Delta Air Lines Target of Unusually Large Options Trading (DAL)

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05 June, 2017

According to Thomson Reuters, sell-side analysts are forecasting a harmony target price of $0.40 on company shares. Therefore 94% are positive. Schlumberger Limited. had 87 analyst reports since July 22, 2015 according to SRatingsIntel. The rating was maintained by Stifel Nicolaus on Monday, May 29 with "Buy". Monness Crespi & Hardt maintained the stock with "Buy" rating in Tuesday, October 20 report. NTV Asset Management LLC purchased a new stake in Delta Air Lines during the first quarter valued at about $279,000. (NYSE:BWA) on Thursday, September 3 with "Equal-Weight" rating.

Heading into the stock price potential, Wheeler Real Estate Investment Trust, Inc. needs to grow just 66.49% to cross its median price target of $16. The company was maintained on Wednesday, September 21 by RBC Capital Markets. Citigroup downgraded BorgWarner Inc. Stephens initiated it with "Overweight" rating and $65 target in Tuesday, March 29 report. (NYSE:BWA) earned "Sell" rating by Berenberg on Tuesday, November 22. Morgan Stanley maintained the stock with "Overweight" rating in Tuesday, April 19 report. Cowen and Company cut their price target on shares of Delta Air Lines from $60.00 to $58.00 and set an "outperform" rating on the stock in a research note on Monday, April 10th. The stock has "Outperform" rating by Cowen & Co on Friday, January 13. (NYSE:DAL). Moreover, Glg Ltd Liability has 0.17% invested in Delta Air Lines, Inc. The Cubic Asset Management Llc holds 161,480 shares with $7.94M value, up from 154,080 last quarter. Hanlon Investment Management Inc. acquired a new stake in Delta Air Lines during the fourth quarter worth about $2,816,000.

Public Storage (NYSE:PSA) share price increased in the last trading session with a previous 52-week high of $262.74. The company saw 0.23 million shares trade hands over the course of the day. (NYSE:DAL) has risen 11.83% since June 5, 2016 and is uptrending. It has underperformed by 4.87% the S&P500.

Investors sentiment decreased to 0.73 in Q4 2016. This represents a $0.81 dividend on an annualized basis and a dividend yield of 1.58%. 57 funds opened positions while 141 raised stakes. Discovery Capital Limited Liability Com Ct accumulated 2.56 million shares. Commercial Bank Of America Corporation De accumulated 5.41M shares or 0.06% of the stock. Invesco Limited has invested 0.01% in BorgWarner Inc. (NYSE:SLB) for 18,437 shares. Dc Advisors Ltd owns 200,000 shares or 10.08% of their U.S. portfolio. Psagot Investment House reported 44,000 shares. It also reduced Parsley Energy Inc (NYSE:PE) stake by 30,013 shares and now owns 21,390 shares. James Inv Research has invested 0.39% of its portfolio in Lennar Corporation (NYSE:LEN). Loomis Sayles & Limited Partnership holds 156,636 shares. Community Bancorp Na holds 0.3% or 16,549 shares. Alpha Windward Ltd Com reported 229 shares. Hightower Limited Liability Company holds 0.01% of its portfolio in BorgWarner Inc. (NYSE:BWA) for 24,291 shares. Plante Moran Advisors Ltd holds 1,651 shares. (NASDAQ:HAS). The Ohio-based Strs Ohio has invested 0.01% in Hasbro, Inc.

Since December 7, 2016, it had 1 insider purchase, and 10 sales for $13.63 million activity. Hosking Partners LLP increased its stake in Delta Air Lines by 13.6% in the third quarter. (NYSE:BWA) was sold by Hundzinski Ronald T. 20,000 shares valued at $946,380 were sold by Jacobson Paul A on Wednesday, February 1. Analysts have a mean recommendation of 2.00 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). About shares traded. BorgWarner Inc. (NYSE:BWA) has risen 25.00% since June 5, 2016 and is uptrending. It has outperformed by 2.36% the S&P500.

BorgWarner Inc.is engaged in providing technology solutions for combustion, hybrid and electric vehicles. The stock now has a Market Cap of $36.69B. The Company's divisions include Engine and Drivetrain.

Investors sentiment decreased to 1.06 in 2016 Q4. Its down 0.01, from 0.74 in 2016Q3. It is negative, as 68 investors sold DAL shares while 333 reduced holdings.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. 621.67 million shares or 4.90% more from 592.62 million shares in 2016Q3 were reported. Stratos Wealth owns 6,963 shares. Wells Fargo & Mn holds 0.09% or 5.00 million shares in its portfolio. Moreover, Macquarie Group Ltd has 0.02% invested in Delta Air Lines, Inc. (NYSE:DAL) shares were sold by Smith Joanne D. Great West Life Assurance Can accumulated 0.02% or 124,609 shares. Citigroup holds 145,019 shares or 0.01% of its portfolio. Texas Permanent School Fund has 220,593 shares. Massachusetts Fincl Ser Company Ma holds 0.07% or 2.88M shares in its portfolio. Bastian Edward H sold $5.23M worth of Delta Air Lines, Inc.

Delta Air Lines (NYSE:DAL) last released its quarterly earnings results on Wednesday, April 12th. Bank of The West now owns 267,286 shares of the transportation company's stock worth $12,284,000 after buying an additional 3,782 shares during the period.

Delta Air Lines, Inc provides scheduled air transportation for passengers and cargo throughout the United States and across the world. On average, equities analysts predict that Delta Air Lines, Inc. will post $5.12 EPS for the current fiscal year. Bank of New York Mellon Corp owned approximately 1.50% of Delta Air Lines worth $501,070,000 as of its most recent SEC filing.


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