Broker Changes For Delta Air Lines, Inc. (NYSE:DAL)

Tammy Harvey
April 8, 2017

3,202,219 shares of the company's stock traded hands.

Several brokerages recently commented on DAL.

03/17/2017 - Delta Air Lines, Inc. was downgraded to " by analysts at Wolfe Research. Zacks Investment Research raised shares of Delta Air Lines from a "hold" rating to a "buy" rating and set a $54.00 price objective on the stock in a research report on Monday, February 6th. Morgan Stanley reiterated an "overweight" rating on shares of Delta Air Lines in a research report on Saturday, January 7th. Delta Air Lines, Inc. got Upgrade on 6-Feb-17 where investment firm Bernstein Upgrade the stock from Mkt Perform to Outperform. (DAL)'s stock to Outperform with no specific Price Target. The company has an average rating of "Buy" and a consensus price target of $53.56.

Also, Director Douglas R. Ralph acquired 1,000 shares of the business's stock in a transaction on Monday, January 23rd. Volatility for the week appears to be 1.62% in conjunction with the Volatility for the month at 2.23%. Also, CFO Paul A. Jacobson sold 20,000 shares of the business's stock in a transaction that occurred on Wednesday, February 1st.

In a note issued Monday, Cowen & Co. analyst Helane Becker wrote, "When Delta updated 1Q17 guidance in March, the guidance implied March PRASM would be up 2% to 2.5%". Institutional investors own 79.44% of the company's stock. The disclosure for this purchase can be found here. Over the last 90 days, insiders bought 101,500 shares of company stock valued at $57,480 and sold 99,417 shares valued at $4,975,031.

Berkshire Hathaway Inc increased Delta Air Lines Inc Del (DAL) stake by 847.69% reported in 2016Q4 SEC filing.

Earnings per share (EPS) is the portion of a company's profit allocated to each outstanding share of common stock. Crow Point Partners LLC acquired a new position in Delta Air Lines during the third quarter valued at approximately $106,000. Hanlon Investment Management Inc. purchased a new position in Delta Air Lines during the fourth quarter valued at $2,816,000.


EPS growth in next year is estimated to reach 11.28% while EPS growth estimate for this year is set at 2.90%. Macquarie Group Ltd. raised its position in Delta Air Lines by 180.5% in the fourth quarter. (NASDAQ:INCR) ended its day at $45.85 with the rising stream of 0.00% and its total traded volume was 1.87 million shares more than the average volume.

The current assessment for Delta Air Lines, Inc. The stock's current distance from 20-Day Simple Moving Average (SMA20) is -3.24% where SMA50 and SMA200 are -6.58% and 3.94% respectively. The corporation has a market cap of US$33.66 Billion.

Delta Air Lines Incorporated (NYSE:DAL) had a decrease of 21.02% in short interest. The company reported $0.82 EPS for the quarter, hitting the Thomson Reuters' consensus estimate of $0.82.

The airline said it continued to expect operating margin of 10-11 percent for the quarter and an improvement in unit revenue in the second half of the year, that would offset higher fuel and labor costs. The firm earned $9.46 billion during the quarter, compared to the consensus estimate of $9.40 billion. The company reported revenue of $11 Billion in the same period past year.

The airline had previously expected first-quarter passenger unit revenue to be almost flat. The performance for Year till Date (YTD) now measures at -5.46%.

The firm also recently announced a quarterly dividend, which was paid on Friday, March 17th. This represents a $0.81 dividend on an annualized basis and a yield of 1.79%. The ex-dividend date was Wednesday, February 22nd. 4,671 Delta Air Lines, Inc. Verition Fund Mngmt stated it has 0.27% of its portfolio in Delta Air Lines, Inc. If you are viewing this piece on another domain, it was copied illegally and reposted in violation of worldwide copyright & trademark laws.

103,000 Delta Air Lines, Inc.

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