State of Tennessee Treasury Department continued to hold its stake in shares of Atlas Air Worldwide Holdings (NASDAQ:AAWW) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 23,158 shares of the transportation company’s stock at the close of the second quarter. State of Tennessee Treasury Department owned approximately 0.09% of Atlas Air Worldwide Holdings worth $1,208,000 at the end of the most recent quarter.

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

In other Atlas Air Worldwide Holdings news, CEO William J. Flynn sold 5,000 shares of Atlas Air Worldwide Holdings stock in a transaction that occurred on Monday, July 3rd. The shares were sold at an average price of $52.20, for a total transaction of $261,000.00. Following the completion of the sale, the chief executive officer now directly owns 216,958 shares in the company, valued at approximately $11,325,207.60. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Duncan J. Mcnabb sold 1,000 shares of Atlas Air Worldwide Holdings stock in a transaction that occurred on Friday, August 11th. The shares were sold at an average price of $60.65, for a total transaction of $60,650.00. Following the sale, the director now owns 12,969 shares of the company’s stock, valued at $786,569.85. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 41,000 shares of company stock valued at $2,458,350. Company insiders own 2.50% of the company’s stock.

Several research analysts have recently issued reports on AAWW shares. Zacks Investment Research upgraded shares of Atlas Air Worldwide Holdings from a “hold” rating to a “buy” rating and set a $74.00 target price on the stock in a research note on Monday, August 7th. BidaskClub upgraded shares of Atlas Air Worldwide Holdings from a “hold” rating to a “buy” rating in a research report on Wednesday, July 12th. Stifel Nicolaus restated a “buy” rating on shares of Atlas Air Worldwide Holdings in a research report on Friday, June 2nd. Cowen and Company restated a “hold” rating and set a $70.00 price objective on shares of Atlas Air Worldwide Holdings in a research report on Tuesday, September 5th. Finally, Susquehanna Bancshares Inc assumed coverage on shares of Atlas Air Worldwide Holdings in a research report on Thursday, August 17th. They set a “positive” rating and a $72.00 price objective on the stock. One investment analyst has rated the stock with a sell rating, two have issued a hold rating, four have issued 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 price target of $70.00.

Atlas Air Worldwide Holdings (NASDAQ:AAWW) opened at 67.60 on Friday. The firm has a 50-day moving average of $64.44 and a 200 day moving average of $56.51. The company has a market capitalization of $1.71 billion, a P/E ratio of 28.89 and a beta of 1.40. Atlas Air Worldwide Holdings has a 52-week low of $38.54 and a 52-week high of $68.25.

Atlas Air Worldwide Holdings (NASDAQ:AAWW) last announced its quarterly earnings data on Wednesday, August 2nd. The transportation company reported $1.09 EPS for the quarter, beating the consensus estimate 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 business had revenue of $517.37 million during the quarter, compared to analysts’ expectations of $500.44 million. During the same period in the previous year, the business posted $0.80 EPS. The business’s quarterly revenue was up 16.7% compared to the same quarter last year. Equities analysts predict that Atlas Air Worldwide Holdings will post $4.84 earnings per share for the current fiscal year.

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Atlas Air Worldwide Holdings Profile

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).

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

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