Atlas Air Worldwide Holdings (AAWW) : Supplemental Annuity Collective Trust Of Nj added new position in Atlas Air Worldwide Holdings during the most recent quarter end. The investment management firm now holds 10,000 shares of Atlas Air Worldwide Holdings which is valued at $382,500 , the company said in a statement filed on Aug 2, 2016 with the SEC.Atlas Air Worldwide Holdings makes up approximately 0.19% of Supplemental Annuity Collective Trust Of Nj’s portfolio.
Other Hedge Funds, Including , Quantbot Technologies Lp reduced its stake in AAWW by selling 535 shares or 30.91% in the most recent quarter. The Hedge Fund company now holds 1,196 shares of AAWW which is valued at $45,747.Hanson Doremus Investment Management reduced its stake in AAWW by selling 245 shares or 2.59% in the most recent quarter. The Hedge Fund company now holds 9,200 shares of AAWW which is valued at $397,716. Atlas Air Worldwide Holdings makes up approx 0.17% of Hanson Doremus Investment Management’s portfolio. Huntington National Bank sold out all of its stake in AAWW during the most recent quarter. The investment firm sold 108 shares of AAWW which is valued $4,568. Simplex Trading added AAWW to its portfolio by purchasing 310 company shares during the most recent quarter which is valued at $13,110.
Atlas Air Worldwide Holdings closed down -0.09 points or -0.25% at $35.87 with 3,40,080 shares getting traded on Monday. Post opening the session at $36.1, the shares hit an intraday low of $35.85 and an intraday high of $36.81 and the price fluctuated in this range throughout the day.Shares ended Monday 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.