Oakworth Capital Inc. Has $1.37 Million Stock Holdings in HF Sinclair Co. (NYSE:DINO)

Oakworth Capital Inc. boosted its position in HF Sinclair Co. (NYSE:DINO) by 7.4% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 24,586 shares of the company’s stock after purchasing an additional 1,699 shares during the period. Oakworth Capital Inc.’s holdings in HF Sinclair were worth $1,366,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Mackenzie Financial Corp boosted its position in HF Sinclair by 27.9% during the fourth quarter. Mackenzie Financial Corp now owns 18,456 shares of the company’s stock worth $1,026,000 after purchasing an additional 4,021 shares during the period. Strs Ohio grew its stake in HF Sinclair by 28.6% in the 4th quarter. Strs Ohio now owns 25,891 shares of the company’s stock valued at $1,438,000 after buying an additional 5,764 shares during the last quarter. Louisiana State Employees Retirement System bought a new position in HF Sinclair in the 4th quarter valued at about $2,445,000. Baystate Wealth Management LLC acquired a new stake in HF Sinclair during the fourth quarter worth approximately $37,000. Finally, PFS Partners LLC boosted its stake in HF Sinclair by 417.2% in the 4th quarter. PFS Partners LLC now owns 5,963 shares of the company’s stock valued at $331,000 after purchasing an additional 4,810 shares during the period. Institutional investors own 88.29% of the company’s stock.

HF Sinclair Trading Down 0.4 %

NYSE DINO traded down $0.25 during trading hours on Wednesday, reaching $57.30. The company’s stock had a trading volume of 885,273 shares, compared to its average volume of 2,175,917. The stock has a market cap of $11.30 billion, a P/E ratio of 6.93 and a beta of 1.28. The firm has a fifty day simple moving average of $59.19 and a 200-day simple moving average of $56.19. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.22 and a quick ratio of 1.16. HF Sinclair Co. has a 52 week low of $37.12 and a 52 week high of $64.16.

HF Sinclair (NYSE:DINO) last released its earnings results on Wednesday, February 21st. The company reported $0.87 earnings per share for the quarter, beating analysts’ consensus estimates of $0.72 by $0.15. The business had revenue of $7.66 billion during the quarter, compared to the consensus estimate of $8.05 billion. HF Sinclair had a net margin of 4.97% and a return on equity of 17.61%. The company’s revenue for the quarter was down 14.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.97 EPS. Equities analysts forecast that HF Sinclair Co. will post 6.34 earnings per share for the current fiscal year.

HF Sinclair Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 5th. Stockholders of record on Monday, February 26th were given a dividend of $0.50 per share. This is an increase from HF Sinclair’s previous quarterly dividend of $0.45. The ex-dividend date of this dividend was Friday, February 23rd. This represents a $2.00 annualized dividend and a dividend yield of 3.49%. HF Sinclair’s dividend payout ratio (DPR) is 24.10%.

Insider Transactions at HF Sinclair

In other news, Director Manuel J. Fernandez sold 1,213 shares of the firm’s stock in a transaction that occurred on Wednesday, March 20th. The shares were sold at an average price of $61.10, for a total transaction of $74,114.30. Following the completion of the sale, the director now owns 9,828 shares of the company’s stock, valued at approximately $600,490.80. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. In related news, Director Manuel J. Fernandez sold 1,213 shares of HF Sinclair stock in a transaction on Wednesday, March 20th. The shares were sold at an average price of $61.10, for a total value of $74,114.30. Following the completion of the sale, the director now owns 9,828 shares of the company’s stock, valued at approximately $600,490.80. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, EVP Valerie Pompa sold 7,000 shares of HF Sinclair stock in a transaction on Friday, February 23rd. The shares were sold at an average price of $57.53, for a total transaction of $402,710.00. Following the completion of the sale, the executive vice president now directly owns 29,617 shares of the company’s stock, valued at approximately $1,703,866.01. The disclosure for this sale can be found here. Insiders own 0.28% of the company’s stock.

Analyst Ratings Changes

DINO has been the subject of a number of research reports. Barclays started coverage on HF Sinclair in a report on Monday, February 26th. They set an “equal weight” rating and a $60.00 target price for the company. Scotiabank upped their price target on shares of HF Sinclair from $58.00 to $66.00 and gave the company a “sector outperform” rating in a research note on Thursday, April 11th. UBS Group upgraded shares of HF Sinclair from a “neutral” rating to a “buy” rating and upped their price target for the company from $64.00 to $73.00 in a research note on Wednesday, February 14th. Wells Fargo & Company upped their price target on shares of HF Sinclair from $64.00 to $67.00 and gave the company an “overweight” rating in a research note on Thursday, February 22nd. Finally, Mizuho reduced their price objective on shares of HF Sinclair from $66.00 to $65.00 and set a “neutral” rating on the stock in a research note on Monday. Four investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $65.42.

About HF Sinclair

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