Delek US Holdings, Inc. (NYSE:DK) has received a consensus rating of “Hold” from the twenty-two analysts that are presently covering the firm. Two investment analysts have rated the stock with a sell recommendation, fourteen have given a hold recommendation and five have given a buy recommendation to the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is $20.29.

Several analysts have weighed in on DK shares. Piper Jaffray Companies boosted their price target on shares of Delek US Holdings from $13.00 to $14.00 and gave the stock a “neutral” rating in a research note on Friday, September 16th. Wells Fargo & Company downgraded shares of Delek US Holdings from an “outperform” rating to a “market perform” rating and set a $18.00 price target for the company. in a research note on Wednesday, September 21st. Zacks Investment Research downgraded shares of Delek US Holdings from a “hold” rating to a “sell” rating in a research note on Wednesday, October 5th. Barclays PLC reissued an “equal weight” rating and issued a $19.00 price target (up from $16.00) on shares of Delek US Holdings in a research note on Monday, October 10th. Finally, Credit Suisse Group downgraded shares of Delek US Holdings from an “outperform” rating to a “neutral” rating and boosted their price target for the stock from $17.00 to $19.50 in a research note on Tuesday, October 11th.

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Shares of Delek US Holdings (NYSE:DK) opened at 23.14 on Wednesday. The company’s 50-day moving average price is $23.39 and its 200 day moving average price is $17.80. The company’s market cap is $1.43 billion. Delek US Holdings has a 52 week low of $11.41 and a 52 week high of $26.06.

Delek US Holdings (NYSE:DK) last posted its quarterly earnings results on Monday, October 31st. The company reported ($0.18) earnings per share for the quarter, missing the consensus estimate of ($0.09) by $0.09. The business earned $1.08 billion during the quarter, compared to the consensus estimate of $1.33 billion. Delek US Holdings had a negative return on equity of 5.78% and a negative net margin of 4.61%. The business’s revenue for the quarter was down 16.5% on a year-over-year basis. During the same period in the prior year, the firm earned $0.29 earnings per share. On average, equities analysts forecast that Delek US Holdings will post ($1.45) EPS for the current fiscal year.

Hedge funds and other institutional investors have recently modified their holdings of the company. Paradigm Capital Management Inc. NY increased its position in shares of Delek US Holdings by 0.4% in the third quarter. Paradigm Capital Management Inc. NY now owns 40,450 shares of the company’s stock valued at $700,000 after buying an additional 150 shares in the last quarter. Van ECK Associates Corp increased its position in shares of Delek US Holdings by 2.3% in the second quarter. Van ECK Associates Corp now owns 18,472 shares of the company’s stock valued at $244,000 after buying an additional 409 shares in the last quarter. American International Group Inc. increased its position in shares of Delek US Holdings by 1.6% in the second quarter. American International Group Inc. now owns 35,497 shares of the company’s stock valued at $469,000 after buying an additional 570 shares in the last quarter. Ameriprise Financial Inc. increased its position in shares of Delek US Holdings by 2.9% in the second quarter. Ameriprise Financial Inc. now owns 36,521 shares of the company’s stock valued at $482,000 after buying an additional 1,036 shares in the last quarter. Finally, California State Teachers Retirement System increased its position in shares of Delek US Holdings by 0.9% in the third quarter. California State Teachers Retirement System now owns 130,500 shares of the company’s stock valued at $2,256,000 after buying an additional 1,200 shares in the last quarter. Hedge funds and other institutional investors own 90.84% of the company’s stock.

Delek US Holdings Company Profile

Delek US Holdings, Inc is an integrated energy business focused on petroleum refining, the transportation, storage and wholesale of crude oil, intermediate and refined products and convenience store retailing. The Company operates through three segments: Refining, Logistics and Retail. Its Refining Segment operates independent refineries in Tyler, Texas, and El Dorado, Arkansas with a combined design crude distillation capacity of approximately 155,000 barrels per day (bpd).

5 Day Chart for NYSE:DK

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