Delek US Holdings Inc. (NYSE:DK) saw strong trading volume on Friday . 4,049,434 shares were traded during mid-day trading, an increase of 198% from the previous session’s volume of 1,360,148 shares.The stock last traded at $16.11 and had previously closed at $14.89.

Several analysts have commented on the stock. Wells Fargo & Co. reiterated a “buy” rating on shares of Delek US Holdings in a research note on Saturday, July 9th. Vetr downgraded shares of Delek US Holdings from a “hold” rating to a “sell” rating and set a $14.25 target price on the stock. in a report on Tuesday. JPMorgan Chase & Co. downgraded shares of Delek US Holdings from an “overweight” rating to a “neutral” rating and reduced their target price for the stock from $17.00 to $12.00 in a report on Monday, July 11th. Barclays PLC downgraded shares of Delek US Holdings from an “overweight” rating to an “equal weight” rating and reduced their target price for the stock from $20.00 to $15.00 in a report on Wednesday, July 13th. Finally, Scotiabank downgraded shares of Delek US Holdings from an “outperform” rating to a “sector perform” rating and reduced their target price for the stock from $22.00 to $15.00 in a report on Monday, July 11th. Two analysts have rated the stock with a sell rating, ten have given a hold rating and seven have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $20.30.

The firm has a 50 day moving average of $12.89 and a 200 day moving average of $14.23. The firm’s market capitalization is $1.01 billion.

Delek US Holdings (NYSE:DK) last posted its quarterly earnings results on Wednesday, August 3rd. The company reported ($0.08) earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.26) by $0.18. Equities analysts expect that Delek US Holdings Inc. will post ($1.57) earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 13th. Stockholders of record on Tuesday, August 23rd will be paid a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 3.66%. The ex-dividend date is Friday, August 19th.

Several institutional investors have bought and sold shares of the company. Cornerstone Capital Management Holdings LLC. increased 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 in the last quarter. Rhumbline Advisers increased 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 in the last quarter. Swiss National Bank increased 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 in the last quarter. Airain ltd increased its position in Delek US Holdings by 183.9% in the fourth quarter. Airain ltd now owns 81,620 shares of the company’s stock valued at $2,008,000 after buying an additional 52,875 shares in the last quarter. Finally, Foresters Investment Management Company Inc. acquired a new position in Delek US Holdings during the fourth quarter valued at $2,128,000.

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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