1 day Ago By Defense World Staff
Norges Bank purchased a new stake in Air Transport Services Group, Inc. ( NASDAQ:ATSG – Free Report ) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 13,066 shares of the transportation company’s stock, valued at approximately $287,000.
Other large investors also recently bought and sold shares of the company. Independence Bank of Kentucky acquired a new stake in Air Transport Services Group in the fourth quarter valued at approximately $33,000. AlphaQuest LLC grew its stake in Air Transport Services Group by 89.
8% in the 4th quarter. AlphaQuest LLC now owns 2,634 shares of the transportation company’s stock valued at $58,000 after acquiring an additional 1,246 shares during the period. KLP Kapitalforvaltning AS acquired a new stake in Air Transport Services Group in the 4th quarter valued at $99,000.
Skandinaviska Enskilda Banken AB publ purchased a new stake in Air Transport Services Group in the 4th quarter worth $204,000. Finally, Peoples Bank OH acquired a new position in Air Transport Services Group during the fourth quarter worth $216,000. Institutional investors and hedge funds own 91.
81% of the company’s stock. Wall Street Analyst Weigh In Separately, StockNews.com started coverage on shares of Air Transport Services Group in a research report on Sunday, April 6th.
They issued a “hold” rating on the stock. Four research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $20.
60. Air Transport Services Group Stock Performance Shares of ATSG stock opened at $22.48 on Friday.
Air Transport Services Group, Inc. has a fifty-two week low of $11.69 and a fifty-two week high of $22.
49. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.
68 and a current ratio of 0.81. The stock’s fifty day moving average is $22.
34 and its two-hundred day moving average is $21.02. The firm has a market capitalization of $1.
48 billion, a P/E ratio of -561.86 and a beta of 0.89.
Air Transport Services Group ( NASDAQ:ATSG – Get Free Report ) last posted its quarterly earnings results on Monday, March 3rd. The transportation company reported $0.40 earnings per share for the quarter, topping the consensus estimate of $0.
35 by $0.05. The firm had revenue of $1.
96 billion for the quarter, compared to the consensus estimate of $521.36 million. Air Transport Services Group had a negative net margin of 0.
12% and a positive return on equity of 3.12%. Research analysts expect that Air Transport Services Group, Inc.
will post 0.83 earnings per share for the current fiscal year. Air Transport Services Group Company Profile ( Free Report ) Air Transport Services Group, Inc, together with its subsidiaries, provides aircraft leasing, and air cargo transportation and related services in the United States and internationally.
It operates in two segments, Cargo Aircraft Management Inc (CAM) and ACMI Services. The company offers aircraft, flight crews, aircraft hull and liability insurance, and aviation fuel services; and aircraft maintenance and modification services, including airframe modification and heavy maintenance, component repairs, engineering services, and aircraft line maintenance. Read More Five stocks we like better than Air Transport Services Group Retail Stocks Investing, Explained Robinhood Strategies Could Be a Game-Changer for Young Investors Growth Investing: Should You Adopt This Investing Strategy in 2022? Are These 3 Retail Stocks Oversold or Really in Trouble? How to Use the MarketBeat Excel Dividend Calculator IONQ & RGTI Join DARPA Quantum Initiative: High Stakes Are Ahead Receive News & Ratings for Air Transport Services Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Air Transport Services Group and related companies with MarketBeat.
com's FREE daily email newsletter ..
