Latest Stocks: Strs Ohio Maintains Stake in Atlas Air Worldwide Holdings, Inc. (AAWW)

Latest Stocks: Strs Ohio Maintains Stake in Atlas Air Worldwide Holdings, Inc. (AAWW)

Strs Ohio held its position in shares of Atlas Air Worldwide Holdings, Inc. (NASDAQ:AAWW) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,800 shares of the transportation company’s stock at the end of the first quarter. Strs Ohio’s holdings in Atlas Air Worldwide Holdings were worth $432,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of AAWW. Gratus Capital LLC bought a new position in shares of Atlas Air Worldwide Holdings during the fourth quarter valued at $201,000. New York State Teachers Retirement System boosted its position in shares of Atlas Air Worldwide Holdings by 0.7% in the fourth quarter. New York State Teachers Retirement System now owns 14,820 shares of the transportation company’s stock valued at $773,000 after buying an additional 100 shares during the period. Pacad Investment Ltd. bought a new position in shares of Atlas Air Worldwide Holdings during the fourth quarter valued at $203,000. Royce & Associates LP boosted its position in shares of Atlas Air Worldwide Holdings by 16.2% in the fourth quarter. Royce & Associates LP now owns 340,775 shares of the transportation company’s stock valued at $17,771,000 after buying an additional 47,600 shares during the period. Finally, Systematic Financial Management LP boosted its position in shares of Atlas Air Worldwide Holdings by 49.4% in the fourth quarter. Systematic Financial Management LP now owns 602,823 shares of the transportation company’s stock valued at $31,437,000 after buying an additional 199,253 shares during the period. Institutional investors and hedge funds own 98.27% of the company’s stock.

Shares of Atlas Air Worldwide Holdings, Inc. (NASDAQ:AAWW) opened at 52.45 on Tuesday. The stock’s 50 day moving average price is $52.63 and its 200 day moving average price is $52.78. The stock has a market capitalization of $1.32 billion, a price-to-earnings ratio of 32.97 and a beta of 1.23. Atlas Air Worldwide Holdings, Inc. has a 12 month low of $34.22 and a 12 month high of $60.10.

Atlas Air Worldwide Holdings (NASDAQ:AAWW) last announced its quarterly earnings results on Wednesday, May 3rd. The transportation company reported $0.31 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.30 by $0.01. The firm had revenue of $475.40 million for the quarter, compared to the consensus estimate of $451.72 million. Atlas Air Worldwide Holdings had a return on equity of 0.01% and a net margin of 0.01%. The company’s quarterly revenue was up 13.6% on a year-over-year basis. During the same period in the prior year, the company posted $0.31 earnings per share. Analysts expect that Atlas Air Worldwide Holdings, Inc. will post $4.61 EPS for the current year.

Several equities analysts have weighed in on the company. Stifel Nicolaus cut Atlas Air Worldwide Holdings from a “buy” rating to a “hold” rating and set a $63.00 price objective on the stock. in a research note on Thursday, April 27th. They noted that the move was a valuation call. Zacks Investment Research cut Atlas Air Worldwide Holdings from a “hold” rating to a “sell” rating in a research note on Monday, May 1st. TheStreet upgraded Atlas Air Worldwide Holdings from a “c” rating to a “b” rating in a research note on Thursday, February 23rd. Cowen and Company restated a “market perform” rating and set a $60.00 price objective (up from $55.00) on shares of Atlas Air Worldwide Holdings in a research note on Friday, February 24th. Finally, Imperial Capital restated an “outperform” rating on shares of Atlas Air Worldwide Holdings in a research note on Friday, March 17th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $60.00.

In other news, CMO Michael Steen sold 23,387 shares of the company’s stock in a transaction on Thursday, April 20th. The stock was sold at an average price of $57.00, for a total transaction of $1,333,059.00. Following the transaction, the chief marketing officer now directly owns 39,291 shares of the company’s stock, valued at $2,239,587. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO William J. Flynn sold 5,000 shares of the company’s stock in a transaction on Monday, April 3rd. The shares were sold at an average price of $55.40, for a total value of $277,000.00. Following the transaction, the chief executive officer now directly owns 241,958 shares in the company, valued at $13,404,473.20. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 73,914 shares of company stock worth $4,222,860. Corporate insiders own 2.10% of the company’s stock. Atlas Air Worldwide Holdings Company Profile

Want to see what other hedge funds are holding AAWW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Atlas Air Worldwide Holdings, Inc. (NASDAQ:AAWW). Receive News & Ratings for Atlas Air Worldwide Holdings Inc. Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Atlas Air Worldwide Holdings Inc. and related companies with MarketBeat.com’s FREE daily email newsletter.

Want to see what other hedge funds are holding AAWW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Atlas Air Worldwide Holdings, Inc. (NASDAQ:AAWW).

Related posts

Leave a Comment