It is negative, as 54 investors sold DAL shares while 267 reduced holdings. 104 funds bought stakes and 251 increased stakes. The transportation company reported $0.96 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.88 by $0.08. Below is a brief commentary on my key takeaways on how market analysts view Delta Air Lines's earnings growth trajectory over the next few years and whether the future looks brighter.
Delta Air Lines (NYSE:DAL) last posted its quarterly earnings results on Thursday, January 11th. This means, we can presume Delta Air Lines will grow its earnings by 10.52% every year for the next few years. Delta Air Lines has a one year low of $32.60 and a one year high of $52.76. (NYSE:DAL). Cypress Asset Management Incorporated Tx reported 0.19% stake. (NYSE:DAL). Burney holds 0.08% or 25,035 shs in its capital. Delta Air Lines's payout ratio is 24.75%. (NYSE:DAL). Moors And Cabot owns 7,056 shares or 0.05% of their United States portfolio. (NYSE:DAL). The stock now provides a dividend yield of 2.37% for the Services company. Lowe Brockenbrough & stated it has 0.97% of its portfolio in Delta Air Lines, Inc. Investors holded 589.14 million in 2017Q3 but now own 583.95 million shares or 0.88% less. California Public Employees Retirement System now owns 1,578,641 shares of the transportation company's stock worth $76,122,000 after purchasing an additional 29,941 shares during the last quarter.
Nwq Investment Management Company Llc, which manages about $13.77 billion and $7.70 billion US Long portfolio, decreased its stake in Stoneridge Inc (NYSE:SRI) by 353,786 shares to 1.68M shares, valued at $38.48 million in 2017Q4, according to the filing.
Since October 12, 2017, it had 1 buy, and 9 sales for $15.51 million activity. On Tuesday, January 16 Jacobson Paul A sold $2.97 million worth of Delta Air Lines, Inc. It is calculated by dividing the current closing price of the stock by the latest quarter's book value per share. Stifel Nicolaus increased their price objective on Delta Air Lines from $90.00 to $100.00 and gave the stock a buy rating in a research report on Thursday, April 5th. Also, COO W Gilbert West sold 9,000 shares of the firm's stock in a transaction that occurred on Friday, February 2nd.
Based on a recent bid, this stock (DAL) was trading at a distance of -5.78% from 20 days simple moving average, and its distance from 50 days simple moving average is -4.83% while it has a distance of -1.85% from the 200 days simple moving average. 159,240 Delta Air Lines, Inc. The shares were sold at an average price of $56.06, for a total value of $504,540.00.
Analysts surveyed by Thomson Reuters are predicting, DAL to report 1Q18 income of $ 0.73 per share from revenue of $ 9.84 billion. As a company's earnings per share being to rise, so does their market value per share. Paragon Associates & Paragon Associates Ii Joint Venture who had been investing in Delta Air Lines Inc Del for a number of months, seems to be bullish on the $37.32B market cap company. This represents a $1.22 dividend on an annualized basis and a yield of 2.37%. About 6.29 million shares traded. Clearbridge Invs Limited Liability Co has invested 0.21% in Sysco Corporation (NYSE:SYY). The stock outperformed the S&P500 by 6.15%. Delta Airlines had 17 analyst reports since October 23, 2017 according to SRatingsIntel. On Wednesday, November 1 the company was maintained by JP Morgan. (NYSE:DAL) earned "Overweight" rating by Morgan Stanley. (NYSE:DAL) was sold by Sear Steven M on Monday, December 18. (NYSE:DAL) earned "Buy" rating by Stifel Nicolaus on Wednesday, January 10. On Friday, January 12 the firm has "Buy" rating by Imperial Capital given. ValuEngine cut Delta Air Lines from a "strong-buy" rating to a "buy" rating in a report on Monday, April 2nd. In Thursday, December 14 report Raymond James maintained the stock with "Buy" rating.