Dean Capital Management Has $1.76 Million Holdings in Air Transport Services Group, Inc. (NASDAQ:ATSG)

Dean Capital Management decreased its stake in Air Transport Services Group, Inc. (NASDAQ:ATSG) by 25.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 79,996 shares of the transportation company’s stock after selling 26,662 shares during the period. Dean Capital Management’s holdings in Air Transport Services Group were worth $1,758,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Barclays PLC grew its position in Air Transport Services Group by 247.7% during the third quarter. Barclays PLC now owns 72,934 shares of the transportation company’s stock worth $1,180,000 after buying an additional 51,955 shares in the last quarter. Cetera Trust Company N.A lifted its position in shares of Air Transport Services Group by 6.6% in the 4th quarter. Cetera Trust Company N.A now owns 11,635 shares of the transportation company’s stock worth $256,000 after acquiring an additional 725 shares during the period. SG Americas Securities LLC grew its holdings in shares of Air Transport Services Group by 27.1% during the 4th quarter. SG Americas Securities LLC now owns 16,863 shares of the transportation company’s stock worth $371,000 after purchasing an additional 3,597 shares in the last quarter. Independence Bank of Kentucky bought a new stake in shares of Air Transport Services Group during the fourth quarter valued at approximately $33,000. Finally, Entropy Technologies LP acquired a new position in shares of Air Transport Services Group in the fourth quarter valued at $286,000. Institutional investors and hedge funds own 91.81% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com initiated coverage on shares of Air Transport Services Group in a report on Wednesday, April 30th. They issued a “hold” rating on the stock. Four investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $20.60.

Air Transport Services Group Stock Performance

Shares of ATSG opened at $22.48 on Wednesday. The company has a current ratio of 0.81, a quick ratio of 0.68 and a debt-to-equity ratio of 1.06. The stock has a market cap of $1.48 billion, a PE ratio of -561.86 and a beta of 0.89. Air Transport Services Group, Inc. has a 1 year low of $11.69 and a 1 year high of $22.49. The stock has a 50 day simple moving average of $22.41 and a 200-day simple moving average of $21.83.

Air Transport Services Group (NASDAQ:ATSG) last released its quarterly earnings data on Monday, March 3rd. The transportation company reported $0.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.35 by $0.05. The firm had revenue of $1.96 billion during the quarter, compared to analyst estimates of $521.36 million. Air Transport Services Group had a positive return on equity of 3.12% and a negative net margin of 0.12%. On average, sell-side analysts predict that Air Transport Services Group, Inc. will post 0.83 EPS for the current fiscal year.

Air Transport Services Group Profile

Air Transport Services Group, Inc, together with its subsidiaries, provides aircraft leasing, and air cargo transportation and related services in the United States and internationally. It operates in two segments, Cargo Aircraft Management Inc (CAM) and ACMI Services. The company offers aircraft, flight crews, aircraft hull and liability insurance, and aviation fuel services; and aircraft maintenance and modification services, including airframe modification and heavy maintenance, component repairs, engineering services, and aircraft line maintenance.