1 day Ago By ABMN Staff
Norges Bank purchased a new stake in shares of Air Transport Services Group, Inc. ( NASDAQ:ATSG – Free Report ) during the 4th quarter, HoldingsChannel.com reports.
The institutional investor purchased 13,066 shares of the transportation company’s stock, valued at approximately $287,000. A number of other hedge funds have also recently modified their holdings of the company. Independence Bank of Kentucky purchased a new position in Air Transport Services Group during the fourth quarter worth about $33,000.
AlphaQuest LLC increased its holdings in shares of Air Transport Services Group by 89.8% during the 4th quarter. AlphaQuest LLC now owns 2,634 shares of the transportation company’s stock worth $58,000 after buying an additional 1,246 shares during the last quarter.
KLP Kapitalforvaltning AS purchased a new stake in shares of Air Transport Services Group during the 4th quarter valued at approximately $99,000. Skandinaviska Enskilda Banken AB publ acquired a new position in Air Transport Services Group in the fourth quarter valued at approximately $204,000. Finally, Peoples Bank OH acquired a new position in Air Transport Services Group in the fourth quarter valued at approximately $216,000.
Hedge funds and other institutional investors own 91.81% of the company’s stock. Air Transport Services Group Price Performance Air Transport Services Group stock opened at $22.
48 on Friday. The company’s 50 day simple moving average is $22.34 and its 200-day simple moving average is $21.
02. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.
68 and a current ratio of 0.81. Air Transport Services Group, Inc.
has a 1 year low of $11.69 and a 1 year high of $22.49.
The company has a market capitalization of $1.48 billion, a price-to-earnings ratio of -561.86 and a beta of 0.
89. Analysts Set New Price Targets Separately, StockNews.com began coverage on Air Transport Services Group in a research report on Sunday, April 6th.
They issued a “hold” rating on the stock. Four equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat.
com, the company currently has a consensus rating of “Hold” and an average target price of $20.60. View Our Latest Report on ATSG Air Transport Services Group 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 Want to see what other hedge funds are holding ATSG? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Air Transport Services Group, Inc. ( NASDAQ:ATSG – Free Report ). 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.
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