HF Sinclair Co. (NYSE:DINO) Shares Sold by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. trimmed its position in shares of HF Sinclair Co. (NYSE:DINOFree Report) by 4.3% in the first quarter, Holdings Channel.com reports. The firm owned 979,591 shares of the company’s stock after selling 43,934 shares during the period. Charles Schwab Investment Management Inc.’s holdings in HF Sinclair were worth $47,393,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the stock. Buckhead Capital Management LLC boosted its stake in HF Sinclair by 0.6% during the 1st quarter. Buckhead Capital Management LLC now owns 78,000 shares of the company’s stock valued at $3,774,000 after acquiring an additional 463 shares during the last quarter. HighTower Advisors LLC boosted its stake in HF Sinclair by 5.3% during the 1st quarter. HighTower Advisors LLC now owns 82,486 shares of the company’s stock valued at $3,988,000 after acquiring an additional 4,115 shares during the last quarter. Toronto Dominion Bank boosted its stake in HF Sinclair by 2,169.8% during the 1st quarter. Toronto Dominion Bank now owns 43,671 shares of the company’s stock valued at $2,112,000 after acquiring an additional 41,747 shares during the last quarter. Vinva Investment Management Ltd bought a new position in HF Sinclair during the 1st quarter valued at $2,599,000. Finally, Natixis Advisors L.P. lifted its position in shares of HF Sinclair by 7.3% in the 1st quarter. Natixis Advisors L.P. now owns 37,051 shares of the company’s stock worth $1,793,000 after buying an additional 2,536 shares during the last quarter. 89.15% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on DINO. Wells Fargo & Company raised their price target on shares of HF Sinclair from $52.00 to $60.00 and gave the stock an “overweight” rating in a research report on Friday, August 4th. Morgan Stanley reissued an “overweight” rating and set a $70.00 target price on shares of HF Sinclair in a research note on Wednesday, July 19th. The Goldman Sachs Group lifted their price objective on shares of HF Sinclair from $56.00 to $63.00 and gave the stock a “buy” rating in a research note on Tuesday, August 8th. Mizuho cut shares of HF Sinclair from a “buy” rating to a “neutral” rating and raised their price target for the stock from $56.00 to $63.00 in a report on Wednesday, August 16th. Finally, UBS Group raised their price target on shares of HF Sinclair from $53.00 to $58.00 and gave the stock a “neutral” rating in a report on Monday, August 7th. Six research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $61.83.

Check Out Our Latest Stock Report on DINO

HF Sinclair Trading Up 2.1 %

NYSE:DINO opened at $58.44 on Friday. HF Sinclair Co. has a 12 month low of $37.12 and a 12 month high of $66.19. The firm has a market cap of $10.76 billion, a price-to-earnings ratio of 4.96, a P/E/G ratio of 0.89 and a beta of 1.39. The company has a quick ratio of 1.19, a current ratio of 2.32 and a debt-to-equity ratio of 0.28. The company’s 50 day moving average is $52.46 and its 200-day moving average is $47.98.

HF Sinclair (NYSE:DINOGet Free Report) last announced its earnings results on Thursday, August 3rd. The company reported $2.60 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.27 by $0.33. HF Sinclair had a net margin of 6.87% and a return on equity of 24.58%. The business had revenue of $7.83 billion for the quarter, compared to analyst estimates of $7.38 billion. Equities analysts anticipate that HF Sinclair Co. will post 9.22 EPS for the current year.

HF Sinclair Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 6th. Shareholders of record on Thursday, August 17th were issued a $0.45 dividend. This represents a $1.80 annualized dividend and a yield of 3.08%. The ex-dividend date was Wednesday, August 16th. HF Sinclair’s dividend payout ratio (DPR) is presently 15.28%.

HF Sinclair Company Profile

(Free Report)

HF Sinclair Corporation operates as an independent energy company. It produces and markets gasoline, diesel fuel, jet fuel, renewable diesel, specialty lubricant products, specialty chemicals, specialty and modified asphalt, and others. The company also 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.

Further Reading

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Institutional Ownership by Quarter for HF Sinclair (NYSE:DINO)

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