Shares of Delek US Holdings Inc. (NYSE:DK) traded down 1.3% during trading on Monday . The company traded as low as $12.48 and last traded at $12.58, with a volume of 459,937 shares traded. The stock had previously closed at $12.74.

A number of analysts recently commented on the company. Scotiabank lowered Delek US Holdings from an “outperform” rating to a “sector perform” rating and dropped their price target for the stock from $22.00 to $15.00 in a report on Monday. Howard Weil lowered Delek US Holdings from a “sector outperform” rating to a “sector perform” rating and dropped their price target for the stock from $22.00 to $15.00 in a report on Monday. JPMorgan Chase & Co. lowered Delek US Holdings from an “overweight” rating to a “neutral” rating and dropped their price target for the stock from $17.00 to $12.00 in a report on Monday. Wells Fargo & Co. reiterated a “buy” rating on shares of Delek US Holdings in a report on Saturday. Finally, Credit Suisse Group AG reiterated an “outperform” rating and set a $22.00 price target (down from $28.00) on shares of Delek US Holdings in a report on Monday, April 11th. Nine analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the stock. The stock has an average rating of “Buy” and a consensus target price of $24.68.

The stock has a 50 day moving average price of $13.11 and a 200-day moving average price of $15.41. The stock has a market capitalization of $785.52 million and a price-to-earnings ratio of 124.61.

Delek US Holdings (NYSE:DK) last posted its quarterly earnings results on Thursday, May 5th. The company reported ($0.86) earnings per share for the quarter, missing the consensus estimate of ($0.53) by $0.33. The company earned $1.10 billion during the quarter, compared to the consensus estimate of $1.08 billion. The firm’s revenue was down 3.9% compared to the same quarter last year. During the same quarter in the prior year, the firm earned ($0.28) EPS. On average, analysts predict that Delek US Holdings Inc. will post ($1.11) EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 14th. Investors of record on Tuesday, May 24th were paid a $0.15 dividend. The ex-dividend date of this dividend was Friday, May 20th. This represents a $0.60 annualized dividend and a dividend yield of 4.72%.

Other hedge funds recently bought and sold shares of the company. Strs Ohio increased its stake in Delek US Holdings by 15.5% in the fourth quarter. Strs Ohio now owns 43,300 shares of the company’s stock valued at $1,065,000 after buying an additional 5,800 shares during the last quarter. Cornercap Investment Counsel Inc. boosted its position in Delek US Holdings by 12.4% in the fourth quarter. Cornercap Investment Counsel Inc. now owns 46,105 shares of the company’s stock valued at $1,134,000 after buying an additional 5,080 shares during the period. Cornerstone Capital Management Holdings LLC. boosted its position in Delek US Holdings by 682.1% in the fourth quarter. Cornerstone Capital Management Holdings LLC. now owns 66,497 shares of the company’s stock valued at $1,636,000 after buying an additional 57,995 shares during the period. Rhumbline Advisers boosted its position in Delek US Holdings by 3.9% in the fourth quarter. Rhumbline Advisers now owns 70,798 shares of the company’s stock valued at $1,742,000 after buying an additional 2,675 shares during the period. Finally, Swiss National Bank boosted its position in Delek US Holdings by 1.4% in the fourth quarter. Swiss National Bank now owns 71,100 shares of the company’s stock valued at $1,749,000 after buying an additional 1,000 shares during the period.

Delek US Holdings, Inc is an integrated energy business focused on petroleum refining, the transportation, storage and wholesale of crude oil, intermediate and refined products and convenience store retailing. The Company operates through three segments: Refining, Logistics and Retail. Its Refining Segment operates independent refineries in Tyler, Texas, and El Dorado, Arkansas with a combined design crude distillation capacity of approximately 155,000 barrels per day (bpd).

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