Delek US Holdings, Inc. (NYSE:DK) was upgraded by equities researchers at Wells Fargo & Company from a “market perform” rating to an “outperform” rating in a report issued on Tuesday, The Fly reports.

Other equities analysts have also issued reports about the stock. Raymond James Financial, Inc. raised shares of Delek US Holdings from an “outperform” rating to a “strong-buy” rating and increased their price objective for the company from $32.00 to $35.00 in a research report on Monday. Scotiabank reiterated a “hold” rating and issued a $26.00 price target on shares of Delek US Holdings in a report on Friday, September 8th. Zacks Investment Research downgraded shares of Delek US Holdings from a “buy” rating to a “hold” rating in a report on Monday, July 24th. Macquarie upgraded shares of Delek US Holdings from a “neutral” rating to an “outperform” rating in a report on Monday, October 23rd. Finally, Cowen and Company reiterated a “buy” rating and issued a $30.00 price target on shares of Delek US Holdings in a report on Thursday, August 17th. Ten investment analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $30.00.

Delek US Holdings (NYSE DK) opened at $27.23 on Tuesday. The company has a quick ratio of 1.06, a current ratio of 1.49 and a debt-to-equity ratio of 0.63. The company has a market cap of $2,235.05, a PE ratio of 211.08, a PEG ratio of 5.08 and a beta of 1.92. Delek US Holdings has a 1-year low of $17.31 and a 1-year high of $29.16.

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In related news, insider Daniel L. Gordon sold 1,000 shares of Delek US Holdings stock in a transaction on Tuesday, September 12th. The stock was sold at an average price of $26.16, for a total value of $26,160.00. Following the transaction, the insider now directly owns 18,572 shares in the company, valued at approximately $485,843.52. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Anthony L. Miller sold 1,509 shares of Delek US Holdings stock in a transaction on Wednesday, September 13th. The stock was sold at an average price of $26.28, for a total value of $39,656.52. Following the completion of the transaction, the insider now owns 11,370 shares in the company, valued at $298,803.60. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 37,527 shares of company stock worth $1,034,580. 1.61% of the stock is owned by insiders.

Several hedge funds have recently modified their holdings of the company. Paradigm Capital Management Inc. NY grew its holdings in shares of Delek US Holdings by 0.4% during the third quarter. Paradigm Capital Management Inc. NY now owns 40,450 shares of the oil and gas company’s stock valued at $700,000 after buying an additional 150 shares in the last quarter. First Midwest Bank Trust Division grew its holdings in shares of Delek US Holdings by 1.8% during the second quarter. First Midwest Bank Trust Division now owns 13,732 shares of the oil and gas company’s stock valued at $365,000 after buying an additional 237 shares in the last quarter. Foresters Investment Management Company Inc. grew its holdings in shares of Delek US Holdings by 0.8% during the first quarter. Foresters Investment Management Company Inc. now owns 59,500 shares of the oil and gas company’s stock valued at $1,444,000 after buying an additional 500 shares in the last quarter. Virginia Retirement Systems ET AL grew its holdings in shares of Delek US Holdings by 6.3% during the first quarter. Virginia Retirement Systems ET AL now owns 9,145 shares of the oil and gas company’s stock valued at $222,000 after buying an additional 545 shares in the last quarter. Finally, Swiss National Bank grew its holdings in shares of Delek US Holdings by 1.4% during the fourth quarter. Swiss National Bank now owns 71,100 shares of the oil and gas company’s stock valued at $1,749,000 after buying an additional 1,000 shares in the last quarter. Institutional investors and hedge funds 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.

The Fly

Analyst Recommendations for Delek US Holdings (NYSE:DK)

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