Diversified Trust Co lifted its position in Delta Air Lines, Inc. (NYSE:DAL) by 15.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 6,456 shares of the transportation company’s stock after purchasing an additional 844 shares during the quarter. Diversified Trust Co’s holdings in Delta Air Lines were worth $362,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Mountain Capital Investment Advisors Inc purchased a new stake in shares of Delta Air Lines in the second quarter valued at about $114,000. BB&T Investment Services Inc. purchased a new stake in shares of Delta Air Lines in the second quarter valued at about $128,000. Advisory Services Network LLC grew its holdings in shares of Delta Air Lines by 3.0% in the second quarter. Advisory Services Network LLC now owns 2,546 shares of the transportation company’s stock valued at $137,000 after purchasing an additional 75 shares during the period. IHT Wealth Management LLC grew its holdings in shares of Delta Air Lines by 40.9% in the second quarter. IHT Wealth Management LLC now owns 758 shares of the transportation company’s stock valued at $146,000 after purchasing an additional 220 shares during the period. Finally, Blue Granite Capital LLC purchased a new stake in shares of Delta Air Lines in the third quarter valued at about $162,000. 85.07% of the stock is owned by hedge funds and other institutional investors.

A number of equities research analysts recently issued reports on DAL shares. UBS Group reissued a “buy” rating and issued a $62.00 price objective (down previously from $65.00) on shares of Delta Air Lines in a report on Saturday, September 30th. Stifel Nicolaus reissued a “buy” rating and issued a $75.00 price objective (down previously from $80.00) on shares of Delta Air Lines in a report on Friday, September 22nd. Stephens set a $67.00 price objective on shares of Delta Air Lines and gave the company a “buy” rating in a report on Monday, December 18th. Sanford C. Bernstein set a $67.00 price objective on shares of Delta Air Lines and gave the company a “buy” rating in a report on Wednesday, January 10th. Finally, Zacks Investment Research raised shares of Delta Air Lines from a “sell” rating to a “hold” rating in a report on Friday, November 10th. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating, sixteen have issued a buy rating and one has issued a strong buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus target price of $65.53.

In other news, EVP Peter W. Carter sold 19,809 shares of the stock in a transaction dated Tuesday, November 21st. The shares were sold at an average price of $50.42, for a total transaction of $998,769.78. Following the sale, the executive vice president now owns 67,077 shares of the company’s stock, valued at $3,382,022.34. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Edward H. Bastian sold 20,000 shares of the stock in a transaction dated Thursday, November 30th. The stock was sold at an average price of $52.79, for a total transaction of $1,055,800.00. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 322,809 shares of company stock valued at $18,200,262. 0.37% of the stock is currently owned by insiders.

Delta Air Lines, Inc. (NYSE:DAL) opened at $60.01 on Friday. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.35 and a current ratio of 0.42. The firm has a market cap of $42,386.25, a PE ratio of 12.03, a price-to-earnings-growth ratio of 0.80 and a beta of 1.30. Delta Air Lines, Inc. has a 12 month low of $43.81 and a 12 month high of $60.79.

Delta Air Lines (NYSE:DAL) last announced its earnings results on Thursday, January 11th. The transportation company reported $0.96 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.88 by $0.08. The company had revenue of $10.25 billion during the quarter, compared to analyst estimates of $10.14 billion. Delta Air Lines had a net margin of 8.67% and a return on equity of 26.28%. Delta Air Lines’s revenue was up 8.3% compared to the same quarter last year. During the same quarter last year, the firm posted $0.82 earnings per share. equities analysts forecast that Delta Air Lines, Inc. will post 6.42 EPS for the current year.

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About Delta Air Lines

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.

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

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