Shares of Atlas Air Worldwide Holdings (NASDAQ:AAWW) were down 1.4% during trading on Thursday . The stock traded as low as $34.81 and last traded at $35.06, with a volume of 140,950 shares trading hands. The stock had previously closed at $35.56.

A number of equities analysts have recently issued reports on the company. Stifel Nicolaus assumed coverage on Atlas Air Worldwide Holdings in a research note on Thursday. They issued a “buy” rating and a $49.00 price target on the stock. RBC Capital Markets restated a “sector perform” rating and issued a $44.00 price target (down from $49.00) on shares of Atlas Air Worldwide Holdings in a research note on Thursday, August 4th. Royal Bank Of Canada dropped their price target on Atlas Air Worldwide Holdings from $49.00 to $44.00 and set a “sector perform” rating on the stock in a research note on Thursday, August 4th. Zacks Investment Research upgraded Atlas Air Worldwide Holdings from a “sell” rating to a “hold” rating in a research note on Wednesday, May 11th. Finally, Cowen and Company raised their price target on 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. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and one has given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of $45.83.

The company’s 50 day moving average price is $38.89 and its 200-day moving average price is $40.49. The firm’s market cap is $902.32 million.

Atlas Air Worldwide Holdings (NASDAQ:AAWW) last issued its quarterly earnings results on Wednesday, August 3rd. The company reported $0.80 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.93 by $0.13. The firm earned $443.30 million during the quarter, compared to analyst estimates of $473.86 million. The company’s quarterly revenue was down 2.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.17 earnings per share. Equities analysts predict that Atlas Air Worldwide Holdings will post $4.47 EPS for the current year.

In other news, CEO William J. Flynn sold 10,000 shares of the company’s stock in a transaction on Monday, June 6th. The stock was sold at an average price of $45.01, for a total transaction of $450,100.00. Following the transaction, the chief executive officer now directly owns 182,135 shares of the company’s stock, valued at $8,197,896.35. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

A hedge fund recently raised its stake in Atlas Air Worldwide Holdings stock. Connor Clark & Lunn Investment Management Ltd. boosted its stake in shares of Atlas Air Worldwide Holdings (NASDAQ:AAWW) by 12.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. 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 at the end of the most recent quarter.

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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