B. Metzler seel. Sohn & Co. AG Sells 7,428 Shares of HF Sinclair Co. (NYSE:DINO)

B. Metzler seel. Sohn & Co. AG trimmed its position in shares of HF Sinclair Co. (NYSE:DINO) by 30.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 17,144 shares of the company’s stock after selling 7,428 shares during the period. B. Metzler seel. Sohn & Co. AG’s holdings in HF Sinclair were worth $595,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. FMR LLC lifted its holdings in shares of HF Sinclair by 13.8% during the 3rd quarter. FMR LLC now owns 1,167,209 shares of the company’s stock worth $52,023,000 after acquiring an additional 141,472 shares during the period. Townsquare Capital LLC acquired a new position in HF Sinclair in the third quarter worth about $220,000. Captrust Financial Advisors lifted its stake in HF Sinclair by 14.2% during the third quarter. Captrust Financial Advisors now owns 18,475 shares of the company’s stock worth $823,000 after purchasing an additional 2,297 shares during the period. Janus Henderson Group PLC boosted its holdings in HF Sinclair by 4.9% during the third quarter. Janus Henderson Group PLC now owns 706,799 shares of the company’s stock valued at $31,502,000 after purchasing an additional 32,951 shares in the last quarter. Finally, Investment Management Corp of Ontario grew its stake in shares of HF Sinclair by 6.4% in the 3rd quarter. Investment Management Corp of Ontario now owns 28,456 shares of the company’s stock valued at $1,268,000 after purchasing an additional 1,700 shares during the period. Institutional investors and hedge funds own 88.29% of the company’s stock.

Wall Street Analysts Forecast Growth

DINO has been the topic of a number of analyst reports. TD Cowen lowered their price target on HF Sinclair from $43.00 to $35.00 and set a “hold” rating on the stock in a research report on Wednesday, December 18th. Wells Fargo & Company upped their target price on shares of HF Sinclair from $42.00 to $44.00 and gave the stock an “equal weight” rating in a report on Friday, March 21st. Barclays cut their price target on shares of HF Sinclair from $37.00 to $35.00 and set an “equal weight” rating for the company in a report on Friday, March 14th. Mizuho decreased their price objective on shares of HF Sinclair from $45.00 to $40.00 and set a “neutral” rating on the stock in a research note on Thursday. Finally, Piper Sandler set a $46.00 target price on shares of HF Sinclair in a research note on Friday, March 7th. Seven analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, HF Sinclair presently has a consensus rating of “Hold” and a consensus target price of $46.50.

HF Sinclair Stock Down 6.2 %

NYSE:DINO opened at $27.46 on Friday. The stock’s fifty day moving average price is $34.55 and its two-hundred day moving average price is $38.35. The company has a market cap of $5.17 billion, a price-to-earnings ratio of 33.48 and a beta of 1.13. HF Sinclair Co. has a 52-week low of $26.02 and a 52-week high of $64.16. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.90 and a current ratio of 1.81.

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

HF Sinclair Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 20th. Stockholders of record on Thursday, March 6th were given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 7.28%. The ex-dividend date of this dividend was Thursday, March 6th. HF Sinclair’s dividend payout ratio is 243.90%.

Insider Buying and Selling

In other HF Sinclair news, Director Franklin Myers bought 5,000 shares of the company’s stock in a transaction on Wednesday, February 26th. The stock was bought at an average price of $35.66 per share, for a total transaction of $178,300.00. Following the transaction, the director now owns 154,065 shares of the company’s stock, valued at approximately $5,493,957.90. The trade was a 3.35 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.28% of the stock is currently owned by insiders.

HF Sinclair 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.