Alpha Windward LLC Has $46,000 Stock Holdings in Delta Air Lines, Inc. (NYSE:DAL)

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Alpha Windward LLC lessened its holdings in Delta Air Lines, Inc. (NYSE:DAL) by 90.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 779 shares of the transportation company’s stock after selling 7,266 shares during the period. Alpha Windward LLC’s holdings in Delta Air Lines were worth $46,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Prime Capital Investment Advisors LLC acquired a new stake in shares of Delta Air Lines in the third quarter worth $29,000. Liberty Wealth Management LLC acquired a new stake in shares of Delta Air Lines in the third quarter worth $34,000. Reilly Financial Advisors LLC acquired a new stake in shares of Delta Air Lines in the third quarter worth $38,000. Bartlett & Co. LLC acquired a new stake in shares of Delta Air Lines in the third quarter worth $42,000. Finally, Covington Capital Management boosted its position in shares of Delta Air Lines by 35.4% in the second quarter. Covington Capital Management now owns 746 shares of the transportation company’s stock worth $42,000 after buying an additional 195 shares during the period. 87.31% of the stock is owned by institutional investors and hedge funds.

In other Delta Air Lines news, CEO Edward H. Bastian sold 30,236 shares of the business’s stock in a transaction dated Tuesday, November 12th. The stock was sold at an average price of $57.55, for a total value of $1,740,081.80. Following the completion of the sale, the chief executive officer now owns 323,955 shares of the company’s stock, valued at $18,643,610.25. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 0.47% of the stock is owned by insiders.

A number of analysts recently issued reports on DAL shares. Buckingham Research lifted their price objective on Delta Air Lines from $56.00 to $62.00 and gave the company a “neutral” rating in a research report on Monday, December 16th. Wolfe Research cut Delta Air Lines from an “outperform” rating to a “peer perform” rating in a research report on Monday. Raymond James reduced their price objective on Delta Air Lines from $70.00 to $64.00 and set an “outperform” rating for the company in a research report on Friday, October 11th. They noted that the move was a valuation call. Stephens lifted their price objective on Delta Air Lines from $60.00 to $65.00 and gave the company an “equal weight” rating in a research report on Wednesday. Finally, Argus cut Delta Air Lines from a “buy” rating to a “hold” rating in a research report on Friday, October 11th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and ten have given a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $66.41.

Shares of NYSE:DAL opened at $61.62 on Thursday. Delta Air Lines, Inc. has a fifty-two week low of $46.84 and a fifty-two week high of $63.44. The business has a 50-day moving average of $58.03 and a two-hundred day moving average of $57.78. The stock has a market capitalization of $38.31 billion, a P/E ratio of 10.91, a P/E/G ratio of 0.59 and a beta of 1.11. The company has a debt-to-equity ratio of 0.89, a current ratio of 0.34 and a quick ratio of 0.29.

Delta Air Lines (NYSE:DAL) last announced its quarterly earnings results on Tuesday, January 14th. The transportation company reported $1.70 earnings per share for the quarter, topping analysts’ consensus estimates of $1.40 by $0.30. Delta Air Lines had a return on equity of 32.84% and a net margin of 10.12%. The company had revenue of $11.44 billion during the quarter, compared to analysts’ expectations of $11.37 billion. During the same quarter in the previous year, the firm earned $1.30 earnings per share. The business’s quarterly revenue was up 6.5% compared to the same quarter last year. As a group, research analysts expect that Delta Air Lines, Inc. will post 7.03 EPS for the current fiscal year.

Delta Air Lines Company Profile

Delta Air Lines, Inc provides scheduled air transportation for passengers and cargo in the United States and internationally. The company operates through two segments, Airline and Refinery. Its route network is centered on a system of hubs and markets at airports in Amsterdam, Atlanta, Boston, Detroit, London-Heathrow, Los Angeles, Mexico City, Minneapolis-St.

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Institutional Ownership by Quarter for Delta Air Lines (NYSE:DAL)

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