Trading Report: The Mason Street Advisors LLC Acquires 4,850 Shares of Atlas Air Worldwide Holdings (AAWW)

The Mason Street Advisors LLC Acquires 4,850  Shares of Atlas Air Worldwide Holdings (AAWW)

Mason Street Advisors LLC acquired a new stake in Atlas Air Worldwide Holdings (NASDAQ:AAWW) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 4,850 shares of the company’s stock, valued at approximately $201,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Louisiana State Employees Retirement System boosted its position in Atlas Air Worldwide Holdings by 0.9% in the second quarter. Louisiana State Employees Retirement System now owns 11,000 shares of the company’s stock valued at $456,000 after buying an additional 100 shares during the period. Commonwealth Equity Services Inc boosted its position in Atlas Air Worldwide Holdings by 1.4% in the second quarter. Commonwealth Equity Services Inc now owns 7,470 shares of the company’s stock valued at $309,000 after buying an additional 100 shares during the period. Anchor Capital Advisors LLC boosted its position in Atlas Air Worldwide Holdings by 0.7% in the second quarter. Anchor Capital Advisors LLC now owns 16,120 shares of the company’s stock valued at $668,000 after buying an additional 110 shares during the period. PineBridge Investments L.P. boosted its position in Atlas Air Worldwide Holdings by 4.5% in the second quarter. PineBridge Investments L.P. now owns 3,146 shares of the company’s stock valued at $131,000 after buying an additional 136 shares during the period. Finally, Arizona State Retirement System boosted its position in Atlas Air Worldwide Holdings by 2.4% in the second quarter. Arizona State Retirement System now owns 12,923 shares of the company’s stock valued at $535,000 after buying an additional 300 shares during the period. Institutional investors own 96.39% of the company’s stock.

Atlas Air Worldwide Holdings (NASDAQ:AAWW) opened at 42.84 on Thursday. Atlas Air Worldwide Holdings has a one year low of $31.99 and a one year high of $57.77. The stock’s 50 day moving average price is $39.52 and its 200 day moving average price is $40.87. The company’s market capitalization is $1.06 billion.

Atlas Air Worldwide Holdings (NASDAQ:AAWW) last posted its quarterly earnings data on Wednesday, August 3rd. The company reported $0.80 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.93 by $0.13. Atlas Air Worldwide Holdings had a negative net margin of 1.64% and a positive return on equity of 6.67%. The business had revenue of $443.30 million for the quarter, compared to analysts’ expectations of $473.86 million. During the same quarter in the previous year, the firm earned $1.17 EPS. Atlas Air Worldwide Holdings’s revenue was down 2.8% compared to the same quarter last year. Equities analysts anticipate that Atlas Air Worldwide Holdings will post $4.48 EPS for the current fiscal year.

Several research analysts recently weighed in on the stock. Zacks Investment Research cut shares of Atlas Air Worldwide Holdings from a “hold” rating to a “sell” rating in a research report on Thursday, July 14th. RBC Capital Markets reaffirmed a “sector perform” rating and issued a $44.00 target price (down previously from $49.00) on shares of Atlas Air Worldwide Holdings in a research note on Thursday, August 4th. Royal Bank Of Canada dropped their price objective on Atlas Air Worldwide Holdings from $49.00 to $44.00 and set a “sector perform” rating for the company in a research note on Thursday, August 4th. Finally, Stifel Nicolaus assumed coverage on Atlas Air Worldwide Holdings in a research note on Thursday, August 25th. They set a “buy” rating and a $49.00 price objective for the company. One analyst has rated the stock with a sell rating, six have issued a hold rating and one has issued a buy rating to the company’s stock. Atlas Air Worldwide Holdings has a consensus rating of “Hold” and a consensus target price of $46.60.

In other news, Director John K. Wulff bought 10,000 shares of the stock in a transaction on Wednesday, August 10th. The stock was acquired at an average cost of $35.01 per share, for a total transaction of $350,100.00. Following the acquisition, the director now owns 17,850 shares of the company’s stock, valued at $624,928.50. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director John K. Wulff bought 5,000 shares of the stock in a transaction on Monday, August 29th. The stock was purchased at an average price of $35.90 per share, with a total value of $179,500.00. Following the completion of the acquisition, the director now directly owns 25,000 shares in the company, valued at approximately $897,500. The disclosure for this purchase can be found here. Corporate insiders own 2.10% of the company’s stock.

Atlas Air Worldwide Holdings Company Profile

Atlas Air Worldwide Holdings, Inc, (AAWW) is a holding company with a principal operating subsidiary, Atlas Air, Inc (Atlas). The Company is a provider of outsourced aircraft and aviation operating services, operating a fleet of 750 freighters, as well as operating 747 and 767 passenger aircraft and 767 freighters.

Related posts

Leave a Comment