BNP Paribas Arbitrage SA decreased its stake in Delek US Holdings, Inc. (NYSE:DK) by 12.7% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 9,102 shares of the oil and gas company’s stock after selling 1,320 shares during the period. BNP Paribas Arbitrage SA’s holdings in Delek US Holdings were worth $221,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. Janus Capital Management LLC bought a new stake in shares of Delek US Holdings during the fourth quarter valued at approximately $212,000. Ellington Management Group LLC bought a new stake in shares of Delek US Holdings during the fourth quarter valued at approximately $233,000. Two Sigma Investments LP bought a new stake in shares of Delek US Holdings during the fourth quarter valued at approximately $295,000. First Midwest Bank Trust Division increased its stake in shares of Delek US Holdings by 3.4% in the first quarter. First Midwest Bank Trust Division now owns 13,495 shares of the oil and gas company’s stock valued at $328,000 after buying an additional 450 shares during the last quarter. Finally, A.R.T. Advisors LLC bought a new stake in shares of Delek US Holdings during the fourth quarter valued at approximately $377,000. 96.77% of the stock is owned by institutional investors and hedge funds.

Institutional Ownership by Quarter for Delek US Holdings (NYSE:DK)

Delek US Holdings, Inc. (NYSE:DK) opened at 26.71 on Friday. The stock has a 50 day moving average of $25.22 and a 200 day moving average of $23.94. The firm’s market capitalization is $1.66 billion. Delek US Holdings, Inc. has a 12 month low of $11.41 and a 12 month high of $27.82.

Delek US Holdings (NYSE:DK) last issued its earnings results on Monday, May 8th. The oil and gas company reported $0.16 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.33) by $0.49. The firm had revenue of $1.18 billion during the quarter, compared to analyst estimates of $897.24 million. Delek US Holdings had a negative net margin of 2.37% and a negative return on equity of 2.83%. The company’s quarterly revenue was up 33.4% on a year-over-year basis. During the same quarter last year, the business earned ($0.86) earnings per share. On average, equities analysts predict that Delek US Holdings, Inc. will post $0.08 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 2nd. Stockholders of record on Tuesday, May 23rd were given a $0.15 dividend. The ex-dividend date was Friday, May 19th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.25%. Delek US Holdings’s dividend payout ratio (DPR) is currently -32.97%.

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Several analysts recently commented on the stock. TheStreet raised shares of Delek US Holdings from a “d” rating to a “c-” rating in a report on Monday, February 27th. ValuEngine raised shares of Delek US Holdings from a “sell” rating to a “hold” rating in a report on Friday, June 2nd. Scotiabank reaffirmed a “hold” rating and set a $26.00 target price on shares of Delek US Holdings in a report on Thursday, March 2nd. Royal Bank Of Canada reaffirmed a “buy” rating and set a $32.00 target price on shares of Delek US Holdings in a report on Thursday, April 20th. Finally, Goldman Sachs Group, Inc. (The) raised shares of Delek US Holdings from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $26.00 to $30.00 in a report on Tuesday, May 16th. One research analyst has rated the stock with a sell rating, fourteen have assigned a hold rating and three have assigned a buy rating to the company. Delek US Holdings currently has an average rating of “Hold” and a consensus target price of $21.15.

In other news, Director Charles H. Leonard sold 1,700 shares of the firm’s stock in a transaction that occurred on Tuesday, May 30th. The shares were sold at an average price of $25.48, for a total value of $43,316.00. Following the completion of the transaction, the director now directly owns 20,787 shares in the company, valued at $529,652.76. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Chairman Ezra Uzi Yemin sold 202,806 shares of the firm’s stock in a transaction that occurred on Friday, June 2nd. The shares were sold at an average price of $25.41, for a total transaction of $5,153,300.46. Following the completion of the transaction, the chairman now owns 344,890 shares of the company’s stock, valued at $8,763,654.90. The disclosure for this sale can be found here. Insiders sold 237,209 shares of company stock valued at $6,041,652 over the last 90 days. 1.42% of the stock is owned by company insiders.

About Delek US Holdings

Delek US Holdings, Inc is an integrated downstream energy business focused on petroleum refining and the transportation, storage and wholesale of crude oil, intermediate and refined products. The Company operates through two segments: Refining and Logistics. The Company’s refining segment operates independent refineries in Tyler, Texas (the Tyler refinery) and El Dorado, Arkansas (the El Dorado refinery).

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