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Delta Air Lines Inc (DAL) Investment Increased by Sound Shore Management Inc

14 November 2017

Insiders have sold a total of 200,001 shares of company stock worth $10,630,333 over the last three months.

Delta Air Lines, Inc provides scheduled air transportation for passengers and cargo throughout the United States and across the world.

The SMA20 for the stock is at -4.99 percent, SMA50 stands at -2.29 percent, while SMA200 is -1.17 Percent, according to Finviz reported data. Delta Air Lines's payout ratio is 13.11%. (NYSE:DAL) has risen 11.83% since November 13, 2016 and is uptrending. It has underperformed by 16.70% the S&P500.

Alcoa Corporation, formerly Alcoa Upstream Corporation, is engaged in the production of bauxite, alumina and aluminum of various cast and rolled products. The P/E ratio is now 9.73 and the market cap of the company is 34.59B. The Firm is engaged in the sale of medical equipment, and consumables and accessories. The company has a quick ratio of 0.36, a current ratio of 0.43 and a debt-to-equity ratio of 0.54. The Company's segments include Airline and Refinery. (NYSE:DAL). Argent Tru Co has invested 0.4% in Delta Air Lines, Inc. Therefore 0 are positive.

From another technical standpoint, Delta Air Lines, Inc.

Delta Air Lines (NYSE:DAL) last released its earnings results on Thursday, October 13th. As per Monday, May 29, the company rating was maintained by Stifel Nicolaus. Delta Air Lines now has an average rating of "Buy" and an average target price of $63.39. The 20-day Stochastic %k measure, which sits at 5.27%, tells a different story, and suggests that DAL now trades in oversold territory. The company was maintained on Friday, September 22 by Stifel Nicolaus.

The Altman Z-score is the output of a credit-strength test that gauges a publicly traded manufacturing company's likelihood of bankruptcy. (NYSE: DAL) stock is found to be 1.66% volatile for the week, while 2.01% volatility is recorded for the month. The firm has "Hold" rating by SunTrust given on Friday, January 20. Metropolitan Life Insur New York reported 51,027 shares or 0% of all its holdings.

The company now has an insider ownership of 0.2 Percent and Institutional ownership of 91.2 Percent. Michael Kors Hldgs Ltd (NYSE:KORS) was reduced too.

Since May 22, 2017, it had 0 buys, and 2 sales for $2.53 million activity. In terms of relative volume, these shares are trading at 1.44x their normal volume.

Procter & Gamble Company (PG) Ownership Decreased by Amf Pensionsforsakring Ab
Feltz Wealth PLAN Inc. acquired a new position in Procter & Gamble Company (The) in the first quarter valued at about $184,000. It improved, as 63 investors sold PG shares while 714 reduced holdings. 112 funds opened positions while 620 raised stakes.

Investors sentiment decreased to 0.98 in 2017 Q2. This represents a $1.22 dividend on an annualized basis and a yield of 2.50%.

Want to see what other hedge funds are holding DAL? 90 funds opened positions while 249 raised stakes. Reilly Advsr Lc accumulated 609 shares or 0.01% of the stock. Canada Pension Plan Invest Board has 443,203 shares for 0.05% of their portfolio. Bastian Edward H sold $1.21M worth of Delta Air Lines, Inc.

The company is trading down from yesterday's close of 48.89. 25,000 Delta Air Lines, Inc. (NYSE:DAL). Farmers Merchants Invests accumulated 2,386 shares.

Cypress Capital Management Llc Wy decreased Enviva Partners Lp stake by 475 shares to 4,720 valued at $129.80 million in 2017Q2. Moreover, Oakbrook Invests Ltd Co has 0.25% invested in Delta Air Lines, Inc.

ILLEGAL ACTIVITY WARNING: "Candriam Luxembourg S.C.A. Sells 176,754 Shares of Delta Air Lines, Inc". (NYSE:DAL) is 9.

Delta Air Lines, Inc.'s average Book Value per Share Growth Rate was 15.6 percent during the past 12 months. (NYSE:DAL). Highvista Strategies Ltd Llc has 0.07% invested in Delta Air Lines, Inc.

A number of brokerages have recently commented on DAL. Ontario Teachers Pension Plan Board stated it has 0.33% in Delta Air Lines, Inc. Evercore downgraded Delta Air Lines, Inc. The Stock has YTD (year to date) performance of -0.61 percent. Moors And Cabot reported 5,880 shares. Lucus Advisors LLC purchased a new stake in Delta Air Lines in the first quarter valued at approximately $407,000. The Mean Recommendation is the average rating on a stock by the analyst community. The lowest target is $11.0 while the high is $42.0. If a stock does not have good liquidity then it may take some time before a broker is able to negotiate a deal to buy or sell a stock and the broker may not be able to get the sell or buy price that the trader is looking for. AA was included in 11 notes of analysts from September 9, 2016. The ex-dividend date of this dividend is Thursday, November 16th. In a note revealed to investors and clients on Wednesday, 1 November, JP Morgan reconfirmed their Overweight rating on shares of DAL. (NYSE:DAL) earned "Buy" rating by Deutsche Bank on Monday, December 5.

The stock decreased 0.61% or $0.3 on November 10, reaching $48.89. (DAL) now trades with a market capitalization of $35.05 Billion. The rating was initiated by Rodman & Renshaw with "Buy" on Tuesday, June 28. They expect $1.62 EPS, up 9.46% or $0.14 from last year's $1.48 per share. PEI's profit will be $34.95M for 5.36 P/E if the $0.50 EPS becomes a reality. During the same period last year, the firm posted $1.70 EPS. equities research analysts anticipate that Delta Air Lines will post 5.01 earnings per share for the current year. Jane Street Gru Ltd Com holds 0.09% or 491,596 shares. Moreover, Covington Capital Management has 0.02% invested in the company for 8,626 shares.

Overbrook Management Corp holds 7.41% of its portfolio in Ryman Hospitality Properties, Inc.