California State Teachers Retirement System Sells 7,082 Shares of Atlas Air Worldwide Holdings (AAWW)

California State Teachers Retirement System trimmed its stake in Atlas Air Worldwide Holdings (NASDAQ:AAWW) by 14.7% during the second quarter, according to its most recent disclosure with the SEC. The fund owned 41,249 shares of the transportation company’s stock after selling 7,082 shares during the quarter. California State Teachers Retirement System owned approximately 0.16% of Atlas Air Worldwide Holdings worth $2,151,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. State Street Corp raised its stake in shares of Atlas Air Worldwide Holdings by 2.4% during the second quarter. State Street Corp now owns 631,594 shares of the transportation company’s stock valued at $32,939,000 after purchasing an additional 14,920 shares in the last quarter. Intrinsic Edge Capital Management LLC raised its stake in shares of Atlas Air Worldwide Holdings by 171.4% during the second quarter. Intrinsic Edge Capital Management LLC now owns 66,208 shares of the transportation company’s stock valued at $3,453,000 after purchasing an additional 41,809 shares in the last quarter. Lonestar Capital Management LLC bought a new stake in shares of Atlas Air Worldwide Holdings during the second quarter valued at about $6,258,000. UBS Oconnor LLC bought a new stake in shares of Atlas Air Worldwide Holdings during the second quarter valued at about $1,699,000. Finally, Voya Investment Management LLC raised its stake in shares of Atlas Air Worldwide Holdings by 20.0% during the second quarter. Voya Investment Management LLC now owns 463,317 shares of the transportation company’s stock valued at $24,163,000 after purchasing an additional 77,155 shares in the last quarter. Institutional investors own 96.40% of the company’s stock.



Shares of Atlas Air Worldwide Holdings (NASDAQ AAWW) opened at $53.75 on Tuesday. The company has a debt-to-equity ratio of 1.21, a current ratio of 0.66 and a quick ratio of 0.66. Atlas Air Worldwide Holdings has a 1 year low of $45.45 and a 1 year high of $68.70. The company has a market cap of $1,360.00, a PE ratio of 11.41 and a beta of 1.45.

Atlas Air Worldwide Holdings (NASDAQ:AAWW) last issued its quarterly earnings results on Tuesday, November 7th. The transportation company reported $1.08 EPS for the quarter, missing the consensus estimate of $1.13 by ($0.05). Atlas Air Worldwide Holdings had a return on equity of 8.14% and a net margin of 2.06%. The business had revenue of $535.70 million during the quarter, compared to the consensus estimate of $521.29 million. During the same quarter last year, the firm posted $1.09 earnings per share. Atlas Air Worldwide Holdings’s revenue was up 19.6% compared to the same quarter last year. equities analysts anticipate that Atlas Air Worldwide Holdings will post 4.64 EPS for the current year.

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A number of brokerages recently weighed in on AAWW. ValuEngine cut shares of Atlas Air Worldwide Holdings from a “strong-buy” rating to a “buy” rating in a research note on Tuesday. Zacks Investment Research cut shares of Atlas Air Worldwide Holdings from a “hold” rating to a “sell” rating in a research note on Thursday, November 9th. Stifel Nicolaus upgraded shares of Atlas Air Worldwide Holdings from a “hold” rating to a “buy” rating and set a $69.00 price objective on the stock in a research note on Tuesday, November 7th. Cowen and Company restated a “hold” rating on shares of Atlas Air Worldwide Holdings in a research note on Thursday, October 12th. Finally, Susquehanna Bancshares Inc began coverage on shares of Atlas Air Worldwide Holdings in a research note on Thursday, August 17th. They set a “positive” rating and a $72.00 price objective on the stock. Two analysts have rated the stock with a sell rating, one has assigned a hold rating and five have given a buy rating to the stock. Atlas Air Worldwide Holdings presently has a consensus rating of “Hold” and an average target price of $70.00.

In other Atlas Air Worldwide Holdings news, EVP Adam Richard Kokas sold 5,000 shares of the business’s stock in a transaction dated Wednesday, August 30th. The shares were sold at an average price of $65.90, for a total value of $329,500.00. Following the sale, the executive vice president now directly owns 25,418 shares in the company, valued at $1,675,046.20. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Over the last quarter, insiders sold 40,000 shares of company stock worth $2,599,150. 2.50% of the stock is owned by company insiders.

About Atlas Air Worldwide Holdings

Atlas Air Worldwide Holdings, Inc is a holding company. The Company provides outsourced aircraft and aviation operating services throughout the world, serving Africa, Asia, Australia, Europe, the Middle East, North America and South America through contractual service arrangements, including those through which it provides aircraft to customers and value-added services, including crew, maintenance and insurance (ACMI), as well as those through which it provides crew, maintenance and insurance, but not the aircraft (CMI); cargo and passenger charter services (Charter), and dry leasing aircraft and engines (Dry Leasing).

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

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