Nilah Staskus Sells 646 Shares of Delek US Holdings, Inc. (NYSE:DK) Stock

Delek US Holdings, Inc. (NYSE:DK) CAO Nilah Staskus sold 646 shares of the business’s stock in a transaction dated Tuesday, September 14th. The shares were sold at an average price of $17.19, for a total transaction of $11,104.74. Following the completion of the transaction, the chief accounting officer now owns 11,659 shares in the company, valued at $200,418.21. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Shares of DK opened at $16.66 on Friday. The company has a debt-to-equity ratio of 2.31, a current ratio of 1.06 and a quick ratio of 0.69. The firm has a fifty day simple moving average of $16.65 and a two-hundred day simple moving average of $20.50. Delek US Holdings, Inc. has a twelve month low of $8.92 and a twelve month high of $27.38.

Delek US (NYSE:DK) last issued its quarterly earnings results on Tuesday, August 3rd. The oil and gas company reported ($0.88) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($1.01) by $0.13. The company had revenue of $2.19 billion during the quarter, compared to analyst estimates of $1.96 billion. Delek US had a negative net margin of 6.58% and a negative return on equity of 38.01%. On average, equities research analysts predict that Delek US Holdings, Inc. will post -3.6 EPS for the current year.

Hedge funds have recently made changes to their positions in the company. Quantbot Technologies LP bought a new stake in shares of Delek US in the first quarter worth approximately $253,000. Nuveen Asset Management LLC boosted its holdings in shares of Delek US by 8.3% in the first quarter. Nuveen Asset Management LLC now owns 681,308 shares of the oil and gas company’s stock worth $14,839,000 after buying an additional 52,149 shares during the last quarter. Citigroup Inc. boosted its holdings in shares of Delek US by 248.4% in the first quarter. Citigroup Inc. now owns 124,532 shares of the oil and gas company’s stock worth $2,713,000 after buying an additional 88,788 shares during the last quarter. Systematic Financial Management LP lifted its holdings in Delek US by 2.7% during the first quarter. Systematic Financial Management LP now owns 486,773 shares of the oil and gas company’s stock valued at $10,602,000 after purchasing an additional 12,854 shares in the last quarter. Finally, Davide Leone & Partners Investment Co Ltd. lifted its holdings in Delek US by 42.0% during the first quarter. Davide Leone & Partners Investment Co Ltd. now owns 139,386 shares of the oil and gas company’s stock valued at $3,036,000 after purchasing an additional 41,231 shares in the last quarter.

A number of brokerages recently commented on DK. Tudor Pickering upgraded shares of Delek US from a “hold” rating to a “buy” rating in a research note on Friday, May 28th. Wolfe Research lowered shares of Delek US from an “outperform” rating to a “peer perform” rating and set a $20.00 target price on the stock. in a report on Wednesday, July 14th. Citigroup lowered shares of Delek US from a “neutral” rating to a “sell” rating and decreased their target price for the stock from $25.00 to $8.00 in a report on Thursday, August 26th. Barclays decreased their target price on shares of Delek US from $23.00 to $21.00 and set an “equal weight” rating on the stock in a report on Tuesday, July 13th. Finally, The Goldman Sachs Group raised shares of Delek US from a “sell” rating to a “neutral” rating and set a $24.00 target price on the stock in a report on Tuesday, June 22nd. Four research analysts have rated the stock with a sell rating, seven have assigned a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $21.31.

About Delek US

Delek US Holdings, Inc engages in the transportation, storage, and wholesale distribution of crude oil. It operates through the following segments: Refining, Logistics, Retail, and Corporate and Other. The Refining segment processes crude oil and other purchased feedstocks for the manufacture of transportation motor fuels, including gasoline, diesel fuel and aviation fuel, asphalt, and other petroleum-based products.

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