Infrastructure Capital Advisors LLC Buys Shares of 28,966 HF Sinclair Corporation $DINO

Infrastructure Capital Advisors LLC bought a new position in HF Sinclair Corporation (NYSE:DINO) in the 1st quarter, HoldingsChannel reports. The fund bought 28,966 shares of the company’s stock, valued at approximately $1,807,000.

Several other large investors also recently made changes to their positions in DINO. V Square Quantitative Management LLC bought a new stake in shares of HF Sinclair during the fourth quarter valued at approximately $26,000. REAP Financial Group LLC bought a new position in HF Sinclair in the 4th quarter worth approximately $29,000. Nalls Sherbakoff Group LLC bought a new position in HF Sinclair in the 4th quarter worth approximately $36,000. Fairway Wealth LLC bought a new position in HF Sinclair in the 1st quarter worth approximately $41,000. Finally, State of Wyoming acquired a new stake in HF Sinclair in the 2nd quarter valued at approximately $41,000. Institutional investors and hedge funds own 88.29% of the company’s stock.

Insiders Place Their Bets

In related news, Director Manuel J. Fernandez sold 635 shares of the firm’s stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of $73.09, for a total transaction of $46,412.15. Following the completion of the transaction, the director owned 16,543 shares of the company’s stock, valued at $1,209,127.87. This trade represents a 3.70% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Valerie Pompa sold 10,000 shares of HF Sinclair stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $69.05, for a total value of $690,500.00. Following the transaction, 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 disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 13,736 shares of company stock valued at $954,694. 0.26% of the stock is currently owned by insiders.

HF Sinclair Price Performance

Shares of NYSE:DINO opened at $90.65 on Tuesday. HF Sinclair Corporation has a 12 month low of $42.16 and a 12 month high of $93.66. The stock has a market cap of $16.34 billion, a price-to-earnings ratio of 13.63 and a beta of 0.72. The stock’s 50 day moving average price is $74.16 and its 200 day moving average price is $63.45. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.79 and a quick ratio of 0.88.

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, beating analysts’ consensus estimates of ($0.06) by $0.75. The firm had revenue of $7.12 billion during 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 firm’s quarterly revenue was up 11.8% on a year-over-year basis. During the same period last year, the company posted ($0.27) EPS. Equities research analysts anticipate that HF Sinclair Corporation will post 11.15 earnings per share for the current fiscal year.

HF Sinclair Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 2nd. Stockholders of record on Monday, May 11th were issued a $0.50 dividend. The ex-dividend date was Monday, May 11th. This represents a $2.00 annualized dividend and a dividend yield of 2.2%. HF Sinclair’s dividend payout ratio is 30.08%.

Analysts Set New Price Targets

Several brokerages have weighed in on DINO. Raymond James Financial reaffirmed a “strong-buy” rating on shares of HF Sinclair in a research note on Monday, July 13th. TD Cowen increased their price target on HF Sinclair from $79.00 to $98.00 and gave the stock a “hold” rating in a research note on Tuesday, July 21st. Wells Fargo & Company raised their price target on HF Sinclair from $58.00 to $67.00 and gave the company an “equal weight” rating in a report on Tuesday, March 31st. Freedom Capital upgraded shares of HF Sinclair to a “hold” rating in a research note on Friday, June 5th. Finally, Barclays upped their price objective on shares of HF Sinclair from $71.00 to $81.00 and gave the stock an “equal weight” rating in a report on Monday, July 13th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and ten have given a Hold rating to the company. According to MarketBeat, HF Sinclair presently has a consensus rating of “Hold” and a consensus price target of $79.08.

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.