Today’s Price Action: Delek US Holdings, Inc.’s Trend Up, Especially After Today’s Strong Session

Today's Price Action: Delek US Holdings, Inc.'s Trend Up, Especially After Today's Strong Session

The stock of Delek US Holdings, Inc. (NYSE:DK) is a huge mover today! About 1.58M shares traded hands or 89.93% up from the average. Delek US Holdings, Inc. (NYSE:DK) has risen 11.61% since April 27, 2016 and is uptrending. It has outperformed by 6.38% the S&P500.
The move comes after 8 months positive chart setup for the $1.21 billion company. It was reported on Nov, 30 by Barchart.com. We have $21.97 PT which if reached, will make NYSE:DK worth $108.90 million more.

Analysts await Delek US Holdings, Inc. (NYSE:DK) to report earnings on February, 23. They expect $-0.46 earnings per share, down 557.14% or $0.39 from last year’s $-0.07 per share. After $-0.18 actual earnings per share reported by Delek US Holdings, Inc. for the previous quarter, Wall Street now forecasts 155.56% negative EPS growth.

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

Out of 15 analysts covering Delek US Holdings (NYSE:DK), 4 rate it a “Buy”, 0 “Sell”, while 11 “Hold”. This means 27% are positive. Delek US Holdings has been the topic of 33 analyst reports since July 24, 2015 according to StockzIntelligence Inc. The firm has “Market Perform” rating given on Wednesday, September 21 by Wells Fargo. The firm has “Outperform” rating given on Thursday, November 5 by RBC Capital Markets. As per Tuesday, January 26, the company rating was maintained by Deutsche Bank. As per Monday, October 10, the company rating was maintained by . The stock of Delek US Holdings, Inc. (NYSE:DK) has “Equal-Weight” rating given on Wednesday, July 13 by Barclays Capital. Credit Suisse downgraded the stock to “Neutral” rating in Tuesday, October 11 report. RBC Capital Markets maintained Delek US Holdings, Inc. (NYSE:DK) on Friday, August 5 with “Outperform” rating. The company was downgraded on Monday, July 11 by JP Morgan. The stock of Delek US Holdings, Inc. (NYSE:DK) earned “Neutral” rating by Piper Jaffray on Monday, August 22. Wells Fargo upgraded the shares of DK in a report on Wednesday, October 7 to “Outperform” rating.

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 0.91 in 2016 Q2. Its down 0.27, from 1.18 in 2016Q1. The ratio is negative, 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.
Vanguard Gp last reported 0% of its portfolio in the stock. Luminus Management Ltd owns 221,205 shares or 0.08% of their US portfolio. Thomas White International Ltd accumulated 0% or 135 shares. Wasatch Advisors Inc last reported 135,330 shares in the company. The Connecticut-based Aqr Mngmt Limited Liability Company has invested 0% in Delek US Holdings, Inc. (NYSE:DK). Lucus Ltd Liability Company owns 26,072 shares or 0.28% of their US portfolio. The Illinois-based One Trading Limited Partnership has invested 0% in Delek US Holdings, Inc. (NYSE:DK). Ameriprise Financial Inc has 36,521 shares for 0% of their US portfolio. State Board Of Administration Of Florida Retirement System holds 0% of its portfolio in Delek US Holdings, Inc. (NYSE:DK) for 28,653 shares. Financial Bank Of Montreal Can holds 18,583 shares or 0% of its portfolio. The Sweden-based Nordea Invest Mgmt Ab has invested 0% in Delek US Holdings, Inc. (NYSE:DK). Metropolitan Life Insurance Company Ny has invested 0% of its portfolio in Delek US Holdings, Inc. (NYSE:DK). Moreover, Teachers Inc has 0.01% invested in Delek US Holdings, Inc. (NYSE:DK) for 420,545 shares. Panagora Asset, a Massachusetts-based fund reported 1,483 shares. Moreover, Laurion Cap Limited Partnership has 0% invested in Delek US Holdings, Inc. (NYSE:DK) for 4,000 shares.

More news for Delek US Holdings, Inc. (NYSE:DK) were recently published by: Globenewswire.com, which released: “Delek US Holdings to Participate in the Bank of America Merrill Lynch Global …” on November 14, 2016. Globenewswire.com‘s article titled: “Delek US Holdings Comments on Colonial Outage” and published on November 01, 2016 is yet another important article.

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.

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