday. The stock has a market cap of $9.42 billion, a price-to-earnings ratio of 24.49 and a beta of 0.84. 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 Corporation has a fifty-two week low of $24.66 and a fifty-two week high of $56.58. The firm’s 50-day simple moving average is $49.31 and its 200 day simple moving average is $49.73.

HF Sinclair (NYSE:DINO) last issued its quarterly earnings data on Thursday, October 30th. The company reported $2.44 EPS for the quarter, topping the consensus estimate of $1.94 by $0.50. HF Sinclair had a return on equity of 5.77% and a net margin of 1.46%.The firm had revenue of $7.25 billion during the quarter, compared to the consensus estimate of $6.99 billion. During the same period in the prior year, the business posted $0.51 earnings per share. The company’s quarterly revenue was up .6% compared to the same quarter last year. As a group, research analysts anticipate that HF Sinclair Corporation will post 2.39 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on DINO shares. Raymond James Financial restated a “strong-buy” rating and issued a $65.00 price target (up from $60.00) on shares of HF Sinclair in a report on Friday, October 17th. Piper Sandler reduced their target price on HF Sinclair from $68.00 to $67.00 and set an “overweight” rating for the company in a research note on Friday, January 16th. Mizuho boosted their target price on HF Sinclair from $62.00 to $63.00 and gave the company an “outperform” rating in a research report on Friday, December 12th. Zacks Research lowered HF Sinclair from a “strong-buy” rating to a “hold” rating in a report on Monday, November 10th. Finally, Morgan Stanley raised their price objective on HF Sinclair from $60.00 to $61.00 and gave the company an “overweight” rating in a research note on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $59.90.

HF Sinclair Company Profile

HF Sinclair Corporation is a diversified energy manufacturing company engaged in the refining, marketing, and transportation of petroleum products across the United States. The company operates a network of refineries and processing facilities that convert crude oil and other feedstocks into fuels and specialty products. Its integrated model encompasses upstream supply agreements, midstream logistics, and downstream marketing channels, positioning HF Sinclair as a key supplier of refined products to wholesale and retail markets.

The company’s core product slate includes gasoline, diesel, jet fuel, and renewable fuels such as renewable diesel and biodiesel.