Rothschild Investment Corp IL cut its holdings in Delta Air Lines, Inc. (NYSE:DAL) by 5.4% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 32,980 shares of the transportation company’s stock after selling 1,890 shares during the quarter. Rothschild Investment Corp IL’s holdings in Delta Air Lines were worth $1,847,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of DAL. Mountain Capital Investment Advisors Inc acquired a new position in Delta Air Lines in the second quarter valued at approximately $114,000. BB&T Investment Services Inc. acquired a new position in Delta Air Lines in the second quarter valued at approximately $128,000. Advisory Services Network LLC lifted its stake in Delta Air Lines by 3.0% in the second quarter. Advisory Services Network LLC now owns 2,546 shares of the transportation company’s stock valued at $137,000 after buying an additional 75 shares during the period. IHT Wealth Management LLC lifted its stake in Delta Air Lines by 40.9% in the second quarter. IHT Wealth Management LLC now owns 758 shares of the transportation company’s stock valued at $146,000 after buying an additional 220 shares during the period. Finally, Blue Granite Capital LLC acquired a new position in shares of Delta Air Lines during the third quarter worth approximately $162,000. 85.01% of the stock is currently owned by hedge funds and other institutional investors.

In related news, EVP Peter W. Carter sold 19,809 shares of the company’s stock in a transaction on Tuesday, November 21st. The stock was sold at an average price of $50.42, for a total transaction of $998,769.78. Following the completion of the sale, the executive vice president now owns 67,077 shares in the company, valued at $3,382,022.34. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Edward H. Bastian sold 20,000 shares of the company’s stock in a transaction on Thursday, November 30th. The stock was sold at an average price of $52.79, for a total value of $1,055,800.00. The disclosure for this sale can be found here. Insiders have sold 322,809 shares of company stock valued at $18,200,262 in the last quarter. 0.37% of the stock is currently owned by corporate insiders.

A number of equities analysts have recently weighed in on the company. Imperial Capital reaffirmed an “outperform” rating and set a $65.00 target price (up from $63.00) on shares of Delta Air Lines in a research report on Friday, January 12th. Sanford C. Bernstein set a $67.00 target price on Delta Air Lines and gave the stock a “buy” rating in a research report on Wednesday, January 10th. Stephens reaffirmed a “buy” rating and set a $72.00 target price on shares of Delta Air Lines in a research report on Wednesday, January 10th. Stifel Nicolaus reaffirmed a “buy” rating and set a $85.00 target price (up from $75.00) on shares of Delta Air Lines in a research report on Wednesday, January 10th. Finally, Vetr raised Delta Air Lines from a “strong sell” rating to a “sell” rating and set a $49.97 target price on the stock in a research report on Wednesday, January 3rd. Two analysts have rated the stock with a sell rating, one has issued a hold rating, sixteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus price target of $65.53.

Shares of Delta Air Lines, Inc. (NYSE DAL) traded down $0.50 during trading on Tuesday, reaching $59.63. The company had a trading volume of 4,300,000 shares, compared to its average volume of 8,210,000. Delta Air Lines, Inc. has a 1-year low of $43.81 and a 1-year high of $60.79. The company has a market capitalization of $42,510.00, a P/E ratio of 12.07, a P/E/G ratio of 0.81 and a beta of 1.30. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.42 and a quick ratio of 0.35.

Delta Air Lines (NYSE:DAL) last announced its quarterly earnings results on Thursday, January 11th. The transportation company reported $0.96 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.88 by $0.08. Delta Air Lines had a return on equity of 26.28% and a net margin of 8.67%. The business had revenue of $10.25 billion during the quarter, compared to the consensus estimate of $10.14 billion. During the same quarter in the prior year, the company posted $0.82 earnings per share. Delta Air Lines’s revenue was up 8.3% compared to the same quarter last year. sell-side analysts anticipate that Delta Air Lines, Inc. will post 6.42 EPS for the current fiscal year.

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Delta Air Lines Company Profile

Delta Air Lines, Inc provides scheduled air transportation for passengers and cargo throughout the United States and across the world. The Company’s segments include Airline and Refinery. The Company’s route network is centered around a system of hub, international gateway and airports that the Company operates in Amsterdam, Atlanta, Boston, Detroit, London-Heathrow, Los Angeles, Minneapolis-St.

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

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