Empirical Finance LLC Sells 8,213 Shares of HF Sinclair Co. (NYSE:DINO)

Empirical Finance LLC lowered its stake in shares of HF Sinclair Co. (NYSE:DINO) by 42.4% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 11,159 shares of the company’s stock after selling 8,213 shares during the period. Empirical Finance LLC’s holdings in HF Sinclair were worth $391,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in DINO. Capital Performance Advisors LLP acquired a new stake in shares of HF Sinclair in the third quarter valued at approximately $27,000. Sugar Maple Asset Management LLC bought a new position in HF Sinclair during the fourth quarter worth $27,000. Millburn Ridgefield Corp acquired a new position in shares of HF Sinclair in the third quarter valued at $50,000. Coastline Trust Co bought a new position in shares of HF Sinclair in the third quarter valued at about $55,000. Finally, Transamerica Financial Advisors Inc. acquired a new stake in shares of HF Sinclair during the 3rd quarter worth about $59,000. Institutional investors and hedge funds own 88.29% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on DINO. UBS Group decreased their price target on shares of HF Sinclair from $58.00 to $55.00 and set a “buy” rating on the stock in a research note on Monday, November 4th. Mizuho lowered their target price 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. Barclays decreased their price objective on HF Sinclair from $42.00 to $37.00 and set an “equal weight” rating on the stock in a report on Monday, January 13th. TD Cowen lowered their price objective 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. Finally, Wells Fargo & Company cut shares of HF Sinclair from an “overweight” rating to an “equal weight” rating and reduced their target price for the company from $53.00 to $45.00 in a research report on Monday, December 9th. Seven equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat, HF Sinclair currently has a consensus rating of “Hold” and a consensus target price of $51.00.

HF Sinclair Stock Up 0.3 %

NYSE DINO opened at $37.78 on Wednesday. The business has a fifty day moving average price of $36.27 and a two-hundred day moving average price of $41.92. The stock has a market capitalization of $7.11 billion, a PE ratio of 23.32 and a beta of 1.22. HF Sinclair Co. has a fifty-two week low of $33.47 and a fifty-two week high of $64.16. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.81 and a quick ratio of 0.90.

Insider Transactions at HF Sinclair

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

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.