Alaska Air Group Inc (NYSE:ALK): Institutional Investors Aren't Crazy About It

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06 September, 2017

ALK was included in 6 notes of analysts from September 23, 2016. On Thursday, July 13 the stock rating was maintained by RBC Capital Markets with "Hold". (ALK) has the market capitalization of 9.29 Billion. The firm has "In-Line" rating by Imperial Capital given on Friday, October 21. The firm has "Overweight" rating by Barclays Capital given on Thursday, December 15. Schroder Investment Management Group increased its stake in shares of Alaska Air Group by 84.1% in the 1st quarter. The fund owned 9,925 shares of the transportation company's stock at the end of the second quarter. Alaska Air Group Inc now has $9.28B valuation. In the last quarter, insiders sold 23,850 shares of company stock valued at $2,149,881. About 20 shares traded. Vanguard Group Inc. raised its stake in Alaska Air Group by 2.3% in the 2nd quarter. It has outperformed by 12.63% the S&P500.

Since January 1, 0001, it had 0 buys, and 5 insider sales for $2.64 million activity. ROTHBLATT MARTINE A sold $153,599 worth of stock. Current price places the company's stock -1.06% away from its 200-day simple moving average, -0.57%, away from the 50-day average and also -0.21% away from 20-day average.

Want to see what other hedge funds are holding ALK? The number of shares now owned by investors are 123.57 mln. Dana Inc reported 385,207 shares. The shares price has directed 7.10% toward a higher level throughout a year ago and swapped -14.93% toward a weak spot during past one month. Cornerstone Advisors invested in 0.01% or 127 shares. Mark Sheptoff Financial Planning Ltd Liability stated it has 8 shares. Credit Suisse Ag invested in 31,829 shares. Westpac Bk has 5,912 shares for 0% of their portfolio. Capstone Asset Mngmt holds 5,407 shares. If the $115.30 price target is reached, the company will be worth $189.00 million more.

United Therapeutics Corporation is a biotechnology company. The company has market cap of $9.13 billion. It has a 11.99 P/E ratio. On average, analysts forecast that Alaska Air Group, Inc. will post $7.76 EPS for the current year. Therefore 69% are positive.

More notable recent Alaska Air Group, Inc. (NYSE:ALK) on Wednesday, May 17. On Monday, May 29 the stock rating was maintained by Stifel Nicolaus with "Buy". One investment analyst has rated the stock with a sell rating, three have assigned a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company.

Alaska Air Group, Inc.is the holding firm of Alaska Airlines, Virgin America Inc., Horizon Air (Horizon) and other business units. State of Alaska Department of Revenue purchased a new stake in shares of Alaska Air Group during the first quarter valued at about $238,000. On Tuesday, June 14 the stock rating was downgraded by Raymond James to "Outperform". The Massachusetts-based Fmr Llc has invested 0.01% in Alaska Air Group, Inc. Morgan Stanley has "Overweight" rating and $96 target. Following the completion of the sale, the chairman now owns 145,546 shares of the company's stock, valued at approximately $13,751,186.08. Evercore downgraded the stock to "Hold" rating in Tuesday, October 13 report.

Investors sentiment increased to 1.15 in Q4 2016. Its up 0.10, from 0.75 in 2016Q3. It dropped, as 29 investors sold Lithia Motors Inc shares while 55 reduced holdings. 60 funds opened positions while 120 raised stakes. The investment managers in our partner's database now possess: 110.18 million shares, up from 106.31 million shares in 2016Q3. Generally speaking, an ADX value from 0-25 would indicate an absent or weak trend.

Smead Capital Management Inc decreased Jpmorgan Chase & Co (NYSE:JPM) stake by 197,116 shares to 1.46M valued at $125.82M in 2016Q4. (ALK) stock go down so far this year; showing a decline of -17.67% and dropped with negative flow of -1.70% during recent week. Alaska Air Group had a return on equity of 30.04% and a net margin of 11.02%. (NYSE:ALK). New Amsterdam Ltd Llc has 7,687 shares for 0.15% of their portfolio. As of the end of the quarter Cypress Capital Management LLC (wy) had bought a total of 525 shares growing its stake by 18.3%. The legal version of this piece of content can be viewed at https://www.truebluetribune.com/2017/09/06/boston-family-office-llc-continues-to-hold-position-in-alaska-air-group-inc-alk.html. (NYSE:ALK). Commonwealth Retail Bank Of Aus accumulated 58,209 shares. 1,689,396 shares of the company were exchanged. Cwm Ltd Limited Liability Company owns 10 shares. Brandywine Investment Mgmt Ltd Liability Co reported 0.05% in Lithia Motors Inc (NYSE:LAD). Banced has 1.03% invested in Time Warner Inc (NYSE:TWX). (NYSE:ALK). Systematic Mgmt Lp has 0.8% invested in Alaska Air Group, Inc.

Several other equities research analysts have also recently commented on the company. Amgen Inc (NASDAQ:AMGN) was reduced too.

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