Fieldview Capital Management LLC Buys New Holdings in HF Sinclair Corporation $DINO

Fieldview Capital Management LLC bought a new position in HF Sinclair Corporation (NYSE:DINO) in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 72,803 shares of the company’s stock, valued at approximately $3,811,000.

A number of other institutional investors have also recently bought and sold shares of the business. Quent Capital LLC acquired a new position in shares of HF Sinclair in the 3rd quarter valued at $28,000. Johnson Financial Group Inc. acquired a new stake in shares of HF Sinclair during the 2nd quarter valued at about $33,000. State of Wyoming bought a new stake in HF Sinclair in the second quarter valued at about $41,000. CI Investments Inc. increased its stake in HF Sinclair by 20.0% in the third quarter. CI Investments Inc. now owns 1,121 shares of the company’s stock valued at $59,000 after acquiring an additional 187 shares during the period. Finally, Bessemer Group Inc. raised its position in HF Sinclair by 21.2% in the third quarter. Bessemer Group Inc. now owns 1,433 shares of the company’s stock worth $74,000 after purchasing an additional 251 shares in the last quarter. Institutional investors and hedge funds own 88.29% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the company. TD Cowen upped their price objective on HF Sinclair from $44.00 to $50.00 and gave the company a “hold” rating in a research note on Thursday, February 19th. BMO Capital Markets cut 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. Wall Street Zen lowered HF Sinclair from a “strong-buy” rating to a “buy” rating in a research note on Monday, January 19th. Morgan Stanley set a $57.00 price target on HF Sinclair in a research report on Thursday, February 19th. Finally, Piper Sandler dropped their price objective on HF Sinclair from $67.00 to $63.00 and set an “overweight” rating for the company in a research note on Thursday, February 19th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $58.73.

HF Sinclair Stock Performance

NYSE DINO opened at $56.11 on Monday. The firm has a market cap of $10.12 billion, a price-to-earnings ratio of 18.28 and a beta of 0.83. The company has a 50 day moving average of $51.84 and a 200-day moving average of $51.71. The company has a current ratio of 1.94, a quick ratio of 0.90 and a debt-to-equity ratio of 0.30. HF Sinclair Corporation has a 1-year low of $24.66 and a 1-year 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. The business had revenue of $6.46 billion for the quarter, compared to the consensus estimate of $6.19 billion. HF Sinclair had a return on equity of 10.20% and a net margin of 2.15%.HF Sinclair’s revenue was down .6% compared to the same quarter last year. During the same period in the previous year, the business earned ($1.02) EPS. On average, equities analysts forecast that HF Sinclair Corporation will post 2.39 earnings per share for the current fiscal year.

HF Sinclair Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 12th. Shareholders of record on Monday, March 2nd will be given a $0.50 dividend. The ex-dividend date is Monday, March 2nd. This represents a $2.00 annualized dividend and a yield of 3.6%. HF Sinclair’s payout ratio is presently 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.