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

A number of equities analysts recently commented on AAWW shares. Cowen and Company lifted their price target on shares of Atlas Air Worldwide Holdings from $50.00 to $55.00 and gave the stock a “market perform” rating in a research note on Friday, May 6th. Wolfe Research raised shares of Atlas Air Worldwide Holdings from an “underperform” rating to a “market perform” rating in a research note on Friday, May 6th. Royal Bank Of Canada lifted their price target on shares of Atlas Air Worldwide Holdings from $41.00 to $49.00 and gave the stock a “sector perform” rating in a research note on Friday, May 6th. Zacks Investment Research raised shares of Atlas Air Worldwide Holdings from a “sell” rating to a “hold” rating in a research note on Wednesday, May 11th. Finally, RBC Capital Markets reaffirmed a “sector perform” rating and set a $44.00 price target (down from $49.00) on shares of Atlas Air Worldwide Holdings in a research note on Thursday, August 4th. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and one has issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $45.83.

The firm’s 50 day moving average price is $38.99 and its 200 day moving average price is $40.48. The company’s market capitalization is $874.26 million.

Atlas Air Worldwide Holdings (NASDAQ:AAWW) last posted its quarterly earnings data on Wednesday, August 3rd. The company reported $0.80 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.93 by $0.13. The business had revenue of $443.30 million for the quarter, compared to the consensus estimate of $473.86 million. During the same period in the previous year, the company earned $1.17 EPS. The business’s revenue for the quarter was down 2.8% compared to the same quarter last year. Equities research analysts forecast that Atlas Air Worldwide Holdings will post $4.49 earnings per share for the current fiscal year.

In other Atlas Air Worldwide Holdings news, Director John K. Wulff bought 10,000 shares of Atlas Air Worldwide Holdings stock in a transaction dated Wednesday, August 10th. The stock was acquired at an average cost of $35.01 per share, for a total transaction of $350,100.00. Following the completion of the transaction, the director now directly owns 17,850 shares of the company’s stock, valued at $624,928.50. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

A hedge fund recently raised its stake in Atlas Air Worldwide Holdings stock. Connor Clark & Lunn Investment Management Ltd. raised its position in shares of Atlas Air Worldwide Holdings (NASDAQ:AAWW) by 12.0% during the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 51,400 shares of the company’s stock after buying an additional 5,500 shares during the period. Connor Clark & Lunn Investment Management Ltd. owned approximately 0.21% of Atlas Air Worldwide Holdings worth $2,125,000 as of its most recent SEC filing.

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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