Elk Creek Partners LLC grew its holdings in Atlas Air Worldwide Holdings (NASDAQ:AAWW) by 16.3% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 197,515 shares of the transportation company’s stock after purchasing an additional 27,646 shares during the quarter. Elk Creek Partners LLC owned approximately 0.78% of Atlas Air Worldwide Holdings worth $10,300,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. OLD National Bancorp IN bought a new position in shares of Atlas Air Worldwide Holdings during the 2nd quarter worth approximately $338,000. Heartland Advisors Inc. bought a new position in shares of Atlas Air Worldwide Holdings during the 2nd quarter worth approximately $10,430,000. Vanguard Group Inc. raised its stake in shares of Atlas Air Worldwide Holdings by 5.5% during the 1st quarter. Vanguard Group Inc. now owns 2,195,742 shares of the transportation company’s stock worth $121,754,000 after acquiring an additional 114,422 shares in the last quarter. OZ Management LP bought a new position in shares of Atlas Air Worldwide Holdings during the 2nd quarter worth approximately $1,416,000. Finally, US Bancorp DE raised its stake in shares of Atlas Air Worldwide Holdings by 3.7% during the 2nd quarter. US Bancorp DE now owns 5,548 shares of the transportation company’s stock worth $289,000 after acquiring an additional 197 shares in the last quarter. Institutional investors and hedge funds own 96.41% of the company’s stock.

In related news, EVP Adam Richard Kokas sold 10,000 shares of Atlas Air Worldwide Holdings stock in a transaction that occurred on Thursday, August 31st. The shares were sold at an average price of $66.40, for a total value of $664,000.00. Following the completion of the transaction, the executive vice president now owns 25,418 shares in the company, valued at $1,687,755.20. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO William J. Flynn sold 5,000 shares of Atlas Air Worldwide Holdings stock in a transaction that occurred on Monday, July 3rd. The stock was sold at an average price of $52.20, for a total transaction of $261,000.00. Following the completion of the transaction, the chief executive officer now owns 216,958 shares of the company’s stock, valued at approximately $11,325,207.60. The disclosure for this sale can be found here. Insiders sold 41,000 shares of company stock valued at $2,458,350 in the last quarter. 2.50% of the stock is owned by insiders.

Several research analysts recently commented on AAWW shares. Stifel Nicolaus reiterated a “buy” rating on shares of Atlas Air Worldwide Holdings in a research note on Friday, June 2nd. Cowen and Company reiterated a “hold” rating and set a $60.00 price objective on shares of Atlas Air Worldwide Holdings in a research note on Tuesday, July 11th. BidaskClub upgraded shares of Atlas Air Worldwide Holdings from a “hold” rating to a “buy” rating in a research note on Wednesday, July 12th. Zacks Investment Research upgraded shares of Atlas Air Worldwide Holdings from a “sell” rating to a “hold” rating in a research note on Monday, July 17th. Finally, Susquehanna Bancshares Inc started coverage on shares of Atlas Air Worldwide Holdings in a research note on Thursday, August 17th. They set a “positive” rating and a $72.00 price objective for the company. One equities research analyst has rated the stock with a sell rating, two have given a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. The company has a consensus rating of “Buy” and an average target price of $70.00.

Atlas Air Worldwide Holdings (AAWW) traded down 0.38% on Friday, hitting $65.70. 383,109 shares of the company traded hands. The stock’s 50-day moving average is $64.05 and its 200 day moving average is $56.40. The firm has a market capitalization of $1.66 billion, a P/E ratio of 28.08 and a beta of 1.40. Atlas Air Worldwide Holdings has a 12 month low of $37.68 and a 12 month high of $68.25.

Atlas Air Worldwide Holdings (NASDAQ:AAWW) last issued its quarterly earnings results on Wednesday, August 2nd. The transportation company reported $1.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.85 by $0.24. Atlas Air Worldwide Holdings had a net margin of 2.98% and a return on equity of 8.11%. The company had revenue of $517.37 million during the quarter, compared to the consensus estimate of $500.44 million. During the same quarter in the previous year, the firm earned $0.80 earnings per share. The firm’s quarterly revenue was up 16.7% on a year-over-year basis. Equities analysts forecast that Atlas Air Worldwide Holdings will post $4.84 EPS for the current fiscal year.

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About Atlas Air Worldwide Holdings

Atlas Air Worldwide Holdings, Inc is a holding company. The Company provides outsourced aircraft and aviation operating services throughout the world, serving Africa, Asia, Australia, Europe, the Middle East, North America and South America through contractual service arrangements, including those through which it provides aircraft to customers and value-added services, including crew, maintenance and insurance (ACMI), as well as those through which it provides crew, maintenance and insurance, but not the aircraft (CMI); cargo and passenger charter services (Charter), and dry leasing aircraft and engines (Dry Leasing).

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Institutional Ownership by Quarter for Atlas Air Worldwide Holdings (NASDAQ:AAWW)

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