Atlas Air Worldwide Holdings, Inc. (AAWW) Position Reduced by Parametric Portfolio Associates LLC

Parametric Portfolio Associates LLC decreased its position in shares of Atlas Air Worldwide Holdings, Inc. (NASDAQ:AAWW) by 13.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 205,783 shares of the transportation company’s stock after selling 30,836 shares during the period. Parametric Portfolio Associates LLC owned 0.81% of Atlas Air Worldwide worth $13,541,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the stock. Impala Asset Management LLC acquired a new position in Atlas Air Worldwide in the third quarter worth approximately $13,303,000. Signia Capital Management LLC grew its position in Atlas Air Worldwide by 72.7% in the second quarter. Signia Capital Management LLC now owns 66,444 shares of the transportation company’s stock worth $3,465,000 after buying an additional 27,970 shares during the last quarter. Vanguard Group Inc. grew its position in Atlas Air Worldwide by 3.7% in the second 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 during the last quarter. Parametrica Management Ltd acquired a new position in Atlas Air Worldwide in the third quarter worth approximately $736,000. Finally, WINTON GROUP Ltd acquired a new position in Atlas Air Worldwide in the third quarter worth approximately $2,120,000. 96.40% of the stock is currently owned by hedge funds and other institutional investors.

Atlas Air Worldwide Holdings, Inc. (NASDAQ:AAWW) opened at $58.65 on Monday. Atlas Air Worldwide Holdings, Inc. has a 52-week low of $45.45 and a 52-week high of $68.70. The company has a debt-to-equity ratio of 1.21, a quick ratio of 0.66 and a current ratio of 0.66. The firm has a market cap of $1,482.85, a P/E ratio of 56.39 and a beta of 1.38.

Atlas Air Worldwide (NASDAQ:AAWW) last posted its quarterly earnings data on Tuesday, November 7th. The transportation company reported $1.08 earnings per share for the quarter, missing the consensus estimate of $1.13 by ($0.05). Atlas Air Worldwide had a return on equity of 8.14% and a net margin of 2.06%. The firm had revenue of $535.70 million for the quarter, compared to analysts’ expectations of $521.29 million. During the same quarter in the previous year, the firm posted $1.09 earnings per share. The company’s revenue for the quarter was up 19.6% on a year-over-year basis. equities analysts anticipate that Atlas Air Worldwide Holdings, Inc. will post 4.58 earnings per share for the current year.

In other news, CFO Spencer Schwartz sold 4,027 shares of the business’s stock in a transaction on Friday, December 22nd. The shares were sold at an average price of $59.75, for a total transaction of $240,613.25. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO William J. Flynn sold 5,000 shares of the business’s stock in a transaction on Monday, October 16th. The shares were sold at an average price of $64.50, for a total transaction of $322,500.00. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 24,222 shares of company stock worth $1,526,448. Corporate insiders own 2.50% of the company’s stock.

Several research analysts have issued reports on AAWW shares. ValuEngine lowered shares of Atlas Air Worldwide from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, November 14th. Stifel Nicolaus upgraded shares of Atlas Air Worldwide from a “hold” rating to a “buy” rating and set a $69.00 price objective on the stock in a research report on Tuesday, November 7th. Cowen reiterated a “hold” rating on shares of Atlas Air Worldwide in a research report on Thursday, October 12th. Zacks Investment Research cut shares of Atlas Air Worldwide from a “buy” rating to a “hold” rating in a research report on Tuesday, October 10th. Finally, BidaskClub upgraded shares of Atlas Air Worldwide from a “strong sell” rating to a “sell” rating in a research report on Thursday, December 21st. Two investment analysts have rated the stock with a sell rating, one has issued a hold rating, four have given a buy rating and one has issued a strong buy rating to the company. Atlas Air Worldwide presently has an average rating of “Buy” and an average target price of $70.00.

ILLEGAL ACTIVITY WARNING: “Atlas Air Worldwide Holdings, Inc. (AAWW) Position Reduced by Parametric Portfolio Associates LLC” was originally published by Community Financial News and is owned by of Community Financial News. If you are viewing this story on another domain, it was stolen and reposted in violation of US & international copyright and trademark law. The legal version of this story can be read at https://www.com-unik.info/2018/01/01/atlas-air-worldwide-holdings-inc-aaww-position-reduced-by-parametric-portfolio-associates-llc.html.

About Atlas Air Worldwide

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 (NASDAQ:AAWW)

What are top analysts saying about Atlas Air Worldwide? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Atlas Air Worldwide and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit