Air Transport Services Group, Inc (ATSG) Holdings Lifted by Uniplan Investment Counsel Inc.

Uniplan Investment Counsel Inc. grew its position in Air Transport Services Group, Inc (NASDAQ:ATSG) by 4.0% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 654,249 shares of the transportation company’s stock after purchasing an additional 25,449 shares during the period. Uniplan Investment Counsel Inc. owned approximately 1.10% of Air Transport Services Group worth $14,249,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Vanguard Group Inc. grew its position in Air Transport Services Group by 5.5% in the 1st quarter. Vanguard Group Inc. now owns 4,050,634 shares of the transportation company’s stock worth $65,013,000 after purchasing an additional 211,204 shares during the last quarter. FMR LLC grew its position in Air Transport Services Group by 79.2% in the 1st quarter. FMR LLC now owns 3,135,356 shares of the transportation company’s stock worth $50,323,000 after purchasing an additional 1,386,101 shares during the last quarter. Victory Capital Management Inc. grew its position in Air Transport Services Group by 16,471.6% in the 2nd quarter. Victory Capital Management Inc. now owns 1,141,285 shares of the transportation company’s stock worth $24,857,000 after purchasing an additional 1,134,398 shares during the last quarter. Alliancebernstein L.P. grew its position in Air Transport Services Group by 1.6% in the 1st quarter. Alliancebernstein L.P. now owns 864,700 shares of the transportation company’s stock worth $13,878,000 after purchasing an additional 13,740 shares during the last quarter. Finally, IPG Investment Advisors LLC grew its position in Air Transport Services Group by 3.5% in the 2nd quarter. IPG Investment Advisors LLC now owns 846,340 shares of the transportation company’s stock worth $18,433,000 after purchasing an additional 28,970 shares during the last quarter. Hedge funds and other institutional investors own 88.07% of the company’s stock.

In other Air Transport Services Group news, Director Richard M. Baudouin sold 8,100 shares of the firm’s stock in a transaction dated Tuesday, August 29th. The shares were sold at an average price of $21.71, for a total value of $175,851.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider W Joseph Payne sold 5,000 shares of the firm’s stock in a transaction dated Tuesday, August 1st. The shares were sold at an average price of $24.52, for a total transaction of $122,600.00. Following the completion of the sale, the insider now owns 185,452 shares of the company’s stock, valued at approximately $4,547,283.04. The disclosure for this sale can be found here. Insiders sold a total of 17,202 shares of company stock valued at $389,679 in the last 90 days. Corporate insiders own 2.20% of the company’s stock.

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Several research analysts have commented on the stock. Zacks Investment Research cut shares of Air Transport Services Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 17th. Cowen and Company restated an “outperform” rating on shares of Air Transport Services Group in a research report on Monday, May 15th. TheStreet cut shares of Air Transport Services Group from a “b+” rating to a “c+” rating in a research report on Monday, August 7th. BidaskClub upgraded shares of Air Transport Services Group from a “hold” rating to a “buy” rating in a research report on Saturday, July 8th. Finally, Susquehanna Bancshares Inc assumed coverage on shares of Air Transport Services Group in a research report on Thursday, August 17th. They issued a “neutral” rating and a $22.00 target price for the company. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and four have assigned a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of $23.13.

Shares of Air Transport Services Group, Inc (NASDAQ:ATSG) traded up 0.13% during mid-day trading on Monday, hitting $23.22. 47,376 shares of the stock were exchanged. The company’s 50-day moving average is $23.15 and its 200-day moving average is $20.78. Air Transport Services Group, Inc has a 1-year low of $12.94 and a 1-year high of $25.75. The firm’s market cap is $1.37 billion.

Air Transport Services Group (NASDAQ:ATSG) last posted its quarterly earnings data on Monday, August 7th. The transportation company reported $0.21 earnings per share for the quarter, beating the consensus estimate of $0.19 by $0.02. The firm had revenue of $253.21 million during the quarter, compared to analysts’ expectations of $235.69 million. Air Transport Services Group had a negative net margin of 4.42% and a positive return on equity of 14.27%. The company’s quarterly revenue was up 43.4% compared to the same quarter last year. During the same quarter last year, the company posted $0.13 EPS. Equities research analysts anticipate that Air Transport Services Group, Inc will post $0.86 earnings per share for the current fiscal year.

Air Transport Services Group Company Profile

Air Transport Services Group, Inc (ATSG) is a holding company. The Company provides airline operations, aircraft leases, aircraft maintenance and other support services primarily to the cargo transportation and package delivery industries. It offers aircraft, crew, maintenance and insurance (ACMI) for specified cargo operations.

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

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