Delek Logistics Partners LP (NYSE:DKL) major shareholder Delek Us Holdings, Inc. bought 5,400 shares of the business’s stock in a transaction on Thursday, April 20th. The stock was purchased at an average price of $31.19 per share, with a total value of $168,426.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Major shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

Delek Us Holdings, Inc. also recently made the following trade(s):

  • On Monday, April 17th, Delek Us Holdings, Inc. bought 7,500 shares of Delek Logistics Partners stock. The stock was purchased at an average price of $31.60 per share, with a total value of $237,000.00.
  • On Tuesday, April 11th, Delek Us Holdings, Inc. bought 4,300 shares of Delek Logistics Partners stock. The stock was purchased at an average price of $31.69 per share, with a total value of $136,267.00.
  • On Thursday, April 6th, Delek Us Holdings, Inc. bought 5,100 shares of Delek Logistics Partners stock. The stock was purchased at an average price of $31.53 per share, with a total value of $160,803.00.
  • On Monday, April 3rd, Delek Us Holdings, Inc. bought 8,800 shares of Delek Logistics Partners stock. The stock was purchased at an average price of $32.69 per share, with a total value of $287,672.00.
  • On Tuesday, March 28th, Delek Us Holdings, Inc. bought 2,100 shares of Delek Logistics Partners stock. The stock was purchased at an average price of $32.15 per share, with a total value of $67,515.00.
  • On Monday, March 27th, Delek Us Holdings, Inc. bought 3,900 shares of Delek Logistics Partners stock. The stock was purchased at an average price of $31.72 per share, with a total value of $123,708.00.
  • On Wednesday, March 29th, Delek Us Holdings, Inc. bought 6,926 shares of Delek Logistics Partners stock. The stock was purchased at an average price of $31.87 per share, with a total value of $220,731.62.
  • On Friday, March 24th, Delek Us Holdings, Inc. bought 11,597 shares of Delek Logistics Partners stock. The stock was purchased at an average price of $30.54 per share, with a total value of $354,172.38.
  • On Monday, March 20th, Delek Us Holdings, Inc. bought 3,296 shares of Delek Logistics Partners stock. The stock was purchased at an average price of $30.07 per share, with a total value of $99,110.72.
  • On Friday, March 17th, Delek Us Holdings, Inc. bought 11,574 shares of Delek Logistics Partners stock. The stock was purchased at an average price of $29.39 per share, with a total value of $340,159.86.

Shares of Delek Logistics Partners LP (NYSE:DKL) traded up 0.64% during midday trading on Friday, hitting $31.45. The stock had a trading volume of 13,474 shares. The stock has a 50-day moving average of $31.08 and a 200 day moving average of $29.30. Delek Logistics Partners LP has a 52 week low of $21.30 and a 52 week high of $36.05. The stock has a market cap of $765.12 million, a PE ratio of 15.14 and a beta of 1.40.

Delek Logistics Partners (NYSE:DKL) last issued its quarterly earnings data on Monday, February 27th. The oil and gas producer reported $0.47 EPS for the quarter, missing analysts’ consensus estimates of $0.48 by $0.01. Delek Logistics Partners had a negative return on equity of 554.90% and a net margin of 14.52%. The company had revenue of $124.70 million for the quarter, compared to analyst estimates of $111.47 million. During the same quarter in the previous year, the business earned $0.55 earnings per share. The company’s revenue was up 14.5% on a year-over-year basis. Analysts anticipate that Delek Logistics Partners LP will post $2.30 EPS for the current fiscal year.

Insider Buying and Selling by Quarter for Delek Logistics Partners (NYSE:DKL)

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Several large investors have recently modified their holdings of the company. HITE Hedge Asset Management LLC raised its stake in shares of Delek Logistics Partners by 10.5% in the fourth quarter. HITE Hedge Asset Management LLC now owns 237,341 shares of the oil and gas producer’s stock worth $6,776,000 after buying an additional 22,600 shares during the last quarter. BP Capital Fund Advisors LLC raised its stake in shares of Delek Logistics Partners by 7.4% in the third quarter. BP Capital Fund Advisors LLC now owns 74,441 shares of the oil and gas producer’s stock worth $2,128,000 after buying an additional 5,101 shares during the last quarter. Homrich & Berg raised its stake in shares of Delek Logistics Partners by 4.0% in the third quarter. Homrich & Berg now owns 44,031 shares of the oil and gas producer’s stock worth $1,258,000 after buying an additional 1,693 shares during the last quarter. HighTower Advisors LLC bought a new stake in shares of Delek Logistics Partners during the third quarter worth approximately $934,000. Finally, GSA Capital Partners LLP raised its stake in shares of Delek Logistics Partners by 45.7% in the fourth quarter. GSA Capital Partners LLP now owns 16,600 shares of the oil and gas producer’s stock worth $474,000 after buying an additional 5,205 shares during the last quarter. Institutional investors and hedge funds own 30.13% of the company’s stock.

DKL has been the subject of a number of research analyst reports. Zacks Investment Research upgraded Delek Logistics Partners from a “hold” rating to a “buy” rating and set a $38.00 target price for the company in a research report on Tuesday, January 17th. Scotiabank restated a “hold” rating and issued a $33.00 target price on shares of Delek Logistics Partners in a research report on Thursday, March 23rd. Five analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Delek Logistics Partners has an average rating of “Hold” and a consensus target price of $32.80.

About Delek Logistics Partners

Delek Logistics Partners, LP owns and operates logistics and marketing assets for crude oil, and intermediate and refined products. The Company’s business primarily consists of certain crude oil, intermediate and refined products pipelines and transportation, storage, wholesale marketing, terminaling and offloading assets, which were previously owned, operated or held by Delek US Holdings, Inc (Delek), and assets acquired from unrelated third parties.

5 Day Chart for NYSE:DKL

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