Empowered Funds LLC Decreases Stock Holdings in HF Sinclair Co. (NYSE:DINO)

Empowered Funds LLC lessened its stake in HF Sinclair Co. (NYSE:DINO) by 39.2% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 75,501 shares of the company’s stock after selling 48,603 shares during the period. Empowered Funds LLC’s holdings in HF Sinclair were worth $2,646,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Pacer Advisors Inc. increased its holdings in HF Sinclair by 8.1% in the 3rd quarter. Pacer Advisors Inc. now owns 8,411,694 shares of the company’s stock valued at $374,909,000 after purchasing an additional 626,755 shares during the last quarter. Charles Schwab Investment Management Inc. increased its holdings in HF Sinclair by 3.5% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 4,894,833 shares of the company’s stock valued at $218,163,000 after purchasing an additional 165,313 shares during the last quarter. AustralianSuper Pty Ltd increased its holdings in HF Sinclair by 11.7% in the 3rd quarter. AustralianSuper Pty Ltd now owns 1,678,196 shares of the company’s stock valued at $74,797,000 after purchasing an additional 175,925 shares during the last quarter. FMR LLC increased its holdings in HF Sinclair by 13.8% in the 3rd quarter. FMR LLC now owns 1,167,209 shares of the company’s stock valued at $52,023,000 after purchasing an additional 141,472 shares during the last quarter. Finally, Thompson Siegel & Walmsley LLC increased its holdings in HF Sinclair by 11.5% in the 3rd quarter. Thompson Siegel & Walmsley LLC now owns 987,750 shares of the company’s stock valued at $44,024,000 after purchasing an additional 101,586 shares during the last quarter. Institutional investors and hedge funds own 88.29% of the company’s stock.

Insider Buying and Selling

In related news, CFO Atanas H. Atanasov purchased 5,000 shares of HF Sinclair stock in a transaction that occurred on Thursday, December 19th. The stock was purchased at an average cost of $33.77 per share, with a total value of $168,850.00. Following the completion of the transaction, the chief financial officer now directly owns 78,927 shares in the company, valued at approximately $2,665,364.79. The trade was a 6.76 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.28% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on DINO. Barclays dropped their target price on shares of HF Sinclair from $42.00 to $37.00 and set an “equal weight” rating for the company in a report on Monday, January 13th. TD Cowen dropped their price target on shares of HF Sinclair from $43.00 to $35.00 and set a “hold” rating for the company in a research note on Wednesday, December 18th. Mizuho dropped their price target on shares of HF Sinclair from $50.00 to $45.00 and set a “neutral” rating for the company in a research note on Monday, December 16th. JPMorgan Chase & Co. dropped their price target on shares of HF Sinclair from $51.00 to $50.00 and set a “neutral” rating for the company in a research note on Tuesday, December 10th. Finally, UBS Group dropped their price target on shares of HF Sinclair from $58.00 to $55.00 and set a “buy” rating for the company in a research note on Monday, November 4th. Seven research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $51.00.

HF Sinclair Stock Performance

Shares of DINO stock opened at $36.91 on Friday. The company has a current ratio of 1.81, a quick ratio of 0.90 and a debt-to-equity ratio of 0.24. The firm has a fifty day moving average price of $36.15 and a 200 day moving average price of $41.79. The company has a market cap of $6.94 billion, a P/E ratio of 22.78 and a beta of 1.22. HF Sinclair Co. has a 12 month low of $33.47 and a 12 month high of $64.16.

About HF Sinclair

HF Sinclair Corporation operates as an independent energy company. The company produces and markets gasoline, diesel fuel, jet fuel, renewable diesel, specialty lubricant products, specialty chemicals, specialty and modified asphalt, and others. It owns and operates refineries located in Kansas, Oklahoma, New Mexico, Utah, Washington, and Wyoming; and markets its refined products principally in the Southwest United States and Rocky Mountains, Pacific Northwest, and in other neighboring Plains states.