Delek US Holdings, Inc. (NYSE:DK) Director David Wiessman sold 65,879 shares of the company’s stock in a transaction on Tuesday, December 5th. The stock was sold at an average price of $33.51, for a total transaction of $2,207,605.29. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

David Wiessman also recently made the following trade(s):

  • On Thursday, November 30th, David Wiessman sold 84,121 shares of Delek US stock. The stock was sold at an average price of $33.07, for a total transaction of $2,781,881.47.

Delek US Holdings, Inc. (NYSE:DK) traded up $0.38 during trading hours on Thursday, hitting $32.70. 840,154 shares of the stock were exchanged, compared to its average volume of 1,060,636. The stock has a market cap of $2,699.32, a P/E ratio of 254.92, a PEG ratio of 4.54 and a beta of 2.02. The company has a quick ratio of 1.06, a current ratio of 1.49 and a debt-to-equity ratio of 0.63. Delek US Holdings, Inc. has a 12-month low of $20.65 and a 12-month high of $33.74.

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 15th. Stockholders of record on Wednesday, November 22nd will be given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.83%. The ex-dividend date is Tuesday, November 21st. Delek US’s dividend payout ratio is presently 37.97%.

A number of hedge funds have recently made changes to their positions in DK. Bank of Montreal Can grew its position in Delek US by 48.8% during the 2nd quarter. Bank of Montreal Can now owns 46,452 shares of the oil and gas company’s stock valued at $1,228,000 after purchasing an additional 15,224 shares during the last quarter. Canada Pension Plan Investment Board grew its position in Delek US by 51.5% during the 2nd quarter. Canada Pension Plan Investment Board now owns 242,900 shares of the oil and gas company’s stock valued at $6,422,000 after purchasing an additional 82,600 shares during the last quarter. Foundry Partners LLC grew its position in Delek US by 34.2% during the 2nd quarter. Foundry Partners LLC now owns 11,775 shares of the oil and gas company’s stock valued at $311,000 after purchasing an additional 3,000 shares during the last quarter. SG Americas Securities LLC purchased a new stake in Delek US during the 2nd quarter valued at about $245,000. Finally, Bank of New York Mellon Corp grew its position in Delek US by 4.6% during the 2nd quarter. Bank of New York Mellon Corp now owns 667,890 shares of the oil and gas company’s stock valued at $17,660,000 after purchasing an additional 29,361 shares during the last quarter. 93.24% of the stock is currently owned by institutional investors.

Several research analysts have commented on the stock. BidaskClub lowered shares of Delek US from a “hold” rating to a “sell” rating in a report on Monday, August 14th. Royal Bank Of Canada restated a “buy” rating and issued a $35.00 price objective on shares of Delek US in a report on Wednesday, October 18th. Cowen restated a “buy” rating and issued a $30.00 price objective on shares of Delek US in a report on Tuesday, October 17th. Citigroup restated a “hold” rating and issued a $27.00 price objective (down from $29.00) on shares of Delek US in a report on Wednesday, October 18th. Finally, Macquarie upgraded shares of Delek US from a “neutral” rating to an “outperform” rating in a report on Monday, October 23rd. Eight research analysts have rated the stock with a hold rating, eight have given a buy rating and one has issued a strong buy rating to the company. The company has an average rating of “Buy” and an average price target of $30.83.

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About Delek US

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.

Insider Buying and Selling by Quarter for Delek US (NYSE:DK)

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