BidaskClub cut shares of China Southern Airlines Company Limited (NYSE:ZNH) from a hold rating to a sell rating in a report released on Friday.

Separately, Zacks Investment Research lowered shares of China Southern Airlines Company Limited from a hold rating to a sell rating in a report on Saturday, May 13th.

China Southern Airlines Company Limited (NYSE ZNH) opened at 38.13 on Friday. The company has a 50-day moving average price of $40.45 and a 200 day moving average price of $35.14. The company has a market capitalization of $7.39 billion, a PE ratio of 12.93 and a beta of 1.10. China Southern Airlines Company Limited has a 52-week low of $25.60 and a 52-week high of $43.35.

ILLEGAL ACTIVITY NOTICE: “China Southern Airlines Company Limited (ZNH) Lowered to Sell at BidaskClub” was originally published by Watch List News and is the property of of Watch List News. If you are viewing this piece on another publication, it was copied illegally and republished in violation of US and international trademark & copyright legislation. The original version of this piece can be read at https://www.watchlistnews.com/china-southern-airlines-company-limited-znh-lowered-to-sell-at-bidaskclub/1465037.html.

The company also recently declared an annual dividend, which will be paid on Monday, August 7th. Shareholders of record on Monday, July 3rd will be issued a $0.638 dividend. This is a positive change from China Southern Airlines Company Limited’s previous annual dividend of $0.33. This represents a yield of 1.73%. The ex-dividend date of this dividend is Thursday, June 29th.

Several large investors have recently made changes to their positions in the stock. Jane Street Group LLC raised its stake in shares of China Southern Airlines Company Limited by 108.9% in the first quarter. Jane Street Group LLC now owns 46,166 shares of the transportation company’s stock worth $1,535,000 after buying an additional 24,062 shares during the period. Parametric Portfolio Associates LLC raised its stake in shares of China Southern Airlines Company Limited by 64.5% in the first quarter. Parametric Portfolio Associates LLC now owns 44,681 shares of the transportation company’s stock worth $1,486,000 after buying an additional 17,524 shares during the period. Bank of Montreal Can raised its stake in shares of China Southern Airlines Company Limited by 253.7% in the second quarter. Bank of Montreal Can now owns 17,225 shares of the transportation company’s stock worth $713,000 after buying an additional 12,355 shares during the period. Karp Capital Management Corp bought a new stake in shares of China Southern Airlines Company Limited during the first quarter worth $381,000. Finally, Credit Suisse AG bought a new stake in shares of China Southern Airlines Company Limited during the first quarter worth $292,000. 0.48% of the stock is currently owned by hedge funds and other institutional investors.

About China Southern Airlines Company Limited

China Southern Airlines Company Limited is principally engaged in the operation of civil aviation, including the provision of passenger, cargo, mail delivery and other extended transportation services. The Company operates through two business segments, including Airline Transportation segment and Other segment.

Receive News & Ratings for China Southern Airlines Company Limited Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for China Southern Airlines Company Limited and related companies with Analyst Ratings Network's FREE daily email newsletter.