NJ State Employees Deferred Compensation Plan Has $1.28 Million Holdings in Atlas Air Worldwide Holdings, Inc. (AAWW)

NJ State Employees Deferred Compensation Plan raised its holdings in Atlas Air Worldwide Holdings, Inc. (NASDAQ:AAWW) by 17.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 20,000 shares of the transportation company’s stock after buying an additional 3,000 shares during the quarter. NJ State Employees Deferred Compensation Plan owned 0.08% of Atlas Air Worldwide worth $1,275,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in AAWW. Hood River Capital Management LLC bought a new stake in Atlas Air Worldwide in the 2nd quarter valued at $27,059,000. Atwood & Palmer Inc. bought a new stake in shares of Atlas Air Worldwide in the 2nd quarter worth about $13,880,000. Millennium Management LLC grew its holdings in shares of Atlas Air Worldwide by 112.5% in the 1st quarter. Millennium Management LLC now owns 211,900 shares of the transportation company’s stock worth $12,809,000 after purchasing an additional 112,187 shares during the last quarter. Russell Investments Group Ltd. grew its holdings in shares of Atlas Air Worldwide by 64.4% in the 1st quarter. Russell Investments Group Ltd. now owns 188,410 shares of the transportation company’s stock worth $11,389,000 after purchasing an additional 73,790 shares during the last quarter. Finally, Towle & Co. grew its holdings in shares of Atlas Air Worldwide by 9.5% in the 2nd quarter. Towle & Co. now owns 831,690 shares of the transportation company’s stock worth $59,632,000 after purchasing an additional 72,320 shares during the last quarter.

Shares of AAWW traded down $0.74 during trading hours on Tuesday, hitting $52.12. The stock had a trading volume of 13,649 shares, compared to its average volume of 260,530. The company has a debt-to-equity ratio of 1.27, a quick ratio of 0.72 and a current ratio of 0.72. Atlas Air Worldwide Holdings, Inc. has a 52 week low of $50.65 and a 52 week high of $75.29. The firm has a market cap of $1.63 billion, a price-to-earnings ratio of 10.57 and a beta of 1.17.

Atlas Air Worldwide (NASDAQ:AAWW) last issued its quarterly earnings data on Thursday, August 2nd. The transportation company reported $1.75 EPS for the quarter, topping analysts’ consensus estimates of $1.25 by $0.50. Atlas Air Worldwide had a net margin of 7.18% and a return on equity of 9.80%. The firm had revenue of $666.15 million for the quarter, compared to analyst estimates of $634.93 million. During the same quarter in the prior year, the firm earned $1.09 EPS. The company’s revenue was up 28.8% on a year-over-year basis. As a group, sell-side analysts anticipate that Atlas Air Worldwide Holdings, Inc. will post 6.87 EPS for the current fiscal year.

In other Atlas Air Worldwide news, CEO William J. Flynn sold 5,000 shares of the company’s stock in a transaction dated Monday, July 30th. The shares were sold at an average price of $67.05, for a total transaction of $335,250.00. Following the transaction, the chief executive officer now directly owns 111,958 shares in the company, valued at approximately $7,506,783.90. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 2.20% of the company’s stock.

Several research firms have recently weighed in on AAWW. ValuEngine lowered shares of Atlas Air Worldwide from a “sell” rating to a “strong sell” rating in a report on Tuesday, October 9th. Wolfe Research lowered shares of Atlas Air Worldwide from a “peer perform” rating to an “underperform” rating in a report on Friday, October 5th. BidaskClub raised shares of Atlas Air Worldwide from a “strong sell” rating to a “sell” rating in a report on Friday, September 7th. Deutsche Bank began coverage on shares of Atlas Air Worldwide in a report on Tuesday, September 4th. They issued a “buy” rating and a $76.00 target price on the stock. Finally, Susquehanna Bancshares set a $77.00 target price on shares of Atlas Air Worldwide and gave the stock a “buy” rating in a report on Friday, August 3rd. Three analysts have rated the stock with a sell rating and six have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $78.67.

Atlas Air Worldwide Profile

Atlas Air Worldwide Holdings, Inc, through its subsidiaries, provides outsourced aircraft and aviation operating services worldwide. It operates through three segments: ACMI, Charter, and Dry Leasing. The company offers outsourced cargo and passenger aircraft operating solutions comprising contractual service arrangements, which include the provision of aircraft; and value-added services, such as crew, maintenance, and insurance to aircraft and other customers.

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Institutional Ownership by Quarter for Atlas Air Worldwide (NASDAQ:AAWW)

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