Deutsche Lufthansa AG (DLAKY) Position Raised by Glenmede Trust Co. NA
Glenmede Trust Co. NA boosted its position in shares of Deutsche Lufthansa AG (OTCMKTS:DLAKY) by 0.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 321,385 shares of the transportation company’s stock after purchasing an additional 1,538 shares during the period. Glenmede Trust Co. NA owned approximately 0.07% of Deutsche Lufthansa worth $11,854,000 at the end of the most recent reporting period.
Deutsche Lufthansa stock opened at $32.69 on Thursday. Deutsche Lufthansa AG has a 52 week low of $15.67 and a 52 week high of $37.37. The company has a current ratio of 1.06, a quick ratio of 1.00 and a debt-to-equity ratio of 0.74. The company has a market cap of $15,791.91, a price-to-earnings ratio of 7.65 and a beta of 0.59.
A number of research analysts have commented on the stock. Deutsche Bank upgraded shares of Deutsche Lufthansa from a “hold” rating to a “buy” rating in a research note on Friday, December 1st. Zacks Investment Research downgraded shares of Deutsche Lufthansa from a “buy” rating to a “hold” rating in a research note on Tuesday, December 26th. Credit Suisse Group upgraded shares of Deutsche Lufthansa from a “neutral” rating to an “outperform” rating in a research note on Wednesday, January 10th. Finally, Barclays downgraded shares of Deutsche Lufthansa from an “equal weight” rating to an “underweight” rating in a research note on Friday, February 9th. Two analysts have rated the stock with a sell rating, three have assigned a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $43.00.
Deutsche Lufthansa AG is an aviation company. The Company’s segments include; Logistics; maintenance, repair and overhaul services (MRO), Catering and Other. Its Passenger Airline Group segment includes the airlines Lufthansa Passenger Airlines, SWISS, Austrian Airlines and Eurowings. Lufthansa Cargo is the logistics services provider in the Lufthansa Group.
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