McAdam LLC Invests $201,000 in HF Sinclair Co. (NYSE:DINO)

McAdam LLC purchased a new stake in shares of HF Sinclair Co. (NYSE:DINO) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 5,730 shares of the company’s stock, valued at approximately $201,000.

A number of other large investors have also added to or reduced their stakes in the company. Deroy & Devereaux Private Investment Counsel Inc. raised its position in HF Sinclair by 0.6% during the 4th quarter. Deroy & Devereaux Private Investment Counsel Inc. now owns 64,275 shares of the company’s stock valued at $2,253,000 after purchasing an additional 390 shares during the last quarter. Mediolanum International Funds Ltd boosted its holdings in HF Sinclair by 31.8% in the fourth quarter. Mediolanum International Funds Ltd now owns 16,868 shares of the company’s stock valued at $576,000 after acquiring an additional 4,070 shares in the last quarter. Highland Capital Management LLC purchased a new position in HF Sinclair during the 4th quarter valued at $208,000. Robeco Institutional Asset Management B.V. raised its holdings in HF Sinclair by 10.6% in the 4th quarter. Robeco Institutional Asset Management B.V. now owns 303,967 shares of the company’s stock worth $10,654,000 after purchasing an additional 29,162 shares in the last quarter. Finally, Twelve Points Wealth Management LLC boosted its stake in shares of HF Sinclair by 36.1% during the 4th quarter. Twelve Points Wealth Management LLC now owns 22,221 shares of the company’s stock valued at $779,000 after purchasing an additional 5,889 shares in the last quarter. Institutional investors own 88.29% of the company’s stock.

HF Sinclair Stock Down 1.4 %

Shares of HF Sinclair stock opened at $35.59 on Tuesday. The company has a quick ratio of 0.90, a current ratio of 1.81 and a debt-to-equity ratio of 0.24. HF Sinclair Co. has a twelve month low of $33.47 and a twelve month high of $64.16. The company has a market cap of $6.70 billion, a price-to-earnings ratio of 21.97 and a beta of 1.22. The company’s 50 day moving average is $36.80 and its 200 day moving average is $42.41.

Insider Buying and Selling

In other HF Sinclair news, CFO Atanas H. Atanasov purchased 5,000 shares of the company’s stock in a transaction dated Thursday, December 19th. The shares were acquired at an average price of $33.77 per share, for a total transaction of $168,850.00. Following the purchase, the chief financial officer now directly owns 78,927 shares of the company’s stock, valued at $2,665,364.79. The trade was a 6.76 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.28% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several analysts have commented on DINO shares. UBS Group lowered their price objective on shares of HF Sinclair from $58.00 to $55.00 and set a “buy” rating for the company in a report on Monday, November 4th. TD Cowen lowered their price objective on HF Sinclair from $43.00 to $35.00 and set a “hold” rating for the company in a research report on Wednesday, December 18th. Scotiabank lowered their price target on shares of HF Sinclair from $66.00 to $57.00 and set a “sector outperform” rating for the company in a research report on Thursday, October 10th. Barclays decreased 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 research note on Monday, January 13th. Finally, Mizuho cut their price target on HF Sinclair from $50.00 to $45.00 and set a “neutral” rating on the stock in a research note on Monday, December 16th. Seven research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $51.00.

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.