Delek Logistics (DKL) Soars 4.53% in Three Days as Cetera Boosts Holdings 31.8%

Delek Logistics (DKL) shares surged 0.81% today, marking the third consecutive day of gains, with a cumulative increase of 4.53% over the past three days. The stock price reached its highest level since April 2025, with an intraday gain of 1.52%.

The strategy of buying DKL shares after they reached a recent high and holding for one week resulted in a 71.86% return, slightly underperforming the benchmark's 87.89% return over the same period. The strategy's Sharpe ratio was 0.30, indicating moderate returns relative to risk, with a maximum drawdown of -42.44% and a volatility of 38.40%.

Cetera Investment Advisers has significantly increased its holdings in Delek Logistics Partners, LP (NYSE:DKL) by 31.8% in the fourth quarter. This substantial increase in holdings by a prominent financial advisory firm suggests a growing investor confidence in the company, which could positively influence the stock price of DKL.