Aperio Group LLC raised its stake in Atlas Air Worldwide Holdings (NASDAQ:AAWW) by 10.2% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 16,523 shares of the transportation company’s stock after buying an additional 1,524 shares during the period. Aperio Group LLC’s holdings in Atlas Air Worldwide Holdings were worth $862,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Louisiana State Employees Retirement System increased its position in shares of Atlas Air Worldwide Holdings by 1.0% in the second quarter. Louisiana State Employees Retirement System now owns 10,300 shares of the transportation company’s stock valued at $537,000 after buying an additional 100 shares during the last quarter. OLD National Bancorp IN acquired a new position in shares of Atlas Air Worldwide Holdings during the second quarter valued at approximately $338,000. James Investment Research Inc. acquired a new position in shares of Atlas Air Worldwide Holdings during the second quarter valued at approximately $1,197,000. State of Alaska Department of Revenue increased its position in shares of Atlas Air Worldwide Holdings by 80.0% in the second quarter. State of Alaska Department of Revenue now owns 4,985 shares of the transportation company’s stock valued at $259,000 after buying an additional 2,215 shares during the last quarter. Finally, Bank of Montreal Can increased its position in shares of Atlas Air Worldwide Holdings by 32.3% in the second quarter. Bank of Montreal Can now owns 74,070 shares of the transportation company’s stock valued at $3,864,000 after buying an additional 18,076 shares during the last quarter. 96.41% of the stock is owned by hedge funds and other institutional investors.

Atlas Air Worldwide Holdings (NASDAQ:AAWW) traded up 2.07% on Friday, hitting $61.75. The stock had a trading volume of 215,504 shares. Atlas Air Worldwide Holdings has a 1-year low of $34.23 and a 1-year high of $67.75. The company has a 50-day moving average price of $59.54 and a 200-day moving average price of $54.75. The stock has a market capitalization of $1.56 billion, a price-to-earnings ratio of 26.39 and a beta of 1.45.

Atlas Air Worldwide Holdings (NASDAQ:AAWW) last released its earnings results on Wednesday, August 2nd. The transportation company reported $1.09 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.85 by $0.24. The company had revenue of $517.37 million during the quarter, compared to the consensus estimate of $500.44 million. Atlas Air Worldwide Holdings had a return on equity of 8.11% and a net margin of 2.98%. Atlas Air Worldwide Holdings’s quarterly revenue was up 16.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.80 EPS. Equities analysts predict that Atlas Air Worldwide Holdings will post $4.84 earnings per share for the current year.

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Several brokerages have commented on AAWW. Susquehanna Bancshares Inc began coverage on Atlas Air Worldwide Holdings in a research note on Thursday. They set a “positive” rating and a $72.00 target price for the company. BidaskClub downgraded Atlas Air Worldwide Holdings from a “hold” rating to a “sell” rating in a research note on Friday, August 11th. Zacks Investment Research raised Atlas Air Worldwide Holdings from a “hold” rating to a “buy” rating and set a $74.00 price objective for the company in a research note on Monday, August 7th. Cowen and Company reaffirmed an “outperform” rating and issued a $70.00 price objective (up previously from $60.00) on shares of Atlas Air Worldwide Holdings in a research note on Thursday, August 3rd. Finally, Stifel Nicolaus reaffirmed a “buy” rating on shares of Atlas Air Worldwide Holdings in a research note on Friday, June 2nd. One investment analyst has rated the stock with a sell rating and six have given a buy rating to the stock. Atlas Air Worldwide Holdings currently has a consensus rating of “Buy” and an average target price of $69.00.

In related news, Director Duncan J. Mcnabb sold 1,000 shares of the business’s stock in a transaction that occurred on Friday, August 11th. The stock was sold at an average price of $60.65, for a total value of $60,650.00. Following the completion of the sale, the director now owns 12,969 shares in the company, valued at approximately $786,569.85. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO William J. Flynn sold 5,000 shares of the business’s stock in a transaction that occurred on Monday, July 10th. The stock was sold at an average price of $55.10, for a total value of $275,500.00. Following the completion of the sale, the chief executive officer now owns 211,958 shares of the company’s stock, valued at approximately $11,678,885.80. The disclosure for this sale can be found here. Insiders sold a total of 26,000 shares of company stock valued at $1,464,850 in the last 90 days. 2.50% of the stock is currently owned by corporate insiders.

About Atlas Air Worldwide Holdings

Atlas Air Worldwide Holdings, Inc is a holding company. The Company provides outsourced aircraft and aviation operating services throughout the world, serving Africa, Asia, Australia, Europe, the Middle East, North America and South America through contractual service arrangements, including those through which it provides aircraft to customers and value-added services, including crew, maintenance and insurance (ACMI), as well as those through which it provides crew, maintenance and insurance, but not the aircraft (CMI); cargo and passenger charter services (Charter), and dry leasing aircraft and engines (Dry Leasing).

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

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