Natixis Advisors LLC Has $2.20 Million Stock Holdings in HF Sinclair Co. (NYSE:DINO)

Natixis Advisors LLC lifted its position in shares of HF Sinclair Co. (NYSE:DINO) by 7.5% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 49,384 shares of the company’s stock after buying an additional 3,456 shares during the quarter. Natixis Advisors LLC’s holdings in HF Sinclair were worth $2,201,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. O Shaughnessy Asset Management LLC raised its stake in HF Sinclair by 15.9% in the 1st quarter. O Shaughnessy Asset Management LLC now owns 13,021 shares of the company’s stock worth $786,000 after purchasing an additional 1,782 shares in the last quarter. UniSuper Management Pty Ltd raised its position in shares of HF Sinclair by 91.7% in the first quarter. UniSuper Management Pty Ltd now owns 2,300 shares of the company’s stock valued at $139,000 after buying an additional 1,100 shares in the last quarter. Bessemer Group Inc. boosted its stake in shares of HF Sinclair by 201.0% in the first quarter. Bessemer Group Inc. now owns 1,171 shares of the company’s stock valued at $71,000 after buying an additional 782 shares during the period. Advisors Asset Management Inc. grew its position in HF Sinclair by 62.5% during the first quarter. Advisors Asset Management Inc. now owns 20,175 shares of the company’s stock worth $1,218,000 after buying an additional 7,763 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD increased its stake in HF Sinclair by 10.6% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 82,115 shares of the company’s stock worth $4,958,000 after acquiring an additional 7,881 shares during the period. Institutional investors own 88.29% of the company’s stock.

HF Sinclair Price Performance

HF Sinclair stock opened at $42.37 on Monday. The stock has a 50-day moving average price of $43.64 and a two-hundred day moving average price of $48.27. The company has a current ratio of 1.81, a quick ratio of 0.90 and a debt-to-equity ratio of 0.24. HF Sinclair Co. has a 12 month low of $38.25 and a 12 month high of $64.16. The company has a market capitalization of $7.97 billion, a PE ratio of 26.15 and a beta of 1.18.

HF Sinclair (NYSE:DINO) last announced its earnings results on Thursday, October 31st. The company reported $0.51 EPS for the quarter, beating the consensus estimate of $0.32 by $0.19. HF Sinclair had a return on equity of 5.51% and a net margin of 1.10%. The business had revenue of $7.21 billion for the quarter, compared to analysts’ expectations of $7.11 billion. During the same period in the prior year, the business posted $4.06 earnings per share. The firm’s revenue was down 19.1% on a year-over-year basis. Analysts expect that HF Sinclair Co. will post 2.39 EPS for the current year.

HF Sinclair Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 4th. Shareholders of record on Thursday, November 21st will be issued a dividend of $0.50 per share. The ex-dividend date is Thursday, November 21st. This represents a $2.00 annualized dividend and a yield of 4.72%. HF Sinclair’s payout ratio is 123.46%.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on DINO shares. Scotiabank reduced their target price on HF Sinclair from $66.00 to $57.00 and set a “sector outperform” rating on the stock in a report on Thursday, October 10th. Mizuho decreased their target price on shares of HF Sinclair from $53.00 to $50.00 and set a “neutral” rating on the stock in a report on Thursday, October 10th. JPMorgan Chase & Co. cut their price target on shares of HF Sinclair from $60.00 to $51.00 and set a “neutral” rating for the company in a report on Wednesday, October 2nd. Barclays reduced their price target on shares of HF Sinclair from $44.00 to $42.00 and set an “equal weight” rating on the stock in a research report on Monday, November 11th. Finally, UBS Group lowered their price objective on shares of HF Sinclair from $58.00 to $55.00 and set a “buy” rating for the company in a research report on Monday, November 4th. Six equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $54.27.

Insider Activity

In other HF Sinclair news, Director Franklin Myers bought 5,000 shares of the business’s stock in a transaction dated Friday, November 1st. The shares were purchased at an average price of $38.76 per share, for a total transaction of $193,800.00. Following the purchase, the director now directly owns 145,293 shares of the company’s stock, valued at approximately $5,631,556.68. This represents a 3.56 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.28% of the company’s stock.

HF Sinclair Company Profile

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.