HRT Financial LP lifted its position in shares of Air Transport Services Group, Inc. (NASDAQ:ATSG – Get Rating) by 16.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 31,621 shares of the transportation company’s stock after purchasing an additional 4,578 shares during the quarter. HRT Financial LP’s holdings in Air Transport Services Group were worth $821,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors also recently modified their holdings of the company. Bank of New York Mellon Corp boosted its stake in Air Transport Services Group by 3.0% in the 1st quarter. Bank of New York Mellon Corp now owns 331,441 shares of the transportation company’s stock valued at $11,087,000 after buying an additional 9,681 shares in the last quarter. PNC Financial Services Group Inc. raised its position in Air Transport Services Group by 714.0% in the 1st quarter. PNC Financial Services Group Inc. now owns 11,706 shares of the transportation company’s stock valued at $391,000 after purchasing an additional 10,268 shares during the last quarter. Bank of Montreal Can raised its position in Air Transport Services Group by 41.3% in the 1st quarter. Bank of Montreal Can now owns 161,108 shares of the transportation company’s stock valued at $5,497,000 after purchasing an additional 47,129 shares during the last quarter. MetLife Investment Management LLC raised its position in Air Transport Services Group by 56.5% in the 1st quarter. MetLife Investment Management LLC now owns 32,199 shares of the transportation company’s stock valued at $1,077,000 after purchasing an additional 11,631 shares during the last quarter. Finally, APG Asset Management N.V. bought a new position in Air Transport Services Group in the 1st quarter valued at $385,000. Institutional investors and hedge funds own 95.77% of the company’s stock.
Insiders Place Their Bets
In other Air Transport Services Group news, Director Raymond E. Johns, Jr. acquired 2,200 shares of the company’s stock in a transaction dated Thursday, May 18th. The shares were bought at an average cost of $16.49 per share, with a total value of $36,278.00. Following the purchase, the director now directly owns 23,543 shares of the company’s stock, valued at $388,224.07. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, COO Edward Joseph Koharik III acquired 2,000 shares of the firm’s stock in a transaction on Monday, March 13th. The stock was purchased at an average cost of $20.39 per share, with a total value of $40,780.00. Following the acquisition, the chief operating officer now owns 35,713 shares of the company’s stock, valued at approximately $728,188.07. The purchase was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Raymond E. Johns, Jr. acquired 2,200 shares of the firm’s stock in a transaction on Thursday, May 18th. The shares were bought at an average cost of $16.49 per share, with a total value of $36,278.00. Following the completion of the acquisition, the director now directly owns 23,543 shares in the company, valued at approximately $388,224.07. The disclosure for this purchase can be found here. In the last three months, insiders have purchased 11,075 shares of company stock valued at $200,340. 2.20% of the stock is currently owned by company insiders.
Analyst Ratings Changes
Air Transport Services Group Price Performance
Shares of NASDAQ ATSG opened at $16.91 on Friday. The firm has a market cap of $1.21 billion, a P/E ratio of 8.67 and a beta of 0.76. The company has a current ratio of 1.18, a quick ratio of 1.01 and a debt-to-equity ratio of 1.09. Air Transport Services Group, Inc. has a 1-year low of $14.39 and a 1-year high of $34.00. The business’s 50 day moving average is $18.80 and its 200-day moving average is $23.24.
Air Transport Services Group (NASDAQ:ATSG – Get Rating) last released its quarterly earnings data on Friday, May 5th. The transportation company reported $0.36 earnings per share for the quarter, missing the consensus estimate of $0.47 by ($0.11). The firm had revenue of $501.10 million for the quarter, compared to analyst estimates of $510.80 million. Air Transport Services Group had a net margin of 8.20% and a return on equity of 12.66%. The company’s revenue was up 3.1% compared to the same quarter last year. During the same period last year, the business earned $0.56 EPS. Equities research analysts predict that Air Transport Services Group, Inc. will post 1.61 earnings per share for the current year.
Air Transport Services Group Profile
Air Transport Services Group, Inc engages in the provision of airline operations, aircraft leases, aircraft maintenance, and other support services primarily to the cargo transportation and package delivery industries. It operates through the CAM and ACMI Services segments. The CAM segment consists of the company’s aircraft leasing operations.
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