Delek US Holdings Inc. (NYSE:DK) shares traded down 1.3% during mid-day trading on Monday . The stock 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.

DK has been the topic of several recent analyst reports. Zacks Investment Research raised shares of Delek US Holdings from a “strong sell” rating to a “hold” rating in a research report on Wednesday, April 20th. Vetr raised shares of Delek US Holdings from a “buy” rating to a “strong-buy” rating and set a $20.50 price objective on the stock in a research report on Monday, March 21st. Raymond James Financial Inc. downgraded shares of Delek US Holdings from an “outperform” rating to a “market perform” rating in a research report on Monday, March 28th. Simmons cut their price objective on shares of Delek US Holdings from $13.00 to $11.00 in a research report on Tuesday, April 12th. Finally, Credit Suisse Group AG reissued an “outperform” rating and set a $22.00 price objective (down from $28.00) on shares of Delek US Holdings in a research report on Monday, April 11th. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating, six have given a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $24.32.

The company has a 50 day moving average price of $13.11 and a 200-day moving average price of $15.32. The stock has a market cap of $789.22 million and a P/E ratio of 125.20.

Delek US Holdings (NYSE:DK) last announced its earnings results on Thursday, May 5th. The company reported ($0.86) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.53) by $0.33. During the same period in the previous year, the company earned ($0.28) EPS. The business had revenue of $1.10 billion for the quarter, compared to analyst estimates of $1.08 billion. The business’s quarterly revenue was down 3.9% compared to the same quarter last year. On average, equities analysts forecast that Delek US Holdings Inc. will post ($1.20) earnings per share for the current year.

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 14th. Shareholders of record on Tuesday, May 24th were issued a $0.15 dividend. The ex-dividend date was Friday, May 20th. This represents a $0.60 dividend on an annualized basis and a yield of 4.53%.

Other institutional investors have recently made changes to their positions in the company. Dimensional Fund Advisors LP increased its position in shares of Delek US Holdings by 1.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 5,044,535 shares of the company’s stock worth $124,095,000 after buying an additional 69,207 shares in the last quarter. Victory Capital Management Inc. increased its position in shares of Delek US Holdings by 17.1% in the fourth quarter. Victory Capital Management Inc. now owns 1,277,559 shares of the company’s stock worth $31,428,000 after buying an additional 186,125 shares in the last quarter. California Public Employees Retirement System increased its position in shares of Delek US Holdings by 1.1% in the fourth quarter. California Public Employees Retirement System now owns 383,500 shares of the company’s stock worth $9,434,000 after buying an additional 4,200 shares in the last quarter. Monarch Partners Asset Management LLC increased its position in shares of Delek US Holdings by 72.2% in the fourth quarter. Monarch Partners Asset Management LLC now owns 189,390 shares of the company’s stock worth $4,659,000 after buying an additional 79,435 shares in the last quarter. Finally, Marshall Wace LLP purchased a new position in shares of Delek US Holdings during the fourth quarter worth approximately $3,646,000.

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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