Aviso Financial Inc. Sells 640 Shares of HF Sinclair Co. (NYSE:DINO)

Aviso Financial Inc. lowered its position in HF Sinclair Co. (NYSE:DINO) by 3.8% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 16,200 shares of the company’s stock after selling 640 shares during the quarter. Aviso Financial Inc.’s holdings in HF Sinclair were worth $568,000 at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of the business. EverSource Wealth Advisors LLC boosted its stake in shares of HF Sinclair by 53.9% in the fourth quarter. EverSource Wealth Advisors LLC now owns 934 shares of the company’s stock worth $33,000 after acquiring an additional 327 shares during the period. Wealth Enhancement Advisory Services LLC boosted its stake in HF Sinclair by 2.0% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 19,091 shares of the company’s stock worth $669,000 after purchasing an additional 367 shares during the period. Deroy & Devereaux Private Investment Counsel Inc. grew its holdings in HF Sinclair by 0.6% during the 4th quarter. Deroy & Devereaux Private Investment Counsel Inc. now owns 64,275 shares of the company’s stock valued at $2,253,000 after buying an additional 390 shares in the last quarter. Evergreen Private Wealth LLC raised its position in shares of HF Sinclair by 1.5% during the fourth quarter. Evergreen Private Wealth LLC now owns 26,754 shares of the company’s stock valued at $938,000 after buying an additional 392 shares during the last quarter. Finally, IFP Advisors Inc lifted its holdings in shares of HF Sinclair by 33.4% in the fourth quarter. IFP Advisors Inc now owns 1,666 shares of the company’s stock worth $58,000 after buying an additional 417 shares in the last quarter. Hedge funds and other institutional investors own 88.29% of the company’s stock.

HF Sinclair Price Performance

Shares of NYSE DINO opened at $32.36 on Friday. HF Sinclair Co. has a fifty-two week low of $29.85 and a fifty-two week high of $64.16. 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 company has a market cap of $6.10 billion, a PE ratio of 39.47 and a beta of 1.13. The business has a 50-day simple moving average of $35.50 and a two-hundred day simple moving average of $39.78.

HF Sinclair (NYSE:DINO) last released its earnings results on Thursday, February 20th. The company reported ($1.02) earnings per share for the quarter, missing the consensus estimate of ($0.91) by ($0.11). The company had revenue of $6.50 billion for the quarter, compared to analysts’ expectations of $6.56 billion. HF Sinclair had a return on equity of 1.98% and a net margin of 0.62%. As a group, equities analysts expect that HF Sinclair Co. will post 2.39 EPS for the current fiscal year.

HF Sinclair Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 20th. Investors of record on Thursday, March 6th will be paid a $0.50 dividend. The ex-dividend date of this dividend is Thursday, March 6th. This represents a $2.00 dividend on an annualized basis and a yield of 6.18%. HF Sinclair’s dividend payout ratio (DPR) is 243.90%.

Insiders Place Their Bets

In other news, CFO Atanas H. Atanasov bought 5,000 shares of the firm’s stock in a transaction that occurred on Thursday, December 19th. The stock was purchased at an average price of $33.77 per share, with a total value of $168,850.00. Following the completion of the acquisition, the chief financial officer now directly owns 78,927 shares of the company’s stock, valued at $2,665,364.79. This trade represents a 6.76 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In the last 90 days, insiders bought 10,635 shares of company stock valued at $367,140. 0.28% of the stock is owned by company insiders.

Analyst Ratings Changes

DINO has been the subject of several research analyst reports. Wells Fargo & Company cut shares of HF Sinclair from an “overweight” rating to an “equal weight” rating and cut their target price for the company from $53.00 to $45.00 in a research note on Monday, December 9th. TD Cowen reduced their target price on HF Sinclair from $43.00 to $35.00 and set a “hold” rating on the stock in a report on Wednesday, December 18th. Barclays dropped their price target on HF Sinclair from $37.00 to $35.00 and set an “equal weight” rating for the company in a research note on Friday. Morgan Stanley decreased their price objective on HF Sinclair from $51.00 to $50.00 and set an “overweight” rating on the stock in a report on Friday. Finally, Mizuho cut their target price on shares of HF Sinclair from $50.00 to $45.00 and set a “neutral” rating for the company in a report on Monday, December 16th. Seven equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to MarketBeat, HF Sinclair presently has an average rating of “Hold” and an average price target of $49.91.

HF Sinclair 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.