Teachers Advisors LLC cut its position in Atlas Air Worldwide Holdings (NASDAQ:AAWW) by 11.9% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 220,234 shares of the transportation company’s stock after selling 29,676 shares during the period. Teachers Advisors LLC’s holdings in Atlas Air Worldwide Holdings were worth $12,212,000 as of its most recent filing with the SEC.

Other institutional investors also recently made changes to their positions in the company. Alliancebernstein L.P. boosted its position in shares of Atlas Air Worldwide Holdings by 33.2% in the first quarter. Alliancebernstein L.P. now owns 1,382,286 shares of the transportation company’s stock worth $76,648,000 after buying an additional 344,745 shares during the period. LSV Asset Management boosted its position in shares of Atlas Air Worldwide Holdings by 8.3% in the first quarter. LSV Asset Management now owns 787,922 shares of the transportation company’s stock worth $43,690,000 after buying an additional 60,381 shares during the period. Sanders Morris Harris Inc. bought a new position in shares of Atlas Air Worldwide Holdings during the first quarter worth approximately $2,619,000. State Street Corp boosted its position in shares of Atlas Air Worldwide Holdings by 5.8% in the fourth quarter. State Street Corp now owns 636,071 shares of the transportation company’s stock worth $33,171,000 after buying an additional 35,030 shares during the period. Finally, Norges Bank bought a new position in shares of Atlas Air Worldwide Holdings during the fourth quarter worth approximately $1,268,000. Hedge funds and other institutional investors own 96.32% of the company’s stock.

Atlas Air Worldwide Holdings (NASDAQ:AAWW) opened at 64.00 on Wednesday. The company’s 50-day moving average price is $56.35 and its 200 day moving average price is $54.03. The firm has a market capitalization of $1.62 billion, a price-to-earnings ratio of 27.35 and a beta of 1.45. Atlas Air Worldwide Holdings has a 12 month low of $34.22 and a 12 month high of $67.75.

Atlas Air Worldwide Holdings (NASDAQ:AAWW) last posted its quarterly earnings results on Wednesday, August 2nd. The transportation company reported $1.09 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.85 by $0.24. Atlas Air Worldwide Holdings had a return on equity of 8.11% and a net margin of 2.98%. The company had revenue of $517.37 million for the quarter, compared to analysts’ expectations of $500.44 million. During the same period last year, the firm earned $0.80 earnings per share. Atlas Air Worldwide Holdings’s quarterly revenue was up 16.7% on a year-over-year basis. Analysts predict that Atlas Air Worldwide Holdings will post $4.76 EPS for the current year.

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A number of research firms recently issued reports on AAWW. Cowen and Company restated an “outperform” rating and set a $70.00 price objective (up previously from $60.00) on shares of Atlas Air Worldwide Holdings in a report on Thursday, August 3rd. Zacks Investment Research cut Atlas Air Worldwide Holdings from a “hold” rating to a “sell” rating in a report on Tuesday, August 1st. BidaskClub cut Atlas Air Worldwide Holdings from a “buy” rating to a “hold” rating in a report on Monday, July 31st. Stifel Nicolaus restated a “buy” rating on shares of Atlas Air Worldwide Holdings in a report on Friday, June 2nd. Finally, Imperial Capital reaffirmed an “outperform” rating on shares of Atlas Air Worldwide Holdings in a research report on Friday, May 19th. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The company currently has a consensus rating of “Buy” and an average price target of $68.40.

In other Atlas Air Worldwide Holdings news, CEO William J. Flynn sold 5,000 shares of the firm’s stock in a transaction on Monday, July 10th. The stock was sold at an average price of $55.10, for a total value of $275,500.00. Following the sale, the chief executive officer now directly owns 211,958 shares in the company, valued at $11,678,885.80. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Over the last 90 days, insiders sold 25,000 shares of company stock worth $1,404,200. 2.50% of the stock is owned by insiders.

About Atlas Air Worldwide Holdings

Atlas Air Worldwide Holdings, Inc is a holding company. The Company provides outsourced aircraft and aviation operating services throughout the world, serving Africa, Asia, Australia, Europe, the Middle East, North America and South America through contractual service arrangements, including those through which it provides aircraft to customers and value-added services, including crew, maintenance and insurance (ACMI), as well as those through which it provides crew, maintenance and insurance, but not the aircraft (CMI); cargo and passenger charter services (Charter), and dry leasing aircraft and engines (Dry Leasing).

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

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