(NYSE:DAL). Aureus Asset Mgmt Limited Company holds 4,500 shares. However, it could also mean that something is fundamentally wrong with the company.
Several other institutional investors have also added to or reduced their stakes in DAL. California Public Employees Retirement System boosted its stake in shares of Delta Air Lines by 1.9% during the 3rd quarter. The firm's revenue was up 9.5% compared to the same quarter last year. equities analysts forecast that Delta Air Lines will post 6.23 earnings per share for the current year. SeaCrest Wealth Management LLC purchased a new position in Delta Air Lines in the fourth quarter valued at about $121,000. Douglas Lane & Associates LLC now owns 2,026,033 shares of the transportation company's stock worth $113,458,000 after purchasing an additional 5,600 shares during the last quarter. On Thursday, October 12 Sear Steven M sold $365,628 worth of Delta Air Lines, Inc. Following the completion of the purchase, the director now owns 33,520 shares in the company, valued at approximately $2,003,155.20. Corporate insiders own 0.37% of the company's stock.
Delta stock is now on track to snap a four-day skid. (NYSE:DAL) that has shown a discernible change in trend levels over the path of recent market activity.
Investors bought shares of Delta Air Lines (NYSE:DAL) on weakness during trading hours on Tuesday.
Typically 20-day simple moving average is useful at identifying swing trading trends lasting 20 days. Delta Air Lines, Inc. has a one year low of $32.60 and a one year high of $52.76. The firm has a market capitalization of $38,922.64, a price-to-earnings ratio of 10.98 and a beta of 1.16.
USA carrier Delta Air Lines Inc (DAL.N) reported a 9.5 percent rise in quarterly revenue on Thursday, boosted by higher average fares and passenger traffic. The company reported $0.82 earnings per share (EPS) for the quarter, hitting the Zacks' consensus estimate of $0.82. Listed here are Delta Air Lines, Inc. The FactSet 2018 revenue consensus of $43.75 billion implies 6.1% growth over 2017 revenue of $41.24 billion. Over the previous year Company's shares have been trading in the range of $43.81 and $60.79. Below is a brief commentary on my key takeaways on how market analysts view Delta Air Lines's earnings growth trajectory over the next few years and whether the future looks brighter.
Several research firms have weighed in on DAL.
A total of 8 analysts rate Delta Air Lines (NYSE:DAL) as follows: 8 "Buy", 0 "Hold" and 0 "Sell".
In other Delta Air Lines news, CEO Edward H. Bastian sold 25,000 shares of Delta Air Lines stock in a transaction dated Friday, December 29th. (Rating Scale: 1.0 Strong Buy, 2.0 Buy, 3.0 Hold, 4.0 Sell, 5.0 Strong Sell). Finally, Cowen raised their price target on Delta Air Lines from $62.00 to $66.00 and gave the company an "outperform" rating in a research note on Friday, December 15th. Delta Air Lines had a net margin of 8.67% and a return on equity of 26.27%.
Among 21 analysts covering Sap Ag (NYSE:SAP), 12 have Buy rating, 1 Sell and 8 Hold. Delta Air Lines has a consensus rating of "Buy" and an average price target of $55.76. $1.82 million worth of stock was sold by Smith Joanne D on Friday, October 13.
On 1/22/2018 Paul A Jacobson, CFO, sold 31,638 with an average share price of $59.64 per share and the total transaction amounting to $1,886,890.32. Following the completion of the transaction, the chief executive officer now directly owns 275,202 shares in the company, valued at $13,972,005.54. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.
If the answer is less than 1, it indicates that price of the stock is in losing momentum.
On 2/8/2018 George N Mattson, Director, bought 10,000 with an average share price of $51.89 per share and the total transaction amounting to $518,900.00. Raymond James Trust Na holds 0.07% or 17,362 shares in its portfolio. Insiders sold 238,489 shares of company stock valued at $11,269,417 over the last three months. Creative Planning invested in 56,859 shares or 0.01% of the stock.
Delta Air Lines, Inc provides scheduled air transportation for passengers and cargo in the United States and internationally. The Company's segments include Airline and Refinery.