Meeder Asset Management Inc. increased its holdings in Delek US Holdings Inc (NYSE:DK) by 285.0% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 12,989 shares of the oil and gas company’s stock after purchasing an additional 9,615 shares during the period. Meeder Asset Management Inc.’s holdings in Delek US were worth $472,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of DK. Vanguard Group Inc. boosted its holdings in Delek US by 0.8% during the third quarter. Vanguard Group Inc. now owns 7,561,199 shares of the oil and gas company’s stock valued at $320,821,000 after acquiring an additional 60,214 shares during the period. Vanguard Group Inc boosted its holdings in Delek US by 0.8% during the third quarter. Vanguard Group Inc now owns 7,561,199 shares of the oil and gas company’s stock valued at $320,821,000 after acquiring an additional 60,214 shares during the period. Menora Mivtachim Holdings LTD. bought a new stake in Delek US during the fourth quarter valued at about $120,179,000. Principal Financial Group Inc. boosted its holdings in Delek US by 201.5% during the fourth quarter. Principal Financial Group Inc. now owns 1,620,258 shares of the oil and gas company’s stock valued at $52,674,000 after acquiring an additional 1,082,837 shares during the period. Finally, Macquarie Group Ltd. boosted its holdings in Delek US by 0.8% during the fourth quarter. Macquarie Group Ltd. now owns 1,450,536 shares of the oil and gas company’s stock valued at $47,157,000 after acquiring an additional 11,718 shares during the period.

A number of equities research analysts have issued reports on the stock. Mizuho restated a “buy” rating and set a $60.00 price target on shares of Delek US in a report on Thursday, February 21st. Goldman Sachs Group lowered shares of Delek US from a “buy” rating to a “neutral” rating and cut their price objective for the company from $44.00 to $42.00 in a research report on Tuesday, April 16th. Barclays reaffirmed a “buy” rating and set a $51.00 price objective on shares of Delek US in a research report on Thursday, February 21st. ValuEngine raised shares of Delek US from a “sell” rating to a “hold” rating in a research report on Monday, February 4th. Finally, Raymond James cut their price objective on shares of Delek US from $46.00 to $45.00 and set a “strong-buy” rating for the company in a research report on Wednesday, April 10th. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of $49.39.

NYSE DK opened at $37.31 on Monday. The company has a market cap of $2.89 billion, a PE ratio of 7.77, a PEG ratio of 0.99 and a beta of 1.33. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.45 and a quick ratio of 1.04. Delek US Holdings Inc has a 1-year low of $29.51 and a 1-year high of $61.57.

Delek US (NYSE:DK) last posted its quarterly earnings data on Tuesday, February 19th. The oil and gas company reported $1.59 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.27 by $0.32. The company had revenue of $2.41 billion during the quarter, compared to analyst estimates of $3.03 billion. Delek US had a net margin of 3.52% and a return on equity of 23.22%. Equities analysts predict that Delek US Holdings Inc will post 3.78 earnings per share for the current year.

In other news, CFO Assi Ginzburg sold 10,478 shares of the firm’s stock in a transaction that occurred on Friday, April 5th. The shares were sold at an average price of $38.95, for a total transaction of $408,118.10. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 1.20% of the company’s stock.

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Delek US Profile

Delek US Holdings, Inc engages in the integrated downstream energy business in the United States. The company's Refining segment processes crude oil and other purchased feedstocks for the manufacture of various grades of gasoline, diesel fuel, aviation fuel, asphalt, and other petroleum-based products that are distributed through owned and third-party product terminals.

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

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