First Quadrant L P CA maintained its position in shares of Air Transport Services Group Inc. (NASDAQ:ATSG) during the second quarter, Holdings Channel reports. The institutional investor owned 10,900 shares of the company’s stock at the end of the second quarter. First Quadrant L P CA’s holdings in Air Transport Services Group were worth $141,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Bayesian Capital Management LP bought a new position in shares of Air Transport Services Group during the first quarter worth approximately $192,000. UBS Asset Management Americas Inc. boosted its position in shares of Air Transport Services Group by 42.4% in the first quarter. UBS Asset Management Americas Inc. now owns 21,500 shares of the company’s stock worth $331,000 after buying an additional 6,400 shares in the last quarter. Metropolitan Life Insurance Co. NY boosted its position in shares of Air Transport Services Group by 3.4% in the first quarter. Metropolitan Life Insurance Co. NY now owns 38,728 shares of the company’s stock worth $596,000 after buying an additional 1,277 shares in the last quarter. A.R.T. Advisors LLC bought a new position in shares of Air Transport Services Group during the first quarter worth approximately $622,000. Finally, Algert Global LLC boosted its position in shares of Air Transport Services Group by 93.8% in the first quarter. Algert Global LLC now owns 43,193 shares of the company’s stock worth $664,000 after buying an additional 20,903 shares in the last quarter. Institutional investors own 93.79% of the company’s stock.

Air Transport Services Group Inc. (NASDAQ:ATSG) traded down 1.83% on Friday, hitting $13.39. The company had a trading volume of 374,794 shares. The firm’s 50 day moving average price is $14.31 and its 200 day moving average price is $13.82. The stock has a market cap of $798.82 million, a P/E ratio of 23.37 and a beta of 2.01. Air Transport Services Group Inc. has a 12-month low of $8.37 and a 12-month high of $15.53.

Air Transport Services Group (NASDAQ:ATSG) last posted its quarterly earnings results on Monday, August 8th. The company reported $0.13 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.12 by $0.01. Air Transport Services Group had a net margin of 6.07% and a return on equity of 9.61%. The business had revenue of $176.50 million for the quarter, compared to the consensus estimate of $181.27 million. During the same period in the prior year, the business posted $0.16 earnings per share. Air Transport Services Group’s revenue for the quarter was up 18.9% compared to the same quarter last year. Equities analysts predict that Air Transport Services Group Inc. will post $0.64 earnings per share for the current fiscal year.

Several research firms recently commented on ATSG. Zacks Investment Research cut Air Transport Services Group from a “hold” rating to a “sell” rating in a research note on Tuesday, July 12th. Stifel Nicolaus began coverage on Air Transport Services Group in a research note on Thursday, August 25th. They issued a “hold” rating on the stock. Finally, TheStreet upgraded Air Transport Services Group from a “hold” rating to a “buy” rating in a research note on Wednesday, August 17th. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average target price of $17.00.

In other news, insider Brady Thomas Templeton sold 3,000 shares of the company’s stock in a transaction on Friday, August 26th. The shares were sold at an average price of $14.72, for a total value of $44,160.00. Following the transaction, the insider now directly owns 89,895 shares of the company’s stock, valued at $1,323,254.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 2.20% of the stock is currently owned by insiders.

Air Transport Services Group Company Profile

Air Transport Services Group, Inc (ATSG) is a holding company. The Company provides airline operations, aircraft leases, aircraft maintenance and other support services primarily to the cargo transportation and package delivery industries. Through the Company’s subsidiaries, it offers a range of complementary services to delivery companies, freight forwarders, airlines and government customers.

5 Day Chart for NASDAQ:ATSG

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