Are Analysts Bearish Delta Air Lines, Inc. (NYSE:DAL) After Last Week?

June 19, 2017 - By Marie Mckinney

 Are Analysts Bearish Delta Air Lines, Inc. (NYSE:DAL) After Last Week?
Investors sentiment decreased to 0.73 in Q4 2016. Its down 0.01, from 0.74 in 2016Q3. It dived, as 68 investors sold Delta Air Lines, Inc. shares while 333 reduced holdings. 106 funds opened positions while 185 raised stakes. 621.67 million shares or 4.90% more from 592.62 million shares in 2016Q3 were reported.
4,435 are held by Balasa Dinverno And Foltz Ltd Limited Liability Company. Numeric Investors Ltd Liability Co owns 864,400 shares. Norinchukin Bancshares The owns 81,978 shares. Livforsakringsbolaget Skandia Omsesidigt, Sweden-based fund reported 113,015 shares. Adirondack has invested 0.01% in Delta Air Lines, Inc. (NYSE:DAL). Texas Permanent School Fund stated it has 220,593 shares. 860 are held by Smithfield Tru. Bremer Tru National Association reported 48,018 shares. Gsa Llp has 5,466 shares. Hudock Grp Ltd Co holds 2,153 shares or 0.06% of its portfolio. Burney invested in 0.08% or 23,641 shares. Masters Mngmt Ltd Llc owns 1.00 million shares for 1.08% of their portfolio. Pennsylvania-based First Commonwealth Fincl Corp Pa has invested 0.88% in Delta Air Lines, Inc. (NYSE:DAL). Regent Inv Management invested 0.36% in Delta Air Lines, Inc. (NYSE:DAL). First Citizens Bancorp Tru, North Carolina-based fund reported 165,625 shares.

Since December 21, 2016, it had 1 insider purchase, and 7 insider sales for $7.95 million activity. Jacobson Paul A sold $1.01 million worth of stock or 20,100 shares. On Wednesday, February 15 HAUENSTEIN GLEN W sold $2.22M worth of Delta Air Lines, Inc. (NYSE:DAL) or 43,717 shares. On Wednesday, December 21 the insider Bastian Edward H sold $5.23 million. Ralph Douglas R bought $49,036 worth of stock or 1,000 shares. 10,000 shares were sold by West W Gilbert, worth $492,000.

Delta Air Lines, Inc. (NYSE:DAL) Ratings Coverage

Among 16 analysts covering Delta Air Lines (NYSE:DAL), 15 have Buy rating, 0 Sell and 1 Hold. Therefore 94% are positive. Delta Air Lines had 39 analyst reports since August 3, 2015 according to SRatingsIntel. The firm earned “Outperform” rating on Wednesday, July 6 by Cowen & Co. The firm earned “Outperform” rating on Friday, December 18 by Cowen & Co. The firm has “Buy” rating by Deutsche Bank given on Monday, December 5. As per Thursday, May 25, the company rating was maintained by Stifel Nicolaus. The firm has “Buy” rating by Argus Research given on Wednesday, October 21. The rating was downgraded by Deutsche Bank on Friday, April 1 to “Hold”. As per Thursday, February 4, the company rating was maintained by JP Morgan. The company was initiated on Wednesday, August 24 by Imperial Capital. The stock of Delta Air Lines, Inc. (NYSE:DAL) has “In-Line” rating given on Tuesday, November 22 by Imperial Capital. Deutsche Bank maintained the stock with “Buy” rating in Monday, October 5 report. Below is a list of Delta Air Lines, Inc. (NYSE:DAL) latest ratings and price target changes.

29/05/2017 Broker: Stifel Nicolaus Rating: Buy Maintain
25/05/2017 Broker: Stifel Nicolaus Rating: Buy New Target: $75.0000 Maintain
15/05/2017 Broker: Citigroup Rating: Buy Old Target: $63.00 New Target: $65.00 Target Up
19/04/2017 Broker: Deutsche Bank Rating: Buy Old Target: $56.00 New Target: $58.00 Target Up
11/04/2017 Broker: Cowen & Co Rating: Outperform Old Target: $60.00 New Target: $58.00 Target Down
07/04/2017 Broker: Evercore Rating: Outperform Maintain
16/03/2017 Broker: Evercore Old Rating: In-Line New Rating: Outperform Upgrade
06/02/2017 Broker: Bernstein Old Rating: Mkt Perform New Rating: Outperform Upgrade
13/01/2017 Broker: Cowen & Co Rating: Outperform Old Target: $57 New Target: $60 Maintain

About 1.24 million shares traded. Delta Air Lines, Inc. (NYSE:DAL) has risen 11.83% since June 19, 2016 and is uptrending. It has underperformed by 4.87% the S&P500.

Delta Air Lines, Inc. provides scheduled air transportation for passengers and cargo throughout the United States and across the world. The company has market cap of $38.96 billion. The Company’s divisions include Airline and Refinery. It has a 9.74 P/E ratio. The Company’s route network is centered around a system of hub, international gateway and airports that the Company operates in Amsterdam, Atlanta, Boston, Detroit, London-Heathrow, Los Angeles, Minneapolis-St.

More notable recent Delta Air Lines, Inc. (NYSE:DAL) news were published by: Seekingalpha.com which released: “Delta Air Lines, Inc.: Dividend Stock Analysis” on June 08, 2017, also Fool.com with their article: “Better Buy: Delta Air Lines, Inc. vs. Spirit Airlines” published on May 31, 2017, Bizjournals.com published: “​Delta tests facial recognition in Atlanta, New York to aid US Customs and …” on June 13, 2017. More interesting news about Delta Air Lines, Inc. (NYSE:DAL) were released by: Seekingalpha.com and their article: “Delta Air Lines Has Upside Potential” published on May 20, 2017 as well as Nasdaq.com‘s news article titled: “Delta Air Lines (DAL): Strong Industry, Solid Earnings Estimate Revisions” with publication date: June 14, 2017.

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