Louisiana State Employees Retirement System raised its position in Atlas Air Worldwide Holdings (NASDAQ:AAWW) by 1.0% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 10,300 shares of the transportation company’s stock after buying an additional 100 shares during the period. Louisiana State Employees Retirement System’s holdings in Atlas Air Worldwide Holdings were worth $537,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. OLD National Bancorp IN acquired a new position in Atlas Air Worldwide Holdings during the second quarter worth $338,000. Vanguard Group Inc. boosted its position in Atlas Air Worldwide Holdings by 5.5% in the first quarter. Vanguard Group Inc. now owns 2,195,742 shares of the transportation company’s stock worth $121,754,000 after buying an additional 114,422 shares in the last quarter. MARSHALL WACE ASIA Ltd acquired a new position in Atlas Air Worldwide Holdings during the first quarter worth $3,417,000. State of Alaska Department of Revenue boosted its position in Atlas Air Worldwide Holdings by 3.0% in the first quarter. State of Alaska Department of Revenue now owns 2,770 shares of the transportation company’s stock worth $153,000 after buying an additional 80 shares in the last quarter. Finally, Alliancebernstein L.P. boosted its position in Atlas Air Worldwide Holdings by 33.2% in the first quarter. Alliancebernstein L.P. now owns 1,382,286 shares of the transportation company’s stock worth $76,648,000 after buying an additional 344,745 shares in the last quarter. Institutional investors and hedge funds own 96.32% of the company’s stock.

Atlas Air Worldwide Holdings (NASDAQ AAWW) traded down 1.67% during trading on Thursday, reaching $61.90. The company had a trading volume of 151,103 shares. The company has a market capitalization of $1.56 billion, a P/E ratio of 26.45 and a beta of 1.45. Atlas Air Worldwide Holdings has a 12 month low of $34.22 and a 12 month high of $67.75. The firm’s 50 day moving average is $57.42 and its 200-day moving average is $54.33.

Atlas Air Worldwide Holdings (NASDAQ:AAWW) last posted its quarterly earnings results on Wednesday, August 2nd. The transportation company reported $1.09 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.85 by $0.24. Atlas Air Worldwide Holdings had a return on equity of 8.11% and a net margin of 2.98%. The firm had revenue of $517.37 million during the quarter, compared to the consensus estimate of $500.44 million. During the same quarter in the previous year, the business earned $0.80 earnings per share. The firm’s quarterly revenue was up 16.7% compared to the same quarter last year. On average, equities analysts expect that Atlas Air Worldwide Holdings will post $4.78 earnings per share for the current year.

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AAWW has been the subject of a number of research analyst reports. Zacks Investment Research cut Atlas Air Worldwide Holdings from a “hold” rating to a “sell” rating in a report on Monday, May 1st. Stifel Nicolaus cut Atlas Air Worldwide Holdings from a “buy” rating to a “hold” rating and set a $63.00 price target for the company. in a report on Thursday, April 27th. They noted that the move was a valuation call. Imperial Capital reiterated an “outperform” rating on shares of Atlas Air Worldwide Holdings in a report on Friday, May 19th. BidaskClub cut Atlas Air Worldwide Holdings from a “buy” rating to a “hold” rating in a report on Monday, July 31st. Finally, Cowen and Company reiterated an “outperform” rating and set a $70.00 price target (up from $60.00) on shares of Atlas Air Worldwide Holdings in a report on Thursday, August 3rd. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of $68.40.

In other Atlas Air Worldwide Holdings news, CEO William J. Flynn sold 5,000 shares of the business’s stock in a transaction dated Monday, July 10th. The stock was sold at an average price of $55.10, for a total transaction of $275,500.00. Following the completion of the sale, the chief executive officer now owns 211,958 shares of the company’s stock, valued at $11,678,885.80. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In the last three months, insiders have sold 25,000 shares of company stock valued at $1,404,200. 2.50% of the stock is owned by company insiders.

About Atlas Air Worldwide Holdings

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

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