Atlas Air Worldwide Holdings, Inc. (AAWW) Holdings Lifted by US Bancorp DE

US Bancorp DE lifted its position in Atlas Air Worldwide Holdings, Inc. (NASDAQ:AAWW) by 101.5% in the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 13,975 shares of the transportation company’s stock after acquiring an additional 7,041 shares during the period. US Bancorp DE’s holdings in Atlas Air Worldwide were worth $891,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Emerald Mutual Fund Advisers Trust boosted its stake in Atlas Air Worldwide by 33.8% during the 3rd quarter. Emerald Mutual Fund Advisers Trust now owns 369,446 shares of the transportation company’s stock valued at $23,552,000 after purchasing an additional 93,254 shares during the last quarter. Atwood & Palmer Inc. boosted its stake in Atlas Air Worldwide by 1.0% during the 3rd quarter. Atwood & Palmer Inc. now owns 195,615 shares of the transportation company’s stock valued at $12,470,000 after purchasing an additional 2,025 shares during the last quarter. Oppenheimer & Co. Inc. boosted its stake in Atlas Air Worldwide by 466.1% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 21,910 shares of the transportation company’s stock valued at $1,397,000 after purchasing an additional 18,040 shares during the last quarter. James Investment Research Inc. boosted its stake in Atlas Air Worldwide by 23.1% during the 3rd quarter. James Investment Research Inc. now owns 72,490 shares of the transportation company’s stock valued at $4,621,000 after purchasing an additional 13,615 shares during the last quarter. Finally, Cubic Asset Management LLC boosted its stake in Atlas Air Worldwide by 1.6% during the 3rd quarter. Cubic Asset Management LLC now owns 73,585 shares of the transportation company’s stock valued at $4,691,000 after purchasing an additional 1,150 shares during the last quarter.

Several analysts have commented on the company. ValuEngine downgraded Atlas Air Worldwide from a “hold” rating to a “sell” rating in a research note on Friday, August 3rd. Susquehanna Bancshares set a $77.00 target price on Atlas Air Worldwide and gave the company a “buy” rating in a research note on Friday, August 3rd. BidaskClub downgraded Atlas Air Worldwide from a “sell” rating to a “strong sell” rating in a research note on Wednesday, August 8th. Wolfe Research downgraded Atlas Air Worldwide from a “peer perform” rating to an “underperform” rating in a research note on Friday, October 5th. Finally, Deutsche Bank initiated coverage on Atlas Air Worldwide in a research note on Tuesday, September 4th. They issued a “buy” rating and a $76.00 price target on the stock. Three research analysts have rated the stock with a sell rating and six have issued a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $72.67.

Shares of Atlas Air Worldwide stock opened at $50.35 on Friday. Atlas Air Worldwide Holdings, Inc. has a one year low of $48.19 and a one year high of $75.29. The firm has a market capitalization of $1.29 billion, a P/E ratio of 10.21 and a beta of 1.52. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 1.23.

Atlas Air Worldwide (NASDAQ:AAWW) last announced its earnings results on Thursday, November 1st. The transportation company reported $1.54 EPS for the quarter, topping the Zacks’ consensus estimate of $1.36 by $0.18. Atlas Air Worldwide had a return on equity of 10.20% and a net margin of 10.59%. The company had revenue of $656.61 million for the quarter, compared to analysts’ expectations of $664.70 million. During the same period last year, the firm earned $1.08 EPS. Atlas Air Worldwide’s revenue for the quarter was up 22.6% compared to the same quarter last year. As a group, analysts forecast that Atlas Air Worldwide Holdings, Inc. will post 7.05 earnings per share for the current year.

COPYRIGHT VIOLATION WARNING: This piece was first published by WKRB News and is the sole property of of WKRB News. If you are reading this piece on another site, it was copied illegally and reposted in violation of international copyright law. The correct version of this piece can be viewed at https://www.wkrb13.com/2018/11/23/atlas-air-worldwide-holdings-inc-aaww-holdings-lifted-by-us-bancorp-de.html.

Atlas Air Worldwide Company Profile

Atlas Air Worldwide Holdings, Inc, through its subsidiaries, provides outsourced aircraft and aviation operating services worldwide. It operates through three segments: ACMI, Charter, and Dry Leasing. The company offers outsourced cargo and passenger aircraft operating solutions comprising contractual service arrangements, which include the provision of aircraft; and value-added services, such as crew, maintenance, and insurance to aircraft and other customers.

See Also: What is the quiet period?

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).

Institutional Ownership by Quarter for Atlas Air Worldwide (NASDAQ:AAWW)

Receive News & Ratings for Atlas Air Worldwide Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Atlas Air Worldwide and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply