Filing to Follow: Alon Usa Energy, Inc: Delek Us Holdings, Inc Opened Big New Position

Filing to Follow: Alon Usa Energy, Inc: Delek Us Holdings, Inc Opened Big New Position

The New Delek Us Holdings, Inc Holding in Alon Usa Energy, Inc

Delek Us Holdings, Inc filed with the SEC SC 13D/A form for Alon Usa Energy, Inc. The form can be accessed here: 000135154116000293. As reported in Delek Us Holdings, Inc’s form, the filler as of late owns 47.2% or 33,691,292 shares of the Energy–company.

Alon Usa Energy, Inc stake is a new one for the and it was filed because of activity on October 14, 2016. We feel this shows Delek Us Holdings, Inc’s positive view for the stock.

Alon Usa Energy, Inc Institutional Sentiment

Latest Security and Exchange filings show 166 investors own Alon Usa Energy, Inc. The institutional ownership in Q3 2015 is high, at 70.54% of the outstanding shares. This is increased by 9784339 the total institutional shares. 50372889 were the shares owned by these institutional investors. In total 41 funds opened new Alon Usa Energy, Inc stakes, 75 increased stakes. There were 14 that closed positions and 35 reduced them.

2 managers had the stock in their top Ten. Notable investors are: .

Kennedy Capital Management Inc is an institutional investor bullish on Alon Usa Energy, Inc, owning 1120927 shares as of Q3 2015 for 0.41% of its portfolio. Overbrook Management Corp owns 456869 shares or 1.27% of its portfolio. U0 Invictus Rg Pte Ltd have 0.75% of their stock portfolio for 44327 shares. Further, Strategic Investment Management Llc reported stake worth 0.19% of its US stock portfolio. The CA Menta Capital Llc owns 180456 shares. Alon Usa Energy, Inc is 0.51% of the manager’s US portfolio.

Business Profile

Alon USA Energy, Inc. is an independent refiner and marketer of petroleum products, operating primarily in the South Central, Southwestern and Western regions of the United States. The Company operates through three segments: refining and marketing, asphalt and retail. Its refineries produce petroleum products, including various grades of gasoline, diesel fuel, jet fuel, petrochemicals, petrochemical feedstocks, asphalt and other petroleum-based products. The Company holds interests in Alon USA Partners, LP, which owns a crude oil refinery in Big Spring, Texas. The Company’s refining and marketing segment includes sour crude oil refinery located in Big Spring, Texas, a light sweet crude oil refinery located in Krotz Springs, Louisiana and heavy crude oil refineries located in Paramount, Bakersfield and Long Beach, California (California refineries). It owns or operates approximately 10 asphalt terminals. It operates approximately 310 owned and leased convenience store sites.

SEC Form 13D is filed within 10 days, by anyone who acquires beneficial ownership of 5%+ of any public firm. Activist investors and practices such as: company breakups, hostile takeovers, and change of control events, are permitted for this form filers. A filer must promptly update its 13D filing in case of acquisition or disposition of 1% or more of the securities that are the subject of the filing.

Insitutional Activity: The institutional sentiment increased to 0.94 in Q2 2016. Its up 0.13, from 0.81 in 2016Q1. The ratio improved, as 25 funds sold all Alon USA Energy, Inc. shares owned while 47 reduced positions. 23 funds bought stakes while 45 increased positions. They now own 35.58 million shares or 21.87% less from 45.53 million shares in 2016Q1.

Comerica Securities owns 10,389 shares or 0.04% of their US portfolio. Blackrock accumulated 8,859 shares or 0% of the stock. Janus Lc has 23,200 shares for 0% of their US portfolio. Fincl Bank Of Montreal Can has 0% invested in the company for 360,655 shares. Metropolitan Life Ins Com Ny accumulated 0% or 27,066 shares. Prudential Financial last reported 0.01% of its portfolio in the stock. Moreover, Pub Employees Retirement Association Of Colorado has 0% invested in Alon USA Energy, Inc. (NYSE:ALJ) for 13,383 shares. Alliancebernstein Limited Partnership accumulated 53,400 shares or 0% of the stock. Price T Rowe Assocs Inc Md last reported 16,204 shares in the company. Keeley Asset Management accumulated 0.06% or 206,265 shares. Moreover, Geode Capital Mngmt Llc has 0% invested in Alon USA Energy, Inc. (NYSE:ALJ) for 257,434 shares. California Employees Retirement System holds 109,500 shares or 0% of its portfolio. Royal Commercial Bank Of Canada has 1,615 shares for 0% of their US portfolio. Engineers Gate Manager L P holds 0.07% or 149,895 shares in its portfolio. Deprince Race Zollo holds 622,086 shares or 0.08% of its portfolio.

