Delek US Holdings Inc. (NYSE:DK)’s share price traded down 1.6% on Wednesday . The stock traded as low as $12.23 and last traded at $12.46, with a volume of 611,510 shares trading hands. The stock had previously closed at $12.66.

Several equities analysts have weighed in on the company. Vetr cut Delek US Holdings from a “strong-buy” rating to a “buy” rating and set a $14.25 price target for the company. in a report on Tuesday. Credit Suisse Group AG reaffirmed a “buy” rating and issued a $17.00 price objective on shares of Delek US Holdings in a research note on Thursday, July 14th. Barclays PLC lowered Delek US Holdings from an “overweight” rating to an “equal weight” rating and lowered their price objective for the company from $20.00 to $15.00 in a research note on Wednesday, July 13th. Zacks Investment Research lowered Delek US Holdings from a “hold” rating to a “strong sell” rating in a research note on Monday, July 11th. Finally, Scotiabank lowered Delek US Holdings from an “outperform” rating to a “sector perform” rating and lowered their price objective for the company from $22.00 to $15.00 in a research note on Monday, July 11th. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating and seven have given a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of $23.52.

The stock has a market capitalization of $771.30 million and a price-to-earnings ratio of 122.35. The firm’s 50 day moving average price is $12.99 and its 200 day moving average price is $14.93.

Delek US Holdings (NYSE:DK) last posted its earnings results on Thursday, May 5th. The company reported ($0.86) EPS for the quarter, missing the consensus estimate of ($0.53) by $0.33. The company earned $1.10 billion during the quarter, compared to analysts’ expectations of $1.08 billion. During the same quarter in the previous year, the business earned ($0.28) earnings per share. Delek US Holdings’s revenue was down 3.9% compared to the same quarter last year. On average, equities research analysts predict that Delek US Holdings Inc. will post ($1.71) earnings per share for the current year.

Other institutional investors have recently modified their holdings of the company. California State Teachers Retirement System raised its position in shares of Delek US Holdings by 1.6% in the fourth quarter. California State Teachers Retirement System now owns 106,264 shares of the company’s stock valued at $2,614,000 after buying an additional 1,700 shares during the last quarter. Swiss National Bank raised its position in shares of 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 last quarter. First Trust Advisors LP purchased a new position in shares of Delek US Holdings during the fourth quarter valued at about $3,593,000. Rhumbline Advisers raised its position in shares of 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 last quarter. Finally, California Public Employees Retirement System raised 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 valued at $9,434,000 after buying an additional 4,200 shares during the last quarter.

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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