Atlas Air Worldwide Holdings, Inc. (NASDAQ:AAWW) rose 5.8% on Thursday . The company traded as high as $62.00 and last traded at $60.65. Approximately 611,600 shares were traded during trading, an increase of 66% from the average daily volume of 367,714 shares. The stock had previously closed at $57.30.

AAWW has been the topic of a number of research analyst reports. Zacks Investment Research lowered shares of Atlas Air Worldwide from a “hold” rating to a “sell” rating in a report on Thursday, November 9th. Stifel Nicolaus raised shares of Atlas Air Worldwide from a “hold” rating to a “buy” rating and set a $69.00 price objective on the stock in a report on Tuesday, November 7th. ValuEngine lowered shares of Atlas Air Worldwide from a “strong-buy” rating to a “buy” rating in a report on Tuesday, November 14th. Cowen reissued a “hold” rating on shares of Atlas Air Worldwide in a report on Thursday, October 12th. Finally, BidaskClub raised shares of Atlas Air Worldwide from a “strong sell” rating to a “sell” rating in a report on Thursday, December 21st. Two investment analysts have rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average target price of $70.33.

The company has a debt-to-equity ratio of 1.21, a quick ratio of 0.66 and a current ratio of 0.66. The stock has a market cap of $1,551.12, a price-to-earnings ratio of 13.00 and a beta of 1.38.

Atlas Air Worldwide (NASDAQ:AAWW) last posted its quarterly earnings results on Tuesday, November 7th. The transportation company reported $1.08 EPS for the quarter, missing the consensus estimate of $1.13 by ($0.05). Atlas Air Worldwide had a net margin of 2.06% and a return on equity of 8.14%. The business had revenue of $535.70 million during the quarter, compared to analysts’ expectations of $521.29 million. During the same period in the previous year, the company posted $1.09 earnings per share. Atlas Air Worldwide’s revenue for the quarter was up 19.6% compared to the same quarter last year. equities analysts forecast that Atlas Air Worldwide Holdings, Inc. will post 4.58 EPS for the current fiscal year.

In other Atlas Air Worldwide news, CFO Spencer Schwartz sold 4,027 shares of the company’s stock in a transaction on Friday, December 22nd. The shares were sold at an average price of $59.75, for a total value of $240,613.25. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO William J. Flynn sold 5,000 shares of the company’s stock in a transaction on Monday, October 23rd. The shares were sold at an average price of $63.64, for a total transaction of $318,200.00. Following the completion of the sale, the chief executive officer now directly owns 176,958 shares in the company, valued at $11,261,607.12. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 24,222 shares of company stock worth $1,491,498. 2.50% of the stock is owned by corporate insiders.

A number of large investors have recently bought and sold shares of AAWW. Schwab Charles Investment Management Inc. boosted its stake in shares of Atlas Air Worldwide by 7.1% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 201,083 shares of the transportation company’s stock worth $10,487,000 after acquiring an additional 13,345 shares in the last quarter. Legal & General Group Plc boosted its stake in shares of Atlas Air Worldwide by 9.6% during the 2nd quarter. Legal & General Group Plc now owns 45,371 shares of the transportation company’s stock worth $2,366,000 after acquiring an additional 3,978 shares in the last quarter. Principal Financial Group Inc. boosted its stake in shares of Atlas Air Worldwide by 0.6% during the 2nd quarter. Principal Financial Group Inc. now owns 192,153 shares of the transportation company’s stock worth $10,021,000 after acquiring an additional 1,168 shares in the last quarter. Stevens Capital Management LP purchased a new stake in shares of Atlas Air Worldwide during the 2nd quarter worth about $348,000. Finally, Elk Creek Partners LLC boosted its stake in shares of Atlas Air Worldwide by 16.3% during the 2nd quarter. Elk Creek Partners LLC now owns 197,515 shares of the transportation company’s stock worth $10,300,000 after acquiring an additional 27,646 shares in the last quarter. 96.40% of the stock is currently owned by institutional investors.

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Atlas Air Worldwide Company 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).

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