HF Sinclair Co. (NYSE:DINO) Stock Position Lifted by Paragon Capital Management Inc.

Paragon Capital Management Inc. lifted its position in HF Sinclair Co. (NYSE:DINO) by 24.9% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 44,084 shares of the company’s stock after purchasing an additional 8,800 shares during the period. Paragon Capital Management Inc.’s holdings in HF Sinclair were worth $1,545,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Pacer Advisors Inc. raised its position in shares of HF Sinclair by 8.1% in the 3rd quarter. Pacer Advisors Inc. now owns 8,411,694 shares of the company’s stock valued at $374,909,000 after acquiring an additional 626,755 shares during the period. AustralianSuper Pty Ltd lifted its holdings in shares of HF Sinclair by 11.7% during the third quarter. AustralianSuper Pty Ltd now owns 1,678,196 shares of the company’s stock worth $74,797,000 after buying an additional 175,925 shares in the last quarter. Charles Schwab Investment Management Inc. grew its position in HF Sinclair by 3.5% in the third quarter. Charles Schwab Investment Management Inc. now owns 4,894,833 shares of the company’s stock valued at $218,163,000 after acquiring an additional 165,313 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in shares of HF Sinclair by 21.6% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 861,710 shares of the company’s stock worth $38,406,000 after purchasing an additional 153,148 shares during the last quarter. Finally, FMR LLC grew its holdings in shares of HF Sinclair by 13.8% during the third quarter. FMR LLC now owns 1,167,209 shares of the company’s stock worth $52,023,000 after purchasing an additional 141,472 shares during the last quarter. 88.29% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on DINO shares. UBS Group dropped their price target on HF Sinclair from $58.00 to $55.00 and set a “buy” rating on the stock in a research note on Monday, November 4th. TD Cowen dropped their price target on HF Sinclair from $43.00 to $35.00 and set a “hold” rating for the company in a research report on Wednesday, December 18th. Wells Fargo & Company cut HF Sinclair from an “overweight” rating to an “equal weight” rating and decreased their price target for the stock from $53.00 to $45.00 in a research note on Monday, December 9th. Scotiabank dropped their price target on 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, Mizuho dropped their target price on HF Sinclair from $50.00 to $45.00 and set a “neutral” rating on the stock in a report on Monday, December 16th. Seven analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of $51.00.

HF Sinclair Stock Performance

Shares of DINO opened at $37.96 on Wednesday. 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 stock has a fifty day moving average price of $36.67 and a 200-day moving average price of $42.32. HF Sinclair Co. has a 12 month low of $33.47 and a 12 month high of $64.16. The firm has a market cap of $7.14 billion, a PE ratio of 23.43 and a beta of 1.22.

Insiders Place Their Bets

In other HF Sinclair news, CFO Atanas H. Atanasov bought 5,000 shares of the firm’s stock in a transaction on Thursday, December 19th. The shares were acquired at an average cost of $33.77 per share, with a total value of $168,850.00. Following the purchase, 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 acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. 0.28% of the stock is owned by 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.