HF Sinclair (NYSE:DINO) EVP Sells $690,500.00 in Stock

HF Sinclair Corporation (NYSE:DINO) EVP Valerie Pompa sold 10,000 shares of the company’s stock in a transaction that occurred on Friday, May 15th. The stock was sold at an average price of $69.05, for a total transaction of $690,500.00. Following the sale, the executive vice president directly owned 43,098 shares in the company, valued at approximately $2,975,916.90. The trade was a 18.83% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

HF Sinclair Stock Performance

Shares of DINO stock opened at $71.11 on Thursday. The firm has a 50 day moving average of $62.57 and a two-hundred day moving average of $55.47. The stock has a market capitalization of $12.82 billion, a PE ratio of 10.69 and a beta of 0.72. The company has a quick ratio of 0.88, a current ratio of 1.79 and a debt-to-equity ratio of 0.28. HF Sinclair Corporation has a 52 week low of $34.42 and a 52 week high of $74.72.

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

HF Sinclair Dividend Announcement

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

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the company. Morgan Stanley set a $69.00 price objective on HF Sinclair in a research report on Monday, May 4th. Piper Sandler decreased their price target on shares of HF Sinclair from $67.00 to $63.00 and set an “overweight” rating for the company in a research note on Thursday, February 19th. The Goldman Sachs Group reiterated a “buy” rating and set a $81.00 price target on shares of HF Sinclair in a report on Wednesday, May 6th. Barclays increased their price objective on shares of HF Sinclair from $61.00 to $71.00 and gave the company an “equal weight” rating in a research report on Monday, May 4th. Finally, Zacks Research upgraded shares of HF Sinclair from a “hold” rating to a “strong-buy” rating in a report on Monday, April 27th. Two research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, HF Sinclair presently has an average rating of “Moderate Buy” and a consensus price target of $69.91.

Institutional Investors Weigh In On HF Sinclair

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Bull Harbor Capital LLC acquired a new position in HF Sinclair in the first quarter valued at $580,000. South Dakota Investment Council increased its position in shares of HF Sinclair by 94.9% during the first quarter. South Dakota Investment Council now owns 28,621 shares of the company’s stock worth $1,786,000 after purchasing an additional 13,935 shares in the last quarter. EverSource Wealth Advisors LLC lifted its holdings in shares of HF Sinclair by 19.9% in the 1st quarter. EverSource Wealth Advisors LLC now owns 8,335 shares of the company’s stock valued at $520,000 after purchasing an additional 1,381 shares during the last quarter. California State Teachers Retirement System lifted its holdings in shares of HF Sinclair by 22.9% in the 1st quarter. California State Teachers Retirement System now owns 185,360 shares of the company’s stock valued at $11,565,000 after purchasing an additional 34,564 shares during the last quarter. Finally, Empowered Funds LLC boosted its position in shares of HF Sinclair by 88.6% in the 1st quarter. Empowered Funds LLC now owns 202,057 shares of the company’s stock valued at $12,606,000 after purchasing an additional 94,908 shares during the period. 88.29% of the stock is currently owned by institutional investors and hedge funds.

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.