Bank of Montreal Can increased its stake in shares of Delek US Holdings, Inc. (NYSE:DK) by 48.8% during the second quarter, according to its most recent disclosure with the SEC. The firm owned 46,452 shares of the oil and gas company’s stock after buying an additional 15,224 shares during the period. Bank of Montreal Can’s holdings in Delek US Holdings were worth $1,228,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of DK. Guggenheim Capital LLC boosted its stake in shares of Delek US Holdings by 13.9% in the fourth quarter. Guggenheim Capital LLC now owns 22,572 shares of the oil and gas company’s stock valued at $544,000 after buying an additional 2,749 shares during the last quarter. Nationwide Fund Advisors boosted its stake in shares of Delek US Holdings by 23.2% in the first quarter. Nationwide Fund Advisors now owns 185,565 shares of the oil and gas company’s stock valued at $4,504,000 after buying an additional 34,943 shares during the last quarter. Strs Ohio bought a new stake in shares of Delek US Holdings during the first quarter valued at $737,000. Russell Investments Group Ltd. boosted its stake in shares of Delek US Holdings by 2.7% in the first quarter. Russell Investments Group Ltd. now owns 745,455 shares of the oil and gas company’s stock valued at $18,091,000 after buying an additional 19,627 shares during the last quarter. Finally, First Midwest Bank Trust Division boosted its stake in shares of Delek US Holdings by 3.4% in the first quarter. First Midwest Bank Trust Division now owns 13,495 shares of the oil and gas company’s stock valued at $328,000 after buying an additional 450 shares during the last quarter. 97.01% of the stock is owned by institutional investors.

Shares of Delek US Holdings, Inc. (NYSE DK) traded up 1.01% on Friday, reaching $21.09. The company’s stock had a trading volume of 1,126,900 shares. The company’s 50 day moving average price is $25.18 and its 200 day moving average price is $24.49. Delek US Holdings, Inc. has a 12-month low of $14.76 and a 12-month high of $27.85. The company’s market cap is $1.31 billion.

Delek US Holdings (NYSE:DK) last announced its quarterly earnings results on Wednesday, August 2nd. The oil and gas company reported ($0.40) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.03) by $0.37. Delek US Holdings had a negative net margin of 3.15% and a negative return on equity of 4.60%. The business had revenue of $1.23 billion for the quarter, compared to analysts’ expectations of $944.29 million. During the same quarter in the prior year, the firm earned ($0.08) EPS. The firm’s revenue for the quarter was up 7.3% on a year-over-year basis. Analysts forecast that Delek US Holdings, Inc. will post ($0.20) EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 13th. Shareholders of record on Wednesday, August 23rd will be given a dividend of $0.15 per share. The ex-dividend date is Monday, August 21st. This represents a $0.60 annualized dividend and a yield of 2.84%. Delek US Holdings’s payout ratio is -25.86%.

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Several equities research analysts have recently weighed in on DK shares. Citigroup Inc. reissued a “buy” rating and issued a $29.00 price target (down previously from $32.00) on shares of Delek US Holdings in a research note on Saturday, April 22nd. Goldman Sachs Group, Inc. (The) raised Delek US Holdings from a “neutral” rating to a “buy” rating and increased their price target for the company from $26.00 to $30.00 in a research note on Tuesday, May 16th. ValuEngine raised Delek US Holdings from a “sell” rating to a “hold” rating in a research note on Friday, June 2nd. BidaskClub raised Delek US Holdings from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, June 20th. Finally, Scotiabank set a $26.00 price target on Delek US Holdings and gave the company a “hold” rating in a research note on Monday, June 26th. One equities research analyst has rated the stock with a sell rating, fourteen have assigned a hold rating and four have assigned a buy rating to the stock. Delek US Holdings has a consensus rating of “Hold” and an average price target of $25.07.

In other Delek US Holdings news, Chairman Ezra Uzi Yemin sold 202,806 shares of Delek US Holdings stock in a transaction that occurred on Friday, June 2nd. The stock was sold at an average price of $25.41, for a total transaction of $5,153,300.46. Following the sale, the chairman now directly owns 344,890 shares of the company’s stock, valued at approximately $8,763,654.90. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CFO Assi Ginzburg sold 8,936 shares of Delek US Holdings stock in a transaction that occurred on Friday, May 26th. The shares were sold at an average price of $25.33, for a total value of $226,348.88. Following the sale, the chief financial officer now directly owns 94,431 shares in the company, valued at $2,391,937.23. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 240,845 shares of company stock worth $6,127,346. Insiders own 1.42% of the company’s stock.

About Delek US Holdings

Delek US Holdings, Inc is a diversified downstream energy company. The Company has a broad platform consisting of refining, logistics, retail and wholesale marketing, renewables and asphalt operations. It operates through five segments: refining, logistics, asphalt, renewable and retail. Its refining assets consist of refineries operated in Tyler and Big Spring, Texas, El Dorado, Arkansas and Krotz Springs, Louisiana with a combined nameplate crude throughput capacity of 302,000 barrels per day.

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Institutional Ownership by Quarter for Delek US Holdings (NYSE:DK)

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