Delek US Holdings, Inc. (NYSE:DK) has been assigned a consensus rating of “Hold” from the twenty-one analysts that are covering the firm, Marketbeat reports. One analyst has rated the stock with a sell recommendation, fifteen have assigned a hold recommendation and four have issued a buy recommendation on the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is $23.14.

A number of equities analysts have recently issued reports on DK shares. Goldman Sachs Group, Inc. (The) upgraded shares of Delek US Holdings from a “neutral” rating to a “buy” rating and increased their price objective for the company from $26.00 to $30.00 in a research note on Tuesday, May 16th. Citigroup Inc. restated a “buy” rating and issued a $29.00 price objective (down previously from $32.00) on shares of Delek US Holdings in a research note on Saturday, April 22nd. Royal Bank Of Canada restated a “buy” rating and issued a $32.00 price objective on shares of Delek US Holdings in a research note on Thursday, April 20th. BidaskClub cut shares of Delek US Holdings from a “strong-buy” rating to a “buy” rating in a research note on Monday, June 26th. Finally, Zacks Investment Research upgraded shares of Delek US Holdings from a “hold” rating to a “buy” rating and set a $30.00 price objective for the company in a research note on Friday.

Shares of Delek US Holdings (NYSE:DK) traded down 0.45% on Friday, reaching $26.70. 1,271,413 shares of the company’s stock traded hands. The firm’s market capitalization is $1.66 billion. Delek US Holdings has a 52 week low of $11.66 and a 52 week high of $27.82. The company’s 50-day moving average is $26.06 and its 200-day moving average is $24.41.

Delek US Holdings (NYSE:DK) last announced its quarterly earnings data on Monday, May 8th. The oil and gas company reported $0.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.33) by $0.49. Delek US Holdings had a negative net margin of 2.37% and a negative return on equity of 2.83%. The company had revenue of $1.18 billion during the quarter, compared to analysts’ expectations of $897.24 million. During the same quarter in the prior year, the company posted ($0.86) EPS. The business’s revenue was up 33.4% on a year-over-year basis. Equities research analysts anticipate that Delek US Holdings will post $0.07 earnings per share for the current fiscal year.

In other Delek US Holdings news, insider Jared Serff sold 1,136 shares of the stock in a transaction dated Friday, June 30th. The shares were sold at an average price of $26.80, for a total transaction of $30,444.80. Following the sale, the insider now owns 13,683 shares of the company’s stock, valued at approximately $366,704.40. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Charles H. Leonard sold 1,700 shares of the stock in a transaction dated Tuesday, May 30th. The stock was sold at an average price of $25.48, for a total transaction of $43,316.00. Following the sale, the director now directly owns 20,787 shares in the company, valued at approximately $529,652.76. The disclosure for this sale can be found here. In the last ninety days, insiders sold 238,345 shares of company stock worth $6,072,096. 1.42% of the stock is owned by insiders.

A number of large investors have recently modified their holdings of the company. Vanguard Group Inc. raised its stake in shares of Delek US Holdings by 14.5% in the first quarter. Vanguard Group Inc. now owns 5,205,114 shares of the oil and gas company’s stock worth $126,327,000 after buying an additional 657,261 shares in the last quarter. BlackRock Inc. raised its stake in shares of Delek US Holdings by 19,567.7% in the first quarter. BlackRock Inc. now owns 3,861,746 shares of the oil and gas company’s stock worth $93,726,000 after buying an additional 3,842,111 shares in the last quarter. FMR LLC raised its stake in shares of Delek US Holdings by 169.5% in the first quarter. FMR LLC now owns 3,401,981 shares of the oil and gas company’s stock worth $82,566,000 after buying an additional 2,139,800 shares in the last quarter. Victory Capital Management Inc. raised its stake in shares of Delek US Holdings by 2.5% in the first quarter. Victory Capital Management Inc. now owns 2,641,184 shares of the oil and gas company’s stock worth $64,102,000 after buying an additional 64,505 shares in the last quarter. Finally, Point72 Asset Management L.P. raised its stake in shares of Delek US Holdings by 8.0% in the first quarter. Point72 Asset Management L.P. now owns 2,279,900 shares of the oil and gas company’s stock worth $55,333,000 after buying an additional 168,300 shares in the last quarter. 96.79% of the stock is currently owned by hedge funds and other institutional investors.

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About Delek US Holdings

Delek US Holdings, Inc is an integrated downstream energy business focused on petroleum refining and the transportation, storage and wholesale of crude oil, intermediate and refined products. The Company operates through two segments: Refining and Logistics. The Company’s refining segment operates independent refineries in Tyler, Texas (the Tyler refinery) and El Dorado, Arkansas (the El Dorado refinery).

Analyst Recommendations for Delek US Holdings (NYSE:DK)

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