Delek US Holdings, Inc. (NYSE:DK) insider Donald Norman Holmes sold 4,476 shares of Delek US stock in a transaction on Tuesday, December 5th. The shares were sold at an average price of $32.74, for a total value of $146,544.24. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website.
Donald Norman Holmes also recently made the following trade(s):
- On Friday, September 15th, Donald Norman Holmes sold 1,018 shares of Delek US stock. The shares were sold at an average price of $25.19, for a total value of $25,643.42.
Delek US Holdings, Inc. (NYSE:DK) traded down $0.82 during mid-day trading on Wednesday, hitting $32.32. The stock had a trading volume of 989,405 shares, compared to its average volume of 1,061,638. Delek US Holdings, Inc. has a 52-week low of $20.65 and a 52-week high of $33.74. The company has a quick ratio of 1.06, a current ratio of 1.49 and a debt-to-equity ratio of 0.63. The stock has a market capitalization of $2,628.46, a PE ratio of 248.23, a P/E/G ratio of 4.65 and a beta of 2.02.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 15th. Investors of record on Wednesday, November 22nd will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 1.86%. The ex-dividend date of this dividend is Tuesday, November 21st. Delek US’s dividend payout ratio (DPR) is presently 37.97%.
A number of brokerages have issued reports on DK. BidaskClub cut Delek US from a “hold” rating to a “sell” rating in a research note on Monday, August 14th. Royal Bank Of Canada restated a “buy” rating and issued a $35.00 price target on shares of Delek US in a research note on Wednesday, October 18th. Cowen restated a “buy” rating and issued a $30.00 price target on shares of Delek US in a research note on Tuesday, October 17th. Citigroup restated a “hold” rating and issued a $27.00 price target (down previously from $29.00) on shares of Delek US in a research note on Wednesday, October 18th. Finally, Wells Fargo & Company restated a “positive” rating on shares of Delek US in a research note on Thursday, November 23rd. Eight research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus price target of $30.83.
A number of institutional investors have recently bought and sold shares of DK. Quantbot Technologies LP purchased a new stake in Delek US during the third quarter valued at $114,000. Hanseatic Management Services Inc. increased its position in Delek US by 18,606.3% during the third quarter. Hanseatic Management Services Inc. now owns 5,986 shares of the oil and gas company’s stock valued at $160,000 after acquiring an additional 5,954 shares during the last quarter. Great West Life Assurance Co. Can increased its position in Delek US by 51.3% during the third quarter. Great West Life Assurance Co. Can now owns 7,112 shares of the oil and gas company’s stock valued at $188,000 after acquiring an additional 2,412 shares during the last quarter. Amalgamated Bank purchased a new stake in Delek US during the second quarter valued at $207,000. Finally, ETRADE Capital Management LLC purchased a new stake in Delek US during the third quarter valued at $215,000. Institutional investors own 93.24% of the company’s stock.
ILLEGAL ACTIVITY WARNING: “Donald Norman Holmes Sells 4,476 Shares of Delek US Holdings, Inc. (DK) Stock” was first posted by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are viewing this piece on another website, it was illegally copied and reposted in violation of US and international copyright & trademark legislation. The correct version of this piece can be accessed at https://www.dispatchtribunal.com/2017/12/06/donald-norman-holmes-sells-4476-shares-of-delek-us-holdings-inc-dk-stock.html.
Delek US Company Profile
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.
Receive News & Ratings for Delek US Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Delek US Holdings Inc. and related companies with MarketBeat.com's FREE daily email newsletter.