Susquehanna International Group LLP decreased its stake in China Southern Airlines Company Limited (NYSE:ZNH) by 45.0% in the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 6,360 shares of the transportation company’s stock after selling 5,207 shares during the quarter. Susquehanna International Group LLP’s holdings in China Southern Airlines Company Limited were worth $263,000 at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in ZNH. UBS Group AG boosted its holdings in shares of China Southern Airlines Company Limited by 37,787.5% in the 1st quarter. UBS Group AG now owns 3,031 shares of the transportation company’s stock worth $101,000 after purchasing an additional 3,023 shares during the period. Profund Advisors LLC purchased a new position in shares of China Southern Airlines Company Limited in the 2nd quarter worth approximately $215,000. Credit Suisse AG purchased a new position in shares of China Southern Airlines Company Limited in the 1st quarter worth approximately $292,000. Karp Capital Management Corp purchased a new position in shares of China Southern Airlines Company Limited in the 1st quarter worth approximately $381,000. Finally, Envestnet Asset Management Inc. boosted its holdings in shares of China Southern Airlines Company Limited by 4.2% in the 1st quarter. Envestnet Asset Management Inc. now owns 13,959 shares of the transportation company’s stock worth $464,000 after purchasing an additional 566 shares during the period. Hedge funds and other institutional investors own 0.45% of the company’s stock.

Shares of China Southern Airlines Company Limited (NYSE:ZNH) traded down 2.53% during trading on Tuesday, hitting $35.00. The stock had a trading volume of 656 shares. The firm’s 50-day moving average is $37.13 and its 200 day moving average is $37.48. The firm has a market cap of $6.87 billion, a price-to-earnings ratio of 9.72 and a beta of 1.09. China Southern Airlines Company Limited has a 52-week low of $25.60 and a 52-week high of $43.35.

COPYRIGHT VIOLATION NOTICE: This piece of content was originally published by Watch List News and is owned by of Watch List News. If you are viewing this piece of content on another domain, it was copied illegally and republished in violation of United States and international trademark and copyright legislation. The legal version of this piece of content can be accessed at https://www.watchlistnews.com/china-southern-airlines-company-limited-znh-shares-sold-by-susquehanna-international-group-llp/1636582.html.

Separately, BidaskClub cut China Southern Airlines Company Limited from a “strong-buy” rating to a “buy” rating in a report on Wednesday, July 12th.

China Southern Airlines Company Limited Profile

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.

Want to see what other hedge funds are holding ZNH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for China Southern Airlines Company Limited (NYSE:ZNH).

Institutional Ownership by Quarter for China Southern Airlines Company Limited (NYSE:ZNH)

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.