13 July, 2017
More notable recent Delta Air Lines, Inc.
DAL has been the subject of a number of recent research reports.
The company holds 5.02 billion outstanding shares and 4.99 billion shares are floating in market. Similar statistics are true for the second largest owner, Blackrock Inc., which owns 45,260,856 shares of the stock are valued at $2.46 billion. TrimTabs Asset Management LLC raised its position in Delta Air Lines by 88.8% in the first quarter. Over the last 90 days, insiders acquired 425,665 shares of company stock valued at $283,540 and sold 55,606 shares valued at $2,753,289. Principal Group stated it has 0.07% of its portfolio in Delta Air Lines, Inc. The fund owned 35,345 shares of the transportation company's stock after buying an additional 155 shares during the period. AQR Capital Management LLC now owns 9,571,378 shares of the transportation company's stock valued at $439,900,000 after buying an additional 1,308,115 shares during the last quarter. Finally, Thompson Davis & CO. Advisory Services Network LLC bought a new stake in Delta Air Lines during the first quarter valued at $114,000. Quantitative Investment Management LLC now owns 100,800 shares of the transportation company's stock worth $4,632,000 after buying an additional 2,500 shares in the last quarter. DAL price is down almost -0.2% from its 52-week high price of $55.59 a share but is up about 35.4% from its 52-week low price of $35.84 a share.
Shares of Delta Air Lines (DAL) opened at 55.48 on Thursday. The company has a market capitalization of $40.39 billion, a P/E ratio of 10.23 and a beta of 1.22.
It is now trading at $55.48 a bit higher than $50.96, the stock's 50 day moving average and which is a tad above the 200 day moving average of $48.99.
Delta Air Lines (NYSE:DAL) last issued its earnings results on Wednesday, April 12th. Excluding certain items, per-share earnings were $1.64 a share, below estimates of $1.67 from analysts surveyed by Thomson Reuters. Delta Air Lines had a return on equity of 28.67% and a net margin of 10.19%. The transportation company reported $0.77 EPS for the quarter, topping the consensus estimate of $0.73 by $0.04. Next quarter's EPS is expected be $1.76 with next year's EPS projected to be $6.12. Moreover, Foster And Motley has 0.1% invested in Delta Air Lines, Inc. On average, analysts expect that Delta Air Lines, Inc. will post $5.12 EPS for the current year. "(DAL)" was first published by BNB Daily and is the sole property of of BNB Daily. If you are accessing this piece on another publication, it was copied illegally and republished in violation of US and worldwide copyright & trademark law. The legal version of this piece of content can be read at https://www.baseball-news-blog.com/2017/07/13/delta-air-lines-inc-dal-shares-bought-by-coe-capital-management-llc-updated.html. Analysts have a mean recommendation of 2.60 on this stock. Citigroup Inc. upped their price objective on shares of Delta Air Lines from $63.00 to $65.00 and gave the company a "buy" rating in a report on Friday, May 12th. Cowen and Company reissued a "buy" rating and issued a $58.00 price target on shares of Delta Air Lines in a research report on Tuesday. Morgan Stanley restated an "overweight" rating on shares of Delta Air Lines in a report on Friday, April 7th. Finally, Dimensional Fund Advisors LP raised its position in shares of Delta Air Lines by 85.6% in the first quarter. Vetr raised shares of Delta Air Lines from a "buy" rating to a "strong-buy" rating and set a $52.43 price target on the stock in a research note on Monday, March 20th. Delta Air Lines has an average rating of "Buy" and a consensus target price of $55.50.
In other news, Director Francis S. Blake acquired 5,665 shares of the firm's stock in a transaction dated Monday, April 17th. The stock grabbed 111 new institutional investments totaling 9,223,393 shares while 77 institutional investors sold out their entire positions totaling 8,880,813 shares. The information furnished in this Form 8-K shall not be deemed incorporated by reference into any other filing with the Securities and Exchange Commission. (NYSE:DAL) shares. West W Gilbert sold $800,155 worth of stock. 26, 2017. These shares are worth $1,318,832 and were traded at $50.47 each. Following the sale, the chief executive officer now owns 285,508 shares of the company's stock, valued at approximately $13,861,413.40. The disclosure for this purchase can be found here. On July 12 the stock rating was upgraded to "Buy" from "Hold" in a report issued by Deutsche Bank. Bastian Edward H also sold $1.21M worth of Delta Air Lines, Inc. The Company's divisions include Airline and Refinery. The Company's route network is centered around a system of hub, worldwide gateway and airports that the Company operates in Amsterdam, Atlanta, Boston, Detroit, London-Heathrow, Los Angeles, Minneapolis-St.
