Kestra Investment Management LLC Has $412,000 Stock Holdings in HF Sinclair Co. (NYSE:DINO)

Kestra Investment Management LLC lifted its holdings in shares of HF Sinclair Co. (NYSE:DINO) by 157.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,747 shares of the company’s stock after purchasing an additional 7,179 shares during the period. Kestra Investment Management LLC’s holdings in HF Sinclair were worth $412,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Kornitzer Capital Management Inc. KS boosted its holdings in shares of HF Sinclair by 72.2% during the 4th quarter. Kornitzer Capital Management Inc. KS now owns 433,155 shares of the company’s stock worth $15,182,000 after buying an additional 181,550 shares in the last quarter. Buckhead Capital Management LLC lifted its position in shares of HF Sinclair by 15.7% during the 4th quarter. Buckhead Capital Management LLC now owns 67,321 shares of the company’s stock valued at $2,360,000 after acquiring an additional 9,131 shares during the period. Van ECK Associates Corp boosted its stake in HF Sinclair by 9.3% during the fourth quarter. Van ECK Associates Corp now owns 88,580 shares of the company’s stock worth $3,105,000 after acquiring an additional 7,531 shares in the last quarter. Single Point Partners LLC acquired a new stake in HF Sinclair in the fourth quarter worth $1,448,000. Finally, Cambiar Investors LLC bought a new stake in HF Sinclair in the fourth quarter valued at $7,751,000. Institutional investors and hedge funds own 88.29% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on the stock. Barclays cut their price objective on shares of HF Sinclair from $42.00 to $37.00 and set an “equal weight” rating on the stock in a research report on Monday, January 13th. Mizuho cut their price target on HF Sinclair from $50.00 to $45.00 and set a “neutral” rating on the stock in a report on Monday, December 16th. Wells Fargo & Company downgraded HF Sinclair from an “overweight” rating to an “equal weight” rating and decreased their price objective for the company from $53.00 to $45.00 in a report on Monday, December 9th. TD Cowen cut 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. Finally, UBS Group decreased their price target on shares of HF Sinclair from $58.00 to $55.00 and set a “buy” rating for the company in a research note on Monday, November 4th. Seven research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat.com, HF Sinclair presently has a consensus rating of “Hold” and an average price target of $51.00.

Insider Transactions at HF Sinclair

In other HF Sinclair news, CFO Atanas H. Atanasov bought 5,000 shares of the business’s stock in a transaction dated Thursday, December 19th. The shares were purchased at an average price of $33.77 per share, for a total transaction of $168,850.00. Following the purchase, the chief financial officer now directly owns 78,927 shares of the company’s stock, valued at approximately $2,665,364.79. This represents a 6.76 % 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. Company insiders own 0.28% of the company’s stock.

HF Sinclair Trading Down 1.7 %

NYSE DINO opened at $37.83 on Thursday. The company has a current ratio of 1.81, a quick ratio of 0.90 and a debt-to-equity ratio of 0.24. The firm has a market capitalization of $7.12 billion, a P/E ratio of 23.35 and a beta of 1.22. The business has a fifty day simple moving average of $36.02 and a 200 day simple moving average of $41.37. HF Sinclair Co. has a 12 month low of $33.47 and a 12 month high of $64.16.

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.