Thrivent Financial For Lutherans Boosts Position in Atlas Air Worldwide Holdings (AAWW)

Thrivent Financial For Lutherans boosted its holdings in Atlas Air Worldwide Holdings (NASDAQ:AAWW) by 6.5% during the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 15,200 shares of the transportation company’s stock after buying an additional 930 shares during the period. Thrivent Financial For Lutherans owned approximately 0.06% of Atlas Air Worldwide Holdings worth $793,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Ameritas Investment Partners Inc. purchased a new position in Atlas Air Worldwide Holdings in the first quarter valued at approximately $107,000. State of Alaska Department of Revenue raised its holdings in Atlas Air Worldwide Holdings by 80.0% in the second quarter. State of Alaska Department of Revenue now owns 4,985 shares of the transportation company’s stock valued at $259,000 after buying an additional 2,215 shares during the period. KCG Holdings Inc. raised its holdings in Atlas Air Worldwide Holdings by 20.5% in the first quarter. KCG Holdings Inc. now owns 4,998 shares of the transportation company’s stock valued at $277,000 after buying an additional 849 shares during the period. US Bancorp DE raised its holdings in Atlas Air Worldwide Holdings by 3.7% in the second quarter. US Bancorp DE now owns 5,548 shares of the transportation company’s stock valued at $289,000 after buying an additional 197 shares during the period. Finally, Municipal Employees Retirement System of Michigan raised its holdings in Atlas Air Worldwide Holdings by 1.2% in the first quarter. Municipal Employees Retirement System of Michigan now owns 5,710 shares of the transportation company’s stock valued at $317,000 after buying an additional 70 shares during the period. Hedge funds and other institutional investors own 96.41% of the company’s stock.

Shares of Atlas Air Worldwide Holdings (AAWW) opened at 65.10 on Wednesday. Atlas Air Worldwide Holdings has a 1-year low of $40.25 and a 1-year high of $68.70. The stock has a market cap of $1.64 billion, a price-to-earnings ratio of 27.82 and a beta of 1.40. The stock’s 50 day moving average is $66.04 and its 200-day moving average is $57.93.

Atlas Air Worldwide Holdings (NASDAQ:AAWW) last posted its earnings results on Wednesday, August 2nd. The transportation company reported $1.09 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.85 by $0.24. Atlas Air Worldwide Holdings had a return on equity of 8.11% and a net margin of 2.98%. The firm had revenue of $517.37 million during the quarter, compared to analyst estimates of $500.44 million. During the same period in the previous year, the company earned $0.80 EPS. The company’s revenue for the quarter was up 16.7% on a year-over-year basis. On average, analysts anticipate that Atlas Air Worldwide Holdings will post $4.83 EPS for the current year.

Several research analysts recently commented on AAWW shares. Zacks Investment Research upgraded shares of Atlas Air Worldwide Holdings from a “hold” rating to a “buy” rating and set a $74.00 price target on the stock in a report on Monday, August 7th. BidaskClub upgraded shares of Atlas Air Worldwide Holdings from a “hold” rating to a “buy” rating in a report on Wednesday, July 12th. Stifel Nicolaus restated a “hold” rating and issued a $69.00 price target on shares of Atlas Air Worldwide Holdings in a report on Tuesday, September 12th. Cowen and Company restated a “hold” rating and issued a $70.00 price target on shares of Atlas Air Worldwide Holdings in a report on Tuesday, September 5th. Finally, Susquehanna Bancshares Inc started coverage on shares of Atlas Air Worldwide Holdings in a report on Thursday, August 17th. They issued a “positive” rating and a $72.00 price target on the stock. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, three have given a buy rating and one has given a strong buy rating to the company. The company currently has an average rating of “Buy” and an average price target of $70.00.

In related news, Director Duncan J. Mcnabb sold 1,000 shares of the business’s stock in a transaction that occurred on Friday, August 11th. The stock was sold at an average price of $60.65, for a total value of $60,650.00. Following the completion of the sale, the director now directly owns 12,969 shares in the company, valued at approximately $786,569.85. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO William J. Flynn sold 5,000 shares of the business’s stock in a transaction that occurred on Monday, October 2nd. The stock was sold at an average price of $66.19, for a total value of $330,950.00. Following the completion of the sale, the chief executive officer now owns 191,958 shares of the company’s stock, valued at $12,705,700.02. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 36,000 shares of company stock valued at $2,252,800. Corporate insiders own 2.50% of the company’s stock.

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About Atlas Air Worldwide Holdings

Atlas Air Worldwide Holdings, Inc is a holding company. The Company provides outsourced aircraft and aviation operating services throughout the world, serving Africa, Asia, Australia, Europe, the Middle East, North America and South America through contractual service arrangements, including those through which it provides aircraft to customers and value-added services, including crew, maintenance and insurance (ACMI), as well as those through which it provides crew, maintenance and insurance, but not the aircraft (CMI); cargo and passenger charter services (Charter), and dry leasing aircraft and engines (Dry Leasing).

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

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