Atlas Air Worldwide Holdings, Inc. (NASDAQ:AAWW) traded up 5.7% during trading on Friday . The stock traded as high as $26.10 and last traded at $26.06, 467,566 shares traded hands during mid-day trading. An increase of 26% from the average session volume of 371,026 shares. The stock had previously closed at $24.65.

Several equities research analysts have recently commented on AAWW shares. Cowen dropped their target price on shares of Atlas Air Worldwide from $50.00 to $39.00 and set an “outperform” rating for the company in a research report on Friday, October 25th. ValuEngine upgraded shares of Atlas Air Worldwide from a “strong sell” rating to a “sell” rating in a research report on Wednesday, October 2nd. Wolfe Research raised shares of Atlas Air Worldwide from an “underperform” rating to a “peer perform” rating in a research note on Friday, October 4th. BidaskClub lowered shares of Atlas Air Worldwide from a “hold” rating to a “sell” rating in a report on Thursday. Finally, Susquehanna Bancshares cut Atlas Air Worldwide from a “positive” rating to a “neutral” rating and cut their price objective for the company from $43.00 to $30.00 in a research report on Tuesday, September 17th. Three investment analysts have rated the stock with a sell rating, one has assigned a hold rating and three have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $43.00.

The company has a 50 day moving average of $24.87 and a two-hundred day moving average of $31.42. The company has a debt-to-equity ratio of 1.12, a current ratio of 0.39 and a quick ratio of 0.39. The company has a market capitalization of $637.72 million, a PE ratio of 3.58 and a beta of 2.17.

Atlas Air Worldwide (NASDAQ:AAWW) last announced its quarterly earnings data on Wednesday, October 30th. The transportation company reported $0.37 EPS for the quarter, missing the consensus estimate of $0.97 by ($0.60). Atlas Air Worldwide had a net margin of 11.90% and a return on equity of 6.10%. The firm had revenue of $648.54 million for the quarter, compared to analysts’ expectations of $699.08 million. During the same period in the prior year, the business posted $1.54 EPS. The business’s quarterly revenue was down 1.2% compared to the same quarter last year. On average, equities analysts anticipate that Atlas Air Worldwide Holdings, Inc. will post 4.58 EPS for the current year.

In other Atlas Air Worldwide news, CFO Spencer Schwartz sold 6,500 shares of the firm’s stock in a transaction that occurred on Thursday, October 31st. The shares were sold at an average price of $21.84, for a total transaction of $141,960.00. Following the completion of the transaction, the chief financial officer now owns 28,741 shares of the company’s stock, valued at $627,703.44. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In the last 90 days, insiders sold 19,500 shares of company stock worth $476,255. Corporate insiders own 2.20% of the company’s stock.

Institutional investors have recently added to or reduced their stakes in the business. Arizona State Retirement System increased its holdings in shares of Atlas Air Worldwide by 1.0% during the second quarter. Arizona State Retirement System now owns 40,102 shares of the transportation company’s stock valued at $1,790,000 after acquiring an additional 381 shares in the last quarter. Parallel Advisors LLC grew its position in Atlas Air Worldwide by 273.0% during the 2nd quarter. Parallel Advisors LLC now owns 731 shares of the transportation company’s stock valued at $33,000 after purchasing an additional 535 shares during the last quarter. Swiss National Bank increased its stake in Atlas Air Worldwide by 5.3% during the 2nd quarter. Swiss National Bank now owns 11,900 shares of the transportation company’s stock valued at $531,000 after purchasing an additional 600 shares in the last quarter. United Services Automobile Association increased its stake in Atlas Air Worldwide by 9.0% during the 2nd quarter. United Services Automobile Association now owns 8,642 shares of the transportation company’s stock valued at $386,000 after purchasing an additional 714 shares in the last quarter. Finally, Flinton Capital Management LLC raised its holdings in Atlas Air Worldwide by 34.9% in the second quarter. Flinton Capital Management LLC now owns 4,208 shares of the transportation company’s stock worth $188,000 after buying an additional 1,088 shares during the last quarter. 98.16% of the stock is currently owned by institutional investors and hedge funds.

Atlas Air Worldwide Company Profile (NASDAQ:AAWW)

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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