Oakworth Capital Inc. Sells 15,812 Shares of HF Sinclair Co. (NYSE:DINO)

Oakworth Capital Inc. decreased its holdings in HF Sinclair Co. (NYSE:DINO) by 46.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 18,489 shares of the company’s stock after selling 15,812 shares during the period. Oakworth Capital Inc.’s holdings in HF Sinclair were worth $648,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Matrix Trust Co lifted its holdings in shares of HF Sinclair by 122.4% in the 3rd quarter. Matrix Trust Co now owns 576 shares of the company’s stock valued at $26,000 after acquiring an additional 317 shares during the last quarter. Capital Performance Advisors LLP purchased a new stake in HF Sinclair in the 3rd quarter worth about $27,000. Sugar Maple Asset Management LLC purchased a new stake in HF Sinclair in the 4th quarter worth about $27,000. Millburn Ridgefield Corp purchased a new stake in HF Sinclair in the 3rd quarter worth about $50,000. Finally, Coastline Trust Co purchased a new stake in HF Sinclair in the 3rd quarter worth about $55,000. Institutional investors own 88.29% of the company’s stock.

Insider Buying and Selling at HF Sinclair

In other news, CFO Atanas H. Atanasov bought 7,000 shares of the stock in a transaction on Thursday, December 12th. The stock was bought at an average cost of $37.96 per share, for a total transaction of $265,720.00. Following the completion of the purchase, the chief financial officer now directly owns 71,927 shares in the company, valued at approximately $2,730,348.92. The trade was a 10.78 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.28% of the stock is owned by insiders.

HF Sinclair Price Performance

NYSE DINO opened at $38.03 on Thursday. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.90 and a current ratio of 1.81. The firm’s 50 day moving average price is $36.53 and its 200-day moving average price is $42.22. HF Sinclair Co. has a 52-week low of $33.47 and a 52-week high of $64.16. The company has a market cap of $7.15 billion, a PE ratio of 23.47 and a beta of 1.22.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the stock. Mizuho reduced their price objective on shares of HF Sinclair from $50.00 to $45.00 and set a “neutral” rating on the stock in a research report on Monday, December 16th. JPMorgan Chase & Co. reduced their target price on shares of HF Sinclair from $51.00 to $50.00 and set a “neutral” rating on the stock in a research report on Tuesday, December 10th. TD Cowen reduced their target price on shares of HF Sinclair from $43.00 to $35.00 and set a “hold” rating on the stock in a research report on Wednesday, December 18th. Scotiabank reduced their target price on shares of HF Sinclair from $66.00 to $57.00 and set a “sector outperform” rating on the stock in a research report on Thursday, October 10th. Finally, UBS Group reduced their target price on shares of HF Sinclair from $58.00 to $55.00 and set a “buy” rating on the stock in a research report on Monday, November 4th. Seven equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to MarketBeat.com, HF Sinclair has an average rating of “Hold” and an average price target of $51.00.

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.