Insider Transactions: Since May 10, 2016, the stock had 1 buy, and 10 insider sales for $5.02 million net activity. $527,250 worth of shares were sold by Wiessman David on Tuesday, August 9. Oster Michael had sold 18,500 shares worth $135,648. $174,148 worth of Alon USA Energy, Inc. (NYSE:ALJ) shares were sold by Morris Jeff D. Shares for $15,820 were bought by Wheeler Franklin R..

Analysts await Alon USA Energy, Inc. (NYSE:ALJ) to report earnings on November, 7. They expect $-0.07 earnings per share, down 111.67% or $0.67 from last year’s $0.6 per share. After $-0.21 actual earnings per share reported by Alon USA Energy, Inc. for the previous quarter, Wall Street now forecasts -66.67% EPS growth.

The stock decreased 3.59% or $0.32 during the last trading session, hitting $8.6. Alon USA Energy, Inc. (NYSE:ALJ) has declined 24.69% since March 11, 2016 and is downtrending. It has underperformed by 30.15% the S&P500.

Alon USA Energy, Inc. is an independent refiner and marketer of petroleum products, operating primarily in the South Central, Southwestern and Western regions of the United States. The company has a market cap of $603.98 million. The Firm operates through three divisions: refining and marketing, asphalt and retail. It currently has negative earnings. The Company’s refineries produce petroleum products, including various grades of gasoline, diesel fuel, jet fuel, petrochemicals, petrochemical feedstocks, asphalt and other petroleum products.

Alon USA Energy, Inc. (NYSE:ALJ) Ratings Coverage

Out of 7 analysts covering Alon USA Energy (NYSE:ALJ), 2 rate it a “Buy”, 1 “Sell”, while 4 “Hold”. This means 29% are positive. $24.0 is the highest target while $5 is the lowest. The $13.50 average target is 56.98% above today’s ($8.6) stock price. Alon USA Energy has been the topic of 17 analyst reports since July 24, 2015 according to StockzIntelligence Inc. On Tuesday, January 12 the stock rating was maintained by Barclays Capital with “Underweight”. The stock has “Underweight” rating given by Piper Jaffray on Friday, September 16. The stock of Alon USA Energy, Inc. (NYSE:ALJ) earned “Equal-Weight” rating by Barclays Capital on Monday, October 12. The firm has “Overweight” rating by Barclays Capital given on Wednesday, August 5. The firm has “Underweight” rating given on Monday, August 22 by Piper Jaffray. The stock of Alon USA Energy, Inc. (NYSE:ALJ) has “Hold” rating given on Friday, August 7 by Zacks. JP Morgan maintained Alon USA Energy, Inc. (NYSE:ALJ) on Friday, June 10 with “Neutral” rating. The rating was initiated by JP Morgan on Friday, September 11 with “Neutral”. As per Wednesday, September 14, the company rating was initiated by Citigroup. The company was maintained on Monday, October 10 by .

Another recent and important Alon USA Energy, Inc. (NYSE:ALJ) news was published by Prnewswire.com which published an article titled: “Alon USA Energy Announces Third Quarter 2016 Earnings Release And Conference …” on September 27, 2016.

According to Zacks Investment Research, “Alon USA Energy, Inc. is an independent refiner and marketer of petroleum products, operating primarily in the Southwestern and South Central regions of the United States. Alon markets gasoline and diesel products under the FINA brand name and is a leading producer of asphalt in the State of Texas. The Company also operates convenience stores in West Texas and New Mexico under the 7-Eleven and FINA brand names and supplies motor fuels to these stores from its Big Spring refinery.”

ALJ Company Profile

Alon USA Energy, Inc., incorporated on July 20, 2000, is an independent refiner and marketer of petroleum products, operating primarily in the South Central, Southwestern and Western regions of the United States. The Firm operates through three divisions: refining and marketing, asphalt and retail. The Company’s refineries produce petroleum products, including various grades of gasoline, diesel fuel, jet fuel, petrochemicals, petrochemical feedstocks, asphalt and other petroleum products. The Firm holds interests in Alon USA Partners, LP, which owns a crude oil refinery in Big Spring, Texas, with a crude oil throughput capacity of approximately 73,000 barrels per day and an integrated wholesale marketing business. In addition, it owns a crude oil refinery in Krotz Springs, Louisiana, with a crude oil throughput capacity of approximately 74,000 barrels per day (bpd). The Firm also owns crude oil refineries in California.

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