John G Ullman & Associates Inc. Purchases 1,500 Shares of HF Sinclair Co. (NYSE:DINO)

John G Ullman & Associates Inc. grew its position in HF Sinclair Co. (NYSE:DINO) by 33.3% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 6,000 shares of the company’s stock after buying an additional 1,500 shares during the period. John G Ullman & Associates Inc.’s holdings in HF Sinclair were worth $267,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Pacer Advisors Inc. raised its position in HF Sinclair by 58.3% during the second quarter. Pacer Advisors Inc. now owns 7,784,939 shares of the company’s stock worth $415,249,000 after acquiring an additional 2,868,273 shares in the last quarter. Dimensional Fund Advisors LP raised its position in HF Sinclair by 7.5% during the 2nd quarter. Dimensional Fund Advisors LP now owns 5,749,406 shares of the company’s stock worth $306,665,000 after purchasing an additional 399,988 shares during the last quarter. AQR Capital Management LLC raised its position in shares of HF Sinclair by 54.9% in the 2nd quarter. AQR Capital Management LLC now owns 2,816,084 shares of the company’s stock worth $147,873,000 after acquiring an additional 997,629 shares in the last quarter. AustralianSuper Pty Ltd increased its stake in HF Sinclair by 11.7% in the third quarter. AustralianSuper Pty Ltd now owns 1,678,196 shares of the company’s stock valued at $74,797,000 after purchasing an additional 175,925 shares in the last quarter. Finally, Thompson Siegel & Walmsley LLC increased its stake in HF Sinclair by 4.9% during the 2nd quarter. Thompson Siegel & Walmsley LLC now owns 886,164 shares of the company’s stock valued at $47,268,000 after purchasing an additional 41,456 shares in the last quarter. Institutional investors and hedge funds own 88.29% of the company’s stock.

Insider Buying and Selling

In other news, Director Franklin Myers purchased 5,000 shares of the firm’s stock in a transaction on Friday, November 1st. The stock was bought at an average cost of $38.76 per share, for a total transaction of $193,800.00. Following the completion of the acquisition, the director now directly owns 145,293 shares of the company’s stock, valued at approximately $5,631,556.68. The trade was a 3.56 % increase in their ownership of the stock. The transaction 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.

Analyst Upgrades and Downgrades

DINO has been the topic of a number of research analyst reports. UBS Group cut their target price on HF Sinclair from $58.00 to $55.00 and set a “buy” rating on the stock in a research note on Monday, November 4th. Scotiabank lowered their price target on HF Sinclair from $66.00 to $57.00 and set a “sector outperform” rating on the stock in a report on Thursday, October 10th. Barclays cut their target price on shares of HF Sinclair from $44.00 to $42.00 and set an “equal weight” rating for the company in a research report on Monday, November 11th. Wells Fargo & Company lowered their price objective on shares of HF Sinclair from $54.00 to $53.00 and set an “overweight” rating for the company in a report on Wednesday, October 9th. Finally, Mizuho reduced their price target on HF Sinclair from $53.00 to $50.00 and set a “neutral” rating on the stock in a research report on Thursday, October 10th. Six analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $54.27.

HF Sinclair Stock Up 0.7 %

NYSE:DINO opened at $42.12 on Friday. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.90 and a current ratio of 1.81. The company has a market capitalization of $7.92 billion, a price-to-earnings ratio of 26.00 and a beta of 1.18. HF Sinclair Co. has a one year low of $38.25 and a one year high of $64.16. The stock has a 50-day simple moving average of $43.70 and a 200 day simple moving average of $48.47.

HF Sinclair (NYSE:DINO) last issued its quarterly earnings data on Thursday, October 31st. The company reported $0.51 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.32 by $0.19. HF Sinclair had a return on equity of 5.51% and a net margin of 1.10%. The business had revenue of $7.21 billion during the quarter, compared to analyst estimates of $7.11 billion. During the same period in the prior year, the company posted $4.06 EPS. The business’s revenue for the quarter was down 19.1% compared to the same quarter last year. Sell-side analysts predict that HF Sinclair Co. will post 2.39 EPS for the current fiscal year.

HF Sinclair Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 4th. Investors of record on Thursday, November 21st will be paid a $0.50 dividend. The ex-dividend date of this dividend is Thursday, November 21st. This represents a $2.00 annualized dividend and a dividend yield of 4.75%. HF Sinclair’s payout ratio is 123.46%.

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.