Rothschild & Co. Asset Management US Inc. trimmed its position in shares of Air Transport Services Group, Inc. (NASDAQ:ATSG) by 13.4% during the 4th quarter, HoldingsChannel reports. The fund owned 231,471 shares of the transportation company’s stock after selling 35,753 shares during the quarter. Rothschild & Co. Asset Management US Inc.’s holdings in Air Transport Services Group were worth $7,254,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of ATSG. Sowell Financial Services LLC bought a new stake in Air Transport Services Group during the 4th quarter worth approximately $30,000. ELM Advisors LLC bought a new stake in Air Transport Services Group during the 4th quarter worth approximately $38,000. Strs Ohio bought a new stake in Air Transport Services Group during the 3rd quarter worth approximately $37,000. Signaturefd LLC lifted its holdings in Air Transport Services Group by 66.6% during the 3rd quarter. Signaturefd LLC now owns 1,541 shares of the transportation company’s stock worth $39,000 after buying an additional 616 shares in the last quarter. Finally, Nisa Investment Advisors LLC lifted its holdings in Air Transport Services Group by 85.2% during the 3rd quarter. Nisa Investment Advisors LLC now owns 3,260 shares of the transportation company’s stock worth $82,000 after buying an additional 1,500 shares in the last quarter. Hedge funds and other institutional investors own 87.60% of the company’s stock.

Several research analysts have issued reports on ATSG shares. TheStreet raised Air Transport Services Group from a “c+” rating to a “b-” rating in a report on Friday, October 30th. Susquehanna Bancshares increased their price target on Air Transport Services Group from $33.00 to $35.00 and gave the company a “positive” rating in a research note on Wednesday, February 17th. Six research analysts have rated the stock with a buy rating, The stock presently has a consensus rating of “Buy” and an average price target of $30.50.

ATSG opened at $29.31 on Tuesday. The company has a quick ratio of 0.75, a current ratio of 0.87 and a debt-to-equity ratio of 2.05. Air Transport Services Group, Inc. has a 12 month low of $13.20 and a 12 month high of $32.43. The company has a fifty day simple moving average of $27.74 and a 200 day simple moving average of $27.88. The stock has a market cap of $1.75 billion, a P/E ratio of -17.87 and a beta of 0.71.

In related news, Director Joseph C. Hete sold 10,000 shares of the company’s stock in a transaction on Thursday, January 21st. The shares were sold at an average price of $27.29, for a total value of $272,900.00. Following the completion of the sale, the director now owns 512,907 shares in the company, valued at approximately $13,997,232.03. The transaction was disclosed in a filing with the SEC, which is available through this link. 2.30% of the stock is owned by corporate insiders.

About Air Transport Services Group

Air Transport Services Group, Inc, through its subsidiaries, operates in the airfreight and logistics industry. The company owns and leases cargo aircraft to airlines and other customers. It also provides airline operations to delivery companies, airlines, e-commerce operators, freight forwarders, and the U.S.

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Institutional Ownership by Quarter for Air Transport Services Group (NASDAQ:ATSG)

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