AYAL Capital Advisors Ltd Purchases New Position in Sky Harbour Group Co. (NYSEAMERICAN:SKYH)

AYAL Capital Advisors Ltd acquired a new stake in Sky Harbour Group Co. (NYSEAMERICAN:SKYH) in the fourth quarter, Holdings Channel reports. The institutional investor acquired 502,278 shares of the company’s stock, valued at approximately $5,992,000. Sky Harbour Group makes up approximately 1.6% of AYAL Capital Advisors Ltd’s investment portfolio, making the stock its 13th largest position.

A number of other large investors have also modified their holdings of the company. Lawson Kroeker Investment Management Inc. NE lifted its position in shares of Sky Harbour Group by 121.8% during the 4th quarter. Lawson Kroeker Investment Management Inc. NE now owns 374,781 shares of the company’s stock valued at $4,471,000 after buying an additional 205,788 shares in the last quarter. Geode Capital Management LLC lifted its holdings in Sky Harbour Group by 20.1% during the fourth quarter. Geode Capital Management LLC now owns 301,909 shares of the company’s stock valued at $3,602,000 after purchasing an additional 50,444 shares in the last quarter. Meixler Investment Management Ltd. grew its position in shares of Sky Harbour Group by 60.1% in the fourth quarter. Meixler Investment Management Ltd. now owns 157,930 shares of the company’s stock valued at $1,884,000 after purchasing an additional 59,284 shares during the period. State Street Corp increased its stake in shares of Sky Harbour Group by 1.1% during the third quarter. State Street Corp now owns 125,483 shares of the company’s stock worth $1,385,000 after purchasing an additional 1,406 shares in the last quarter. Finally, Centerpoint Advisors LLC acquired a new position in shares of Sky Harbour Group during the 4th quarter worth about $1,390,000. Institutional investors and hedge funds own 14.75% of the company’s stock.

Sky Harbour Group Trading Up 4.9 %

Shares of NYSEAMERICAN SKYH opened at $11.25 on Friday. The company has a 50-day moving average of $11.29 and a 200 day moving average of $11.41. Sky Harbour Group Co. has a 12-month low of $8.26 and a 12-month high of $14.52. The stock has a market cap of $850.61 million, a PE ratio of -5.43 and a beta of 1.74.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on SKYH shares. Alliance Global Partners assumed coverage on Sky Harbour Group in a report on Friday, April 25th. They issued a “buy” rating and a $14.50 price objective on the stock. B. Riley upgraded Sky Harbour Group to a “strong-buy” rating in a research report on Tuesday, January 7th. Three analysts have rated the stock with a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of $18.50.

Sky Harbour Group Company Profile

Sky Harbour Group Corporation operates as an aviation infrastructure development company in the United States. It develops, leases, and manages general aviation hangars for business aircraft. The company is based in White Plains, New York.