Delta Air Lines (DAL) : National Investment Services Inc Wi scooped up 20,737 additional shares in Delta Air Lines during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Apr 18, 2016. The investment management firm now holds a total of 91,459 shares of Delta Air Lines which is valued at $4,080,901.Delta Air Lines makes up approximately 4.57% of National Investment Services Inc Wi’s portfolio.
Delta Air Lines closed down -0.35 points or -0.78% at $44.62 with 1,42,58,622 shares getting traded on Friday. Post opening the session at $43.43, the shares hit an intraday low of $43.16 and an intraday high of $44.67 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.
Other Hedge Funds, Including , Fox Run Management L.l.c. boosted its stake in DAL in the latest quarter, The investment management firm added 8,200 additional shares and now holds a total of 15,200 shares of Delta Air Lines which is valued at $678,224. Delta Air Lines makes up approx 0.44% of Fox Run Management L.l.c.’s portfolio.Oregon Public Employees Retirement Fund boosted its stake in DAL in the latest quarter, The investment management firm added 1,037 additional shares and now holds a total of 93,167 shares of Delta Air Lines which is valued at $4,425,433. Delta Air Lines makes up approx 0.10% of Oregon Public Employees Retirement Fund’s portfolio. Gradient Investments sold out all of its stake in DAL during the most recent quarter. The investment firm sold 77 shares of DAL which is valued $3,658.Eagle Asset Management Inc reduced its stake in DAL by selling 138,551 shares or 6.44% in the most recent quarter. The Hedge Fund company now holds 2,014,006 shares of DAL which is valued at $93,751,979. Delta Air Lines makes up approx 0.66% of Eagle Asset Management Inc’s portfolio.
On the company’s financial health, Delta Air Lines reported $1.32 EPS for the quarter, beating the analyst consensus estimate by $ 0.03 according to the earnings call on Apr 14, 2016. Analyst had a consensus of $1.29. The company had revenue of $9251.00 million for the quarter, compared to analysts expectations of $9265.45 million. The company’s revenue was down -1.5 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.45 EPS.
Many Wall Street Analysts have commented on Delta Air Lines. Shares were Downgraded by Deutsche Bank on Apr 1, 2016 to ” Hold” and Lowered the Price Target to $ 55 from a previous price target of $68 .
Delta Air Lines Inc. (Delta) provides scheduled air transportation for passengers and cargo throughout the United States and around the world. The Company’s route network is centered on a system of hub and international gateway airports that it operates in Amsterdam Atlanta Detroit Los Angeles Minneapolis-St. Paul New York-LaGuardia New York-JFK Paris-Charles de Gaulle Salt Lake City Seattle and Tokyo-Narita. The Company’s segments include its Airline segment and Refinery segment. The Company’s Airline segment provides scheduled air transportation for passengers and cargo and other ancillary airline services including maintenance and repair services for third-parties. Its Refinery segment provides jet fuel to the airline segment from its own production and through jet fuel obtained through agreements with third-parties.