Crossmark Global Holdings Inc. Has $1.94 Million Holdings in HF Sinclair Corporation $DINO

Crossmark Global Holdings Inc. grew its holdings in HF Sinclair Corporation (NYSE:DINO) by 190.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 37,002 shares of the company’s stock after purchasing an additional 24,269 shares during the quarter. Crossmark Global Holdings Inc.’s holdings in HF Sinclair were worth $1,937,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of DINO. Goldman Sachs Group Inc. lifted its holdings in HF Sinclair by 14.6% in the first quarter. Goldman Sachs Group Inc. now owns 939,764 shares of the company’s stock valued at $30,899,000 after buying an additional 119,832 shares during the period. Focus Partners Wealth grew its holdings in HF Sinclair by 71.7% during the 1st quarter. Focus Partners Wealth now owns 19,400 shares of the company’s stock worth $638,000 after acquiring an additional 8,102 shares during the period. Bank of Montreal Can grew its holdings in HF Sinclair by 1.3% during the 2nd quarter. Bank of Montreal Can now owns 22,788 shares of the company’s stock worth $936,000 after acquiring an additional 290 shares during the period. Moors & Cabot Inc. bought a new stake in shares of HF Sinclair during the 2nd quarter valued at $214,000. Finally, Atlantic Union Bankshares Corp acquired a new position in shares of HF Sinclair in the 2nd quarter valued at $157,000. Institutional investors and hedge funds own 88.29% of the company’s stock.

HF Sinclair Price Performance

DINO opened at $56.11 on Monday. The stock has a market cap of $10.12 billion, a P/E ratio of 18.28 and a beta of 0.83. HF Sinclair Corporation has a 12 month low of $24.66 and a 12 month high of $59.33. The company has a quick ratio of 0.90, a current ratio of 1.94 and a debt-to-equity ratio of 0.30. The company has a fifty day simple moving average of $51.84 and a 200 day simple moving average of $51.71.

HF Sinclair (NYSE:DINO) last posted its earnings results on Wednesday, February 18th. The company reported $1.20 earnings per share for the quarter, topping the consensus estimate of $0.83 by $0.37. HF Sinclair had a return on equity of 10.20% and a net margin of 2.15%.The firm had revenue of $6.46 billion for the quarter, compared to analyst estimates of $6.19 billion. During the same period in the previous year, the company posted ($1.02) earnings per share. The company’s revenue for the quarter was down .6% on a year-over-year basis. On average, research analysts expect that HF Sinclair Corporation will post 2.39 EPS for the current year.

HF Sinclair Announces Dividend

The firm also recently disclosed 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 3.6%. The ex-dividend date is Monday, March 2nd. HF Sinclair’s payout ratio is 65.15%.

Analysts Set New Price Targets

DINO has been the topic of several recent research reports. Argus upgraded HF Sinclair to a “hold” rating in a research report on Tuesday, February 24th. Mizuho upped their price objective on HF Sinclair from $62.00 to $63.00 and gave the company an “outperform” rating in a report on Friday, December 12th. Wall Street Zen lowered HF Sinclair from a “strong-buy” rating to a “buy” rating in a research note on Monday, January 19th. TD Cowen raised their target price on HF Sinclair from $44.00 to $50.00 and gave the stock a “hold” rating in a report on Thursday, February 19th. Finally, BMO Capital Markets decreased their target price on HF Sinclair from $65.00 to $60.00 and set an “outperform” rating for the company in a research report on Monday, February 23rd. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, HF Sinclair currently has an average rating of “Hold” and an average price target of $58.73.

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.