Public Employees Retirement Association of Colorado boosted its position in Delek US Holdings, Inc. (NYSE:DK) by 56.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 18,630 shares of the oil and gas company’s stock after purchasing an additional 6,745 shares during the period. Public Employees Retirement Association of Colorado’s holdings in Delek US Holdings were worth $498,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in DK. Principal Financial Group Inc. lifted its position in Delek US Holdings by 14.8% in the first quarter. Principal Financial Group Inc. now owns 30,984 shares of the oil and gas company’s stock valued at $752,000 after purchasing an additional 4,006 shares during the period. Vanguard Group Inc. lifted its position in shares of Delek US Holdings by 14.5% during the 1st quarter. Vanguard Group Inc. now owns 5,205,114 shares of the oil and gas company’s stock valued at $126,327,000 after acquiring an additional 657,261 shares during the period. Geode Capital Management LLC lifted its position in shares of Delek US Holdings by 4.2% during the 1st quarter. Geode Capital Management LLC now owns 449,531 shares of the oil and gas company’s stock valued at $10,909,000 after acquiring an additional 18,258 shares during the period. BlackRock Inc. lifted its position in shares of Delek US Holdings by 19,567.7% during the 1st quarter. BlackRock Inc. now owns 3,861,746 shares of the oil and gas company’s stock valued at $93,726,000 after acquiring an additional 3,842,111 shares during the period. Finally, Schwab Charles Investment Management Inc. lifted its position in shares of Delek US Holdings by 5.6% during the 1st quarter. Schwab Charles Investment Management Inc. now owns 359,385 shares of the oil and gas company’s stock valued at $8,723,000 after acquiring an additional 19,026 shares during the period. Hedge funds and other institutional investors own 97.01% of the company’s stock.

A number of equities research analysts have recently issued reports on DK shares. Raymond James Financial, Inc. upgraded shares of Delek US Holdings from an “outperform” rating to a “strong-buy” rating and lifted their price target for the company from $32.00 to $35.00 in a research report on Monday. Scotiabank reiterated a “hold” rating and set a $26.00 price target on shares of Delek US Holdings in a research report on Friday, September 8th. Zacks Investment Research downgraded shares of Delek US Holdings from a “buy” rating to a “hold” rating in a research report on Monday, July 24th. Macquarie upgraded shares of Delek US Holdings from a “neutral” rating to an “outperform” rating in a research report on Monday, October 23rd. Finally, Cowen and Company reissued a “buy” rating and set a $30.00 price objective on shares of Delek US Holdings in a research note on Thursday, August 17th. Ten equities research analysts have rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of $30.00.

Shares of Delek US Holdings, Inc. (DK) opened at $27.23 on Tuesday. The company has a market cap of $2,235.05, a P/E ratio of 211.08, a price-to-earnings-growth ratio of 5.08 and a beta of 1.92. The company has a quick ratio of 1.06, a current ratio of 1.49 and a debt-to-equity ratio of 0.63. Delek US Holdings, Inc. has a 12 month low of $17.31 and a 12 month high of $29.16.

The company also recently announced a quarterly dividend, which will be paid on Friday, December 15th. Shareholders of record on Wednesday, November 22nd will be paid a $0.15 dividend. The ex-dividend date is Tuesday, November 21st. This represents a $0.60 annualized dividend and a yield of 2.20%. Delek US Holdings’s payout ratio is currently 37.97%.

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In other Delek US Holdings news, insider Donald Norman Holmes sold 1,018 shares of Delek US Holdings stock in a transaction that occurred on Friday, September 15th. The shares were sold at an average price of $25.19, for a total value of $25,643.42. Following the completion of the sale, the insider now directly owns 30,989 shares of the company’s stock, valued at approximately $780,612.91. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, COO Frederec Green sold 10,000 shares of the business’s stock in a transaction on Thursday, November 2nd. The shares were sold at an average price of $28.00, for a total transaction of $280,000.00. The disclosure for this sale can be found here. Insiders sold a total of 37,527 shares of company stock valued at $1,034,580 over the last ninety days. 1.61% of the stock is owned by corporate insiders.

About Delek US Holdings

Delek US Holdings, Inc is a diversified downstream energy company. The Company has a broad platform consisting of refining, logistics, retail and wholesale marketing, renewables and asphalt operations. It operates through five segments: refining, logistics, asphalt, renewable and retail. Its refining assets consist of refineries operated in Tyler and Big Spring, Texas, El Dorado, Arkansas and Krotz Springs, Louisiana with a combined nameplate crude throughput capacity of 302,000 barrels per day.

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

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