Delta Air Lines Inc on Thursday reported an 8 percent drop in its fourth-quarter profit and forecast total unit revenue, a closely watched performance metric, to increase 2.5-4.5 percent in the first quarter of 2018. Energy Income Partners Llc who had been investing in Atmos Energy Corp for a number of months, seems to be bullish on the $9.16 billion market cap company. About 16.45 million shares traded or 147.16% up from the average. Over the last quarter, insiders sold 249,197 shares of company stock worth $13,797,192. The transportation company reported $0.96 earnings per share for the quarter, beating the consensus estimate of $0.87 by $0.09.
DAL stock was up 1% as of noon Thursday. Delta Air Lines, Inc. (NYSE:DAL) has risen 11.83% since January 9, 2017 and is uptrending. It has underperformed by 4.87% the S&P500. The firm owned 17,243 shares of the transportation company's stock after selling 19,585 shares during the period. The Ws Management Lllp holds 378,900 shares with $18.27M value, down from 478,900 last quarter. (NYSE: ALK) traded up 2.4% at $73.80.
Investors sentiment increased to 1.15 in 2017 Q3. Its down 0.13, from 1.13 in 2017Q2. (NASDAQ:GILD). Spectrum Gru invested in 0.01% or 221 shares. Aviva Public Limited Co accumulated 476,910 shares. 589.14 million shares or 3.18% less from 608.49 million shares in 2017Q2 were reported.
That helped the Dow Jones U.S. Airlines index .djusar up 2.25 percent. Ubs Oconnor Ltd Liability Corporation holds 0.3% or 268,969 shares. Company insiders own 0.37% of the company's stock. A 4 analysts rate it as either a buy or a strong buy, while 7 believe that investors should either steer clear of (NYSE:CHK) or, if they already own its stock, sell it. Therefore 96% are positive. The firm earned "Outperform" rating on Tuesday, April 12 by Credit Suisse.
Taking a close look at the activity of the stock of eBay Inc. On Thursday, November 3 the stock rating was upgraded by Morgan Stanley to "Overweight". The firm earned "Hold" rating on Friday, July 28 by BMO Capital Markets. The stock has "Buy" rating by Stifel Nicolaus on Monday, May 29. (NASDAQ:GILD) on Tuesday, October 25 with "Buy" rating. That's a potential 18.87 increase relative to where Delta Air Lines, Inc. There are brokerage firms with lower targets than the average, including one setting a price target of $63. On Saturday, August 8 the stock rating was downgraded by Zacks to "Buy". It is positive, as 69 investors sold DAL shares while 247 reduced holdings.
Delta is up 2.27% this year. According to the Analysts, the Low Earnings estimate for the current quarter is $0.53, while the High earnings estimate is $0.78.Comparatively, EPS for the same quarter previous year was $0.47. Cowen increased their price objective on shares of Delta Air Lines from $62.00 to $66.00 and gave the company an "outperform" rating in a report on Friday, December 15th.
United Continental Holdings Inc. The legal version of this story can be viewed at https://registrarjournal.com/2018/01/12/first-citizens-bank-trust-co-trims-stake-in-delta-air-lines-inc-dal.html. $4.40 million worth of stock was sold by Washington Robin L on Thursday, September 7. 299,345 were accumulated by Oregon Employees Retirement Fund. Wellington Shields Mngmt Ltd Liability Co holds 0.13% or 20,120 shares in its portfolio. Image source: Delta Air Lines. 5,846 are held by Moors Cabot. Ls Advisors Limited Company has invested 0.04% of its portfolio in Hess Corporation (NYSE:HES). Finally, Moors & Cabot Inc. lifted its holdings in Delta Air Lines by 5.4% in the second quarter. Moreover, Fuller Thaler Asset has 0% invested in Delta Air Lines, Inc. 92,660 were accumulated by Oz Lp. 159,240 Delta Air Lines, Inc. (NYSE:DAL) on Monday, December 18 with "Buy" rating.
Brent crude rose above $70 a barrel and USA crude rose 1.57 percent to $64.58 per barrel, its highest since December 2014, boosted by a surprise drop in US production and lower crude inventories. The stock was sold at an average price of $56.05, for a total transaction of $604,387.15.