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Delek US Holdings (NYSE:DK) was upgraded by Zacks from an “underperform” rating to a “neutral” rating in a research report issued on Tuesday. The firm currently has a $35.90 price target on the stock. Zacks‘s target price suggests a potential upside of 2.60% from the stock’s previous close.

In other Delek US Holdings news, EVP Kent B. Thomas unloaded 3,815 shares of the company’s stock on the open market in a transaction dated Monday, August 11th. The shares were sold at an average price of $34.00, for a total transaction of $129,710.00. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

Delek US Holdings (NYSE:DK) traded up 0.17% on Tuesday, hitting $35.05. 567,739 shares of the company’s stock traded hands. Delek US Holdings has a one year low of $19.83 and a one year high of $35.11. The stock’s 50-day moving average is $29.7 and its 200-day moving average is $30.08. The company has a market cap of $2.119 billion and a P/E ratio of 25.48.

Delek US Holdings (NYSE:DK) last issued its quarterly earnings data on Wednesday, August 6th. The company reported $1.16 earnings per share for the quarter, beating the analysts’ consensus estimate of $1.01 by $0.15. The company had revenue of $2.37 billion for the quarter, compared to the consensus estimate of $2.09 billion. During the same quarter last year, the company posted $0.78 earnings per share. Delek US Holdings’s revenue was up 8.6% compared to the same quarter last year. On average, analysts predict that Delek US Holdings will post $2.92 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which is scheduled for Tuesday, September 16th. Shareholders of record on Tuesday, August 26th will be paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 1.71%. The ex-dividend date is Friday, August 22nd.

DK has been the subject of a number of other recent research reports. Analysts at Cowen and Company upgraded shares of Delek US Holdings from a “market perform” rating to an “outperform” rating in a research note on Friday, August 8th. They now have a $43.00 price target on the stock, up previously from $32.00. Separately, analysts at Simmons upgraded shares of Delek US Holdings from a “neutral” rating to an “overweight” rating in a research note on Thursday, August 7th. Finally, analysts at Wolfe Research upgraded shares of Delek US Holdings from a “market perform” rating to an “outperform” rating in a research note on Monday, July 28th. Four research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the stock. Delek US Holdings presently has a consensus rating of “Buy” and an average target price of $37.59.

Delek US Holdings, Inc (NYSE:DK) is an integrated energy business focused on petroleum refining, the wholesale distribution of refined products and convenience store retailing.

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