Delek US Holdings, Inc. (NYSE:DK) is Semanteon Capital Management LP's Largest Position

Semanteon Capital Management LP raised its position in Delek US Holdings, Inc. (NYSE:DK - Free Report) by 504.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 84,951 shares of the oil and gas company's stock after buying an additional 70,902 shares during the period. Delek US comprises about 0.8% of Semanteon Capital Management LP's portfolio, making the stock its largest holding. Semanteon Capital Management LP owned approximately 0.13% of Delek US worth $1,572,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. Rubric Capital Management LP purchased a new position in shares of Delek US in the third quarter worth about $37,500,000. Philosophy Capital Management LLC acquired a new stake in Delek US in the 3rd quarter valued at about $21,471,000. FMR LLC lifted its stake in Delek US by 47.3% in the 3rd quarter. FMR LLC now owns 1,707,773 shares of the oil and gas company's stock worth $32,021,000 after purchasing an additional 548,777 shares in the last quarter. Barclays PLC boosted its holdings in shares of Delek US by 51.5% during the 3rd quarter. Barclays PLC now owns 1,496,825 shares of the oil and gas company's stock worth $28,065,000 after purchasing an additional 508,719 shares during the last quarter. Finally, Clifford Capital Partners LLC purchased a new stake in shares of Delek US in the third quarter valued at approximately $7,504,000. 97.01% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

DK has been the topic of a number of analyst reports. Morgan Stanley reduced their price objective on Delek US from $19.00 to $18.00 and set an "underweight" rating on the stock in a research report on Friday, March 14th. Wells Fargo & Company lifted their price target on Delek US from $15.00 to $16.00 and gave the stock an "underweight" rating in a report on Friday. JPMorgan Chase & Co. upped their price objective on shares of Delek US from $21.00 to $22.00 and gave the company a "neutral" rating in a report on Tuesday, December 10th. Wolfe Research raised shares of Delek US from an "underperform" rating to a "peer perform" rating in a research note on Friday, January 3rd. Finally, Mizuho dropped their price target on shares of Delek US from $26.00 to $25.00 and set a "neutral" rating for the company in a research note on Monday, December 16th. Five analysts have rated the stock with a sell rating and six have assigned a hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus price target of $20.40.

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Delek US Trading Down 1.0 %

Shares of Delek US stock traded down $0.16 on Tuesday, reaching $15.93. The company had a trading volume of 1,227,418 shares, compared to its average volume of 1,138,878. The company has a debt-to-equity ratio of 3.18, a quick ratio of 0.67 and a current ratio of 1.04. The firm has a market cap of $995.83 million, a PE ratio of -3.28 and a beta of 1.14. The firm's 50 day moving average price is $17.36 and its two-hundred day moving average price is $17.93. Delek US Holdings, Inc. has a 52-week low of $13.40 and a 52-week high of $33.60.

Delek US (NYSE:DK - Get Free Report) last released its quarterly earnings results on Tuesday, February 25th. The oil and gas company reported ($2.54) EPS for the quarter, missing analysts' consensus estimates of ($1.53) by ($1.01). Delek US had a negative return on equity of 28.21% and a negative net margin of 2.27%. The firm had revenue of $2.37 billion for the quarter, compared to analyst estimates of $2.58 billion. During the same quarter last year, the company earned ($1.46) earnings per share. The firm's revenue for the quarter was down 39.8% on a year-over-year basis. Sell-side analysts predict that Delek US Holdings, Inc. will post -5.5 earnings per share for the current fiscal year.

Delek US Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 10th. Investors of record on Monday, March 3rd were issued a dividend of $0.255 per share. This represents a $1.02 dividend on an annualized basis and a yield of 6.40%. The ex-dividend date of this dividend was Monday, March 3rd. Delek US's dividend payout ratio (DPR) is -11.54%.

Insiders Place Their Bets

In other Delek US news, CFO Mark Wayne Hobbs purchased 2,800 shares of the firm's stock in a transaction on Tuesday, March 11th. The stock was bought at an average price of $13.70 per share, with a total value of $38,360.00. Following the transaction, the chief financial officer now directly owns 49,138 shares of the company's stock, valued at approximately $673,190.60. This represents a 6.04 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders have acquired 5,055 shares of company stock worth $70,787 over the last three months. Company insiders own 1.80% of the company's stock.

Delek US Profile

Delek US Holdings, Inc engages in the integrated downstream energy business in the United States. The company operates through Refining, Logistics, and Retail segments. The Refining segment processes crude oil and other 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 terminal.