Jackson Hole Capital Partners LLC Purchases 1,733 Shares of HF Sinclair Co. (NYSE:DINO)

Jackson Hole Capital Partners LLC grew its position in HF Sinclair Co. (NYSE:DINO) by 4.6% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 39,259 shares of the company’s stock after purchasing an additional 1,733 shares during the quarter. Jackson Hole Capital Partners LLC’s holdings in HF Sinclair were worth $1,376,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of the company. Amundi boosted its stake in shares of HF Sinclair by 132.3% in the 4th quarter. Amundi now owns 1,748,994 shares of the company’s stock valued at $61,025,000 after purchasing an additional 996,155 shares during the last quarter. Aviance Capital Partners LLC boosted its stake in shares of HF Sinclair by 14.8% in the 4th quarter. Aviance Capital Partners LLC now owns 31,239 shares of the company’s stock valued at $1,095,000 after purchasing an additional 4,030 shares during the last quarter. Pacific Heights Asset Management LLC boosted its stake in shares of HF Sinclair by 2.3% in the 4th quarter. Pacific Heights Asset Management LLC now owns 220,000 shares of the company’s stock valued at $7,711,000 after purchasing an additional 5,000 shares during the last quarter. Evergreen Private Wealth LLC boosted its stake in shares of HF Sinclair by 1.5% in the 4th quarter. Evergreen Private Wealth LLC now owns 26,754 shares of the company’s stock valued at $938,000 after purchasing an additional 392 shares during the last quarter. Finally, Inceptionr LLC boosted its stake in shares of HF Sinclair by 73.4% in the 4th quarter. Inceptionr LLC now owns 25,349 shares of the company’s stock valued at $888,000 after purchasing an additional 10,728 shares during the last quarter. 88.29% of the stock is owned by institutional investors.

HF Sinclair Stock Performance

DINO opened at $32.19 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 company’s fifty day moving average price is $35.85 and its two-hundred day moving average price is $40.30. HF Sinclair Co. has a 1-year low of $29.85 and a 1-year high of $64.16. The company has a market cap of $6.07 billion, a price-to-earnings ratio of 39.26 and a beta of 1.13.

HF Sinclair (NYSE:DINO) last released its quarterly earnings data on Thursday, February 20th. The company reported ($1.02) earnings per share for the quarter, missing the consensus estimate of ($0.91) by ($0.11). The business had revenue of $6.50 billion for the quarter, compared to analyst estimates of $6.56 billion. HF Sinclair had a return on equity of 1.98% and a net margin of 0.62%. On average, analysts expect that HF Sinclair Co. will post 2.39 EPS for the current fiscal year.

HF Sinclair Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 20th. Stockholders of record on Thursday, March 6th will be issued a $0.50 dividend. The ex-dividend date is Thursday, March 6th. This represents a $2.00 annualized dividend and a dividend yield of 6.21%. HF Sinclair’s dividend payout ratio is currently 243.90%.

Wall Street Analysts Forecast Growth

DINO has been the topic of a number of research reports. Piper Sandler reiterated an “overweight” rating and set a $49.00 target price on shares of HF Sinclair in a research report on Friday. Wells Fargo & Company downgraded shares of HF Sinclair from an “overweight” rating to an “equal weight” rating and dropped their target price for the company from $53.00 to $45.00 in a research report on Monday, December 9th. Barclays dropped their target price on shares of HF Sinclair from $42.00 to $37.00 and set an “equal weight” rating on the stock in a research report on Monday, January 13th. JPMorgan Chase & Co. dropped their target price on shares of HF Sinclair from $51.00 to $50.00 and set a “neutral” rating on the stock in a research report on Tuesday, December 10th. Finally, TD Cowen dropped their target price on shares of HF Sinclair from $43.00 to $35.00 and set a “hold” rating on the stock in a research report on Wednesday, December 18th. Seven analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $51.00.

Insider Activity

In other news, CFO Atanas H. Atanasov bought 7,000 shares of the stock in a transaction dated Thursday, December 12th. The stock was bought at an average price of $37.96 per share, for a total transaction of $265,720.00. Following the completion of the acquisition, the chief financial officer now directly owns 71,927 shares in the company, valued at approximately $2,730,348.92. This trade represents a 10.78 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Franklin Myers purchased 5,000 shares of HF Sinclair stock in a transaction that occurred on Wednesday, February 26th. The shares were bought at an average price of $35.66 per share, with a total value of $178,300.00. Following the transaction, the director now owns 154,065 shares of the company’s stock, valued at $5,493,957.90. This trade represents a 3.35 % increase in their position. The disclosure for this purchase can be found here. Insiders bought a total of 17,635 shares of company stock worth $632,860 over the last quarter. Insiders own 0.28% of the company’s stock.

HF Sinclair Company Profile

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.