Alaska Air Group INC (ALK) Holder Caxton Associates LP Boosted Position

April 25, 2018 - By Marry Poplack

Investors sentiment decreased to 0.99 in 2017 Q4. Its down 0.35, from 1.34 in 2017Q3. It is negative, as 68 investors sold ALK shares while 156 reduced holdings. 80 funds opened positions while 142 raised stakes. 102.14 million shares or 2.96% less from 105.25 million shares in 2017Q3 were reported. Suntrust Banks stated it has 0.01% of its portfolio in Alaska Air Group, Inc. (NYSE:ALK). 243,260 were reported by South Dakota Inv Council. Farmers Merchants Investments owns 66 shares. Mitchell Mcleod Pugh Williams Inc owns 3,000 shares or 0.15% of their US portfolio. Mu Com Limited holds 0.02% or 380 shares. New York-based New York State Common Retirement Fund has invested 0.03% in Alaska Air Group, Inc. (NYSE:ALK). Moreover, Keybank Association Oh has 0% invested in Alaska Air Group, Inc. (NYSE:ALK) for 11,159 shares. Ubs Asset Mngmt Americas Incorporated owns 0% invested in Alaska Air Group, Inc. (NYSE:ALK) for 48,742 shares. Art Advsrs Lc, a New York-based fund reported 12,200 shares. Alabama-based Weiss Multi has invested 0.03% in Alaska Air Group, Inc. (NYSE:ALK). Hightower Advsrs Ltd Liability Co owns 34,889 shares. Moreover, Tocqueville Asset Mgmt Ltd Partnership has 0% invested in Alaska Air Group, Inc. (NYSE:ALK) for 5,720 shares. Peddock Capital Advsr Limited Liability Com reported 3,339 shares or 0.12% of all its holdings. Atlantic Tru Gp reported 62 shares or 0% of all its holdings. 16,625 were accumulated by Los Angeles Management And Equity Rech.

Since February 16, 2018, it had 0 insider buys, and 5 insider sales for $989,848 activity. Another trade for 7,880 shares valued at $511,780 was sold by BECK GARY L. $152,474 worth of stock was sold by HARRISON ANDREW R on Thursday, March 8. 789 shares valued at $52,020 were sold by BERRY CHRISTOPHER MICHAEL on Wednesday, February 21. PEDERSEN BRANDON sold $175,879 worth of stock.

Bruce Kovner increased its stake in Alaska Air Group Inc (ALK) by 739.23% based on its latest 2017Q4 regulatory filing with the SEC. Caxton Associates Lp bought 469,411 shares as the company’s stock declined 17.22% with the market. The hedge fund run by Bruce Kovner held 532,911 shares of the transportation company at the end of 2017Q4, valued at $39.17M, up from 63,500 at the end of the previous reported quarter. Caxton Associates Lp who had been investing in Alaska Air Group Inc for a number of months, seems to be bullish on the $8.10 billion market cap company. The stock increased 0.57% or $0.37 during the last trading session, reaching $65.63. About 1.12 million shares traded. Alaska Air Group, Inc. (NYSE:ALK) has declined 35.27% since April 25, 2017 and is downtrending. It has underperformed by 46.82% the S&P500.

Caxton Associates Lp, which manages about $10.75 billion and $2.03 billion US Long portfolio, decreased its stake in Micron Technology Inc (NASDAQ:MU) by 138,508 shares to 240,692 shares, valued at $9.90 million in 2017Q4, according to the filing. It also reduced its holding in Kraft Heinz Co (Call) by 45,000 shares in the quarter, leaving it with 450,000 shares, and cut its stake in Ishares Tr (EEM).

Alaska Air Group, Inc. (NYSE:ALK) Ratings Coverage

Among 14 analysts covering Alaska Air Group (NYSE:ALK), 7 have Buy rating, 2 Sell and 5 Hold. Therefore 50% are positive. Alaska Air Group had 34 analyst reports since October 26, 2017 according to SRatingsIntel. As per Friday, April 13, the company rating was maintained by Cowen & Co. The stock of Alaska Air Group, Inc. (NYSE:ALK) has “Neutral” rating given on Tuesday, April 24 by Citigroup. Morgan Stanley maintained Alaska Air Group, Inc. (NYSE:ALK) on Friday, January 26 with “Overweight” rating. JP Morgan downgraded the stock to “Neutral” rating in Wednesday, November 1 report. Raymond James upgraded Alaska Air Group, Inc. (NYSE:ALK) on Wednesday, November 15 to “Strong Buy” rating. On Tuesday, January 30 the stock rating was downgraded by JP Morgan to “Underweight”. Cowen & Co maintained the shares of ALK in report on Thursday, October 26 with “Buy” rating. The firm earned “Hold” rating on Wednesday, November 1 by J.P. Morgan. The company was maintained on Monday, April 16 by Citigroup. The firm has “Buy” rating given on Wednesday, January 10 by Stifel Nicolaus.

Alaska Air Group, Inc. (NYSE:ALK) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: