7,828 Shares of HF Sinclair Corporation $DINO Acquired by Curated Wealth Partners LLC

Curated Wealth Partners LLC bought a new position in shares of HF Sinclair Corporation (NYSE:DINO) in the third quarter, HoldingsChannel reports. The firm bought 7,828 shares of the company’s stock, valued at approximately $840,000.

A number of other institutional investors also recently modified their holdings of DINO. Bullock Wealth Management Group bought a new stake in shares of HF Sinclair in the third quarter worth about $41,000. Clearstead Trust LLC purchased a new position in HF Sinclair during the 2nd quarter valued at about $33,000. Fairway Wealth LLC purchased a new position in HF Sinclair during the 1st quarter valued at about $41,000. Fortitude Family Office LLC raised its position in HF Sinclair by 112.6% during the 3rd quarter. Fortitude Family Office LLC now owns 674 shares of the company’s stock valued at $72,000 after purchasing an additional 357 shares during the last quarter. Finally, Nalls Sherbakoff Group LLC bought a new position in HF Sinclair during the 4th quarter valued at approximately $36,000. 88.29% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other HF Sinclair news, SVP Dale Kunneman sold 8,936 shares of HF Sinclair stock in a transaction on Wednesday, August 5th. The stock was sold at an average price of $84.58, for a total transaction of $755,806.88. Following the completion of the transaction, the senior vice president owned 42,561 shares in the company, valued at approximately $3,599,809.38. The trade was a 17.35% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.26% of the stock is currently owned by company insiders.

HF Sinclair Trading Down 2.3%

NYSE DINO opened at $124.81 on Friday. The firm has a market capitalization of $22.19 billion, a PE ratio of 11.91 and a beta of 0.72. The stock’s 50 day moving average is $105.62 and its 200 day moving average is $83.48. HF Sinclair Corporation has a twelve month low of $45.71 and a twelve month high of $129.37. The company has a quick ratio of 1.10, a current ratio of 1.97 and a debt-to-equity ratio of 0.27.

HF Sinclair (NYSE:DINO) last posted its quarterly earnings data on Tuesday, July 28th. The company reported $5.31 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.49 by $0.82. The business had revenue of $10.39 billion during the quarter, compared to the consensus estimate of $8.68 billion. HF Sinclair had a return on equity of 18.21% and a net margin of 6.13%. The firm’s quarterly revenue was up 53.2% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.10 earnings per share. Research analysts forecast that HF Sinclair Corporation will post 18.15 earnings per share for the current fiscal year.

HF Sinclair Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 2nd. Investors of record on Tuesday, August 11th were given a dividend of $0.5250 per share. This is a boost from HF Sinclair’s previous quarterly dividend of $0.50. The ex-dividend date of this dividend was Tuesday, August 11th. This represents a $2.10 dividend on an annualized basis and a yield of 1.7%. HF Sinclair’s dividend payout ratio is 20.04%.

Wall Street Analyst Weigh In

Several research firms have weighed in on DINO. Barclays increased their price objective on HF Sinclair from $86.00 to $122.00 and gave the stock an “equal weight” rating in a report on Monday. UBS Group boosted their target price on HF Sinclair from $126.00 to $133.00 and gave the company a “buy” rating in a research note on Saturday, October 3rd. Weiss Ratings raised HF Sinclair from a “buy (b-)” rating to a “buy (b)” rating in a research note on Thursday, October 8th. TD Cowen upped their target price on HF Sinclair from $79.00 to $98.00 and gave the company a “hold” rating in a report on Tuesday, July 21st. Finally, Wells Fargo & Company raised their price target on HF Sinclair from $93.00 to $135.00 and gave the stock an “equal weight” rating in a research note on Wednesday. Two analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, HF Sinclair currently has a consensus rating of “Moderate Buy” and an average target price of $106.50.

HF Sinclair Company Profile

HF Sinclair Corporation is an independent energy company engaged in refining, marketing, and distributing petroleum products. The company produces gasoline, diesel fuel, jet fuel, asphalt, lubricants, and specialty products for commercial, industrial, and consumer markets. Its operations also include renewable energy activities, including the production and marketing of renewable diesel.

HF Sinclair markets fuel and related products through branded and unbranded channels under names that include Sinclair, HollyFrontier, and Petro-Canada Lubricants.