Delek US Holdings, Inc. (NYSE:DK)‘s stock had its “positive” rating reiterated by equities researchers at Wells Fargo & Company in a research report issued to clients and investors on Thursday.

DK has been the topic of several other reports. Macquarie upgraded shares of Delek US Holdings from a “neutral” rating to an “outperform” rating in a report on Monday, October 23rd. Raymond James Financial, Inc. upgraded shares of Delek US Holdings from an “outperform” rating to a “strong-buy” rating and increased their target price for the stock from $32.00 to $35.00 in a report on Monday, November 13th. Cowen Inc reiterated a “buy” rating and set a $33.00 target price on shares of Delek US Holdings in a report on Friday, November 10th. Scotiabank set a $26.00 price target on shares of Delek US Holdings and gave the company a “hold” rating in a report on Thursday, August 3rd. Finally, Zacks Investment Research upgraded shares of Delek US Holdings from a “hold” rating to a “buy” rating and set a $31.00 price target on the stock in a report on Friday, November 10th. Eight equities research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company. The stock has a consensus rating of “Buy” and an average price target of $30.83.

Delek US Holdings (DK) opened at $31.43 on Thursday. The company has a current ratio of 1.49, a quick ratio of 1.06 and a debt-to-equity ratio of 0.63. Delek US Holdings has a 1-year low of $19.09 and a 1-year high of $32.17. The stock has a market cap of $2,606.47, a PE ratio of 246.15, a price-to-earnings-growth ratio of 5.00 and a beta of 1.92.

In related news, COO Frederec Green sold 10,000 shares of the stock in a transaction that occurred on Thursday, November 2nd. The shares were sold at an average price of $28.00, for a total value of $280,000.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Assi Ginzburg sold 20,000 shares of the stock in a transaction that occurred on Thursday, November 2nd. The shares were sold at an average price of $28.00, for a total transaction of $560,000.00. The disclosure for this sale can be found here. Insiders sold a total of 47,527 shares of company stock worth $1,354,580 over the last 90 days. Company insiders own 1.61% of the company’s stock.

Several institutional investors have recently made changes to their positions in DK. BlackRock Inc. raised its position in shares of Delek US Holdings by 19,567.7% in 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 purchasing an additional 3,842,111 shares during the last quarter. Point72 Asset Management L.P. raised its position in shares of Delek US Holdings by 315.5% in the 3rd quarter. Point72 Asset Management L.P. now owns 2,790,717 shares of the oil and gas company’s stock valued at $74,596,000 after purchasing an additional 2,119,017 shares during the last quarter. Dimensional Fund Advisors LP raised its position in shares of Delek US Holdings by 35.1% in the 3rd quarter. Dimensional Fund Advisors LP now owns 7,058,494 shares of the oil and gas company’s stock valued at $188,672,000 after purchasing an additional 1,833,630 shares during the last quarter. Vanguard Group Inc. raised its position in shares of Delek US Holdings by 33.7% in the 2nd quarter. Vanguard Group Inc. now owns 6,958,487 shares of the oil and gas company’s stock valued at $183,982,000 after purchasing an additional 1,753,373 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its position in shares of Delek US Holdings by 67.0% in the 2nd quarter. JPMorgan Chase & Co. now owns 2,415,921 shares of the oil and gas company’s stock valued at $63,877,000 after purchasing an additional 969,671 shares during the last quarter. 77.02% of the stock is owned by hedge funds and other institutional investors.

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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.

Analyst Recommendations for Delek US Holdings (NYSE:DK)

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