HF Sinclair Corporation $DINO Shares Bought by Advisors Asset Management Inc.

Advisors Asset Management Inc. grew its holdings in shares of HF Sinclair Corporation (NYSE:DINO) by 7.9% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 156,778 shares of the company’s stock after purchasing an additional 11,417 shares during the period. Advisors Asset Management Inc. owned approximately 0.08% of HF Sinclair worth $8,206,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Quent Capital LLC bought a new stake in HF Sinclair during the third quarter worth approximately $28,000. Kiker Wealth Management LLC acquired a new stake in shares of HF Sinclair in the second quarter valued at $32,000. Johnson Financial Group Inc. bought a new stake in HF Sinclair in the second quarter worth about $33,000. State of Wyoming acquired a new stake in HF Sinclair in the 2nd quarter valued at about $41,000. Finally, Hantz Financial Services Inc. boosted its position in shares of HF Sinclair by 203.5% during the 2nd quarter. Hantz Financial Services Inc. now owns 1,545 shares of the company’s stock valued at $63,000 after purchasing an additional 1,036 shares in the last quarter. 88.29% of the stock is currently owned by institutional investors.

HF Sinclair Price Performance

DINO opened at $58.80 on Thursday. The stock has a fifty day moving average price of $49.97 and a 200 day moving average price of $50.53. The company has a current ratio of 1.91, a quick ratio of 0.97 and a debt-to-equity ratio of 0.29. HF Sinclair Corporation has a 1 year low of $24.66 and a 1 year high of $59.11. The stock has a market cap of $10.82 billion, a price-to-earnings ratio of 28.13 and a beta of 0.87.

Analyst Upgrades and Downgrades

Several analysts recently commented on the stock. Morgan Stanley increased their target price on shares of HF Sinclair from $60.00 to $61.00 and gave the company an “overweight” rating in a research note on Tuesday, January 27th. Weiss Ratings reiterated a “hold (c)” rating on shares of HF Sinclair in a research report on Monday, December 29th. Wells Fargo & Company assumed coverage on HF Sinclair in a report on Friday, October 17th. They issued an “equal weight” rating and a $58.00 target price on the stock. Raymond James Financial reaffirmed a “strong-buy” rating and set a $65.00 target price (up from $60.00) on shares of HF Sinclair in a report on Friday, October 17th. Finally, Wall Street Zen cut HF Sinclair from a “strong-buy” rating to a “buy” rating in a research note on Monday, January 19th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, HF Sinclair has an average rating of “Moderate Buy” and an average target price of $59.90.

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.