Pier Capital LLC bought a new position in shares of Atlas Air Worldwide Holdings, Inc. (NASDAQ:AAWW) during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor bought 82,988 shares of the transportation company’s stock, valued at approximately $5,461,000. Pier Capital LLC owned approximately 0.33% of Atlas Air Worldwide at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the business. Arizona State Retirement System boosted its holdings in shares of Atlas Air Worldwide by 0.8% in the 2nd quarter. Arizona State Retirement System now owns 13,223 shares of the transportation company’s stock valued at $690,000 after buying an additional 100 shares in the last quarter. Louisiana State Employees Retirement System boosted its holdings in shares of Atlas Air Worldwide by 1.0% in the 2nd 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 in the last quarter. US Bancorp DE boosted its holdings in shares of Atlas Air Worldwide by 3.7% in the 2nd quarter. US Bancorp DE now owns 5,548 shares of the transportation company’s stock valued at $289,000 after buying an additional 197 shares in the last quarter. Texas Permanent School Fund boosted its holdings in shares of Atlas Air Worldwide by 1.4% in the 2nd quarter. Texas Permanent School Fund now owns 18,445 shares of the transportation company’s stock valued at $962,000 after buying an additional 253 shares in the last quarter. Finally, California Public Employees Retirement System boosted its holdings in shares of Atlas Air Worldwide by 0.4% in the 2nd quarter. California Public Employees Retirement System now owns 74,400 shares of the transportation company’s stock valued at $3,880,000 after buying an additional 300 shares in the last quarter. Institutional investors own 96.40% of the company’s stock.

In other Atlas Air Worldwide news, CEO William J. Flynn sold 5,000 shares of the firm’s stock in a transaction that occurred on Monday, October 30th. The shares were sold at an average price of $61.21, for a total transaction of $306,050.00. Following the completion of the transaction, the chief executive officer now directly owns 171,958 shares of the company’s stock, valued at approximately $10,525,549.18. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Insiders have sold a total of 25,000 shares of company stock valued at $1,605,650 over the last three months. 2.50% of the stock is currently owned by insiders.

Atlas Air Worldwide Holdings, Inc. (AAWW) opened at $58.00 on Tuesday. The company has a market cap of $1,470.00, a P/E ratio of 12.48 and a beta of 1.38. The company has a debt-to-equity ratio of 1.21, a current ratio of 0.66 and a quick ratio of 0.66. Atlas Air Worldwide Holdings, Inc. has a 1 year low of $45.45 and a 1 year high of $68.70.

Atlas Air Worldwide (NASDAQ:AAWW) last announced its quarterly earnings data on Tuesday, November 7th. The transportation company reported $1.08 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.13 by ($0.05). The company had revenue of $535.70 million during the quarter, compared to analysts’ expectations of $521.29 million. Atlas Air Worldwide had a net margin of 2.06% and a return on equity of 8.14%. The business’s revenue for the quarter was up 19.6% compared to the same quarter last year. During the same period in the previous year, the business earned $1.09 earnings per share. research analysts anticipate that Atlas Air Worldwide Holdings, Inc. will post 4.64 earnings per share for the current fiscal year.

AAWW has been the topic of a number of recent analyst reports. ValuEngine cut shares of Atlas Air Worldwide from a “strong-buy” rating to a “buy” rating in a report on Tuesday, November 14th. Zacks Investment Research cut shares of Atlas Air Worldwide from a “buy” rating to a “hold” rating in a report on Tuesday, October 10th. Stifel Nicolaus upgraded shares of Atlas Air Worldwide from a “hold” rating to a “buy” rating and set a $69.00 price target on the stock in a report on Tuesday, November 7th. BidaskClub cut shares of Atlas Air Worldwide from a “hold” rating to a “sell” rating in a report on Friday, August 11th. Finally, Susquehanna Bancshares started coverage on shares of Atlas Air Worldwide in a report on Thursday, August 17th. They issued a “positive” rating and a $72.00 price target on the stock. Two research analysts have rated the stock with a sell rating, one has issued a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of $70.00.

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Atlas Air Worldwide Company Profile

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 (NASDAQ:AAWW)

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