State Street Corp increased its stake in LATAM Airlines Group S.A. (NYSE:LTM) by 1.5% during the second quarter, according to its most recent filing with the SEC. The fund owned 901,809 shares of the transportation company’s stock after buying an additional 12,941 shares during the quarter. State Street Corp’s holdings in LATAM Airlines Group were worth $9,984,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. SG Americas Securities LLC increased its position in shares of LATAM Airlines Group by 6.6% during the second quarter. SG Americas Securities LLC now owns 13,122 shares of the transportation company’s stock valued at $145,000 after buying an additional 809 shares during the period. World Asset Management Inc increased its position in shares of LATAM Airlines Group by 2.6% during the second quarter. World Asset Management Inc now owns 35,713 shares of the transportation company’s stock valued at $395,000 after buying an additional 914 shares during the period. Global X Management Co. LLC increased its position in shares of LATAM Airlines Group by 6.5% during the second quarter. Global X Management Co. LLC now owns 17,087 shares of the transportation company’s stock valued at $189,000 after buying an additional 1,040 shares during the period. Comerica Bank increased its position in shares of LATAM Airlines Group by 4.2% during the second quarter. Comerica Bank now owns 32,595 shares of the transportation company’s stock valued at $389,000 after buying an additional 1,316 shares during the period. Finally, KCG Holdings Inc. increased its position in shares of LATAM Airlines Group by 58.9% during the first quarter. KCG Holdings Inc. now owns 18,758 shares of the transportation company’s stock valued at $238,000 after buying an additional 6,953 shares during the period. 3.17% of the stock is currently owned by institutional investors.

LATAM Airlines Group S.A. (NYSE LTM) traded down $0.29 during mid-day trading on Monday, hitting $13.45. 640,600 shares of the company traded hands, compared to its average volume of 460,647. LATAM Airlines Group S.A. has a one year low of $8.07 and a one year high of $15.06.

Several brokerages have recently weighed in on LTM. TheStreet upgraded LATAM Airlines Group from a “d+” rating to a “c” rating in a research report on Thursday, November 16th. Zacks Investment Research upgraded shares of LATAM Airlines Group from a “strong sell” rating to a “hold” rating in a research report on Wednesday, October 25th. Finally, Bank of America Corporation restated a “neutral” rating on shares of LATAM Airlines Group in a research report on Tuesday, October 24th. Three investment analysts have rated the stock with a sell rating and four have issued a hold rating to the stock. The company currently has an average rating of “Hold” and an average target price of $10.67.

TRADEMARK VIOLATION NOTICE: “LATAM Airlines Group S.A. (LTM) Shares Bought by State Street Corp” was reported by Watch List News and is owned by of Watch List News. If you are reading this piece of content on another website, it was illegally copied and republished in violation of United States and international trademark & copyright laws. The original version of this piece of content can be accessed at https://www.watchlistnews.com/latam-airlines-group-s-a-ltm-shares-bought-by-state-street-corp/1729180.html.

About LATAM Airlines Group

LATAM Airlines Group SA is a Chile-based company, which is engaged in passenger and cargo air transportation, both in the domestic markets of Chile, Peru, Argentina, Colombia, Ecuador and Brazil and in a developed series of regional and international routes in America, Europe and Oceania. These businesses are performed directly or through its subsidiaries in different countries.

Institutional Ownership by Quarter for LATAM Airlines Group (NYSE:LTM)

Receive News & Ratings for LATAM Airlines Group S.A. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for LATAM Airlines Group S.A. and related companies with Analyst Ratings Network's FREE daily email newsletter.