Economy

Ltd Invests $155000 in Delta Air Lines, Inc. (DAL)

Ltd Invests $155000 in Delta Air Lines, Inc. (DAL)”

Investors sentiment decreased to 0.98 in Q4 2016. The transportation company reported $1.64 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $1.66 by ($0.02).

Synovus Financial Corp grew its position in shares of Delta Air Lines, Inc. 621.67 million shares or 4.90% more from 592.62 million shares in 2016Q3 were reported.

Atlanta Capital Group increased Delta Air Lines Inc Del (DAL) stake by 17.56% reported in 2016Q4 SEC filing. 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. Balyasny Asset Limited Liability Corporation stated it has 0.14% in Andeavor Logistics LP (NYSE:ANDX).

Bulldog Investors Llc holds 2.53% of its portfolio in Putnam High Income Securities Fund for 1.21 million shares. Delta Air Lines Inc now has $35.20B valuation. Stifel Corp holds 0.26% of its portfolio in Delta Air Lines, Inc. (NYSE:DAL) for 6,400 shares. AQR Capital Management LLC grew its stake in shares of Delta Air Lines by 15.8% during the first quarter. (NYSE:DAL). Strs Ohio stated it has 0.46% in Delta Air Lines, Inc. (NYSE:DAL). Trexquant Inv Limited Partnership accumulated 8,400 shares or 0.07% of the stock. Delta Air Lines accounts for about 1.3% of AJO LP's portfolio, making the stock its 13th biggest position. (NYSE:DAL) Cheap From Peers? Bb&T Secs Limited Liability has 0.03% invested in Delta Air Lines, Inc. (NYSE:DAL). Guardian Tru invested in 1,468 shares.

11 number of analysts have estimated the sales of the company for the quarter ending Oct 11, 2017- Oct 16, 2017, analysts estimated mean sale target of 9772.3 million while high and low sale targets are estimated at 9869 million and 9593 million respectively. West W Gilbert had sold 26,131 shares worth $1.32 million. Analysts expect that Delta Air Lines, Inc. will post $5.12 earnings per share for the current year.

Among 18 analysts covering Delta Air Lines (NYSE:DAL), 17 have Buy rating, 0 Sell and 1 Hold. The company has a market capitalization of $34.91 billion, a price-to-earnings ratio of 9.51 and a beta of 1.25. After having $1.64 EPS previously, Delta Air Lines, Inc.'s analysts see 1.22 % EPS growth. BlackRock Inc. now owns 45,260,856 shares of the transportation company's stock valued at $2,080,189,000 after buying an additional 43,777,555 shares during the last quarter. It is down 11.83% since September 18, 2016 and is uptrending. It has underperformed by 4.87% the S&P500. BidaskClub downgraded shares of Delta Air Lines from a "hold" rating to a "sell" rating in a research note on Friday, August 25th. Therefore 94% are positive.

In other Delta Air Lines news, EVP Joanne D. Smith sold 3,700 shares of the business's stock in a transaction on Wednesday, July 19th. Bank of America Corporation increased their target price on Delta Air Lines from $64.00 to $71.00 and gave the stock a "buy" rating in a research report on Friday, June 30th. Argus Research maintained Delta Air Lines, Inc. (NYSE:DAL) has "Buy" rating given on Friday, July 14 by Deutsche Bank. Argus Research maintained it with "Buy" rating and $58 target in Wednesday, October 21 report. The firm earned "Buy" rating on Tuesday, September 5 by Cowen & Co. As per Friday, April 7, the company rating was maintained by Evercore. The firm earned "Hold" rating on Monday, May 29 by Keefe Bruyette & Woods. LP acquired a new stake in shares of Delta Air Lines during the 2nd quarter valued at approximately $5,492,000. The company now has an average rating of "Buy" and an average price target of $61.97. The stock of Procter & Gamble Co (NYSE:PG) has "Outperform" rating given on Wednesday, October 26 by CLSA.

Delta Air Lines, Inc. provides scheduled air transportation for passengers and cargo throughout the United States and across the world. The company had revenue of $10.79 billion for the quarter, compared to analyst estimates of $10.81 billion. The Company's segments include Airline and Refinery. The industry's and sector's high P/E for the past year is 133.09 and 32.8 respectively and low P/E ratio for the last 5 years is 5.8 for the industry and 10.04 for the Sector. 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. Delta Air Lines had a return on equity of 28.33% and a net margin of 9.30%. (NYSE:DAL) news were published by: Nasdaq.com which released: "Delta Air Lines (DAL) to Initiate Indianapolis-Paris Service" on September 07, 2017, also Seekingalpha.com with their article: "Delta Air Lines: Ready To Take-Off?" published on August 28, 2017, Bloomberg.com published: "Delta Enlists Soon-to-Be-Retired Boeing 747 in Irma Exodus" on September 08, 2017. Fjarde AP Fonden Fourth Swedish National Pension Fund boosted its position in shares of Delta Air Lines by 40.3% during the 1st quarter.



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