Shares of Delek US Holdings, Inc. (NYSE:DK) have been given an average recommendation of “Buy” by the twenty analysts that are covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating, nine have issued a buy rating and two have assigned a strong buy rating to the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is $34.08.

DK has been the subject of several analyst reports. Zacks Investment Research raised shares of Delek US from a “hold” rating to a “buy” rating and set a $30.00 target price for the company in a research note on Monday, October 16th. Cowen reissued a “buy” rating and issued a $30.00 target price on shares of Delek US in a research note on Tuesday, October 17th. Citigroup reissued a “hold” rating and issued a $27.00 target price (down previously from $29.00) on shares of Delek US in a research note on Wednesday, October 18th. Royal Bank of Canada reissued a “buy” rating and issued a $35.00 target price on shares of Delek US in a research note on Wednesday, October 18th. Finally, Macquarie raised shares of Delek US from a “neutral” rating to an “outperform” rating in a research note on Monday, October 23rd.

In other Delek US news, COO Frederec Green sold 10,000 shares of Delek US stock in a transaction dated Thursday, November 2nd. The stock was sold at an average price of $28.00, for a total value of $280,000.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Assi Ginzburg sold 20,000 shares of Delek US stock in a transaction dated 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. Insiders sold a total of 230,631 shares of company stock valued at $7,573,903 in the last 90 days. 1.61% of the stock is owned by company insiders.

A number of institutional investors and hedge funds have recently bought and sold shares of DK. Point72 Asset Management L.P. grew its holdings in shares of Delek US by 315.5% during the 3rd quarter. Point72 Asset Management L.P. now owns 2,790,717 shares of the oil and gas company’s stock worth $74,596,000 after purchasing an additional 2,119,017 shares during the period. Dimensional Fund Advisors LP grew its holdings in shares of Delek US by 35.1% during the 3rd quarter. Dimensional Fund Advisors LP now owns 7,058,494 shares of the oil and gas company’s stock worth $188,672,000 after purchasing an additional 1,833,630 shares during the period. Vanguard Group Inc. grew its holdings in shares of Delek US by 33.7% during the 2nd quarter. Vanguard Group Inc. now owns 6,958,487 shares of the oil and gas company’s stock worth $183,982,000 after purchasing an additional 1,753,373 shares during the period. FMR LLC grew its holdings in shares of Delek US by 24.9% during the 2nd quarter. FMR LLC now owns 4,248,836 shares of the oil and gas company’s stock worth $112,339,000 after purchasing an additional 846,855 shares during the period. Finally, Janus Henderson Group PLC purchased a new stake in shares of Delek US during the 2nd quarter worth about $13,991,000. Institutional investors own 93.19% of the company’s stock.

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

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

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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.

Analyst Recommendations for Delek US (NYSE:DK)

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