Could The HF Sinclair Corporation (NYSE:DINO) Ownership Structure Tell Us Something Useful?
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If you want to know who really controls HF Sinclair Corporation (NYSE:DINO), then you'll have to look at the makeup of its share registry. Insiders often own a large chunk of younger, smaller, companies while huge companies tend to have institutions as shareholders. Companies that used to be publicly owned tend to have lower insider ownership.
With a market capitalization of US$8.5b, HF Sinclair is rather large. We'd expect to see institutional investors on the register. Companies of this size are usually well known to retail investors, too. Taking a look at our data on the ownership groups (below), it seems that institutional investors have bought into the company. Let's take a closer look to see what the different types of shareholders can tell us about HF Sinclair.
See our latest analysis for HF Sinclair
What Does The Institutional Ownership Tell Us About HF Sinclair?
Institutional investors commonly compare their own returns to the returns of a commonly followed index. So they generally do consider buying larger companies that are included in the relevant benchmark index.
HF Sinclair already has institutions on the share registry. Indeed, they own a respectable stake in the company. This suggests some credibility amongst professional investors. But we can't rely on that fact alone since institutions make bad investments sometimes, just like everyone does. It is not uncommon to see a big share price drop if two large institutional investors try to sell out of a stock at the same time. So it is worth checking the past earnings trajectory of HF Sinclair, (below). Of course, keep in mind that there are other factors to consider, too.
Hedge funds don't have many shares in HF Sinclair. Our data shows that The Sinclair Companies is the largest shareholder with 27% of shares outstanding. The Vanguard Group, Inc. is the second largest shareholder owning 4.3% of common stock, and BlackRock, Inc. holds about 3.5% of the company stock.
On studying our ownership data, we found that 25 of the top shareholders collectively own less than 50% of the share register, implying that no single individual has a majority interest.
While it makes sense to study institutional ownership data for a company, it also makes sense to study analyst sentiments to know which way the wind is blowing. Quite a few analysts cover the stock, so you could look into forecast growth quite easily.
Insider Ownership Of HF Sinclair
The definition of company insiders can be subjective and does vary between jurisdictions. Our data reflects individual insiders, capturing board members at the very least. The company management answer to the board and the latter should represent the interests of shareholders. Notably, sometimes top-level managers are on the board themselves.