Imperial Capital reissued their outperform rating on shares of Atlas Air Worldwide Holdings, Inc. (NASDAQ:AAWW) in a research note published on Friday morning.

A number of other brokerages have also commented on AAWW. Cowen and Company reiterated a market perform rating and issued a $60.00 target price (up previously from $55.00) on shares of Atlas Air Worldwide Holdings in a research report on Friday, February 24th. Zacks Investment Research lowered Atlas Air Worldwide Holdings from a hold rating to a sell rating in a research report on Monday, February 27th. Stifel Nicolaus upped their target price on Atlas Air Worldwide Holdings from $58.00 to $63.00 and gave the company a buy rating in a research report on Tuesday, February 28th. Finally, TheStreet upgraded Atlas Air Worldwide Holdings from a c rating to a b rating in a research report on Thursday, February 23rd. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating to the company’s stock. Atlas Air Worldwide Holdings has an average rating of Hold and an average target price of $57.00.

Shares of Atlas Air Worldwide Holdings (NASDAQ:AAWW) traded down 1.65% during midday trading on Friday, reaching $53.80. 90,722 shares of the company’s stock were exchanged. The stock has a market cap of $1.35 billion, a P/E ratio of 32.49 and a beta of 1.23. Atlas Air Worldwide Holdings has a one year low of $34.22 and a one year high of $59.60. The company’s 50-day moving average is $54.08 and its 200-day moving average is $48.20.

Atlas Air Worldwide Holdings (NASDAQ:AAWW) last issued its earnings results on Thursday, February 23rd. The company reported $2.24 EPS for the quarter, missing the Zacks’ consensus estimate of $2.25 by $0.01. The firm earned $529.72 million during the quarter, compared to analysts’ expectations of $504.68 million. Atlas Air Worldwide Holdings had a negative net margin of 1.37% and a positive return on equity of 6.45%. Atlas Air Worldwide Holdings’s quarterly revenue was up 12.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.59 EPS. Equities analysts expect that Atlas Air Worldwide Holdings will post $4.75 earnings per share for the current fiscal year.

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In other Atlas Air Worldwide Holdings news, CEO William J. Flynn sold 5,000 shares of the business’s stock in a transaction that occurred on Tuesday, January 3rd. The stock was sold at an average price of $52.20, for a total value of $261,000.00. Following the completion of the transaction, the chief executive officer now directly owns 266,958 shares of the company’s stock, valued at $13,935,207.60. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Keith H. Mayer sold 3,500 shares of the business’s stock in a transaction that occurred on Friday, March 3rd. The shares were sold at an average price of $56.54, for a total value of $197,890.00. Following the completion of the transaction, the vice president now directly owns 864 shares of the company’s stock, valued at $48,850.56. The disclosure for this sale can be found here. Insiders sold 65,635 shares of company stock valued at $3,625,557 over the last three months. 2.10% of the stock is currently owned by corporate insiders.

A number of hedge funds and other institutional investors have recently made changes to their positions in AAWW. Dimensional Fund Advisors LP increased its position in shares of Atlas Air Worldwide Holdings by 0.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 2,109,241 shares of the company’s stock worth $109,997,000 after buying an additional 7,038 shares during the last quarter. BlackRock Fund Advisors increased its position in shares of Atlas Air Worldwide Holdings by 9.2% in the third quarter. BlackRock Fund Advisors now owns 1,750,165 shares of the company’s stock worth $74,942,000 after buying an additional 147,517 shares during the last quarter. Snow Capital Management LP increased its position in shares of Atlas Air Worldwide Holdings by 13.8% in the third quarter. Snow Capital Management LP now owns 1,260,397 shares of the company’s stock worth $53,970,000 after buying an additional 152,712 shares during the last quarter. Fisher Asset Management LLC increased its position in shares of Atlas Air Worldwide Holdings by 1.6% in the third quarter. Fisher Asset Management LLC now owns 1,224,021 shares of the company’s stock worth $52,413,000 after buying an additional 18,897 shares during the last quarter. Finally, State of New Jersey Common Pension Fund D increased its position in shares of Atlas Air Worldwide Holdings by 14.7% in the third quarter. State of New Jersey Common Pension Fund D now owns 780,000 shares of the company’s stock worth $33,400,000 after buying an additional 100,000 shares during the last quarter. 98.27% of the stock is owned by institutional investors.

About Atlas Air Worldwide Holdings

Atlas Air Worldwide Holdings, Inc, (AAWW) is a holding company with a principal operating subsidiary, Atlas Air, Inc (Atlas). The Company is a provider of outsourced aircraft and aviation operating services, operating a fleet of 750 freighters, as well as operating 747 and 767 passenger aircraft and 767 freighters.

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