Bank of Montreal Can Grows Holdings in Atlas Air Worldwide Holdings, Inc. (AAWW)

Bank of Montreal Can raised its position in Atlas Air Worldwide Holdings, Inc. (NASDAQ:AAWW) by 8.9% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 61,776 shares of the transportation company’s stock after acquiring an additional 5,038 shares during the period. Bank of Montreal Can owned about 0.24% of Atlas Air Worldwide worth $3,939,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Tygh Capital Management Inc. raised its stake in shares of Atlas Air Worldwide by 1.1% during the 2nd quarter. Tygh Capital Management Inc. now owns 84,308 shares of the transportation company’s stock worth $6,045,000 after purchasing an additional 917 shares in the last quarter. Rhumbline Advisers raised its stake in shares of Atlas Air Worldwide by 1.9% during the 2nd quarter. Rhumbline Advisers now owns 60,517 shares of the transportation company’s stock worth $4,339,000 after purchasing an additional 1,102 shares in the last quarter. Verition Fund Management LLC increased its holdings in shares of Atlas Air Worldwide by 5.3% during the 2nd quarter. Verition Fund Management LLC now owns 22,034 shares of the transportation company’s stock worth $1,580,000 after acquiring an additional 1,103 shares during the last quarter. Baird Financial Group Inc. increased its holdings in shares of Atlas Air Worldwide by 1.3% during the 2nd quarter. Baird Financial Group Inc. now owns 89,231 shares of the transportation company’s stock worth $6,398,000 after acquiring an additional 1,134 shares during the last quarter. Finally, Signition LP increased its holdings in shares of Atlas Air Worldwide by 9.9% during the 2nd quarter. Signition LP now owns 13,803 shares of the transportation company’s stock worth $990,000 after acquiring an additional 1,244 shares during the last quarter.

AAWW stock opened at $55.21 on Friday. The company has a current ratio of 0.73, a quick ratio of 0.72 and a debt-to-equity ratio of 1.23. The company has a market cap of $1.41 billion, a P/E ratio of 11.20 and a beta of 1.52. Atlas Air Worldwide Holdings, Inc. has a 1-year low of $48.19 and a 1-year high of $75.29.

Atlas Air Worldwide (NASDAQ:AAWW) last posted its earnings results on Thursday, November 1st. The transportation company reported $1.54 earnings per share for the quarter, topping analysts’ consensus estimates of $1.36 by $0.18. Atlas Air Worldwide had a return on equity of 10.20% and a net margin of 10.59%. The business had revenue of $656.61 million for the quarter, compared to analyst estimates of $664.70 million. During the same period in the previous year, the firm earned $1.08 EPS. The firm’s revenue was up 22.6% compared to the same quarter last year. Equities analysts forecast that Atlas Air Worldwide Holdings, Inc. will post 6.87 EPS for the current year.

A number of research analysts recently weighed in on the company. BidaskClub raised Atlas Air Worldwide from a “strong sell” rating to a “sell” rating in a report on Saturday. Susquehanna Bancshares set a $77.00 target price on Atlas Air Worldwide and gave the stock a “buy” rating in a report on Friday, August 3rd. ValuEngine lowered Atlas Air Worldwide from a “buy” rating to a “hold” rating in a report on Monday, July 16th. Deutsche Bank assumed coverage on Atlas Air Worldwide in a report on Tuesday, September 4th. They set a “buy” rating and a $76.00 target price on the stock. Finally, Wolfe Research lowered Atlas Air Worldwide from a “peer perform” rating to an “underperform” rating in a report on Friday, October 5th. Three research analysts have rated the stock with a sell rating and six have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $78.67.

About Atlas Air Worldwide

Atlas Air Worldwide Holdings, Inc, through its subsidiaries, provides outsourced aircraft and aviation operating services worldwide. It operates through three segments: ACMI, Charter, and Dry Leasing. The company offers outsourced cargo and passenger aircraft operating solutions comprising contractual service arrangements, which include the provision of aircraft; and value-added services, such as crew, maintenance, and insurance to aircraft and other customers.

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

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