Donald Norman Holmes Sells 4,476 Shares of Delek US Holdings, Inc. (DK) Stock

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.

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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.

Insider Buying and Selling by Quarter for Delek US (NYSE:DK)

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