Delek Logistics Partners (DKL) News Today

Delek Logistics Partners (NYSE:DKL) Sees Strong Trading Volume

Delek Logistics Partners (NYSE:DKL - Get Free Report) announced its quarterly earnings data on Tuesday. The oil and gas producer reported $0.87 earnings per share for the quarter, beating analysts' consensus estimates of $0.81 by $0.06. The company had revenue of $264.63 million during the quarter, compared to analyst estimates of $257.17 million. Delek Logistics Partners had a net margin of 11.81% and a negative return on equity of 115.32%. During the same quarter last year, the business posted $0.73 EPS.

Westwood Holdings Group Inc. acquired a new position in shares of Delek Logistics Partners, LP (NYSE:DKL - Free Report) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 308,754 shares of

Delek Logistics Partners, LP (NYSE:DKL - Get Free Report) saw a large decline in short interest in July. As of July 15th, there was short interest totalling 652,600 shares, a decline of 5.0% from the June 30th total of 687,000 shares. Based on an average trading volume of 93,500 shares, the days-to-cover ratio is presently 7.0 days. Approximately 5.3% of the company's shares are short sold.

GSA Capital Partners LLP raised its holdings in Delek Logistics Partners, LP (NYSE:DKL - Free Report) by 263.8% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 37,535 shares of the oil and gas producer's

Mirae Asset Global Investments Co. Ltd. boosted its position in shares of Delek Logistics Partners, LP (NYSE:DKL - Free Report) by 205.8% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,

StockNews.com downgraded shares of Delek Logistics Partners from a "buy" rating to a "hold" rating in a report on Friday.

Delek Logistics Partners, LP (NYSE:DKL) declared a quarterly dividend on Thursday, April 25th. Shareholders of record on Wednesday, May 8th will be paid a dividend of 1.025 per share by the oil and gas producer on Wednesday, May 15th. This represents a $4.10 dividend on an annualized basis and a yield of 10.21%. The ex-dividend date is Tuesday, May 7th. This is an increase from Delek Logistics Partners's previous quarterly dividend of $0.25.

Truist Financial started coverage on Delek Logistics Partners in a research report on Friday. They set a "buy" rating and a $46.00 price objective for the company.

Mirae Asset Global Investments Co. Ltd. increased its holdings in Delek Logistics Partners, LP (NYSE:DKL - Free Report) by 245.4% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 484,826 shares of the oil an

StockNews.com raised shares of Delek Logistics Partners from a "hold" rating to a "buy" rating in a research report on Tuesday.

Delek Logistics Partners (NYSE:DKL) Shares Cross Below Two Hundred Day Moving Average of $44.54

Delek Logistics Partners, LP (NYSE:DKL - Get Free Report) was the target of a large increase in short interest in March. As of March 15th, there was short interest totalling 49,700 shares, an increase of 58.8% from the February 29th total of 31,300 shares. Currently, 0.5% of the shares of the stock are short sold. Based on an average daily trading volume, of 67,000 shares, the days-to-cover ratio is currently 0.7 days.

Delek Logistics Partners (NYSE:DKL) Sees Unusually-High Trading Volume