HF Sinclair Corporation $DINO Shares Bought by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP increased its holdings in shares of HF Sinclair Corporation (NYSE:DINO) by 6.4% during the 3rd quarter, Holdings Channel.com reports. The fund owned 9,259,238 shares of the company’s stock after buying an additional 560,194 shares during the period. Dimensional Fund Advisors LP owned approximately 0.05% of HF Sinclair worth $484,631,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. Encompass Capital Advisors LLC bought a new stake in shares of HF Sinclair in the 2nd quarter worth approximately $70,437,000. Engineers Gate Manager LP increased its position in HF Sinclair by 1,068.6% in the second quarter. Engineers Gate Manager LP now owns 786,606 shares of the company’s stock worth $32,314,000 after buying an additional 719,292 shares during the period. Norges Bank bought a new stake in HF Sinclair in the second quarter valued at $25,531,000. Assenagon Asset Management S.A. acquired a new position in shares of HF Sinclair during the third quarter valued at $24,213,000. Finally, Arrowstreet Capital Limited Partnership grew its position in shares of HF Sinclair by 137.7% during the second quarter. Arrowstreet Capital Limited Partnership now owns 779,012 shares of the company’s stock worth $32,002,000 after acquiring an additional 451,346 shares during the last quarter. 88.29% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

DINO has been the topic of a number of recent analyst reports. TD Cowen lifted their price target on HF Sinclair from $44.00 to $50.00 and gave the company a “hold” rating in a report on Thursday, February 19th. Argus raised HF Sinclair to a “hold” rating in a research note on Tuesday, February 24th. Weiss Ratings reissued a “hold (c)” rating on shares of HF Sinclair in a research note on Monday, December 29th. Mizuho raised their price target on HF Sinclair from $62.00 to $63.00 and gave the company an “outperform” rating in a report on Friday, December 12th. Finally, Zacks Research downgraded shares of HF Sinclair from a “strong-buy” rating to a “hold” rating in a report on Monday, November 10th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $58.73.

HF Sinclair Stock Performance

Shares of NYSE DINO opened at $56.74 on Thursday. The stock’s fifty day simple moving average is $51.41 and its 200 day simple moving average is $51.51. The stock has a market capitalization of $10.23 billion, a price-to-earnings ratio of 18.48 and a beta of 0.83. The company has a quick ratio of 0.97, a current ratio of 1.94 and a debt-to-equity ratio of 0.30. HF Sinclair Corporation has a 52-week low of $24.66 and a 52-week high of $59.33.

HF Sinclair (NYSE:DINO) last announced its earnings results on Wednesday, February 18th. The company reported $1.20 EPS for the quarter, topping the consensus estimate of $0.83 by $0.37. HF Sinclair had a net margin of 2.15% and a return on equity of 10.20%. The company had revenue of $6.46 billion during the quarter, compared to analysts’ expectations of $6.19 billion. During the same period last year, the company posted ($1.02) earnings per share. The business’s revenue for the quarter was down .6% on a year-over-year basis. As a group, sell-side analysts forecast that HF Sinclair Corporation will post 2.39 earnings per share for the current fiscal year.

HF Sinclair Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 12th. Stockholders of record on Monday, March 2nd will be issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 3.5%. The ex-dividend date is Monday, March 2nd. HF Sinclair’s payout ratio is currently 65.15%.

HF Sinclair Profile

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.