As Delta Air Lines INC Del (DAL) Valuation Declined, Md Sass Investors Services INC Decreased Its Holding

Investors sentiment increased to 1.15 in 2017 Q3. Its up 0.17, from 0.98 in 2017Q2. It improved, as 69 investors sold DAL shares while 247 reduced holdings. 92 funds opened positions while 271 raised stakes. 589.14 million shares or 3.18% less from 608.49 million shares in 2017Q2 were reported. Boothbay Fund Mngmt Ltd Limited Liability Company invested in 0.06% or 6,929 shares. Ssi Inv Management Inc holds 0.03% or 6,604 shares in its portfolio. Advisory Ser Networks Lc reported 2,574 shares. Zwj Counsel, Georgia-based fund reported 14,107 shares. Pitcairn reported 0.21% in Delta Air Lines, Inc. (NYSE:DAL). Sun Life Financial invested in 4,874 shares or 0.02% of the stock. Cognios Capital Limited Liability Com holds 0.08% or 4,353 shares. Norman Fields Gottscho Limited Liability Company holds 2.4% or 82,604 shares in its portfolio. Laurion Mngmt Lp, a New York-based fund reported 250,156 shares. Investment House Lc invested in 165,700 shares. Hbk Invs LP stated it has 289,000 shares or 0.11% of all its holdings. 681,279 were reported by Retirement Of Alabama. Regions Financial Corp owns 15,326 shares. Advisory Rech invested in 0.01% or 8,613 shares. Skylands Cap Limited Liability Company holds 1.04% in Delta Air Lines, Inc. (NYSE:DAL) or 162,000 shares.

Since October 12, 2017, it had 1 insider buy, and 12 insider sales for $26.14 million activity. 159,240 shares were sold by Bastian Edward H, worth $8.45M. $200,193 worth of Delta Air Lines, Inc. (NYSE:DAL) was bought by BLAKE FRANCIS S on Friday, January 12. Sear Steven M sold $604,333 worth of stock. 42,900 Delta Air Lines, Inc. (NYSE:DAL) shares with value of $2.40 million were sold by Jacobson Paul A. 31,600 shares were sold by HAUENSTEIN GLEN W, worth $1.76 million on Friday, December 15. Another trade for 9,000 shares valued at $504,540 was sold by West W Gilbert.

Martin D. Sass decreased its stake in Delta Air Lines Inc Del (DAL) by 27.99% based on its latest 2017Q3 regulatory filing with the SEC. Md Sass Investors Services Inc sold 359,290 shares as the company’s stock declined 5.91% while stock markets rallied. The hedge fund run by Martin D. Sass held 924,297 shares of the transportation company at the end of 2017Q3, valued at $44.57M, down from 1.28M at the end of the previous reported quarter. Md Sass Investors Services Inc who had been investing in Delta Air Lines Inc Del for a number of months, seems to be less bullish one the $37.96B market cap company. The stock decreased 1.41% or $0.77 during the last trading session, reaching $53.9. About 7.32M shares traded. Delta Air Lines, Inc. (NYSE:DAL) has risen 11.83% since March 24, 2017 and is uptrending. It has underperformed by 4.87% the S&P500.

Analysts await Delta Air Lines, Inc. (NYSE:DAL) to report earnings on April, 11. They expect $0.77 earnings per share, 0.00 % or $0.00 from last year’s $0.77 per share. DAL’s profit will be $542.31M for 17.50 P/E if the $0.77 EPS becomes a reality. After $0.96 actual earnings per share reported by Delta Air Lines, Inc. for the previous quarter, Wall Street now forecasts -19.79 % negative EPS growth.

Delta Air Lines, Inc. (NYSE:DAL) Ratings Coverage

Among 20 analysts covering Delta Air Lines (NYSE:DAL), 20 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Delta Air Lines had 71 analyst reports since August 3, 2015 according to SRatingsIntel. The firm has “Buy” rating by Cowen & Co given on Tuesday, September 5. The stock of Delta Air Lines, Inc. (NYSE:DAL) earned “Buy” rating by Imperial Capital on Thursday, March 15. Stifel Nicolaus maintained Delta Air Lines, Inc. (NYSE:DAL) rating on Friday, September 22. Stifel Nicolaus has “Buy” rating and $75.0 target. As per Monday, July 10, the company rating was maintained by Cowen & Co. Cowen & Co maintained it with “Outperform” rating and $62 target in Friday, December 18 report. The company was downgraded on Friday, April 1 by Deutsche Bank. The rating was maintained by Stephens on Monday, January 8 with “Buy”. Deutsche Bank maintained the stock with “Buy” rating in Friday, July 14 report. The stock of Delta Air Lines, Inc. (NYSE:DAL) earned “Buy” rating by Deutsche Bank on Tuesday, September 1. The stock has “Outperform” rating by Cowen & Co on Thursday, September 28.

Comments

comments