Cozad Asset Management Inc. acquired a new position in Delta Air Lines, Inc. (NYSE:DAL) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 13,128 shares of the transportation company’s stock, valued at approximately $650,000.

Other institutional investors have also modified their holdings of the company. Victory Capital Management Inc. lifted its stake in Delta Air Lines by 19.5% during the first quarter. Victory Capital Management Inc. now owns 55,396 shares of the transportation company’s stock worth $3,036,000 after purchasing an additional 9,024 shares in the last quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund lifted its stake in Delta Air Lines by 88.4% during the first quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 6,216 shares of the transportation company’s stock worth $341,000 after purchasing an additional 2,916 shares in the last quarter. Aperio Group LLC lifted its stake in Delta Air Lines by 6.3% during the first quarter. Aperio Group LLC now owns 319,689 shares of the transportation company’s stock worth $17,522,000 after purchasing an additional 18,914 shares in the last quarter. Thompson Siegel & Walmsley LLC lifted its stake in Delta Air Lines by 18.0% during the first quarter. Thompson Siegel & Walmsley LLC now owns 47,741 shares of the transportation company’s stock worth $2,617,000 after purchasing an additional 7,275 shares in the last quarter. Finally, Ayalon Holdings Ltd. acquired a new position in Delta Air Lines during the first quarter worth $987,000. Institutional investors own 87.30% of the company’s stock.

A number of research analysts have commented on DAL shares. Imperial Capital upped their price target on Delta Air Lines from $65.00 to $71.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 22nd. ValuEngine upgraded Delta Air Lines from a “hold” rating to a “buy” rating in a research note on Tuesday, September 4th. Buckingham Research upped their price target on Delta Air Lines from $64.00 to $71.00 and gave the stock a “buy” rating in a research note on Friday, September 7th. Deutsche Bank cut Delta Air Lines from a “buy” rating to a “hold” rating and decreased their price target for the stock from $64.00 to $53.00 in a research note on Tuesday, July 3rd. Finally, Morgan Stanley decreased their price target on Delta Air Lines from $67.00 to $64.00 and set an “overweight” rating on the stock in a research note on Thursday, July 12th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, fourteen have assigned a buy rating and one has given a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $66.61.

Shares of NYSE DAL opened at $57.93 on Friday. The firm has a market capitalization of $39.68 billion, a PE ratio of 11.39, a P/E/G ratio of 0.51 and a beta of 1.06. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.31 and a current ratio of 0.40. Delta Air Lines, Inc. has a 12-month low of $47.12 and a 12-month high of $60.79.

Delta Air Lines (NYSE:DAL) last announced its quarterly earnings data on Thursday, July 12th. The transportation company reported $1.77 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.72 by $0.05. The business had revenue of $11.78 billion for the quarter, compared to analysts’ expectations of $11.73 billion. Delta Air Lines had a return on equity of 26.75% and a net margin of 7.72%. The company’s revenue for the quarter was up 9.1% compared to the same quarter last year. During the same period last year, the firm earned $1.64 earnings per share. analysts anticipate that Delta Air Lines, Inc. will post 5.59 earnings per share for the current year.

In other news, VP Craig M. Meynard sold 1,793 shares of the stock in a transaction on Friday, July 27th. The stock was sold at an average price of $54.31, for a total value of $97,377.83. Following the sale, the vice president now directly owns 7,170 shares in the company, valued at $389,402.70. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Daniel A. Carp sold 25,000 shares of the stock in a transaction on Wednesday, July 25th. The shares were sold at an average price of $51.53, for a total value of $1,288,250.00. Following the completion of the sale, the director now owns 45,123 shares in the company, valued at $2,325,188.19. The disclosure for this sale can be found here. Over the last quarter, insiders sold 117,787 shares of company stock worth $6,276,276. Insiders own 0.33% of the company’s stock.

Delta Air Lines Profile

Delta Air Lines, Inc provides scheduled air transportation for passengers and cargo in the United States and internationally. The company operates through two segments, Airline and Refinery. Its route network is centered on a system of hubs, international gateways, and airports in Amsterdam, Atlanta, Boston, Detroit, London-Heathrow, Los Angeles, Minneapolis-St.

See Also: Exchange-Traded Funds (ETFs)

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

Receive News & Ratings for Delta Air Lines Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Delta Air Lines and related companies with MarketBeat.com's FREE daily email newsletter.