Renaissance Technologies LLC Increases Stake in China Southern Airlines Company Limited (ZNH)

Renaissance Technologies LLC grew its holdings in China Southern Airlines Company Limited (NYSE:ZNH) by 2.4% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 505,800 shares of the transportation company’s stock after buying an additional 11,900 shares during the quarter. Renaissance Technologies LLC owned approximately 0.26% of China Southern Airlines Company Limited worth $20,940,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. UBS Group AG boosted its holdings in China Southern Airlines Company Limited by 37,787.5% in the first quarter. UBS Group AG now owns 3,031 shares of the transportation company’s stock valued at $101,000 after acquiring an additional 3,023 shares during the last quarter. Profund Advisors LLC bought a new position in China Southern Airlines Company Limited in the second quarter valued at about $215,000. Credit Suisse AG bought a new position in China Southern Airlines Company Limited in the first quarter valued at about $292,000. Karp Capital Management Corp bought a new position in China Southern Airlines Company Limited in the first quarter valued at about $381,000. Finally, Envestnet Asset Management Inc. boosted its holdings in China Southern Airlines Company Limited by 4.2% in the first quarter. Envestnet Asset Management Inc. now owns 13,959 shares of the transportation company’s stock valued at $464,000 after acquiring an additional 566 shares during the last quarter. Institutional investors own 0.45% of the company’s stock.

Separately, BidaskClub cut China Southern Airlines Company Limited from a “strong-buy” rating to a “buy” rating in a report on Wednesday, July 12th.

China Southern Airlines Company Limited (NYSE ZNH) opened at 35.28 on Thursday. The company has a market cap of $6.93 billion, a PE ratio of 9.80 and a beta of 1.09. China Southern Airlines Company Limited has a 12-month low of $25.60 and a 12-month high of $43.35. The company has a 50-day moving average price of $37.25 and a 200 day moving average price of $37.45.

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China Southern Airlines Company Limited Profile

China Southern Airlines Company Limited is principally engaged in the operation of civil aviation, including the provision of passenger, cargo, mail delivery and other extended transportation services. The Company operates through two business segments, including Airline Transportation segment and Other segment.

Institutional Ownership by Quarter for China Southern Airlines Company Limited (NYSE:ZNH)

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