Delta Air Lines, Inc. (DAL) Position Raised by Hennessy Advisors Inc

Evrard Martin
Mai 15, 2017

They now have a United States dollars 52 price target on the stock. They now have a United States dollars 58 price target on the stock. Deutsche Bank AG boosted their price objective on Delta Air Lines from $56.00 to $58.00 and gave the company a "buy" rating in a research report on Tuesday, April 18th. Zacks Investment Research raised Delta Air Lines from a "hold" rating to a "buy" rating and set a $54.00 price target on the stock in a report on Monday, February 6th. Morgan Stanley reaffirmed an "overweight" rating on shares of Delta Air Lines in a research report on Friday, April 7th. Evercore ISI restated an "outperform" rating on shares of Delta Air Lines in a research note on Thursday, April 6th. Finally, Physicians Financial Services Inc. acquired a new position in shares of Delta Air Lines during the third quarter valued at about $110,000. The stock presently has an average rating of "Buy" and a consensus target price of $53.80.

Shares of Delta Air Lines (NYSE:DAL) traded up 0.83% during mid-day trading on Monday, hitting $49.97. The company's stock had a trading volume of 7,180,486 shares. The stock's price is floating in a range of $17.92 and $18.18 whereas, it's 52-week High Price is $19.53 with respect to its 52-week Low Price of $10.21. The stock has a market capitalization of $35.66 billion, a price-to-earnings ratio of 9.04 and a beta of 0.75. The stock has a 50 day moving average of $46.43 and a 200-day moving average of $47.87.

Delta Air Lines (NYSE:DAL) last released its quarterly earnings data on Wednesday, April 12th. The transportation company reported $0.77 earnings per share for the quarter, topping analysts' consensus estimates of $0.73 by $0.04. The business had revenue of $9.15 billion for the quarter, compared to analyst estimates of $9.14 billion. Delta Air Lines had a net margin of 11.03% and a return on equity of 33.59%. During the same period in the previous year, the firm posted $1.32 earnings per share. Equities analysts forecast that Delta Air Lines will post $5.12 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Friday, June 9th.

Shares outstanding are recorded as 731.05 M and total shares floated are 731.05 M. Current ratio which is the relationship between current assets and current liabilities, indicating the liquidity of a business is calculated as 0.40. The ex-dividend date of this dividend is Wednesday, May 17th. This represents a $0.81 annualized dividend and a dividend yield of 1.65%.

Shares of Delta Air Lines, Inc. If you are viewing this article on another website, it was illegally stolen and republished in violation of United States and global copyright & trademark law.

In other news, COO W Gilbert West sold 15,600 shares of the stock in a transaction that occurred on Wednesday, February 15th. Hedge funds and other institutional investors own 79.44% of the company's stock. The stock was bought at an average price of $44.12 per share, with a total value of $249,939.80. Following the purchase, the director now owns 24,187 shares in the company, valued at $1,067,130.44. The disclosure for this sale can be found here. In the last ninety days, insiders have bought 255,165 shares of company stock worth $270,100 and have sold 79,417 shares worth $4,028,631. Corporate insiders own 0.75% of the company's stock.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in DAL. Tompkins Financial Corp bought a new stake in Delta Air Lines during the first quarter worth about $107,000. Gendell Jeffrey L now owns 537,418 shares of the transportation company's stock worth $24,699,000 after buying an additional 87,917 shares during the last quarter.

Canal Capital Management LLC bought a new position in Delta Air Lines, Inc. KCG Holdings Inc. now owns 57,763 shares of the transportation company's stock worth $2,655,000 after buying an additional 49,604 shares during the last quarter. News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Delta Air Lines, Inc. with MarketBeat.com's FREE daily email newsletter. BlackRock Inc. now owns 45,260,856 shares of the transportation company's stock worth $2,080,189,000 after buying an additional 43,777,555 shares during the last quarter.

03/17/2017 - Delta Air Lines, Inc. had its " rating reiterated by analysts at Imperial Capital. Following the completion of the sale, the chief operating officer now owns 111,113 shares of the company's stock, valued at approximately $5,698,985.77. Parallel Advisors LLC bought a new position in Delta Air Lines during the fourth quarter valued at about $128,000. Nordea Investment Management AB now owns 1,851,607 shares of the transportation company's stock valued at $72,879,000 after buying an additional 5,604 shares during the last quarter.

07/06/2016 - Delta Air Lines, Inc. had its "neutral" rating reiterated by analysts at UBS. The Company's segments include Airline and Refinery.

To view Vetr's full report, visit Vetr's official website.

D'autres rapports CampDesrEcrues

Discuter de cet article

SUIVRE NOTRE JOURNAL