Measured Wealth Private Client Group LLC Has $332,000 Stock Holdings in Delta Air Lines, Inc. (NYSE:DAL)

Measured Wealth Private Client Group LLC grew its stake in shares of Delta Air Lines, Inc. (NYSE:DAL) by 27.9% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 8,245 shares of the transportation company’s stock after purchasing an additional 1,798 shares during the quarter. Measured Wealth Private Client Group LLC’s holdings in Delta Air Lines were worth $332,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Venturi Wealth Management LLC raised its stake in Delta Air Lines by 396.6% in the fourth quarter. Venturi Wealth Management LLC now owns 720 shares of the transportation company’s stock valued at $29,000 after buying an additional 575 shares during the period. Headlands Technologies LLC acquired a new stake in Delta Air Lines during the 3rd quarter valued at $35,000. Robeco Institutional Asset Management B.V. boosted its position in Delta Air Lines by 1,302.1% during the third quarter. Robeco Institutional Asset Management B.V. now owns 1,318 shares of the transportation company’s stock worth $49,000 after purchasing an additional 1,224 shares during the period. Itau Unibanco Holding S.A. acquired a new position in shares of Delta Air Lines in the third quarter valued at $56,000. Finally, Massmutual Trust Co. FSB ADV lifted its stake in shares of Delta Air Lines by 147.7% during the 4th quarter. Massmutual Trust Co. FSB ADV now owns 1,434 shares of the transportation company’s stock worth $58,000 after buying an additional 855 shares during the last quarter. Institutional investors own 69.93% of the company’s stock.

Delta Air Lines Trading Up 1.0 %

Shares of NYSE:DAL traded up $0.52 during mid-day trading on Friday, reaching $51.55. 9,165,946 shares of the company’s stock were exchanged, compared to its average volume of 12,487,077. The firm has a market capitalization of $32.99 billion, a price-to-earnings ratio of 6.63, a PEG ratio of 0.77 and a beta of 1.38. Delta Air Lines, Inc. has a twelve month low of $30.60 and a twelve month high of $51.65. The business’s fifty day moving average price is $45.98 and its 200-day moving average price is $40.81. The company has a debt-to-equity ratio of 1.48, a quick ratio of 0.36 and a current ratio of 0.41.

Delta Air Lines (NYSE:DAL) last released its quarterly earnings results on Thursday, April 11th. The transportation company reported $0.45 EPS for the quarter, beating analysts’ consensus estimates of $0.36 by $0.09. The firm had revenue of $13.75 billion for the quarter, compared to analyst estimates of $12.51 billion. Delta Air Lines had a return on equity of 41.89% and a net margin of 8.48%. The business’s revenue was up 7.8% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.25 EPS. On average, research analysts predict that Delta Air Lines, Inc. will post 6.61 EPS for the current fiscal year.

Delta Air Lines Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 4th. Stockholders of record on Tuesday, May 14th will be paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.78%. The ex-dividend date of this dividend is Monday, May 13th. Delta Air Lines’s dividend payout ratio is currently 5.14%.

Analysts Set New Price Targets

A number of research analysts recently commented on the stock. Bank of America upped their price target on shares of Delta Air Lines from $53.00 to $55.00 and gave the company a “buy” rating in a research note on Thursday, April 11th. Susquehanna lifted their price target on Delta Air Lines from $47.00 to $54.00 and gave the stock a “positive” rating in a report on Tuesday, April 9th. Morgan Stanley reaffirmed an “overweight” rating and issued a $85.00 price objective on shares of Delta Air Lines in a report on Thursday, April 11th. StockNews.com downgraded Delta Air Lines from a “buy” rating to a “hold” rating in a report on Thursday, February 22nd. Finally, Deutsche Bank Aktiengesellschaft upped their price target on shares of Delta Air Lines from $50.00 to $60.00 and gave the company a “buy” rating in a research note on Thursday, April 11th. One equities research analyst has rated the stock with a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, Delta Air Lines currently has an average rating of “Buy” and a consensus target price of $58.29.

Insider Transactions at Delta Air Lines

In other Delta Air Lines news, President Glen W. Hauenstein sold 100,000 shares of the company’s stock in a transaction on Monday, April 22nd. The shares were sold at an average price of $49.05, for a total transaction of $4,905,000.00. Following the sale, the president now owns 217,584 shares of the company’s stock, valued at $10,672,495.20. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, Director Willie Cw Chiang bought 10,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 1st. The shares were bought at an average price of $49.50 per share, for a total transaction of $495,000.00. Following the transaction, the director now directly owns 10,000 shares of the company’s stock, valued at $495,000. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, President Glen W. Hauenstein sold 100,000 shares of Delta Air Lines stock in a transaction on Monday, April 22nd. The shares were sold at an average price of $49.05, for a total transaction of $4,905,000.00. Following the completion of the sale, the president now directly owns 217,584 shares of the company’s stock, valued at $10,672,495.20. The disclosure for this sale can be found here. Insiders sold a total of 174,073 shares of company stock worth $8,581,207 over the last three months. 0.89% of the stock is owned by company insiders.

Delta Air Lines Company Profile

Delta Air Lines, Inc provides scheduled air transportation for passengers and cargo in the United States and internationally. The company operates through two segments, Airline and Refinery. Its domestic network centered on core hubs in Atlanta, Minneapolis-St. Paul, Detroit, and Salt Lake City, as well as coastal hub positions in Boston, Los Angeles, New York-LaGuardia, New York-JFK, and Seattle; and international network centered on hubs and market presence in Amsterdam, Bogota, Lima, Mexico City, London-Heathrow, Paris-Charles de Gaulle, Sao Paulo, Seoul-Incheon, and Tokyo.