Cortina Asset Management LLC bought a new stake in Atlas Air Worldwide Holdings (NASDAQ:AAWW) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 133,337 shares of the transportation company’s stock, valued at approximately $8,774,000. Cortina Asset Management LLC owned approximately 0.53% of Atlas Air Worldwide Holdings as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. UBS Asset Management Americas Inc. bought a new position in shares of Atlas Air Worldwide Holdings in the second quarter valued at approximately $201,000. New England Research & Management Inc. bought a new position in shares of Atlas Air Worldwide Holdings in the third quarter valued at approximately $273,000. State of Alaska Department of Revenue lifted its holdings in Atlas Air Worldwide Holdings by 80.0% during the second quarter. State of Alaska Department of Revenue now owns 4,985 shares of the transportation company’s stock worth $259,000 after acquiring an additional 2,215 shares during the period. KCG Holdings Inc. lifted its holdings in Atlas Air Worldwide Holdings by 20.5% during the first quarter. KCG Holdings Inc. now owns 4,998 shares of the transportation company’s stock worth $277,000 after acquiring an additional 849 shares during the period. Finally, USA Financial Portformulas Corp bought a new stake in Atlas Air Worldwide Holdings during the third quarter worth $339,000. Institutional investors own 96.40% of the company’s stock.

In other Atlas Air Worldwide Holdings news, EVP Adam Richard Kokas sold 10,000 shares of the firm’s stock in a transaction on Thursday, August 31st. The stock was sold at an average price of $66.40, for a total value of $664,000.00. Following the completion of the sale, the executive vice president now directly owns 25,418 shares of the company’s stock, valued at $1,687,755.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO William J. Flynn sold 5,000 shares of the firm’s stock in a transaction on Monday, October 30th. The stock was sold at an average price of $61.21, for a total value of $306,050.00. Following the completion of the sale, the chief executive officer now directly owns 171,958 shares of the company’s stock, valued at $10,525,549.18. The disclosure for this sale can be found here. Insiders sold 40,000 shares of company stock valued at $2,599,150 over the last three months. Company insiders own 2.50% of the company’s stock.

Atlas Air Worldwide Holdings (AAWW) traded up $2.00 during trading hours on Wednesday, reaching $55.10. The company’s stock had a trading volume of 235,600 shares, compared to its average volume of 280,292. The company has a quick ratio of 0.66, a current ratio of 0.66 and a debt-to-equity ratio of 1.21. Atlas Air Worldwide Holdings has a twelve month low of $45.45 and a twelve month high of $68.70. The stock has a market capitalization of $1,342.53, a P/E ratio of 11.25 and a beta of 1.45.

Atlas Air Worldwide Holdings (NASDAQ:AAWW) last released its earnings results on Tuesday, November 7th. The transportation company reported $1.08 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.13 by ($0.05). Atlas Air Worldwide Holdings had a return on equity of 8.14% and a net margin of 2.06%. The firm had revenue of $535.70 million during the quarter, compared to analysts’ expectations of $521.29 million. During the same period in the prior year, the business earned $1.09 earnings per share. The business’s quarterly revenue was up 19.6% compared to the same quarter last year. analysts forecast that Atlas Air Worldwide Holdings will post 4.64 EPS for the current year.

A number of analysts recently commented on AAWW shares. Zacks Investment Research upgraded Atlas Air Worldwide Holdings from a “hold” rating to a “buy” rating and set a $74.00 price target on the stock in a report on Monday, August 7th. Stifel Nicolaus reiterated a “hold” rating and set a $69.00 price target on shares of Atlas Air Worldwide Holdings in a report on Tuesday, September 12th. Cowen and Company reiterated a “hold” rating on shares of Atlas Air Worldwide Holdings in a report on Thursday, October 12th. ValuEngine lowered Atlas Air Worldwide Holdings from a “strong-buy” rating to a “buy” rating in a report on Tuesday, November 14th. Finally, BidaskClub lowered Atlas Air Worldwide Holdings from a “buy” rating to a “hold” rating in a report on Monday, July 31st. Two research analysts have rated the stock with a sell rating, one has issued a hold rating and five have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of $70.00.

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Atlas Air Worldwide Holdings Profile

Atlas Air Worldwide Holdings, Inc is a holding company. The Company provides outsourced aircraft and aviation operating services throughout the world, serving Africa, Asia, Australia, Europe, the Middle East, North America and South America through contractual service arrangements, including those through which it provides aircraft to customers and value-added services, including crew, maintenance and insurance (ACMI), as well as those through which it provides crew, maintenance and insurance, but not the aircraft (CMI); cargo and passenger charter services (Charter), and dry leasing aircraft and engines (Dry Leasing).

Institutional Ownership by Quarter for Atlas Air Worldwide Holdings (NASDAQ:AAWW)

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