Nordea Investment Management AB Has $3.95 Million Position in Atlas Air Worldwide Holdings, Inc. (NASDAQ:AAWW)

Nordea Investment Management AB increased its holdings in shares of Atlas Air Worldwide Holdings, Inc. (NASDAQ:AAWW) by 2.4% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 78,033 shares of the transportation company’s stock after acquiring an additional 1,802 shares during the period. Nordea Investment Management AB owned about 0.30% of Atlas Air Worldwide worth $3,946,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. Flinton Capital Management LLC lifted its position in shares of Atlas Air Worldwide by 26.6% in the fourth quarter. Flinton Capital Management LLC now owns 3,120 shares of the transportation company’s stock worth $132,000 after purchasing an additional 656 shares in the last quarter. Quantamental Technologies LLC lifted its position in shares of Atlas Air Worldwide by 343.3% in the first quarter. Quantamental Technologies LLC now owns 4,003 shares of the transportation company’s stock worth $202,000 after purchasing an additional 3,100 shares in the last quarter. 6 Meridian bought a new stake in shares of Atlas Air Worldwide in the first quarter worth $213,000. Piedmont Investment Advisors Inc. lifted its position in shares of Atlas Air Worldwide by 3.4% in the fourth quarter. Piedmont Investment Advisors Inc. now owns 6,056 shares of the transportation company’s stock worth $256,000 after purchasing an additional 197 shares in the last quarter. Finally, Laurion Capital Management LP lifted its position in shares of Atlas Air Worldwide by 7.3% in the first quarter. Laurion Capital Management LP now owns 5,655 shares of the transportation company’s stock worth $286,000 after purchasing an additional 384 shares in the last quarter.

NASDAQ AAWW traded up $0.78 on Thursday, hitting $42.55. 104,565 shares of the stock were exchanged, compared to its average volume of 284,791. The stock has a market capitalization of $1.10 billion, a P/E ratio of 5.85 and a beta of 2.05. The business has a fifty day simple moving average of $41.01. Atlas Air Worldwide Holdings, Inc. has a 52 week low of $35.04 and a 52 week high of $70.45. The company has a debt-to-equity ratio of 1.29, a current ratio of 0.59 and a quick ratio of 0.59.

Atlas Air Worldwide (NASDAQ:AAWW) last issued its quarterly earnings data on Wednesday, May 1st. The transportation company reported $0.98 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.86 by $0.12. Atlas Air Worldwide had a net margin of 8.36% and a return on equity of 10.76%. The company had revenue of $679.70 million for the quarter, compared to analyst estimates of $679.72 million. During the same period in the prior year, the firm earned $0.86 earnings per share. The company’s revenue was up 15.2% on a year-over-year basis. On average, equities analysts expect that Atlas Air Worldwide Holdings, Inc. will post 7.47 EPS for the current fiscal year.

AAWW has been the topic of a number of research reports. Zacks Investment Research lowered shares of Farmland Partners from a “hold” rating to a “sell” rating in a research report on Friday, July 12th. BidaskClub raised shares of ZIOPHARM Oncology from a “buy” rating to a “strong-buy” rating in a research report on Monday, June 17th. Imperial Capital reaffirmed an “in-line” rating and set a $29.00 price target (down from $33.00) on shares of Whiting Petroleum in a research report on Friday, May 3rd. Finally, Cowen reaffirmed a “hold” rating on shares of PTC Therapeutics in a research report on Thursday, May 2nd. Three investment analysts have rated the stock with a sell rating, one has assigned a hold rating and five have given a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $67.67.

In other news, Director John K. Wulff purchased 5,000 shares of the stock in a transaction on Tuesday, May 21st. The stock was purchased at an average price of $39.75 per share, for a total transaction of $198,750.00. Following the acquisition, the director now owns 24,979 shares in the company, valued at $992,915.25. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Spencer Schwartz sold 6,500 shares of Atlas Air Worldwide stock in a transaction on Friday, June 28th. The shares were sold at an average price of $44.08, for a total transaction of $286,520.00. Following the completion of the sale, the chief financial officer now owns 54,741 shares of the company’s stock, valued at approximately $2,412,983.28. The disclosure for this sale can be found here. Corporate insiders own 2.20% of the company’s stock.

Atlas Air Worldwide Profile

Atlas Air Worldwide Holdings, Inc, through its subsidiaries, provides outsourced aircraft and aviation operating services. It operates through three segments: ACMI, Charter, and Dry Leasing. The company offers outsourced cargo and passenger aircraft operating solutions, including contractual service arrangements, such as the provision of aircraft; and value-added services, including crew, maintenance, and insurance to aircraft and other customers.

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

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