Insider Selling: Delek US Holdings, Inc. (NYSE:DK) Director Sells 7,009 Shares of Stock

Delek US Holdings, Inc. (NYSE:DK) Director Delek Us Holdings, Inc. sold 7,009 shares of the business’s stock in a transaction on Wednesday, January 12th. The shares were sold at an average price of $42.82, for a total transaction of $300,125.38. The sale was disclosed in a document filed with the SEC, which is available through this link.

Delek Us Holdings, Inc. also recently made the following trade(s):

  • On Friday, January 14th, Delek Us Holdings, Inc. sold 6,862 shares of Delek US stock. The shares were sold at an average price of $41.79, for a total transaction of $286,762.98.
  • On Monday, January 10th, Delek Us Holdings, Inc. sold 7,009 shares of Delek US stock. The shares were sold at an average price of $42.01, for a total transaction of $294,448.09.
  • On Friday, January 7th, Delek Us Holdings, Inc. sold 7,009 shares of Delek US stock. The stock was sold at an average price of $42.49, for a total transaction of $297,812.41.
  • On Wednesday, January 5th, Delek Us Holdings, Inc. sold 7,009 shares of Delek US stock. The stock was sold at an average price of $42.72, for a total transaction of $299,424.48.
  • On Monday, January 3rd, Delek Us Holdings, Inc. sold 7,009 shares of Delek US stock. The stock was sold at an average price of $43.31, for a total transaction of $303,559.79.
  • On Monday, December 27th, Delek Us Holdings, Inc. sold 7,010 shares of Delek US stock. The stock was sold at an average price of $42.93, for a total transaction of $300,939.30.
  • On Wednesday, December 22nd, Delek Us Holdings, Inc. sold 7,010 shares of Delek US stock. The stock was sold at an average price of $43.82, for a total transaction of $307,178.20.
  • On Monday, December 20th, Delek Us Holdings, Inc. sold 7,010 shares of Delek US stock. The stock was sold at an average price of $43.05, for a total transaction of $301,780.50.

DK stock traded up $0.89 during mid-day trading on Friday, reaching $18.41. 702,638 shares of the stock traded hands, compared to its average volume of 1,071,124. The company has a quick ratio of 0.69, a current ratio of 1.08 and a debt-to-equity ratio of 2.21. The business has a 50-day moving average of $16.39 and a two-hundred day moving average of $17.41. Delek US Holdings, Inc. has a 52 week low of $13.48 and a 52 week high of $27.38. The firm has a market capitalization of $1.36 billion, a PE ratio of -2.83 and a beta of 2.00.

Delek US (NYSE:DK) last released its earnings results on Thursday, November 4th. The oil and gas company reported $0.13 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.34) by $0.47. Delek US had a negative net margin of 4.83% and a negative return on equity of 33.93%. The business had revenue of $2.96 billion during the quarter, compared to analysts’ expectations of $2.48 billion. During the same quarter last year, the company earned ($1.01) earnings per share. The firm’s revenue was up 43.3% on a year-over-year basis. On average, equities research analysts anticipate that Delek US Holdings, Inc. will post -3.24 EPS for the current fiscal year.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in DK. Advisor Group Holdings Inc. lifted its stake in shares of Delek US by 81.5% in the second quarter. Advisor Group Holdings Inc. now owns 1,617 shares of the oil and gas company’s stock valued at $34,000 after buying an additional 726 shares during the period. US Bancorp DE raised its position in Delek US by 67.4% in the second quarter. US Bancorp DE now owns 11,514 shares of the oil and gas company’s stock worth $249,000 after purchasing an additional 4,635 shares in the last quarter. Sei Investments Co. raised its position in Delek US by 17.8% in the second quarter. Sei Investments Co. now owns 14,996 shares of the oil and gas company’s stock worth $325,000 after purchasing an additional 2,270 shares in the last quarter. Rafferty Asset Management LLC acquired a new position in Delek US in the second quarter worth about $2,533,000. Finally, State Board of Administration of Florida Retirement System raised its position in Delek US by 8.8% in the second quarter. State Board of Administration of Florida Retirement System now owns 29,621 shares of the oil and gas company’s stock worth $640,000 after purchasing an additional 2,397 shares in the last quarter. Institutional investors and hedge funds own 91.99% of the company’s stock.

A number of research firms have recently weighed in on DK. Morgan Stanley lowered their target price on shares of Delek US from $23.00 to $19.00 and set an “underweight” rating on the stock in a research report on Wednesday. Wells Fargo & Company lowered their target price on shares of Delek US from $34.00 to $33.00 and set an “overweight” rating on the stock in a research report on Wednesday, October 13th. Raymond James lowered their target price on shares of Delek US from $27.00 to $25.00 and set an “outperform” rating on the stock in a research report on Tuesday, November 9th. Cowen lowered their target price on shares of Delek US from $20.00 to $19.00 and set a “market perform” rating on the stock in a research report on Tuesday, December 28th. Finally, Barclays increased their target price on shares of Delek US from $18.00 to $19.00 and gave the stock an “equal weight” rating in a research report on Friday, October 15th. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and five have assigned a buy rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price of $22.33.

About Delek US

Delek US Holdings, Inc engages in the transportation, storage, and wholesale distribution of crude oil. It operates through the following segments: Refining, Logistics, Retail, and Corporate and Other. The Refining segment processes crude oil and other purchased feedstocks for the manufacture of transportation motor fuels, including gasoline, diesel fuel and aviation fuel, asphalt, and other petroleum-based products.

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Insider Buying and Selling by Quarter for Delek US (NYSE:DK)

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