New Amsterdam Partnersny Lowers stake in Atlas Air Worldwide Holdings (AAWW)

Atlas Air Worldwide Holdings (AAWW) : New Amsterdam Partnersny reduced its stake in Atlas Air Worldwide Holdings by 13.4% during the most recent quarter end. The investment management company now holds a total of 100,176 shares of Atlas Air Worldwide Holdings which is valued at $3,831,732 after selling 15,504 shares in Atlas Air Worldwide Holdings , the firm said in a disclosure report filed with the SEC on Aug 1, 2016.Atlas Air Worldwide Holdings makes up approximately 0.89% of New Amsterdam Partnersny’s portfolio.

Other Hedge Funds, Including , California State Teachers Retirement System reduced its stake in AAWW by selling 1,583 shares or 2.99% in the most recent quarter. The Hedge Fund company now holds 51,431 shares of AAWW which is valued at $1,967,236.Chicago Equity Partners reduced its stake in AAWW by selling 2,400 shares or 4.49% in the most recent quarter. The Hedge Fund company now holds 50,995 shares of AAWW which is valued at $2,204,514. Atlas Air Worldwide Holdings makes up approx 0.06% of Chicago Equity Partners’s portfolio.American Century Companies Inc reduced its stake in AAWW by selling 28,587 shares or 20.64% in the most recent quarter. The Hedge Fund company now holds 109,911 shares of AAWW which is valued at $4,649,235. Atlas Air Worldwide Holdings makes up approx 0.01% of American Century Companies Inc’s portfolio.New York State Teachers Retirement System reduced its stake in AAWW by selling 100 shares or 0.53% in the most recent quarter. The Hedge Fund company now holds 18,817 shares of AAWW which is valued at $790,502. Americafirst Capital Management added AAWW to its portfolio by purchasing 6,218 company shares during the most recent quarter which is valued at $262,959. Atlas Air Worldwide Holdings makes up approx 0.18% of Americafirst Capital Management’s portfolio.

Atlas Air Worldwide Holdings closed down -2.51 points or -6.56% at $35.74 with 7,64,489 shares getting traded on Thursday. Post opening the session at $38, the shares hit an intraday low of $35.22 and an intraday high of $39.18 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.

On the company’s financial health, Atlas Air Worldwide Holdings reported $0.80 EPS for the quarter, missing the analyst consensus estimate by $ -0.13 based on the information available during the earnings call on Aug 3, 2016. Analyst had a consensus of $0.93. The company had revenue of $443.27 million for the quarter, compared to analysts expectations of $477.52 million. The company’s revenue was down -2.8 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.17 EPS.

Many Wall Street Analysts have commented on Atlas Air Worldwide Holdings. Shares were Reiterated by RBC Capital Mkts on Aug 4, 2016 to “Sector Perform” and Lowered the Price Target to $ 44 from a previous price target of $49 .Company shares were Reiterated by RBC Capital Mkts on May 6, 2016 to “Sector Perform”, Firm has raised the Price Target to $ 49 from a previous price target of $41 .Company shares were Reiterated by Cowen on May 6, 2016 to “Market Perform”, Firm has raised the Price Target to $ 55 from a previous price target of $50 .

Atlas Air Worldwide Holdings Inc. (AAWW) is a holding company with a principal wholly owned operating subsidiary Atlas Air Inc. (Atlas). The Company is a global provider of outsourced aircraft and aviation operating services operating a fleet of around 747 freighters as well as operating 747 and 767 passenger aircraft and 767 freighters. It operates through three segments: ACMI Charter and Dry Leasing. The ACMI segment provides aircraft crew maintenance and insurance services to customers. Also included in the ACMI segment is CMI which provides crew maintenance and insurance services. The Charter segment provides full planeload air cargo and passenger aircraft charters to customers including the air mobility command (AMC) brokers freight forwarders direct shippers airlines sports teams and fans and private charter customers. The Dry Leasing segment provides the leasing of aircraft and engines to customers and operates through Titan a cargo aircraft dry lessor.

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