State of Wisconsin Investment Board Has $3.80 Million Holdings in Delek US Holdings, Inc. (NYSE:DK)

State of Wisconsin Investment Board cut its stake in shares of Delek US Holdings, Inc. (NYSE:DK) by 11.1% in the 4th quarter, HoldingsChannel reports. The fund owned 236,500 shares of the oil and gas company’s stock after selling 29,400 shares during the quarter. State of Wisconsin Investment Board’s holdings in Delek US were worth $3,801,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently modified their holdings of DK. BlackRock Inc. lifted its position in Delek US by 36.1% during the third quarter. BlackRock Inc. now owns 7,060,711 shares of the oil and gas company’s stock worth $78,586,000 after acquiring an additional 1,874,583 shares during the last quarter. Fisher Asset Management LLC lifted its position in Delek US by 111.6% during the third quarter. Fisher Asset Management LLC now owns 1,572,991 shares of the oil and gas company’s stock worth $17,507,000 after acquiring an additional 829,757 shares during the last quarter. Great West Life Assurance Co. Can lifted its position in Delek US by 7,851.7% during the third quarter. Great West Life Assurance Co. Can now owns 658,006 shares of the oil and gas company’s stock worth $841,000 after acquiring an additional 649,731 shares during the last quarter. Psagot Investment House Ltd. lifted its position in Delek US by 50.4% during the third quarter. Psagot Investment House Ltd. now owns 774,910 shares of the oil and gas company’s stock worth $8,625,000 after acquiring an additional 259,769 shares during the last quarter. Finally, Victory Capital Management Inc. lifted its position in Delek US by 8.4% during the fourth quarter. Victory Capital Management Inc. now owns 2,648,031 shares of the oil and gas company’s stock worth $42,554,000 after acquiring an additional 204,461 shares during the last quarter.

DK has been the topic of several recent research reports. The Goldman Sachs Group cut shares of Delek US from a “neutral” rating to a “sell” rating and lowered their target price for the stock from $18.00 to $16.00 in a report on Tuesday, January 26th. Citigroup raised their target price on shares of Delek US from $16.00 to $26.00 in a report on Monday. Raymond James raised their target price on shares of Delek US from $16.00 to $20.00 and gave the stock an “outperform” rating in a report on Friday, November 20th. Scotiabank lowered their target price on shares of Delek US from $14.00 to $13.00 and set a “sector underperform” rating on the stock in a report on Monday, November 9th. Finally, Piper Sandler lowered their target price on shares of Delek US from $22.00 to $16.00 and set a “neutral” rating on the stock in a report on Friday, November 13th. Three research analysts have rated the stock with a sell rating, nine have assigned a hold rating and three have assigned a buy rating to the company’s stock. Delek US currently has a consensus rating of “Hold” and a consensus target price of $17.63.

NYSE DK opened at $25.53 on Tuesday. The firm’s fifty day moving average price is $20.32 and its two-hundred day moving average price is $15.29. The stock has a market cap of $1.88 billion, a PE ratio of -6.61 and a beta of 2.19. Delek US Holdings, Inc. has a fifty-two week low of $7.79 and a fifty-two week high of $27.46. The company has a debt-to-equity ratio of 1.72, a quick ratio of 1.02 and a current ratio of 1.39.

In related news, Director Richard J. Marcogliese bought 11,000 shares of the firm’s stock in a transaction on Thursday, December 10th. The shares were purchased at an average price of $16.92 per share, with a total value of $186,120.00. Following the completion of the purchase, the director now owns 19,246 shares in the company, valued at approximately $325,642.32. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. Insiders own 1.40% of the company’s stock.

Delek US Company Profile

Delek US Holdings, Inc engages in the integrated downstream energy business in the United States. The company operates in three segments: Refining, Logistics, and Retail. The Refining segment processes crude oil and other purchased feedstock for the manufacture of various grades of gasoline, diesel fuel, aviation fuel, asphalt, and other petroleum-based products that are distributed through owned and third-party product terminals.

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Institutional Ownership by Quarter for Delek US (NYSE:DK)

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