AMP Capital Investors Ltd boosted its position in shares of Delta Air Lines, Inc. (NYSE:DAL) by 3.4% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 303,174 shares of the transportation company’s stock after acquiring an additional 10,034 shares during the period. AMP Capital Investors Ltd’s holdings in Delta Air Lines were worth $14,620,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. boosted its holdings in shares of Delta Air Lines by 0.6% in the 2nd quarter. Vanguard Group Inc. now owns 44,951,865 shares of the transportation company’s stock valued at $2,415,714,000 after buying an additional 274,997 shares in the last quarter. Dimensional Fund Advisors LP raised its position in Delta Air Lines by 3.3% in the 3rd quarter. Dimensional Fund Advisors LP now owns 7,821,694 shares of the transportation company’s stock valued at $377,169,000 after purchasing an additional 250,731 shares during the last quarter. AJO LP raised its position in Delta Air Lines by 21.2% in the 2nd quarter. AJO LP now owns 5,637,157 shares of the transportation company’s stock valued at $302,941,000 after purchasing an additional 986,803 shares during the last quarter. TIAA CREF Investment Management LLC raised its position in Delta Air Lines by 77.6% in the 2nd quarter. TIAA CREF Investment Management LLC now owns 5,364,934 shares of the transportation company’s stock valued at $288,312,000 after purchasing an additional 2,343,531 shares during the last quarter. Finally, APG Asset Management N.V. raised its position in Delta Air Lines by 12.3% in the 3rd quarter. APG Asset Management N.V. now owns 4,100,199 shares of the transportation company’s stock valued at $197,712,000 after purchasing an additional 449,700 shares during the last quarter. Institutional investors own 85.24% of the company’s stock.

In other Delta Air Lines news, EVP Joanne D. Smith sold 33,863 shares of the firm’s stock in a transaction dated Friday, October 13th. The shares were sold at an average price of $53.61, for a total transaction of $1,815,395.43. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Steven M. Sear sold 6,898 shares of the firm’s stock in a transaction dated Thursday, October 12th. The stock was sold at an average price of $53.01, for a total transaction of $365,662.98. The disclosure for this sale can be found here. Over the last three months, insiders sold 239,810 shares of company stock worth $12,684,903. 0.37% of the stock is owned by corporate insiders.

Several analysts recently commented on DAL shares. Zacks Investment Research downgraded shares of Delta Air Lines from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 21st. Imperial Capital reiterated a “hold” rating and issued a $50.00 price target on shares of Delta Air Lines in a research report on Wednesday, September 6th. J P Morgan Chase & Co reiterated an “overweight” rating and issued a $63.00 price target (down previously from $67.00) on shares of Delta Air Lines in a research report on Wednesday, September 27th. Cowen reiterated a “buy” rating and issued a $60.00 price target on shares of Delta Air Lines in a research report on Tuesday, September 5th. Finally, ValuEngine upgraded shares of Delta Air Lines from a “buy” rating to a “strong-buy” rating in a research report on Friday, December 1st. Two analysts have rated the stock with a sell rating, one has issued a hold rating, fifteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Delta Air Lines currently has a consensus rating of “Buy” and an average price target of $63.39.

Delta Air Lines, Inc. (NYSE DAL) opened at $53.46 on Friday. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.36 and a current ratio of 0.43. Delta Air Lines, Inc. has a 12 month low of $43.81 and a 12 month high of $55.75. The firm has a market cap of $38,115.54, a price-to-earnings ratio of 11.14, a PEG ratio of 1.62 and a beta of 1.29.

Delta Air Lines (NYSE:DAL) last posted its quarterly earnings results on Wednesday, October 11th. The transportation company reported $1.57 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.53 by $0.04. The business had revenue of $11.06 billion for the quarter, compared to analysts’ expectations of $11.03 billion. Delta Air Lines had a net margin of 8.97% and a return on equity of 26.50%. The business’s revenue for the quarter was up 5.5% on a year-over-year basis. During the same period in the prior year, the company posted $1.70 EPS. research analysts predict that Delta Air Lines, Inc. will post 5 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 8th. Investors of record on Friday, November 17th were paid a $0.305 dividend. The ex-dividend date of this dividend was Thursday, November 16th. This represents a $1.22 dividend on an annualized basis and a yield of 2.28%. Delta Air Lines’s payout ratio is 24.50%.

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Delta Air Lines Profile

Delta Air Lines, Inc provides scheduled air transportation for passengers and cargo throughout the United States and across the world. The Company’s segments include Airline and Refinery. The Company’s route network is centered around a system of hub, international gateway and airports that the Company operates in Amsterdam, Atlanta, Boston, Detroit, London-Heathrow, Los Angeles, Minneapolis-St.

Institutional Ownership by Quarter for Delta Air Lines (NYSE:DAL)

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