Delek US Holdings Inc (NYSE:DK) Director David Wiessman sold 60,000 shares of the firm’s stock in a transaction dated Monday, August 27th. The shares were sold at an average price of $54.10, for a total transaction of $3,246,000.00. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

DK opened at $54.73 on Friday. The company has a current ratio of 1.36, a quick ratio of 0.96 and a debt-to-equity ratio of 1.05. The company has a market capitalization of $4.53 billion, a P/E ratio of 43.44, a price-to-earnings-growth ratio of 1.09 and a beta of 1.42. Delek US Holdings Inc has a 12-month low of $23.99 and a 12-month high of $61.57.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 4th. Investors of record on Tuesday, August 21st will be issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.83%. The ex-dividend date of this dividend is Monday, August 20th. Delek US’s payout ratio is 79.37%.

Several institutional investors and hedge funds have recently bought and sold shares of DK. FMR LLC lifted its holdings in Delek US by 47.3% during the second quarter. FMR LLC now owns 9,933,478 shares of the oil and gas company’s stock valued at $498,363,000 after purchasing an additional 3,190,607 shares in the last quarter. BlackRock Inc. lifted its holdings in Delek US by 13.6% during the second quarter. BlackRock Inc. now owns 5,808,118 shares of the oil and gas company’s stock valued at $291,393,000 after purchasing an additional 697,134 shares in the last quarter. Victory Capital Management Inc. lifted its holdings in Delek US by 18.2% during the first quarter. Victory Capital Management Inc. now owns 2,784,777 shares of the oil and gas company’s stock valued at $113,340,000 after purchasing an additional 429,137 shares in the last quarter. Northern Trust Corp lifted its holdings in Delek US by 15.3% during the first quarter. Northern Trust Corp now owns 1,765,801 shares of the oil and gas company’s stock valued at $71,867,000 after purchasing an additional 234,921 shares in the last quarter. Finally, Macquarie Group Ltd. lifted its holdings in Delek US by 25,488.3% during the second quarter. Macquarie Group Ltd. now owns 1,330,594 shares of the oil and gas company’s stock valued at $66,756,000 after purchasing an additional 1,325,394 shares in the last quarter. 98.22% of the stock is currently owned by institutional investors.

A number of analysts have recently commented on DK shares. Zacks Investment Research lowered shares of Delek US from a “buy” rating to a “hold” rating in a research note on Monday, August 6th. Goldman Sachs Group upgraded shares of Delek US from a “buy” rating to a “conviction-buy” rating in a research note on Thursday, June 21st. Morgan Stanley lifted their price target on shares of Delek US from $58.00 to $62.00 and gave the stock an “overweight” rating in a research note on Monday, July 16th. ValuEngine upgraded shares of Delek US from a “hold” rating to a “buy” rating in a research note on Monday, July 30th. Finally, JPMorgan Chase & Co. upgraded shares of Delek US from a “neutral” rating to an “overweight” rating and set a $44.00 price target for the company in a research note on Monday, May 14th. Three investment analysts have rated the stock with a hold rating, thirteen have issued a buy rating and three have given a strong buy rating to the company. Delek US has a consensus rating of “Buy” and a consensus target price of $49.57.

Delek US Company Profile

Delek US Holdings, Inc engages in the integrated downstream energy business in the United States. The company's Refining segment processes crude oil and other purchased feedstocks for the manufacture of various grades of gasoline, diesel fuel, aviation fuel, asphalt, and other petroleum-based products that are distributed through owned and third-party product terminals.

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