Delek US Holdings, Inc. (NYSE:DK) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a report issued on Monday.

According to Zacks, “DELEK US HOLDINGS, INC. is a diversified energy business focused on petroleum refining, marketing and supply of refined products, and retail marketing of fuel and general merchandise. “

DK has been the topic of several other reports. Macquarie upgraded shares of Delek US Holdings from a “neutral” rating to an “outperform” rating in a research report on Monday, October 23rd. BidaskClub cut shares of Delek US Holdings from a “strong-buy” rating to a “buy” rating in a research report on Sunday, July 16th. Wolfe Research upgraded shares of Delek US Holdings from a “market perform” rating to an “outperform” rating in a research report on Tuesday, July 25th. Scotiabank set a $26.00 price objective on shares of Delek US Holdings and gave the stock a “hold” rating in a research report on Thursday, August 3rd. Finally, Cowen and Company restated a “buy” rating and issued a $33.00 price objective on shares of Delek US Holdings in a research report on Friday. Ten investment analysts have rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $30.00.

Delek US Holdings (NYSE DK) traded down $0.29 during mid-day trading on Monday, hitting $27.44. 1,037,600 shares of the company traded hands, compared to its average volume of 1,008,841. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.06 and a current ratio of 1.49. The company has a market capitalization of $2,235.05, a PE ratio of 211.08, a price-to-earnings-growth ratio of 5.08 and a beta of 1.92. Delek US Holdings has a one year low of $16.88 and a one year high of $29.16.

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In other news, insider Anthony L. Miller sold 1,509 shares of the firm’s stock in a transaction on Wednesday, September 13th. The stock was sold at an average price of $26.28, for a total transaction of $39,656.52. Following the completion of the transaction, the insider now directly owns 11,370 shares in the company, valued at $298,803.60. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Charles H. Leonard sold 2,500 shares of the firm’s stock in a transaction on Tuesday, August 15th. The shares were sold at an average price of $22.10, for a total value of $55,250.00. Following the transaction, the director now owns 23,035 shares of the company’s stock, valued at $509,073.50. The disclosure for this sale can be found here. Insiders sold 40,027 shares of company stock worth $1,089,830 in the last 90 days. Company insiders own 1.61% of the company’s stock.

Several large investors have recently modified their holdings of the company. First Midwest Bank Trust Division increased its holdings in Delek US Holdings by 1.8% in the 2nd quarter. First Midwest Bank Trust Division now owns 13,732 shares of the oil and gas company’s stock worth $365,000 after buying an additional 237 shares in the last quarter. Tudor Investment Corp ET AL increased its holdings in Delek US Holdings by 15.6% in the 1st quarter. Tudor Investment Corp ET AL now owns 12,342 shares of the oil and gas company’s stock worth $300,000 after buying an additional 1,666 shares in the last quarter. Amalgamated Bank increased its holdings in Delek US Holdings by 24.0% in the 3rd quarter. Amalgamated Bank now owns 9,694 shares of the oil and gas company’s stock worth $259,000 after buying an additional 1,875 shares in the last quarter. GSA Capital Partners LLP increased its holdings in Delek US Holdings by 5.7% in the 2nd quarter. GSA Capital Partners LLP now owns 35,100 shares of the oil and gas company’s stock worth $928,000 after buying an additional 1,900 shares in the last quarter. Finally, Van ECK Associates Corp increased its holdings in Delek US Holdings by 15.9% in the 2nd quarter. Van ECK Associates Corp now owns 15,029 shares of the oil and gas company’s stock worth $397,000 after buying an additional 2,057 shares in the last quarter. Hedge funds and other institutional investors own 97.01% of the company’s stock.

About Delek US Holdings

Delek US Holdings, Inc is a diversified downstream energy company. The Company has a broad platform consisting of refining, logistics, retail and wholesale marketing, renewables and asphalt operations. It operates through five segments: refining, logistics, asphalt, renewable and retail. Its refining assets consist of refineries operated in Tyler and Big Spring, Texas, El Dorado, Arkansas and Krotz Springs, Louisiana with a combined nameplate crude throughput capacity of 302,000 barrels per day.

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Analyst Recommendations for Delek US Holdings (NYSE:DK)

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