Shares of Delek US Holdings, Inc. (NYSE:DK) have been assigned a consensus recommendation of “Buy” from the twenty brokerages that are currently covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating, nine have issued a buy rating and two have assigned a strong buy rating to the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is $34.08.

A number of equities analysts have recently issued reports on DK shares. Macquarie upgraded shares of Delek US from a “neutral” rating to an “outperform” rating in a research report on Monday, October 23rd. Wells Fargo & Co upgraded shares of Delek US from a “market perform” rating to an “outperform” rating and set a $40.00 target price on the stock in a research report on Tuesday, November 14th. Raymond James Financial upgraded shares of Delek US from an “outperform” rating to a “strong-buy” rating and raised their target price for the stock from $32.00 to $35.00 in a research report on Monday, November 13th. Tudor Pickering upgraded shares of Delek US from a “hold” rating to a “buy” rating in a research report on Friday, November 17th. Finally, Cowen restated a “buy” rating and set a $33.00 target price on shares of Delek US in a research report on Friday, November 10th.

In other Delek US news, insider Donald Norman Holmes sold 4,476 shares of the firm’s stock in a transaction on Tuesday, December 5th. The stock was sold at an average price of $32.74, for a total value of $146,544.24. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Assi Ginzburg sold 20,000 shares of the firm’s stock in a transaction on Thursday, November 2nd. The shares were sold at an average price of $28.00, for a total value of $560,000.00. The disclosure for this sale can be found here. Over the last quarter, insiders sold 230,631 shares of company stock worth $7,573,903. 1.61% of the stock is currently owned by insiders.

A number of institutional investors have recently added to or reduced their stakes in the business. Dimensional Fund Advisors LP lifted its holdings in Delek US by 35.1% in the third quarter. Dimensional Fund Advisors LP now owns 7,058,494 shares of the oil and gas company’s stock valued at $188,672,000 after acquiring an additional 1,833,630 shares during the period. Vanguard Group Inc. lifted its holdings in Delek US by 33.7% in the second quarter. Vanguard Group Inc. now owns 6,958,487 shares of the oil and gas company’s stock valued at $183,982,000 after acquiring an additional 1,753,373 shares during the period. FMR LLC lifted its holdings in Delek US by 24.9% in the second quarter. FMR LLC now owns 4,248,836 shares of the oil and gas company’s stock valued at $112,339,000 after acquiring an additional 846,855 shares during the period. BlackRock Inc. lifted its holdings in Delek US by 1.3% in the second quarter. BlackRock Inc. now owns 3,912,278 shares of the oil and gas company’s stock valued at $103,441,000 after acquiring an additional 50,532 shares during the period. Finally, Victory Capital Management Inc. lifted its holdings in Delek US by 8.8% in the third quarter. Victory Capital Management Inc. now owns 2,881,870 shares of the oil and gas company’s stock valued at $77,032,000 after acquiring an additional 232,100 shares during the period. 93.19% of the stock is owned by institutional investors.

Delek US (NYSE DK) opened at $37.64 on Friday. The stock has a market cap of $3,030.00, a P/E ratio of 4.51, a PEG ratio of 2.20 and a beta of 2.01. Delek US has a 1 year low of $20.65 and a 1 year high of $37.96.

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 15th. Investors of record on Wednesday, November 22nd were given a $0.15 dividend. The ex-dividend date of this dividend was Tuesday, November 21st. This represents a $0.60 dividend on an annualized basis and a yield of 1.59%. Delek US’s dividend payout ratio (DPR) is 7.19%.

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Delek US Company Profile

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.

Analyst Recommendations for Delek US (NYSE:DK)

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