37,256 Shares in HF Sinclair Corporation $DINO Acquired by Fideuram Intesa Sanpaolo Private Banking S.P.A.

Fideuram Intesa Sanpaolo Private Banking S.P.A. acquired a new position in HF Sinclair Corporation (NYSE:DINO) in the 4th quarter, Holdings Channel reports. The institutional investor acquired 37,256 shares of the company’s stock, valued at approximately $1,717,000.

Several other institutional investors have also recently bought and sold shares of the stock. Vanguard Group Inc. raised its position in HF Sinclair by 2.7% in the 4th quarter. Vanguard Group Inc. now owns 16,830,649 shares of the company’s stock worth $775,556,000 after purchasing an additional 446,867 shares during the last quarter. Dimensional Fund Advisors LP raised its position in HF Sinclair by 6.4% in the 3rd quarter. Dimensional Fund Advisors LP now owns 9,259,238 shares of the company’s stock worth $484,631,000 after purchasing an additional 560,194 shares during the last quarter. Invesco Ltd. raised its position in HF Sinclair by 104.3% in the 3rd quarter. Invesco Ltd. now owns 1,947,075 shares of the company’s stock worth $101,910,000 after purchasing an additional 994,090 shares during the last quarter. Northern Trust Corp raised its position in HF Sinclair by 0.5% in the 3rd quarter. Northern Trust Corp now owns 1,417,859 shares of the company’s stock worth $74,211,000 after purchasing an additional 7,170 shares during the last quarter. Finally, Voloridge Investment Management LLC raised its position in shares of HF Sinclair by 22.9% during the 3rd quarter. Voloridge Investment Management LLC now owns 1,305,413 shares of the company’s stock valued at $68,325,000 after acquiring an additional 243,082 shares during the last quarter. Institutional investors own 88.29% of the company’s stock.

Insider Buying and Selling at HF Sinclair

In other news, CFO Vivek Garg sold 717 shares of the business’s stock in a transaction on Tuesday, May 19th. The shares were sold at an average price of $71.89, for a total value of $51,545.13. Following the completion of the transaction, the chief financial officer owned 11,475 shares of the company’s stock, valued at $824,937.75. The trade was a 5.88% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Valerie Pompa sold 10,000 shares of the business’s 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 directly owned 43,098 shares of the company’s stock, valued at $2,975,916.90. This trade represents a 18.83% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.26% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several brokerages have commented on DINO. Mizuho upped their target price on shares of HF Sinclair from $63.00 to $69.00 and gave the company an “outperform” rating in a research report on Tuesday, March 17th. Weiss Ratings upgraded shares of HF Sinclair from a “hold (c)” rating to a “buy (b-)” rating in a research report on Wednesday, May 6th. Morgan Stanley set a $69.00 target price on shares of HF Sinclair in a research report on Monday, May 4th. UBS Group upped their target price on shares of HF Sinclair from $65.00 to $80.00 and gave the company a “buy” rating in a research report on Tuesday, May 5th. Finally, Wells Fargo & Company upped their target price on shares of HF Sinclair from $58.00 to $67.00 and gave the company an “equal weight” rating in a research report on Tuesday, March 31st. Two equities research analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $69.91.

HF Sinclair Stock Performance

Shares of HF Sinclair stock opened at $68.37 on Friday. The firm has a fifty day moving average of $62.88 and a two-hundred day moving average of $55.59. The stock has a market capitalization of $12.32 billion, a price-to-earnings ratio of 10.28 and a beta of 0.72. HF Sinclair Corporation has a 52 week low of $34.42 and a 52 week 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.

HF Sinclair (NYSE:DINO) last announced its quarterly earnings results on Friday, May 1st. The company reported $0.69 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.06) by $0.75. HF Sinclair had a net margin of 4.46% and a return on equity of 11.94%. The company had revenue of $7.12 billion during the quarter, compared to analyst estimates of $6.83 billion. During the same quarter in the previous year, the business earned ($0.27) EPS. The firm’s revenue was up 11.8% on a year-over-year basis. As a group, equities research analysts predict that HF Sinclair Corporation will post 8.9 EPS for the current 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 issued a $0.50 dividend. The ex-dividend date of this dividend is Monday, May 11th. This represents a $2.00 annualized dividend and a dividend yield of 2.9%. HF Sinclair’s payout ratio is 30.08%.

About HF Sinclair

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.