Capital Management Associates NY acquired a new position in shares of Atlas Air Worldwide Holdings, Inc. (NASDAQ:AAWW) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 6,900 shares of the transportation company’s stock, valued at approximately $405,000.
Several other institutional investors and hedge funds have also modified their holdings of the company. Impala Asset Management LLC acquired a new position in shares of Atlas Air Worldwide during the 3rd quarter valued at $13,303,000. Parametrica Management Ltd acquired a new position in Atlas Air Worldwide in the 3rd quarter worth $736,000. Vanguard Group Inc. lifted its holdings in Atlas Air Worldwide by 3.7% in the 2nd 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 in the last quarter. WINTON GROUP Ltd acquired a new position in Atlas Air Worldwide in the 3rd quarter worth $2,120,000. Finally, Elk Creek Partners LLC lifted its holdings in Atlas Air Worldwide by 9.1% in the 3rd quarter. Elk Creek Partners LLC now owns 215,544 shares of the transportation company’s stock worth $14,183,000 after buying an additional 18,029 shares in the last quarter.
Several equities research analysts have recently weighed in on the stock. Zacks Investment Research raised shares of Atlas Air Worldwide from a “hold” rating to a “buy” rating and set a $60.00 target price for the company in a research report on Wednesday, February 7th. BidaskClub downgraded shares of Atlas Air Worldwide from a “hold” rating to a “sell” rating in a research report on Friday, January 26th. Stifel Nicolaus reaffirmed a “buy” rating and set a $81.00 price objective on shares of Atlas Air Worldwide in a research report on Thursday, January 18th. Cowen raised shares of Atlas Air Worldwide from a “market perform” rating to an “outperform” rating and upped their price target for the stock from $62.00 to $72.00 in a research note on Wednesday, January 10th. Finally, ValuEngine raised shares of Atlas Air Worldwide from a “buy” rating to a “strong-buy” rating in a research note on Sunday, December 31st. One equities research analyst has rated the stock with a sell rating, six have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average price target of $70.00.
Atlas Air Worldwide Holdings, Inc. (NASDAQ:AAWW) traded up $0.75 during trading on Thursday, reaching $54.75. 172,200 shares of the company’s stock traded hands, compared to its average volume of 279,208. The firm has a market cap of $1,365.29, a price-to-earnings ratio of 53.03 and a beta of 1.31. The company has a current ratio of 0.66, a quick ratio of 0.66 and a debt-to-equity ratio of 1.21. Atlas Air Worldwide Holdings, Inc. has a 1 year low of $45.45 and a 1 year high of $68.70.
In other news, CEO William J. Flynn sold 5,000 shares of the stock in a transaction on Tuesday, January 2nd. The shares were sold at an average price of $58.60, for a total value of $293,000.00. Following the completion of the transaction, the chief executive officer now owns 166,958 shares in the company, valued at approximately $9,783,738.80. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CFO Spencer Schwartz sold 4,027 shares of the 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 disclosure for this sale can be found here. In the last 90 days, insiders have sold 24,222 shares of company stock worth $1,409,998. 2.50% of the stock is currently owned by company insiders.
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Atlas Air Worldwide 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).
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