Campbell & CO Investment Adviser LLC Lowers Stock Holdings in HF Sinclair Corporation $DINO

Campbell & CO Investment Adviser LLC lessened its stake in HF Sinclair Corporation (NYSE:DINO) by 57.3% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 19,233 shares of the company’s stock after selling 25,830 shares during the quarter. Campbell & CO Investment Adviser LLC’s holdings in HF Sinclair were worth $1,007,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of DINO. Goldman Sachs Group Inc. boosted its holdings in HF Sinclair by 14.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 939,764 shares of the company’s stock worth $30,899,000 after acquiring an additional 119,832 shares during the period. Focus Partners Wealth boosted its stake in shares of HF Sinclair by 71.7% during 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. Parallel Advisors LLC grew its position in shares of HF Sinclair by 421.9% during the second quarter. Parallel Advisors LLC now owns 4,008 shares of the company’s stock worth $165,000 after buying an additional 3,240 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its stake in shares of HF Sinclair by 86.3% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 95,457 shares of the company’s stock worth $4,215,000 after buying an additional 44,227 shares during the last quarter. Finally, Diversified Trust Co bought a new stake in shares of HF Sinclair in the second quarter worth $600,000. 88.29% of the stock is owned by institutional investors and hedge funds.

HF Sinclair Stock Down 2.3%

Shares of HF Sinclair stock opened at $48.67 on Tuesday. HF Sinclair Corporation has a 1-year low of $24.66 and a 1-year high of $56.58. The company has a market capitalization of $8.95 billion, a P/E ratio of 23.29 and a beta of 0.84. The business’s fifty day moving average price is $50.07 and its two-hundred day moving average price is $49.52. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.91 and a quick ratio of 0.97.

HF Sinclair (NYSE:DINO) last issued its quarterly earnings data on Thursday, October 30th. The company reported $2.44 earnings per share for the quarter, beating analysts’ consensus estimates of $1.94 by $0.50. The business had revenue of $7.25 billion for the quarter, compared to analysts’ expectations of $6.99 billion. HF Sinclair had a net margin of 1.46% and a return on equity of 5.77%. The company’s revenue was up .6% on a year-over-year basis. During the same period in the previous year, the business earned $0.51 earnings per share. As a group, research analysts forecast that HF Sinclair Corporation will post 2.39 EPS for the current year.

HF Sinclair Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, December 5th. Stockholders of record on Wednesday, November 19th were given a dividend of $0.50 per share. The ex-dividend date was Wednesday, November 19th. This represents a $2.00 annualized dividend and a dividend yield of 4.1%. HF Sinclair’s dividend payout ratio (DPR) is 95.69%.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on DINO shares. UBS Group raised their price objective on shares of HF Sinclair from $63.00 to $65.00 and gave the stock a “buy” rating in a report on Tuesday, November 4th. Scotiabank restated an “outperform” rating and issued a $62.00 price target on shares of HF Sinclair in a research report on Friday. Weiss Ratings reaffirmed a “hold (c)” rating on shares of HF Sinclair in a report on Monday, December 29th. Wells Fargo & Company initiated coverage on shares of HF Sinclair in a research note on Friday, October 17th. They set an “equal weight” rating and a $58.00 price objective on the stock. Finally, Wall Street Zen lowered HF Sinclair from a “strong-buy” rating to a “buy” rating in a report on Monday. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $59.80.

HF Sinclair Company 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.