Hot Stock in the Spotlight - Delek US Holdings (NYSE:DK)

Several other equities analysts have also recently issued reports on the stock. On Friday, November 17 Tudor Pickering upgraded the shares of DK in report to "Buy" rating. On Monday, November 13 the firm has "Strong Buy" rating by Raymond James given. The firm earned "Buy" rating on Thursday, July 20 by RBC Capital Markets. Scotia Capital maintained the shares of DK in report on Wednesday, April 12 with "Hold" rating.

In total 13 analysts cover Delek US Holdings (NYSE:DK). On Wednesday, January 10 the stock has "Buy" rating by Scotia Capital. Goldman Sachs Group Inc. lifted its stake in Delek US by 73.9% during the fourth quarter. However, as 52 Week Range has little to no connection whatsoever with current news or forces affecting companies today, very few investors rely heavily on the metric. That value represents a market adjusting for revenues that have been growing by 131.68 % on a quarterly year/year basis as of the company's last quarterly report. Their 52-Week High and Low are noted here. DK's profit will be $19.31M for 49.36 P/E if the $0.23 EPS becomes a reality. That is 43.75 % up compareed to $0.16 earnings per share for a year ago. That's up 43.75 % from last year's $0.16 earnings per share. Short-term as well long term shareholders always focus on the liquidity of the stocks so for that concern, liquidity measure in recent quarter results of the company was recorded 1.00 as current ratio and on the opponent side the debt to equity ratio was 0.89 and long-term debt to equity ratio also remained 0.53. The average volume was noted at 1487.74K shares while its relative volume was seen at 0.97.

On 2/28/2017 NYSE:DK - Delek US announced a quarterly dividend of $0.15 2.49% with an ex dividend date of 3/13/2017 which will be payable on 3/29/2017. Delek US's payout ratio is now 63.49%. The higher the relative volume is the more in play it is because more traders are watching and trading it. Shares buyback plans are generally a sign that the company's leadership believes its stock is undervalued.

In other Delek US news, CFO Kevin L. Kremke sold 3,400 shares of Delek US stock in a transaction on Tuesday, March 13th. For example, a 20-period moving average is the average of the closing prices for the past 20 periods, including the current period.

Delek US declared that its board has authorized a stock repurchase plan on Monday, February 26th that permits the company to repurchase $150.00 million in shares. The disclosure for this sale can be found here.

On 3/7/2018 Avigal Soreq, EVP, sold 3,091 with an average share price of $36.00 per share and the total transaction amounting to $111,276.00. Insiders own 1.40% of the company's stock.

Among 13 analysts covering Delek US Holdings (NYSE:DK), 10 have Buy rating, 0 Sell and 3 Hold. Great West Life Assurance Co. JPMorgan Chase & Co. increased its position in shares of Delek US Holdings by 59.2% in the third quarter. Dimensional Fund Advisors LP now owns 7,058,494 shares of the oil and gas company's stock worth $188,672,000 after purchasing an additional 1,833,630 shares during the last quarter. The stock price soared 19.19% in three months and jumped 67.60% for the last six months trading period. (DK) try to takes its position in context of active momentum, while shares price fell -4.27% with the closing value of $42.64 during Thursday trading session.

COPYRIGHT VIOLATION WARNING: "Delek US (DK) PT Raised to $44.00 at JPMorgan Chase" was first reported by The Lincolnian Online and is owned by of The Lincolnian Online.

Delek US Holdings, Inc. operates as an integrated energy firm that provides petroleum refining and transportation services.The firm is valued at $3.72 billion. 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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