Atlas Air Worldwide Holdings, Inc. (AAWW) Stake Lowered by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP lessened its position in Atlas Air Worldwide Holdings, Inc. (NASDAQ:AAWW) by 0.7% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 2,114,932 shares of the transportation company’s stock after selling 15,918 shares during the period. Dimensional Fund Advisors LP owned about 8.37% of Atlas Air Worldwide worth $139,163,000 as of its most recent filing with the SEC.

Several other large investors have also recently modified their holdings of the company. Vanguard Group Inc. lifted its position in Atlas Air Worldwide by 3.7% during the 2nd quarter. Vanguard Group Inc. now owns 2,277,414 shares of the transportation company’s stock worth $118,767,000 after buying an additional 81,672 shares in the last quarter. FMR LLC lifted its position in Atlas Air Worldwide by 22.7% during the 2nd quarter. FMR LLC now owns 1,378,443 shares of the transportation company’s stock worth $71,886,000 after buying an additional 254,743 shares in the last quarter. LSV Asset Management lifted its position in Atlas Air Worldwide by 6.0% during the 2nd quarter. LSV Asset Management now owns 835,583 shares of the transportation company’s stock worth $43,575,000 after buying an additional 47,661 shares in the last quarter. Systematic Financial Management LP lifted its position in Atlas Air Worldwide by 18.4% during the 2nd quarter. Systematic Financial Management LP now owns 706,389 shares of the transportation company’s stock worth $36,838,000 after buying an additional 109,940 shares in the last quarter. Finally, Towle & Co. lifted its position in Atlas Air Worldwide by 3.6% during the 3rd quarter. Towle & Co. now owns 684,333 shares of the transportation company’s stock worth $45,029,000 after buying an additional 23,575 shares in the last quarter. Institutional investors own 96.40% of the company’s stock.

Atlas Air Worldwide Holdings, Inc. (AAWW) opened at $57.55 on Friday. The company has a current ratio of 0.66, a quick ratio of 0.66 and a debt-to-equity ratio of 1.21. Atlas Air Worldwide Holdings, Inc. has a 52-week low of $45.45 and a 52-week high of $68.70. The stock has a market cap of $1,465.16, a PE ratio of 12.28 and a beta of 1.38.

Atlas Air Worldwide (NASDAQ:AAWW) last released its earnings results on Tuesday, November 7th. The transportation company reported $1.08 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.13 by ($0.05). Atlas Air Worldwide had a net margin of 2.06% and a return on equity of 8.14%. The business had revenue of $535.70 million for the quarter, compared to analyst estimates of $521.29 million. During the same quarter in the previous year, the company posted $1.09 earnings per share. The business’s revenue for the quarter was up 19.6% on a year-over-year basis. equities research analysts anticipate that Atlas Air Worldwide Holdings, Inc. will post 4.64 earnings per share for the current year.

In other Atlas Air Worldwide news, CEO William J. Flynn sold 5,000 shares of the company’s stock in a transaction dated Monday, October 2nd. The shares were sold at an average price of $66.19, for a total transaction of $330,950.00. Following the transaction, the chief executive officer now directly owns 191,958 shares in the company, valued at approximately $12,705,700.02. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Over the last 90 days, insiders have sold 25,195 shares of company stock worth $1,616,785. Corporate insiders own 2.50% of the company’s stock.

AAWW has been the topic of several research reports. Zacks Investment Research downgraded shares of Atlas Air Worldwide from a “buy” rating to a “hold” rating in a research report on Tuesday, October 10th. Stifel Nicolaus reiterated a “hold” rating and set a $69.00 price target on shares of Atlas Air Worldwide in a research report on Tuesday, September 12th. ValuEngine downgraded shares of Atlas Air Worldwide from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, November 14th. Finally, Cowen restated a “hold” rating on shares of Atlas Air Worldwide in a research report on Thursday, October 12th. Two analysts have rated the stock with a sell rating, one has assigned a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. Atlas Air Worldwide presently has an average rating of “Buy” and a consensus price target of $70.00.

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Atlas Air Worldwide Profile

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).

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

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