Delek Logistics Partners, L.P. (NYSE:DKL) CEO Ezra Uzi Yemin purchased 3,500 shares of the stock in a transaction dated Tuesday, September 12th. The shares were acquired at an average price of $29.00 per share, with a total value of $101,500.00. The purchase was disclosed in a filing with the SEC, which is accessible through this link.

Shares of Delek Logistics Partners, L.P. (NYSE DKL) traded up 0.17% during midday trading on Thursday, hitting $30.20. 17,332 shares of the stock traded hands. The company has a market capitalization of $735.70 million, a price-to-earnings ratio of 15.92 and a beta of 1.31. Delek Logistics Partners, L.P. has a 52 week low of $21.30 and a 52 week high of $36.05. The firm’s 50-day moving average is $31.09 and its 200 day moving average is $31.44.

Delek Logistics Partners, L.P. (NYSE:DKL) last issued its quarterly earnings data on Wednesday, August 2nd. The oil and gas producer reported $0.59 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.68 by ($0.09). The business had revenue of $126.80 million during the quarter, compared to the consensus estimate of $140.00 million. Delek Logistics Partners, L.P. had a net margin of 12.70% and a negative return on equity of 368.38%. The firm’s quarterly revenue was up 13.3% compared to the same quarter last year. During the same quarter last year, the business earned $0.66 EPS. Equities analysts forecast that Delek Logistics Partners, L.P. will post $2.30 earnings per share for the current year.

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Several brokerages have recently commented on DKL. ValuEngine cut shares of Delek Logistics Partners, L.P. from a “buy” rating to a “hold” rating in a research report on Wednesday, September 6th. Zacks Investment Research upgraded shares of Delek Logistics Partners, L.P. from a “sell” rating to a “hold” rating in a research report on Monday, August 7th. BidaskClub cut shares of Delek Logistics Partners, L.P. from a “hold” rating to a “sell” rating in a research report on Friday, August 11th. Barclays PLC reiterated an “equal weight” rating and set a $34.00 price target (down previously from $35.00) on shares of Delek Logistics Partners, L.P. in a research report on Friday, August 4th. Finally, Scotiabank set a $33.00 price target on shares of Delek Logistics Partners, L.P. and gave the stock a “hold” rating in a research report on Saturday, July 22nd. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $34.00.

A number of hedge funds and other institutional investors have recently modified their holdings of DKL. Bank of Montreal Can bought a new position in Delek Logistics Partners, L.P. in the 2nd quarter valued at approximately $131,000. Sei Investments Co. bought a new position in Delek Logistics Partners, L.P. in the 2nd quarter valued at approximately $223,000. Parkside Financial Bank & Trust raised its holdings in Delek Logistics Partners, L.P. by 0.5% in the 2nd quarter. Parkside Financial Bank & Trust now owns 9,430 shares of the oil and gas producer’s stock valued at $309,000 after buying an additional 45 shares during the last quarter. Jane Street Group LLC bought a new position in Delek Logistics Partners, L.P. in the 1st quarter valued at approximately $313,000. Finally, California Public Employees Retirement System raised its holdings in Delek Logistics Partners, L.P. by 18.2% in the 2nd quarter. California Public Employees Retirement System now owns 11,700 shares of the oil and gas producer’s stock valued at $383,000 after buying an additional 1,800 shares during the last quarter. Institutional investors and hedge funds own 28.80% of the company’s stock.

Delek Logistics Partners, L.P. Company Profile

Delek Logistics Partners, LP owns and operates logistics and marketing assets for crude oil, and intermediate and refined products. The Company’s business primarily consists of certain crude oil, intermediate and refined products pipelines and transportation, storage, wholesale marketing, terminaling and offloading assets, which were previously owned, operated or held by Delek US Holdings, Inc (Delek), and assets acquired from unrelated third parties.

Insider Buying and Selling by Quarter for Delek Logistics Partners, L.P. (NYSE:DKL)

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