Landscape Capital Management L.L.C. Invests $5.03 Million in Allegiant Travel Company $ALGT

Landscape Capital Management L.L.C. bought a new stake in shares of Allegiant Travel Company (NASDAQ:ALGT) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 59,005 shares of the transportation company’s stock, valued at approximately $5,031,000. Landscape Capital Management L.L.C. owned approximately 0.32% of Allegiant Travel as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also added to or reduced their stakes in the company. Segall Bryant & Hamill LLC lifted its stake in shares of Allegiant Travel by 2.2% during the 4th quarter. Segall Bryant & Hamill LLC now owns 118,926 shares of the transportation company’s stock valued at $10,141,000 after buying an additional 2,570 shares in the last quarter. Stifel Financial Corp bought a new stake in Allegiant Travel in the 4th quarter valued at $352,000. State Street Corp increased its holdings in Allegiant Travel by 0.4% in the 4th quarter. State Street Corp now owns 567,340 shares of the transportation company’s stock valued at $48,377,000 after acquiring an additional 2,282 shares during the last quarter. Wells Fargo & Company MN increased its holdings in Allegiant Travel by 51.1% in the 4th quarter. Wells Fargo & Company MN now owns 16,197 shares of the transportation company’s stock valued at $1,381,000 after acquiring an additional 5,479 shares during the last quarter. Finally, Lord Abbett & CO. LLC bought a new stake in shares of Allegiant Travel in the 4th quarter worth about $1,919,000. Institutional investors own 85.81% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on ALGT. Citigroup cut their price target on shares of Allegiant Travel from $114.00 to $98.00 and set a “neutral” rating on the stock in a report on Friday, March 20th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Allegiant Travel in a report on Friday, May 29th. UBS Group boosted their price objective on shares of Allegiant Travel from $90.00 to $93.00 and gave the company a “neutral” rating in a research report on Monday, March 23rd. Zacks Research cut shares of Allegiant Travel from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, April 1st. Finally, Bank of America upped their price target on shares of Allegiant Travel from $90.00 to $100.00 and gave the stock a “neutral” rating in a research report on Tuesday, June 2nd. Five research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $103.20.

Allegiant Travel Stock Up 6.5%

ALGT stock opened at $91.59 on Friday. The firm has a market cap of $1.69 billion, a PE ratio of -45.79, a P/E/G ratio of 0.46 and a beta of 1.55. The company has a debt-to-equity ratio of 1.52, a quick ratio of 0.87 and a current ratio of 0.91. The firm’s fifty day moving average is $82.70 and its 200 day moving average is $86.78. Allegiant Travel Company has a one year low of $42.56 and a one year high of $118.00.

Allegiant Travel (NASDAQ:ALGT) last released its quarterly earnings results on Thursday, April 30th. The transportation company reported $3.77 EPS for the quarter, beating the consensus estimate of $3.40 by $0.37. The company had revenue of $732.43 million for the quarter, compared to analyst estimates of $711.01 million. Allegiant Travel had a negative net margin of 1.30% and a positive return on equity of 10.07%. The firm’s revenue was up 4.8% on a year-over-year basis. During the same quarter last year, the business earned $2.11 earnings per share. Allegiant Travel has set its Q2 2026 guidance at -1.000–0.000 EPS. On average, research analysts forecast that Allegiant Travel Company will post 3.89 EPS for the current year.

Allegiant Travel Profile

Allegiant Travel Company is a holding company that operates Allegiant Air, a low‐cost leisure airline offering scheduled and charter air service. The company focuses on connecting underserved secondary markets with popular vacation destinations across the United States. By targeting price‐sensitive leisure travelers, Allegiant Air operates a point‐to‐point network that avoids the traditional hub‐and‐spoke model, providing non‐stop flights from smaller cities to resort and entertainment hubs.

In addition to its core flight operations, Allegiant Travel Company offers packaged travel services that include hotel accommodations, rental cars and attraction tickets through its online portal.