Aperio Group LLC purchased a new position in Delek US Holdings, Inc. (NYSE:DK) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 8,830 shares of the oil and gas company’s stock, valued at approximately $236,000.

Several other hedge funds and other institutional investors have also modified their holdings of DK. Amalgamated Bank purchased a new stake in shares of Delek US in the second quarter worth approximately $207,000. Airain ltd purchased a new stake in shares of Delek US in the second quarter worth approximately $244,000. SG Americas Securities LLC purchased a new stake in shares of Delek US in the second quarter worth approximately $245,000. Venturi Wealth Management LLC purchased a new stake in shares of Delek US in the second quarter worth approximately $264,000. Finally, Seven Eight Capital LP purchased a new stake in shares of Delek US in the second quarter worth approximately $270,000. Hedge funds and other institutional investors own 93.27% of the company’s stock.

Delek US Holdings, Inc. (NYSE DK) opened at $31.69 on Tuesday. Delek US Holdings, Inc. has a 52 week low of $19.09 and a 52 week high of $32.17. The stock has a market capitalization of $2,560.04, a P/E ratio of 241.77, a P/E/G ratio of 4.91 and a beta of 1.92. 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 also recently disclosed a quarterly dividend, which will be paid on Friday, December 15th. Investors of record on Wednesday, November 22nd will be paid a $0.15 dividend. The ex-dividend date of this dividend is Tuesday, November 21st. This represents a $0.60 annualized dividend and a yield of 1.89%. Delek US’s dividend payout ratio (DPR) is currently 37.97%.

Several equities research analysts have recently weighed in on DK shares. BidaskClub downgraded Delek US from a “buy” rating to a “hold” rating in a report on Tuesday, August 1st. Scotiabank set a $26.00 price objective on Delek US and gave the stock a “hold” rating in a research note on Thursday, August 3rd. Cowen Inc reissued a “buy” rating and issued a $30.00 price objective on shares of Delek US in a research note on Thursday, August 17th. Royal Bank Of Canada reissued a “buy” rating and issued a $32.00 price objective on shares of Delek US in a research note on Friday, September 8th. Finally, Zacks Investment Research raised Delek US from a “hold” rating to a “buy” rating and set a $30.00 price objective on the stock in a research note on Monday, October 16th. Eight research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and an average target price of $30.83.

In other Delek US news, insider Daniel L. Gordon sold 1,000 shares of the stock in a transaction on Tuesday, September 12th. The stock was sold at an average price of $26.16, for a total transaction of $26,160.00. Following the sale, the insider now owns 18,572 shares of the company’s stock, valued at approximately $485,843.52. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Anthony L. Miller sold 1,509 shares of the stock in a transaction on Wednesday, September 13th. The shares were sold at an average price of $26.28, for a total value of $39,656.52. Following the sale, the insider now directly owns 11,370 shares in the company, valued at approximately $298,803.60. The disclosure for this sale can be found here. Insiders have sold a total of 47,527 shares of company stock worth $1,354,580 in the last ninety days. Insiders own 1.61% of the company’s stock.

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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.

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Institutional Ownership by Quarter for Delek US (NYSE:DK)

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