HF Sinclair (NYSE:DINO) EVP Valerie Pompa Sells 10,000 Shares

HF Sinclair Corporation (NYSE:DINO) EVP Valerie Pompa sold 10,000 shares of HF Sinclair stock in a transaction on Friday, May 15th. The shares were sold at an average price of $69.05, for a total transaction of $690,500.00. Following the completion of the transaction, the executive vice president owned 43,098 shares in the company, valued at approximately $2,975,916.90. This represents a 18.83% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link.

HF Sinclair Stock Performance

NYSE DINO traded up $0.43 during trading on Monday, reaching $70.44. The company’s stock had a trading volume of 2,974,794 shares, compared to its average volume of 2,810,255. HF Sinclair Corporation has a twelve month low of $34.42 and a twelve month high of $74.72. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.88 and a current ratio of 1.79. The business’s fifty day moving average price is $61.62 and its 200-day moving average price is $55.09. The firm has a market cap of $12.70 billion, a price-to-earnings ratio of 10.59 and a beta of 0.72.

HF Sinclair (NYSE:DINO) last issued its quarterly earnings results on Friday, May 1st. The company reported $0.69 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.06) by $0.75. HF Sinclair had a net margin of 4.46% and a return on equity of 11.94%. The business had revenue of $7.12 billion for the quarter, compared to analyst estimates of $6.83 billion. During the same period in the previous year, the business posted ($0.27) earnings per share. The business’s revenue was up 11.8% compared to the same quarter last year. As a group, analysts anticipate that HF Sinclair Corporation will post 8.9 EPS for the current fiscal year.

HF Sinclair Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 2nd. Stockholders of record on Monday, May 11th will be paid a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date is Monday, May 11th. HF Sinclair’s payout ratio is 30.08%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. V Square Quantitative Management LLC acquired a new position in HF Sinclair during the fourth quarter worth about $26,000. Quent Capital LLC acquired a new position in HF Sinclair during the third quarter worth about $28,000. REAP Financial Group LLC acquired a new position in HF Sinclair during the fourth quarter worth about $29,000. Nalls Sherbakoff Group LLC acquired a new position in HF Sinclair during the fourth quarter worth about $36,000. Finally, Fairway Wealth LLC acquired a new position in HF Sinclair during the first quarter worth about $41,000. 88.29% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on the stock. UBS Group boosted their price target on shares of HF Sinclair from $65.00 to $80.00 and gave the stock a “buy” rating in a research note on Tuesday, May 5th. Morgan Stanley set a $69.00 price target on shares of HF Sinclair in a research note on Monday, May 4th. The Goldman Sachs Group reiterated a “buy” rating and set a $81.00 price target on shares of HF Sinclair in a research note on Wednesday, May 6th. Weiss Ratings upgraded shares of HF Sinclair from a “hold (c)” rating to a “buy (b-)” rating in a research note on Wednesday, May 6th. Finally, Scotiabank boosted their price target on shares of HF Sinclair from $53.00 to $54.00 and gave the stock a “sector perform” rating in a research note on Wednesday, April 22nd. Two investment analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, HF Sinclair currently has an average rating of “Moderate Buy” and an average price target of $69.91.

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.