Ferguson Wellman Capital Management Inc. Lowers Stake in HF Sinclair Co. (NYSE:DINO)

Ferguson Wellman Capital Management Inc. lowered its stake in shares of HF Sinclair Co. (NYSE:DINO) by 91.3% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 29,988 shares of the company’s stock after selling 316,236 shares during the period. Ferguson Wellman Capital Management Inc.’s holdings in HF Sinclair were worth $1,051,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in DINO. V Square Quantitative Management LLC boosted its position in HF Sinclair by 11.1% in the 3rd quarter. V Square Quantitative Management LLC now owns 2,262 shares of the company’s stock valued at $101,000 after buying an additional 226 shares during the period. Wealth Enhancement Advisory Services LLC boosted its position 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 valued at $669,000 after buying an additional 367 shares during the period. Deroy & Devereaux Private Investment Counsel Inc. boosted its position in HF Sinclair by 0.6% in 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 during the period. Signaturefd LLC boosted its position in HF Sinclair by 10.1% in the 3rd quarter. Signaturefd LLC now owns 4,275 shares of the company’s stock valued at $191,000 after buying an additional 392 shares during the period. Finally, MassMutual Private Wealth & Trust FSB boosted its position in HF Sinclair by 68.0% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 1,378 shares of the company’s stock valued at $48,000 after buying an additional 558 shares during the period. Hedge funds and other institutional investors own 88.29% of the company’s stock.

HF Sinclair Price Performance

Shares of NYSE:DINO opened at $37.64 on Tuesday. The company’s fifty day moving average price is $36.35 and its 200 day moving average price is $42.01. HF Sinclair Co. has a 12 month low of $33.47 and a 12 month high of $64.16. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.81 and a quick ratio of 0.90. The firm has a market capitalization of $7.08 billion, a P/E ratio of 23.23 and a beta of 1.22.

Analyst Ratings Changes

Several equities analysts have commented on the stock. Barclays decreased their price target on shares of HF Sinclair from $42.00 to $37.00 and set an “equal weight” rating for the company in a research report on Monday, January 13th. Wells Fargo & Company cut shares of HF Sinclair from an “overweight” rating to an “equal weight” rating and decreased their price objective for the stock from $53.00 to $45.00 in a research report on Monday, December 9th. UBS Group decreased 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. TD Cowen decreased their price objective on shares of HF Sinclair from $43.00 to $35.00 and set a “hold” rating for the company in a research report on Wednesday, December 18th. Finally, Mizuho decreased their price objective on shares of HF Sinclair from $50.00 to $45.00 and set a “neutral” rating for the company in a research report on Monday, December 16th. Seven analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $51.00.

Insider Buying and Selling

In other HF Sinclair news, CFO Atanas H. Atanasov acquired 5,000 shares of the company’s stock in a transaction on Thursday, December 19th. The shares were bought at an average cost of $33.77 per share, for a total transaction of $168,850.00. Following the completion of the purchase, the chief financial officer now owns 78,927 shares in the company, 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 SEC, which is accessible through this hyperlink. 0.28% of the stock is owned by company insiders.

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.