Atlas Air Worldwide Holdings (NASDAQ:AAWW) shot up 2.2% during trading on Wednesday . The stock traded as high as $36.61 and last traded at $35.80, with a volume of 144,800 shares trading hands. The stock had previously closed at $35.04.

Several brokerages have recently commented on AAWW. RBC Capital Markets reaffirmed a “sector perform” rating and set a $44.00 target price (down from $49.00) on shares of Atlas Air Worldwide Holdings in a report on Thursday, August 4th. Cowen and Company upped their target price on Atlas Air Worldwide Holdings from $50.00 to $55.00 and gave the company a “market perform” rating in a report on Friday, May 6th. Wolfe Research raised Atlas Air Worldwide Holdings from an “underperform” rating to a “market perform” rating in a report on Friday, May 6th. Royal Bank Of Canada upped their target price on Atlas Air Worldwide Holdings from $41.00 to $49.00 and gave the company a “sector perform” rating in a report on Friday, May 6th. Finally, Zacks Investment Research downgraded Atlas Air Worldwide Holdings from a “hold” rating to a “sell” rating in a report on Monday, May 2nd. Two research analysts have rated the stock with a sell rating and six have issued a hold rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $45.20.

The stock has a 50 day moving average of $39.23 and a 200 day moving average of $40.55. The firm’s market capitalization is $880.60 million.

Atlas Air Worldwide Holdings (NASDAQ:AAWW) last issued its quarterly earnings data on Wednesday, August 3rd. The company reported $0.80 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.93 by $0.13. The business earned $443.30 million during the quarter, compared to analysts’ expectations of $473.86 million. During the same period last year, the firm posted $1.17 EPS. The business’s revenue was down 2.8% on a year-over-year basis. On average, analysts predict that Atlas Air Worldwide Holdings will post $4.49 earnings per share for the current year.

In other Atlas Air Worldwide Holdings news, Director Duncan J. Mcnabb sold 1,111 shares of Atlas Air Worldwide Holdings stock in a transaction on Thursday, May 26th. The stock was sold at an average price of $44.60, for a total value of $49,550.60. Following the completion of the transaction, the director now owns 11,407 shares in the company, valued at approximately $508,752.20. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO William J. Flynn sold 10,000 shares of Atlas Air Worldwide Holdings stock in a transaction on Monday, June 6th. The shares were sold at an average price of $45.01, for a total value of $450,100.00. Following the completion of the transaction, the chief executive officer now owns 182,135 shares of the company’s stock, valued at approximately $8,197,896.35. The disclosure for this sale can be found here.

Several large investors have recently added to or reduced their stakes in the stock. Connor Clark & Lunn Investment Management Ltd. boosted its stake in Atlas Air Worldwide Holdings by 12.0% in the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 51,400 shares of the company’s stock valued at $2,125,000 after buying an additional 5,500 shares during the period. Principal Financial Group Inc. boosted its stake in Atlas Air Worldwide Holdings by 3.9% in the fourth quarter. Principal Financial Group Inc. now owns 491,819 shares of the company’s stock valued at $20,332,000 after buying an additional 18,487 shares during the period. Finally, California Public Employees Retirement System boosted its stake in Atlas Air Worldwide Holdings by 4.7% in the fourth quarter. California Public Employees Retirement System now owns 75,700 shares of the company’s stock valued at $3,129,000 after buying an additional 3,400 shares during the period.

Atlas Air Worldwide Holdings, Inc, (AAWW) is a holding company with a principal operating subsidiary, Atlas Air, Inc (Atlas). The Company is a provider of outsourced aircraft and aviation operating services, operating a fleet of 750 freighters, as well as operating 747 and 767 passenger aircraft and 767 freighters.

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