Fruth Investment Management Sells 1,000 Shares of HF Sinclair Co. (NYSE:DINO)

Fruth Investment Management trimmed its holdings in shares of HF Sinclair Co. (NYSE:DINO) by 11.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 7,800 shares of the company’s stock after selling 1,000 shares during the quarter. Fruth Investment Management’s holdings in HF Sinclair were worth $273,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the business. Cubist Systematic Strategies LLC purchased a new stake in shares of HF Sinclair during the 2nd quarter valued at $2,921,000. CWM LLC increased its stake in HF Sinclair by 43.5% in the third quarter. CWM LLC now owns 14,625 shares of the company’s stock valued at $652,000 after acquiring an additional 4,434 shares during the last quarter. Matrix Trust Co raised its position in HF Sinclair by 122.4% during the third quarter. Matrix Trust Co now owns 576 shares of the company’s stock valued at $26,000 after purchasing an additional 317 shares in the last quarter. Juncture Wealth Strategies LLC boosted its holdings in shares of HF Sinclair by 116.6% in the 3rd quarter. Juncture Wealth Strategies LLC now owns 8,939 shares of the company’s stock worth $398,000 after purchasing an additional 4,812 shares in the last quarter. Finally, Viking Fund Management LLC bought a new position in shares of HF Sinclair during the 3rd quarter valued at about $1,337,000. 88.29% of the stock is currently owned by institutional investors.

HF Sinclair Price Performance

Shares of NYSE DINO opened at $38.03 on Thursday. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.81 and a quick ratio of 0.90. HF Sinclair Co. has a 1 year low of $33.47 and a 1 year high of $64.16. The company’s 50-day moving average is $36.53 and its 200 day moving average is $42.22. The stock has a market capitalization of $7.15 billion, a P/E ratio of 23.47 and a beta of 1.22.

Insider Activity at HF Sinclair

In other HF Sinclair news, CFO Atanas H. Atanasov bought 5,000 shares of the stock in a transaction dated Thursday, December 19th. The stock was purchased at an average cost of $33.77 per share, for a total transaction of $168,850.00. Following the completion of the acquisition, the chief financial officer now owns 78,927 shares of the company’s stock, valued at approximately $2,665,364.79. This trade represents a 6.76 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 0.28% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several analysts have issued reports on DINO shares. Mizuho cut their target price on HF Sinclair from $50.00 to $45.00 and set a “neutral” rating for the company in a research note on Monday, December 16th. Barclays reduced their target price on shares of HF Sinclair from $42.00 to $37.00 and set an “equal weight” rating on the stock in a report on Monday, January 13th. Wells Fargo & Company lowered shares of HF Sinclair from an “overweight” rating to an “equal weight” rating and cut their price target for the company from $53.00 to $45.00 in a research report on Monday, December 9th. Scotiabank cut 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 report on Thursday, October 10th. Finally, TD Cowen cut their price target on shares of HF Sinclair from $43.00 to $35.00 and set a “hold” rating on the stock in a report on Wednesday, December 18th. Seven research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat, HF Sinclair has a consensus rating of “Hold” and a consensus price target of $51.00.

About HF Sinclair

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.