Deroy & Devereaux Private Investment Counsel Inc. Has $2.85 Million Position in HF Sinclair Co. (NYSE:DINO)

Deroy & Devereaux Private Investment Counsel Inc. increased its holdings in shares of HF Sinclair Co. (NYSE:DINO) by 0.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 63,885 shares of the company’s stock after purchasing an additional 455 shares during the period. Deroy & Devereaux Private Investment Counsel Inc.’s holdings in HF Sinclair were worth $2,847,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the business. Poehling Capital Management INC. lifted its holdings in shares of HF Sinclair by 0.3% in the first quarter. Poehling Capital Management INC. now owns 66,079 shares of the company’s stock valued at $3,989,000 after purchasing an additional 203 shares in the last quarter. V Square Quantitative Management LLC lifted its stake in HF Sinclair by 11.1% in the 3rd quarter. V Square Quantitative Management LLC now owns 2,262 shares of the company’s stock valued at $101,000 after acquiring an additional 226 shares in the last quarter. Empirical Finance LLC boosted its position in HF Sinclair by 1.2% during the 2nd quarter. Empirical Finance LLC now owns 19,300 shares of the company’s stock worth $1,029,000 after acquiring an additional 228 shares during the last quarter. Fifth Third Bancorp grew its stake in shares of HF Sinclair by 6.7% during the 2nd quarter. Fifth Third Bancorp now owns 4,258 shares of the company’s stock worth $227,000 after acquiring an additional 267 shares in the last quarter. Finally, Matrix Trust Co raised its holdings in shares of HF Sinclair by 122.4% in the third quarter. Matrix Trust Co now owns 576 shares of the company’s stock valued at $26,000 after purchasing an additional 317 shares during the last quarter. 88.29% of the stock is currently owned by institutional investors and hedge funds.

HF Sinclair Trading Down 5.4 %

Shares of DINO stock opened at $38.61 on Friday. HF Sinclair Co. has a 12-month low of $38.25 and a 12-month high of $64.16. The company has a market capitalization of $7.37 billion, a PE ratio of 6.18 and a beta of 1.16. The firm has a 50 day moving average price of $45.29 and a two-hundred day moving average price of $50.02. The company has a quick ratio of 0.97, a current ratio of 2.12 and a debt-to-equity ratio of 0.26.

HF Sinclair (NYSE:DINO) last released its quarterly earnings results on Thursday, August 1st. The company reported $0.78 earnings per share for the quarter, topping the consensus estimate of $0.72 by $0.06. HF Sinclair had a return on equity of 11.85% and a net margin of 3.80%. The business had revenue of $7.85 billion during the quarter, compared to analysts’ expectations of $7.65 billion. During the same period last year, the firm posted $2.60 EPS. The firm’s revenue for the quarter was up .2% compared to the same quarter last year. As a group, analysts predict that HF Sinclair Co. will post 2.32 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research analysts recently commented on DINO shares. UBS Group reduced their target price on shares of HF Sinclair from $73.00 to $70.00 and set a “buy” rating for the company in a report on Tuesday, August 13th. Wolfe Research initiated coverage on shares of HF Sinclair in a research note on Thursday, July 18th. They set a “peer perform” rating for the company. BMO Capital Markets lowered their target price on HF Sinclair from $57.00 to $53.00 and set an “outperform” rating on the stock in a research report on Friday, October 4th. Mizuho reduced their price target on HF Sinclair from $53.00 to $50.00 and set a “neutral” rating for the company in a research report on Thursday, October 10th. Finally, JPMorgan Chase & Co. decreased their target price on shares of HF Sinclair from $60.00 to $51.00 and set a “neutral” rating for the company in a research note on Wednesday, October 2nd. Six analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $55.82.

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.