The Atlas Air Worldwide Holdings, Inc. (AAWW) Stake Boosted by Comerica Bank

The Atlas Air Worldwide Holdings, Inc. (AAWW) Stake Boosted by Comerica Bank

A number of other hedge funds and other institutional investors also recently modified their holdings of AAWW. State of Alaska Department of Revenue increased its position in shares of Atlas Air Worldwide Holdings by 3.0% in the first quarter. State of Alaska Department of Revenue now owns 2,770 shares of the transportation company’s stock worth $153,000 after buying an additional 80 shares during the last quarter. New York State Teachers Retirement System increased its position in shares of Atlas Air Worldwide Holdings by 0.7% in the fourth quarter. New York State Teachers Retirement System now owns 14,820 shares of the transportation company’s stock worth $773,000 after buying an additional 100 shares during the last quarter. Louisiana State Employees Retirement System increased its position in shares of Atlas Air Worldwide Holdings by 1.0% in the first quarter. Louisiana State Employees Retirement System now owns 10,200 shares of the transportation company’s stock worth $566,000 after buying an additional 100 shares during the last quarter. Public Sector Pension Investment Board increased its position in shares of Atlas Air Worldwide Holdings by 2.9% in the fourth quarter. Public Sector Pension Investment Board now owns 17,741 shares of the transportation company’s stock worth $925,000 after buying an additional 500 shares during the last quarter. Finally, Thrivent Financial for Lutherans increased its position in shares of Atlas Air Worldwide Holdings by 6.8% in the fourth quarter. Thrivent Financial for Lutherans now owns 13,550 shares of the transportation company’s stock worth $707,000 after buying an additional 860 shares during the last quarter. 98.27% of the stock is currently owned by institutional investors and hedge funds.

Comerica Bank increased its position in shares of Atlas Air Worldwide Holdings, Inc. (NASDAQ:AAWW) by 2.8% during the first quarter, Holdings Channel reports. The fund owned 40,931 shares of the transportation company’s stock after buying an additional 1,105 shares during the period. Comerica Bank’s holdings in Atlas Air Worldwide Holdings were worth $2,448,000 at the end of the most recent quarter.

Shares of Atlas Air Worldwide Holdings, Inc. (NASDAQ AAWW) opened at 51.90 on Monday. The stock has a market capitalization of $1.31 billion, a P/E ratio of 32.62 and a beta of 1.23. The stock has a 50 day moving average of $52.63 and a 200-day moving average of $52.72. Atlas Air Worldwide Holdings, Inc. has a 52-week low of $34.22 and a 52-week high of $60.10.

Atlas Air Worldwide Holdings (NASDAQ:AAWW) last issued its quarterly earnings results on Wednesday, May 3rd. The transportation company reported $0.31 earnings per share for the quarter, topping the consensus estimate of $0.30 by $0.01. The business had revenue of $475.40 million during the quarter, compared to the consensus estimate of $451.72 million. Atlas Air Worldwide Holdings had a return on equity of 0.01% and a net margin of 0.01%. The company’s quarterly revenue was up 13.6% on a year-over-year basis. During the same quarter last year, the company earned $0.31 earnings per share. Analysts predict that Atlas Air Worldwide Holdings, Inc. will post $4.61 EPS for the current fiscal year.

A number of brokerages have issued reports on AAWW. Stifel Nicolaus reissued a “buy” rating on shares of Atlas Air Worldwide Holdings in a research report on Friday. Imperial Capital boosted their price objective on shares of Atlas Air Worldwide Holdings from $60.00 to $70.00 and gave the company an “outperform” rating in a research report on Thursday, May 4th. Seaport Global Securities began coverage on shares of Atlas Air Worldwide Holdings in a research report on Thursday, March 30th. They set a “buy” rating and a $65.00 price objective on the stock. Cowen and Company reissued a “market perform” rating and set a $60.00 price objective (up from $55.00) on shares of Atlas Air Worldwide Holdings in a research report on Friday, February 24th. Finally, Zacks Investment Research downgraded shares of Atlas Air Worldwide Holdings from a “hold” rating to a “sell” rating in a research report on Monday, February 27th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the company’s stock. Atlas Air Worldwide Holdings has a consensus rating of “Hold” and a consensus target price of $60.00.

In other Atlas Air Worldwide Holdings news, CEO William J. Flynn sold 5,000 shares of the firm’s stock in a transaction dated Monday, April 10th. The stock was sold at an average price of $53.93, for a total value of $269,650.00. Following the completion of the sale, the chief executive officer now owns 236,958 shares of the company’s stock, valued at $12,779,144.94. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, EVP Adam Richard Kokas sold 15,596 shares of the firm’s stock in a transaction dated Tuesday, April 25th. The stock was sold at an average price of $58.51, for a total value of $912,521.96. Following the completion of the sale, the executive vice president now directly owns 41,086 shares of the company’s stock, valued at approximately $2,403,941.86. The disclosure for this sale can be found here. In the last three months, insiders sold 73,914 shares of company stock valued at $4,222,860. Corporate insiders own 2.10% of the company’s stock. Atlas Air Worldwide Holdings Company 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).new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “NASDAQ:AAWW”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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