Media stories about Delek Logistics Partners (NYSE:DKL) have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group identifies negative and positive press coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Delek Logistics Partners earned a news sentiment score of 0.16 on Accern’s scale. Accern also assigned news coverage about the oil and gas producer an impact score of 46.2818833459394 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
DKL has been the topic of several research reports. Zacks Investment Research upgraded shares of Delek Logistics Partners from a “hold” rating to a “buy” rating and set a $36.00 price objective on the stock in a report on Tuesday, January 2nd. ValuEngine lowered shares of Delek Logistics Partners from a “buy” rating to a “hold” rating in a report on Friday, February 2nd. Finally, Barclays dropped their price objective on shares of Delek Logistics Partners from $33.00 to $32.00 and set an “equal weight” rating on the stock in a report on Friday, November 10th. Three research analysts have rated the stock with a sell rating and two have given a hold rating to the company’s stock. The company has a consensus rating of “Sell” and an average target price of $33.67.
Delek Logistics Partners (NYSE DKL) opened at $30.20 on Wednesday. Delek Logistics Partners has a fifty-two week low of $26.80 and a fifty-two week high of $35.54. The firm has a market cap of $774.33, a PE ratio of 15.18, a PEG ratio of 2.16 and a beta of 1.15. The company has a current ratio of 1.19, a quick ratio of 0.92 and a debt-to-equity ratio of -15.58.
The business also recently disclosed a dividend, which was paid on Monday, February 12th. Stockholders of record on Friday, February 2nd were issued a dividend of $0.725 per share. The ex-dividend date was Thursday, February 1st. This represents a dividend yield of 0.0224806201550388%. This is a positive change from Delek Logistics Partners’s previous dividend of $0.51. Delek Logistics Partners’s dividend payout ratio is currently 145.73%.
In related news, CEO Ezra Uzi Yemin acquired 7,000 shares of the company’s stock in a transaction dated Tuesday, February 6th. The shares were purchased at an average price of $29.94 per share, for a total transaction of $209,580.00. Following the completion of the acquisition, the chief executive officer now owns 228,070 shares of the company’s stock, valued at $6,828,415.80. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website.
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Delek Logistics Partners Company Profile
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.
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