Versor Investments LP Invests $686,000 in Delek US Holdings, Inc. (NYSE:DK)

Versor Investments LP bought a new stake in shares of Delek US Holdings, Inc. (NYSE:DK - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 37,100 shares of the oil and gas company's stock, valued at approximately $686,000. Versor Investments LP owned approximately 0.06% of Delek US as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of DK. River Road Asset Management LLC grew its stake in shares of Delek US by 1.1% in the 3rd quarter. River Road Asset Management LLC now owns 4,100,268 shares of the oil and gas company's stock worth $76,880,000 after purchasing an additional 45,949 shares during the last quarter. Victory Capital Management Inc. increased its holdings in shares of Delek US by 17.2% in the third quarter. Victory Capital Management Inc. now owns 3,279,590 shares of the oil and gas company's stock valued at $61,492,000 after buying an additional 480,614 shares in the last quarter. State Street Corp increased its holdings in shares of Delek US by 8.0% in the third quarter. State Street Corp now owns 3,019,307 shares of the oil and gas company's stock valued at $56,612,000 after buying an additional 223,110 shares in the last quarter. Rubric Capital Management LP bought a new stake in shares of Delek US during the 3rd quarter worth $37,500,000. Finally, FMR LLC grew its holdings in shares of 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 acquiring an additional 548,777 shares during the last quarter. 97.01% of the stock is owned by institutional investors and hedge funds.

Delek US Stock Up 0.1 %

DK stock traded up $0.02 during midday trading on Tuesday, reaching $15.77. The company had a trading volume of 1,187,856 shares, compared to its average volume of 1,356,991. The company has a 50 day moving average of $18.15 and a two-hundred day moving average of $18.46. The company has a current ratio of 1.04, a quick ratio of 0.67 and a debt-to-equity ratio of 3.18. Delek US Holdings, Inc. has a 1 year low of $15.02 and a 1 year high of $33.60. The company has a market capitalization of $985.89 million, a P/E ratio of -3.27 and a beta of 1.20.

Delek US (NYSE:DK - Get Free Report) last issued its 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). The firm had revenue of $2.37 billion during the quarter, compared to analysts' expectations of $2.58 billion. Delek US had a negative net margin of 2.27% and a negative return on equity of 28.21%. The business's revenue for the quarter was down 39.8% compared to the same quarter last year. During the same quarter last year, the firm earned ($1.46) EPS. On average, equities research analysts expect that Delek US Holdings, Inc. will post -5.5 earnings per share for the current fiscal year.

Delek US Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 10th. Shareholders of record on Monday, March 3rd will be given a $0.255 dividend. This represents a $1.02 annualized dividend and a yield of 6.47%. The ex-dividend date is Monday, March 3rd. Delek US's dividend payout ratio is -11.54%.

Wall Street Analyst Weigh In

DK has been the subject of several analyst reports. Wells Fargo & Company reduced their target price on Delek US from $17.00 to $15.00 and set an "underweight" rating for the company in a report on Wednesday, February 26th. Wolfe Research upgraded shares of Delek US from an "underperform" rating to a "peer perform" rating in a report on Friday, January 3rd. JPMorgan Chase & Co. lifted their target price on shares of Delek US from $21.00 to $22.00 and gave the stock a "neutral" rating in a research report on Tuesday, December 10th. Finally, Mizuho reduced 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 report on Monday, December 16th. Five equities research analysts have rated the stock with a sell rating and six have assigned a hold rating to the company. Based on data from MarketBeat, the company has an average rating of "Hold" and a consensus price target of $20.90.

About Delek US

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.