How Analysts Feel About Delek US Holdings, Inc. After Today’s Bullish Options Activity?

 How Analysts Feel About Delek US Holdings, Inc. After Today's Bullish Options Activity?

In today’s session Delek US Holdings, Inc. (DK) registered an unusually high (505) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the January, 2017 call, expecting serious DK increase. With 505 contracts traded and 714 open interest for the Jan, 17 contract, it seems this is a quite bullish bet. The option with symbol: DK170120C00020000 closed last at: $0.85 or 6.2% up. About 65,346 shares traded hands. Delek US Holdings, Inc. (NYSE:DK) has risen 13.87% since March 16, 2016 and is uptrending. It has outperformed by 8.33% the S&P500.

Analysts await Delek US Holdings, Inc. (NYSE:DK) to report earnings on November, 1. They expect $-0.06 EPS, down 107.50% or $0.86 from last year’s $0.8 per share. After $-0.08 actual EPS reported by Delek US Holdings, Inc. for the previous quarter, Wall Street now forecasts -25.00% EPS growth.

Delek US Holdings, Inc. (NYSE:DK) Ratings Coverage

Out of 14 analysts covering Delek US Holdings (NYSE:DK), 4 rate it a “Buy”, 0 “Sell”, while 10 “Hold”. This means 29% are positive. $48 is the highest target while $12 is the lowest. The $22.09 average target is 29.79% above today’s ($17.02) stock price. Delek US Holdings has been the topic of 32 analyst reports since July 24, 2015 according to StockzIntelligence Inc. Piper Jaffray maintained the shares of DK in a report on Monday, August 22 with “Neutral” rating. The rating was initiated by Macquarie Research with “Outperform” on Friday, July 24. The firm has “Outperform” rating given on Monday, April 11 by Credit Suisse. On Wednesday, July 13 the stock rating was downgraded by Barclays Capital to “Equal-Weight”. The firm has “Market Perform” rating given on Wednesday, September 21 by Wells Fargo. The firm earned “Overweight” rating on Tuesday, January 12 by Barclays Capital. The rating was maintained by on Monday, October 10 with “Equal-Weight”. Credit Suisse downgraded the stock to “Neutral” rating in Tuesday, October 11 report. Wells Fargo upgraded Delek US Holdings, Inc. (NYSE:DK) on Wednesday, October 7 to “Outperform” rating. As per Monday, July 11, the company rating was downgraded by JP Morgan.

According to Zacks Investment Research, “DELEK US HOLDINGS, INC. is a diversified energy business focused on petroleum refining, marketing and supply of refined products, and retail marketing of fuel and general merchandise.”

Insitutional Activity: The institutional sentiment decreased to 1.18 in 2016 Q2. Its down 0.42, from 1.6 in 2016Q1. The ratio dropped, as 32 funds sold all Delek US Holdings, Inc. shares owned while 41 reduced positions. 27 funds bought stakes while 59 increased positions. They now own 55.59 million shares or 6.43% more from 52.23 million shares in 2016Q1.
Bnp Paribas Arbitrage Sa accumulated 0% or 45,789 shares. Bank Of Montreal Can has 0% invested in the company for 18,583 shares. Tower Rech Capital Lc (Trc) has invested 0.01% of its portfolio in Delek US Holdings, Inc. (NYSE:DK). Gsa Prtnrs Llp holds 101,710 shares or 0.07% of its portfolio. Deutsche Savings Bank Ag reported 175,824 shares or 0% of all its holdings. Ameriprise Financial holds 0% or 36,521 shares in its portfolio. Nomura Asset Management has 0% invested in the company for 3,100 shares. Wasatch Advisors Incorporated accumulated 0.03% or 135,330 shares. Us National Bank De has 0% invested in the company for 23,485 shares. Perkins Mngmt Lc has invested 0.27% of its portfolio in Delek US Holdings, Inc. (NYSE:DK). The Washington-based Parametric Associates Limited Liability Co has invested 0% in Delek US Holdings, Inc. (NYSE:DK). Blackrock Ltd Liability Com has 28,481 shares for 0% of their US portfolio. Smith Asset Mgmt Gru L P reported 720 shares or 0% of all its holdings. Kcg Holdg Inc accumulated 13,637 shares or 0% of the stock. Canada Pension Plan Board accumulated 0% or 63,700 shares.

Delek US Holdings, Inc. is an integrated energy business focused on petroleum refining, the transportation, storage and wholesale of crude oil, intermediate and refined products and convenience store retailing. The company has a market cap of $1.06 billion. The Firm operates through three divisions: Refining, Logistics and Retail. It currently has negative earnings. The Company’s Refining Segment operates independent refineries in Tyler, Texas, and El Dorado, Arkansas with a combined design crude distillation capacity of approximately 155,000 barrels per day .

DK Company Profile

Delek US Holdings, Inc., incorporated on April 10, 2001, is an integrated energy business focused on petroleum refining, the transportation, storage and wholesale of crude oil, intermediate and refined products and convenience store retailing. The Firm operates through three divisions: Refining, Logistics and Retail.

More news for Delek US Holdings, Inc. (NYSE:DK) were recently published by: Streetinsider.com, which released: “Delek US Holdings (DK) Proposes to Acquire Remaining Alon USA Energy (ALJ) Stock” on October 14, 2016. Businesswire.com‘s article titled: “Delek US Holdings to Host Third Quarter 2016 Conference Call on November 1” and published on September 23, 2016 is yet another important article.

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