Delek US Holdings, Inc. (NYSE:DK) COO Frederec Green sold 25,000 shares of the stock in a transaction dated Wednesday, January 3rd. The shares were sold at an average price of $36.00, for a total value of $900,000.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.
Frederec Green also recently made the following trade(s):
- On Thursday, December 21st, Frederec Green sold 10,000 shares of Delek US stock. The shares were sold at an average price of $34.00, for a total value of $340,000.00.
- On Wednesday, November 22nd, Frederec Green sold 10,000 shares of Delek US stock. The shares were sold at an average price of $32.00, for a total value of $320,000.00.
- On Thursday, November 2nd, Frederec Green sold 10,000 shares of Delek US stock. The shares were sold at an average price of $28.00, for a total value of $280,000.00.
Delek US Holdings, Inc. (DK) traded up $0.34 on Thursday, reaching $36.39. The company had a trading volume of 1,045,827 shares, compared to its average volume of 1,205,829. Delek US Holdings, Inc. has a 12-month low of $20.65 and a 12-month high of $36.55. The firm has a market cap of $2,940.00, a PE ratio of 4.36, a P/E/G ratio of 2.12 and a beta of 2.01.
A number of research firms have commented on DK. Royal Bank of Canada reaffirmed a “buy” rating and set a $40.00 target price on shares of Delek US in a report on Wednesday, December 20th. Howard Weil raised Delek US from a “sector perform” rating to a “focus list” rating and increased their target price for the stock from $26.00 to $41.00 in a report on Thursday, December 21st. Bank of America downgraded Delek US from a “neutral” rating to an “underperform” rating and set a $34.00 target price on the stock. in a report on Friday, December 8th. Zacks Investment Research raised Delek US from a “hold” rating to a “strong-buy” rating and set a $38.00 target price on the stock in a report on Thursday, December 14th. Finally, TheStreet upgraded Delek US from a “c+” rating to a “b-” rating in a research report on Monday, December 18th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating, seven have assigned a buy rating and three have assigned a strong buy rating to the company’s stock. Delek US currently has a consensus rating of “Buy” and an average price target of $32.77.
Hedge funds have recently modified their holdings of the company. Quantbot Technologies LP acquired a new position in shares of Delek US during the 3rd quarter valued at $114,000. Hanseatic Management Services Inc. boosted its stake in shares of Delek US by 18,606.3% during the 3rd quarter. Hanseatic Management Services Inc. now owns 5,986 shares of the oil and gas company’s stock worth $160,000 after acquiring an additional 5,954 shares in the last quarter. Great West Life Assurance Co. Can boosted its stake in shares of Delek US by 51.3% during the 3rd quarter. Great West Life Assurance Co. Can now owns 7,112 shares of the oil and gas company’s stock worth $188,000 after acquiring an additional 2,412 shares in the last quarter. Amalgamated Bank bought a new stake in shares of Delek US during the 2nd quarter worth $207,000. Finally, ETRADE Capital Management LLC bought a new stake in shares of Delek US during the 3rd quarter worth $215,000. Institutional investors own 93.19% of the company’s stock.
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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.
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