In other Delta Air Lines news, EVP Peter W. Carter sold 19,809 shares of the company's stock in a transaction that occurred on Tuesday, November 21st. The transportation company reported $1.64 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.66 by $0.02. Friess Associates Llc who had been investing in Silicon Motion Technology Corp for a number of months, seems to be less bullish one the $1.72 billion market cap company. Alyeska Investment Group L.P. now owns 4,003,366 shares of the transportation company's stock valued at $193,042,000 after acquiring an additional 1,055,182 shares during the last quarter. About 3.89M shares traded or 25.37% up from the average. Ibm Retirement Fund invested 0.17% of its portfolio in Delta Air Lines, Inc. Independent Advisor Alliance now owns 8,254 shares of the transportation company's stock worth $372,000 after buying an additional 64 shares in the last quarter. The firm has "Outperform" rating given on Friday, December 18 by Cowen & Co. Brean Capital maintained it with "Buy" rating and $45 target in Wednesday, March 23 report. Finally, Morgan Stanley reissued an "overweight" rating on shares of Delta Air Lines in a research report on Tuesday, September 12th. (NYSE:UPS) earned "Buy" rating by Zacks on Friday, August 14. Nomura downgraded Silicon Motion Technology Corporation (NASDAQ:SIMO) on Friday, January 20 to "Neutral" rating. It also reduced its holding in Nextera Energy Inc (NYSE:NEE) by 9,100 shares in the quarter, leaving it with 291,650 shares, and cut its stake in Cf Inds Hldgs Inc (NYSE:CF).
Several equities research analysts recently weighed in on the stock. They expect $0.48 earnings per share, down 39.24% or $0.31 from last year's $0.79 per share. After $0.49 actual earnings per share reported by Silicon Motion Technology Corporation for the previous quarter, Wall Street now forecasts -2.04% negative EPS growth.
Since October 12, 2017, it had 1 insider purchase, and 10 sales for $23.75 million activity. The shares were sold at an average price of $56.50, for a total value of $50,511.00. Independent Advisor Alliance raised its position in shares of Delta Air Lines by 0.8% in the first quarter. Another trade for 49,362 shares valued at $2.97M was made by Jacobson Paul A on Tuesday, January 16. HAUENSTEIN GLEN W sold $1.76 million worth of stock or 31,600 shares. Two research analysts have rated the stock with a sell rating, one has assigned a hold rating, sixteen have assigned a buy rating and one has issued a strong buy rating to the company's stock. Therefore 36% are positive. Imperial Capital reaffirmed an in-line rating and issued a $52.00 price target on shares of Delta Air Lines in a report on Friday, May 19th. The rating was maintained by Topeka Capital Markets with "Hold" on Wednesday, October 7. As per Monday, September 11, the company rating was maintained by BMO Capital Markets. The firm has "Buy" rating given on Wednesday, August 17 by Canaccord Genuity. As per Tuesday, August 29, the company rating was maintained by Jefferies. The company presently has a consensus rating of "Buy" and an average target price of $65.53. The stock of United Parcel Service, Inc. $8.45M worth of stock was sold by Bastian Edward H on Thursday, October 12. RBC Capital Markets maintained it with "Hold" rating and $88.0 target in Thursday, September 28 report. The firm earned "Buy" rating on Monday, January 8 by Stephens.
Traders Focused Stocks: United States Steel Corp. (X), Halliburton Company
HAL now trades at a forward P/E of 23.73, a P/B of 5.02, and a P/S of 2.47 while SRNE trades at a P/B of 3.76, and a P/S of 3.54. Canaccord Genuity maintained Smith & Nephew plc (NYSE:SNN) rating on Thursday, January 4. (NYSE:TXT) rating on Monday, July 17.
Investors sentiment increased to 1.15 in 2017 Q3. Its down 0.40, from 1.41 in 2017Q2. Accern also gave news articles about the transportation company an impact score of 46.3961245858782 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the near term. Banced Corp raised its position in shares of Delta Air Lines by 1.2% in the second quarter. 451.38 million shares or 0.77% more from 447.95 million shares in 2017Q2 were reported. Veritable LP reported 22,490 shares stake. Tradition Capital Management Ltd Limited Liability Company, New Jersey-based fund reported 4,825 shares. Moors & Cabot Inc. now owns 5,880 shares of the transportation company's stock valued at $316,000 after buying an additional 302 shares during the last quarter. Peak6 Investments Lp holds 0.08% of its portfolio in Delta Air Lines, Inc. Carmignac Gestion now owns 3,936,189 shares of the transportation company's stock valued at $211,531,000 after acquiring an additional 12,800 shares during the last quarter.
Delta Air Lines, Inc provides scheduled air transportation for passengers and cargo throughout the United States and across the world. (NYSE:DAL). National Asset Mngmt owns 7,396 shares.