HighTower Advisors LLC Cuts Stake in Delta Air Lines, Inc. (DAL)

Saturday, 15 Jul, 2017

Following the completion of the sale, the chief operating officer now directly owns 89,232 shares of the company's stock, valued at approximately $4,503,539.04. Equities analysts forecast that Delta Air Lines, Inc. will post $5.12 EPS for the current year. (NYSE:DAL). Brown Brothers Harriman And Company reported 921 shares. Cap Fund reported 296,800 shares stake. 13,000 are owned by Livingston Gp Asset Com (Operating As Southport Management). Qs Invsts Limited Liability Co has invested 0.16% in Delta Air Lines, Inc. Teachers Retirement Of The State Of Kentucky holds 0.04% or 30,850 shares.

Analysts have been quite bullish, with price targets calling for Delta to surpass $60 a share, and before Thursday it looked as if the stock was well on its way there. (NYSE:JPM) as earnings season gets under way and their charts are already suggesting what the market's response to their earnings reports may be. Westpac owns 1.41 million shares. Pinebridge Invs Limited Partnership accumulated 6,359 shares. Qs Invsts Ltd Liability holds 176,352 shares or 0.06% of its portfolio. 170,990 were reported by U S Global Inc. Companies may issue new shares and buy back their own shares. The SI to Delta Air Lines Incorporated's float is 2.8%. The Average Volume of the company is 7.9 Million and P/E (price to earnings) ratio is 10.07, while Forward P/E ratio is 8.91. Somerset Trust Co boosted its stake in shares of Delta Air Lines by 0.5% in the second quarter. Price T Rowe Associates Inc Md holds 9.31 million shares or 0.09% of its portfolio.

Since January 23, 2017, it had 1 buy, and 7 insider sales for $7.95 million activity. On Thursday, February 9 West W Gilbert sold $492,000 worth of Delta Air Lines, Inc. Year-to-date, DAL has gained 13.70%, versus a 10.17% rise in the benchmark S&P 500 index during the same period.

04/06/2017 - Delta Air Lines, Inc. had its "overweight" rating reiterated by analysts at Morgan Stanley. Liberty Capital Management Inc. now owns 24,107 shares of the transportation company's stock valued at $1,309,000 after buying an additional 315 shares during the last quarter. (NYSE:DAL) has been trading recently. Over the last three months, insiders bought 482,665 shares of company stock valued at $288,100 and sold 55,606 shares valued at $2,753,289.

The Atlanta-based airline reported Q2 earnings per share (EPS) of $1.64, which was $0.02 worse than the Wall Street consensus estimate of $1.66.

Delta Air Lines Inc (NYSE:DAL) opened its previous trading session at $54.8 later Inclining 2.21% to close its trade at a share price of $55.48. The current share price indicates that stock is -0.48% away from its one year high and is moving 54.80% ahead of its 52-week low. About 465,035 shares traded. Evercore Wealth Mngmt Lc has invested 0.01% of its portfolio in Delta Air Lines, Inc. (NYSE:DAL) has risen 11.83% since July 13, 2016 and is uptrending. It has underperformed by 4.87% the S&P500. The Redwood Investments Llc holds 84,221 shares with $5.67 million value, up from 56,403 last quarter. (DAL) has made its way to a 12-month gain of 37.77%. Colorado-based Advisors Asset Management has invested 0.04% in Delta Air Lines, Inc. (NYSE:DAL). Invesco invested 0.03% in Delta Air Lines, Inc. Therefore 36% are positive. Delta Air Lines has $7500 highest and $41 lowest target. About 10.20 million shares traded or 31.61% up from the average. The firm had revenue of $10.79 billion for the quarter, compared to analyst estimates of $10.81 billion. Commerzbank Aktiengesellschaft Fi holds 0.04% of its portfolio in Delta Air Lines, Inc. "(NYSE:DAL)" was first posted by The Cerbat Gem and is the sole property of of The Cerbat Gem. The firm has "Buy" rating by Miller Tabak given on Friday, July 29. The company was maintained on Wednesday, July 5 by Stifel Nicolaus. More interesting news about Delta Air Lines, Inc. As per Thursday, August 18, the company rating was maintained by Telsey Advisory Group. The firm has "Buy" rating by Buckingham Research given on Wednesday, October 5. ValuEngine raised Delta Air Lines from a buy rating to a strong-buy rating in a research report on Tuesday, June 20th. The company was maintained on Wednesday, July 6 by Cowen & Co. The other 18 are split, though not evenly, between analysts who think you should buy its stock versus those who think you should sell it.