Aperio Group LLC boosted its position in Delta Air Lines, Inc. (NYSE:DAL) by 4.0% in the fourth quarter, Holdings Channel reports. The institutional investor owned 300,775 shares of the transportation company’s stock after purchasing an additional 11,693 shares during the period. Aperio Group LLC’s holdings in Delta Air Lines were worth $16,843,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently added to or reduced their stakes in DAL. Baker Ellis Asset Management LLC purchased a new stake in Delta Air Lines in the fourth quarter worth $106,000. Mountain Capital Investment Advisors Inc purchased a new stake in Delta Air Lines in the second quarter worth $114,000. BB&T Investment Services Inc. purchased a new stake in Delta Air Lines in the second quarter worth $128,000. Advisory Services Network LLC increased its position in Delta Air Lines by 3.0% in the second quarter. Advisory Services Network LLC now owns 2,546 shares of the transportation company’s stock worth $137,000 after buying an additional 75 shares during the last quarter. Finally, IHT Wealth Management LLC increased its position in Delta Air Lines by 40.9% in the second quarter. IHT Wealth Management LLC now owns 758 shares of the transportation company’s stock worth $146,000 after buying an additional 220 shares during the last quarter. 85.09% of the stock is owned by institutional investors and hedge funds.

Shares of Delta Air Lines, Inc. (NYSE DAL) opened at $53.10 on Wednesday. The stock has a market capitalization of $37,860.00, a price-to-earnings ratio of 10.75, a P/E/G ratio of 0.73 and a beta of 1.14. Delta Air Lines, Inc. has a 52 week low of $43.81 and a 52 week high of $60.79. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.35 and a current ratio of 0.42.

Delta Air Lines (NYSE:DAL) last posted its quarterly earnings data on Thursday, January 11th. The transportation company reported $0.96 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.88 by $0.08. The company had revenue of $10.25 billion during the quarter, compared to analyst estimates of $10.14 billion. Delta Air Lines had a return on equity of 26.28% and a net margin of 8.67%. The firm’s quarterly revenue was up 8.3% on a year-over-year basis. During the same quarter last year, the company earned $0.82 earnings per share. equities analysts expect that Delta Air Lines, Inc. will post 6.46 EPS for the current fiscal year.

In other Delta Air Lines news, CEO Edward H. Bastian sold 20,000 shares of Delta Air Lines stock in a transaction dated Thursday, November 30th. The stock was sold at an average price of $52.79, for a total transaction of $1,055,800.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Peter W. Carter sold 19,809 shares of Delta Air Lines stock in a transaction dated Tuesday, November 21st. The stock was sold at an average price of $50.42, for a total value of $998,769.78. Following the sale, the executive vice president now directly owns 67,077 shares of the company’s stock, valued at approximately $3,382,022.34. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 363,447 shares of company stock valued at $20,591,693. Corporate insiders own 0.37% of the company’s stock.

DAL has been the subject of several recent research reports. Imperial Capital upgraded Delta Air Lines from an “in-line” rating to an “outperform” rating and set a $63.00 price target for the company in a research report on Thursday, October 12th. Cowen lifted their price target on Delta Air Lines from $58.00 to $62.00 and gave the company an “outperform” rating in a research report on Thursday, October 12th. JPMorgan Chase & Co. lifted their price target on Delta Air Lines from $63.00 to $68.00 and gave the company an “overweight” rating in a research report on Wednesday, November 1st. Zacks Investment Research upgraded Delta Air Lines from a “sell” rating to a “hold” rating in a research report on Friday, November 10th. Finally, Vetr cut Delta Air Lines from a “strong-buy” rating to a “sell” rating and set a $45.16 price target for the company. in a research report on Monday, November 13th. Two investment analysts have rated the stock with a sell rating, one has issued a hold rating, sixteen have issued a buy rating and one has given a strong buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus price target of $65.53.

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Delta Air Lines Company Profile

Delta Air Lines, Inc provides scheduled air transportation for passengers and cargo throughout the United States and across the world. The Company’s segments include Airline and Refinery. The Company’s route network is centered around a system of hub, international gateway and airports that the Company operates in Amsterdam, Atlanta, Boston, Detroit, London-Heathrow, Los Angeles, Minneapolis-St.

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Institutional Ownership by Quarter for Delta Air Lines (NYSE:DAL)

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