Systematic Financial Management LP grew its stake in shares of Atlas Air Worldwide Holdings (NASDAQ:AAWW) by 18.4% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 706,389 shares of the transportation company’s stock after acquiring an additional 109,940 shares during the period. Systematic Financial Management LP owned 2.80% of Atlas Air Worldwide Holdings worth $36,838,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of AAWW. BlackRock Inc. grew its holdings in shares of Atlas Air Worldwide Holdings by 51,032.3% during the 1st quarter. BlackRock Inc. now owns 3,013,229 shares of the transportation company’s stock valued at $167,084,000 after acquiring an additional 3,007,336 shares in the last quarter. 1060 Capital LLC purchased a new position in shares of Atlas Air Worldwide Holdings during the 2nd quarter valued at $31,481,000. Alliancebernstein L.P. grew its holdings in shares of Atlas Air Worldwide Holdings by 33.2% during the 1st quarter. Alliancebernstein L.P. now owns 1,382,286 shares of the transportation company’s stock valued at $76,648,000 after acquiring an additional 344,745 shares in the last quarter. Heartland Advisors Inc. purchased a new position in shares of Atlas Air Worldwide Holdings during the 2nd quarter valued at $10,430,000. Finally, State of New Jersey Common Pension Fund D grew its holdings in shares of Atlas Air Worldwide Holdings by 20.0% during the 2nd quarter. State of New Jersey Common Pension Fund D now owns 900,000 shares of the transportation company’s stock valued at $46,935,000 after acquiring an additional 150,000 shares in the last quarter. Institutional investors and hedge funds own 96.41% of the company’s stock.

Shares of Atlas Air Worldwide Holdings (NASDAQ:AAWW) traded down 1.36% during midday trading on Thursday, reaching $65.45. 34,470 shares of the company were exchanged. The stock has a 50-day moving average price of $62.46 and a 200 day moving average price of $55.86. The company has a market capitalization of $1.65 billion, a P/E ratio of 27.97 and a beta of 1.40. Atlas Air Worldwide Holdings has a 52-week low of $37.42 and a 52-week high of $68.25.

Atlas Air Worldwide Holdings (NASDAQ:AAWW) last released its quarterly earnings data on Wednesday, August 2nd. The transportation company reported $1.09 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.85 by $0.24. Atlas Air Worldwide Holdings had a net margin of 2.98% and a return on equity of 8.11%. The firm had revenue of $517.37 million for the quarter, compared to the consensus estimate of $500.44 million. During the same quarter in the prior year, the company posted $0.80 earnings per share. The business’s revenue was up 16.7% on a year-over-year basis. Equities research analysts expect that Atlas Air Worldwide Holdings will post $4.84 EPS for the current fiscal year.

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In other Atlas Air Worldwide Holdings news, CEO William J. Flynn sold 5,000 shares of the company’s stock in a transaction on Monday, July 10th. The shares were sold at an average price of $55.10, for a total transaction of $275,500.00. Following the transaction, the chief executive officer now owns 211,958 shares in the company, valued at $11,678,885.80. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Adam Richard Kokas sold 10,000 shares of the company’s stock in a transaction on Thursday, August 31st. The stock was sold at an average price of $66.40, for a total transaction of $664,000.00. Following the transaction, the executive vice president now owns 25,418 shares in the company, valued at approximately $1,687,755.20. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 41,000 shares of company stock worth $2,458,350. Corporate insiders own 2.50% of the company’s stock.

AAWW has been the topic of several research analyst reports. BidaskClub cut shares of Atlas Air Worldwide Holdings from a “hold” rating to a “sell” rating in a report on Friday, August 11th. Zacks Investment Research upgraded shares of Atlas Air Worldwide Holdings from a “hold” rating to a “buy” rating and set a $74.00 price objective for the company in a report on Monday, August 7th. Stifel Nicolaus reiterated a “buy” rating on shares of Atlas Air Worldwide Holdings in a report on Friday, June 2nd. Susquehanna Bancshares Inc initiated coverage on shares of Atlas Air Worldwide Holdings in a report on Thursday, August 17th. They issued a “positive” rating and a $72.00 price objective for the company. Finally, ValuEngine upgraded shares of Atlas Air Worldwide Holdings from a “buy” rating to a “strong-buy” rating in a report on Friday, September 1st. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company. Atlas Air Worldwide Holdings presently has a consensus rating of “Buy” and a consensus target price of $69.00.

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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