Delek US Holdings, Inc. (DK) Holdings Lifted by GSA Capital Partners LLP

GSA Capital Partners LLP grew its position in Delek US Holdings, Inc. (NYSE:DK) by 18.2% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 41,500 shares of the oil and gas company’s stock after buying an additional 6,400 shares during the period. GSA Capital Partners LLP owned approximately 0.05% of Delek US worth $1,109,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Quantbot Technologies LP purchased a new position in Delek US in the third quarter worth about $114,000. Hanseatic Management Services Inc. grew its stake in shares of Delek US by 18,606.3% in the third quarter. Hanseatic Management Services Inc. now owns 5,986 shares of the oil and gas company’s stock worth $160,000 after acquiring an additional 5,954 shares during the period. Great West Life Assurance Co. Can grew its stake in shares of Delek US by 51.3% in the third quarter. Great West Life Assurance Co. Can now owns 7,112 shares of the oil and gas company’s stock worth $188,000 after acquiring an additional 2,412 shares during the period. Amalgamated Bank bought a new stake in shares of Delek US in the second quarter worth approximately $207,000. Finally, ETRADE Capital Management LLC bought a new stake in shares of Delek US in the third quarter worth approximately $215,000. 93.19% of the stock is owned by institutional investors and hedge funds.

Shares of Delek US Holdings, Inc. (NYSE:DK) opened at $34.02 on Friday. The company has a current ratio of 1.49, a quick ratio of 1.06 and a debt-to-equity ratio of 0.63. The stock has a market cap of $2,820.00, a P/E ratio of 4.07, a P/E/G ratio of 4.04 and a beta of 2.02. Delek US Holdings, Inc. has a 12-month low of $20.65 and a 12-month high of $34.83.

The firm also recently announced a quarterly dividend, which was paid on Friday, December 15th. Investors of record on Wednesday, November 22nd were given a dividend of $0.15 per share. The ex-dividend date was Tuesday, November 21st. This represents a $0.60 annualized dividend and a yield of 1.76%. Delek US’s dividend payout ratio (DPR) is 7.19%.

A number of brokerages have recently commented on DK. Royal Bank of Canada reiterated a “buy” rating and issued a $40.00 price target on shares of Delek US in a research note on Wednesday. Howard Weil upgraded shares of Delek US from a “sector perform” rating to a “focus list” rating and lifted their price target for the stock from $26.00 to $41.00 in a research note on Thursday. TheStreet upgraded shares of Delek US from a “c+” rating to a “b-” rating in a research note on Monday, December 18th. Zacks Investment Research upgraded shares of Delek US from a “hold” rating to a “strong-buy” rating and set a $38.00 price target for the company in a research note on Thursday, December 14th. Finally, Bank of America lowered shares of Delek US from a “neutral” rating to an “underperform” rating and set a $34.00 price target for the company. in a research note on Friday, December 8th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating, seven have assigned a buy rating and three have issued a strong buy rating to the stock. Delek US has a consensus rating of “Buy” and a consensus price target of $32.77.

In related news, insider Assi Ginzburg sold 20,000 shares of the business’s stock in a transaction that occurred on Thursday, November 2nd. The shares were sold at an average price of $28.00, for a total transaction of $560,000.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, COO Frederec Green sold 10,000 shares of the business’s stock in a transaction that occurred on Thursday, November 2nd. The shares were sold at an average price of $28.00, for a total transaction of $280,000.00. The disclosure for this sale can be found here. Insiders have sold 205,631 shares of company stock valued at $6,673,903 over the last 90 days. 1.61% of the stock is currently owned by company insiders.

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About Delek US

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 (NYSE:DK)

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