Delek US (NYSE:DK) Director Sells $140,806.00 in Stock

Delek US Holdings, Inc. (NYSE:DK) Director Vicky Sutil sold 3,061 shares of the business’s stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $46.00, for a total value of $140,806.00. Following the transaction, the director directly owned 31,239 shares in the company, valued at approximately $1,436,994. This represents a 8.92% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.

Vicky Sutil also recently made the following trade(s):

• On Friday, May 29th, Vicky Sutil sold 1,848 shares of Delek US stock. The shares were sold at an average price of $45.00, for a total value of $83,160.00.
• On Thursday, May 28th, Vicky Sutil sold 1,849 shares of Delek US stock. The shares were sold at an average price of $44.03, for a total value of $81,411.47.

Delek US Stock Performance

NYSE DK opened at $47.74 on Friday. The company has a market cap of $2.93 billion, a P/E ratio of -52.47, a P/E/G ratio of 0.32 and a beta of 0.60. The company has a debt-to-equity ratio of 10.51, a quick ratio of 0.49 and a current ratio of 0.76. The business’s 50 day moving average price is $43.77 and its 200-day moving average price is $37.91. Delek US Holdings, Inc. has a fifty-two week low of $18.12 and a fifty-two week high of $49.50.

Delek US (NYSE:DK) last released its earnings results on Wednesday, April 29th. The oil and gas company reported $0.08 earnings per share for the quarter, beating the consensus estimate of ($1.42) by $1.50. The firm had revenue of $2.65 billion for the quarter, compared to the consensus estimate of $2.33 billion. Delek US had a positive return on equity of 22.90% and a negative net margin of 0.48%.The company’s revenue for the quarter was up .4% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($2.32) EPS. Sell-side analysts predict that Delek US Holdings, Inc. will post 4.96 earnings per share for the current year.

Delek US Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, May 8th. Stockholders of record on Friday, May 1st were given a dividend of $0.255 per share. The ex-dividend date of this dividend was Friday, May 1st. This represents a $1.02 annualized dividend and a dividend yield of 2.1%. Delek US’s payout ratio is currently -112.09%.

Institutional Investors Weigh In On Delek US

Several hedge funds have recently made changes to their positions in DK. Royal Bank of Canada lifted its holdings in shares of Delek US by 18.4% in the 1st quarter. Royal Bank of Canada now owns 278,774 shares of the oil and gas company’s stock worth $4,201,000 after buying an additional 43,379 shares during the period. AQR Capital Management LLC purchased a new stake in shares of Delek US in the 1st quarter worth $390,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Delek US by 3.1% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 37,190 shares of the oil and gas company’s stock worth $560,000 after buying an additional 1,102 shares during the period. Jones Financial Companies Lllp lifted its holdings in shares of Delek US by 3,979.8% in the 1st quarter. Jones Financial Companies Lllp now owns 20,399 shares of the oil and gas company’s stock worth $307,000 after buying an additional 19,899 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in shares of Delek US by 7.2% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 146,871 shares of the oil and gas company’s stock worth $2,213,000 after buying an additional 9,827 shares during the period. 97.01% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the company. Scotiabank upgraded Delek US to a “hold” rating in a report on Friday, March 27th. UBS Group boosted their price objective on Delek US from $42.00 to $48.00 and gave the company a “neutral” rating in a report on Friday, April 10th. TD Cowen dropped their price objective on Delek US from $60.00 to $44.00 and set a “hold” rating for the company in a report on Monday, April 27th. Wells Fargo & Company boosted their price objective on Delek US from $54.00 to $59.00 and gave the company an “overweight” rating in a report on Tuesday, March 31st. Finally, The Goldman Sachs Group upgraded Delek US from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $43.00 to $55.00 in a report on Friday, April 10th. Five analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, Delek US has a consensus rating of “Hold” and an average target price of $44.69.

Delek US Company Profile

Delek US Holdings, Inc (NYSE: DK) is an independent downstream energy company engaged in the refining, logistics, and marketing of petroleum products. Headquartered in Brentwood, Tennessee, the company operates a network of inland refineries, storage terminals and pipelines, and convenience store locations. Delek US focuses on converting crude oil into a variety of finished products, including gasoline, diesel, jet fuel, asphalt and renewable fuels, serving wholesale and retail customers across the United States.

In its refining segment, Delek US owns and operates four inland refineries located in Texas and Arkansas.