Atlantic Union Bankshares Corp Buys 12,417 Shares of HF Sinclair Corporation $DINO

Atlantic Union Bankshares Corp increased its stake in shares of HF Sinclair Corporation (NYSE:DINO) by 325.9% during the third quarter, HoldingsChannel.com reports. The fund owned 16,227 shares of the company’s stock after purchasing an additional 12,417 shares during the period. Atlantic Union Bankshares Corp’s holdings in HF Sinclair were worth $849,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in DINO. Goldman Sachs Group Inc. boosted its position in HF Sinclair by 14.6% during the first quarter. Goldman Sachs Group Inc. now owns 939,764 shares of the company’s stock worth $30,899,000 after purchasing an additional 119,832 shares during the period. Focus Partners Wealth grew its stake in HF Sinclair by 71.7% in the 1st quarter. Focus Partners Wealth now owns 19,400 shares of the company’s stock valued at $638,000 after buying an additional 8,102 shares during the last quarter. QRG Capital Management Inc. acquired a new position in HF Sinclair during the 2nd quarter worth $215,000. KLP Kapitalforvaltning AS boosted its holdings in HF Sinclair by 13.4% during the second quarter. KLP Kapitalforvaltning AS now owns 162,700 shares of the company’s stock valued at $6,684,000 after acquiring an additional 19,200 shares during the period. Finally, Louisiana State Employees Retirement System boosted its holdings in HF Sinclair by 0.7% during the second quarter. Louisiana State Employees Retirement System now owns 45,100 shares of the company’s stock valued at $1,853,000 after acquiring an additional 300 shares during the period. 88.29% of the stock is currently owned by institutional investors and hedge funds.

HF Sinclair Stock Up 4.1%

Shares of DINO opened at $56.88 on Thursday. The company has a quick ratio of 0.97, a current ratio of 1.91 and a debt-to-equity ratio of 0.29. The company has a 50-day moving average price of $49.40 and a two-hundred day moving average price of $50.05. The stock has a market cap of $10.46 billion, a price-to-earnings ratio of 27.22 and a beta of 0.87. HF Sinclair Corporation has a 12 month low of $24.66 and a 12 month high of $57.11.

Analysts Set New Price Targets

Several equities analysts recently weighed in on the company. Weiss Ratings reissued a “hold (c)” rating on shares of HF Sinclair in a research report on Monday, December 29th. Wells Fargo & Company started coverage on HF Sinclair in a report on Friday, October 17th. They set an “equal weight” rating and a $58.00 price target for the company. Scotiabank restated an “outperform” rating and issued a $62.00 price objective on shares of HF Sinclair in a research note on Friday, January 16th. Barclays dropped their target price on shares of HF Sinclair from $54.00 to $51.00 and set an “equal weight” rating on the stock in a research report on Tuesday, January 13th. Finally, Wall Street Zen downgraded shares of HF Sinclair from a “strong-buy” rating to a “buy” rating in a report on Monday, January 19th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $59.90.

About HF Sinclair

HF Sinclair Corporation is a diversified energy manufacturing company engaged in the refining, marketing, and transportation of petroleum products across the United States. The company operates a network of refineries and processing facilities that convert crude oil and other feedstocks into fuels and specialty products. Its integrated model encompasses upstream supply agreements, midstream logistics, and downstream marketing channels, positioning HF Sinclair as a key supplier of refined products to wholesale and retail markets.

The company’s core product slate includes gasoline, diesel, jet fuel, and renewable fuels such as renewable diesel and biodiesel.