Delta Air Lines, Inc. (NYSE:DAL) Current Opinions and Recommendations

Mar 17, 2017, 01:17
Delta Air Lines, Inc. (NYSE:DAL) Current Opinions and Recommendations

Finally, Sanford C. Bernstein reaffirmed a "market perform" rating and issued a $57.00 price target (up from $44.00) on shares of Delta Air Lines in a report on Wednesday, December 21st. Johnson & Johnson had 41 analyst reports since August 7, 2015 according to SRatingsIntel.

Following trading activity for Delta Air Lines, Inc.(NYSE:DAL), we can see that the stock has moved onto today's list of most actives. (NYSE:DAL) traded with the volume of 6.93 Million in the previous trading session. The company earned $9.46 billion during the quarter, compared to analyst estimates of $9.40 billion.

On 2/15/2017 Glen W Hauenstein, President, sold 43,717 with an average share price of $50.82 per share and the total transaction amounting to $2,221,697.94. Delta Air Lines's dividend payout ratio is 14.04%. (NYSE:DAL) has risen 23.61% since August 8, 2016 and is uptrending. It has outperformed by 17.70% the S&P500. The firm has a market capitalization of $34.47 billion, a PE ratio of 8.18 and a beta of 0.75. It now has negative earnings. Readers should not consider this as a recommendation to buy or sell company stock.

Investors sentiment decreased to 0.73 in 2016 Q4. Its up 0.40, from 1.01 in 2016Q3.

Several hedge funds and other institutional investors have recently bought and sold shares of DAL. 106 funds opened positions while 185 raised stakes. Hsbc Hldg Public Ltd Liability Company accumulated 0.98% or 3.65 million shares. Illinois-based Group One Trading Limited Partnership has invested 0.05% in LendingClub Corp (NYSE:LC). Fukoku Mutual Life Ins Communication reported 11,150 shares. Tocqueville Asset Management L P holds 0% or 30,031 shares in its portfolio. First Manhattan has invested 0% in LendingClub Corp (NYSE:LC). Cognios Cap Ltd Liability has 2,720 shares. Bnp Paribas Arbitrage Sa owns 497,579 shares or 0.11% of their U.S. portfolio. Cowen and Company reiterated an "outperform" rating and issued a $60.00 price objective on shares of Delta Air Lines in a research report on Monday, March 6th.

About 2.75 million shares traded.

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Some buy side analysts are also providing their Analysis on Delta Air Lines, Inc., where 8 analysts have rated the stock as Strong buy, 6 analysts have given a Buy signal, 2 said it's a HOLD, 0 reported it as Underperform and 0 analysts rated the stock as Sell. Therefore 87% are positive. According to these analysts, the Low Revenue Estimate for Delta Air Lines, Inc.is 9.11 Billion and the High Revenue Estimate is 9.36 Billion. The firm has "Buy" rating given on Wednesday, January 13 by Argus Research.

3/16/2017-Evercore ISI Upgrade from a "Outperform" rating to a " rating.

On 2/3/2016 Delta Air Lines announced a quarterly dividend of $0.14 1.23% with an ex dividend date of 2/12/2016 which will be payable on 3/9/2016.

In related news, CFO Paul A. Jacobson sold 20,000 shares of the firm's stock in a transaction dated Wednesday, February 1st. Imperial Capital reissued an in-line rating and issued a $52.00 price target on shares of Delta Air Lines in a research note on Wednesday, February 1st. The company's revenue for the quarter was down.5% on a year-over-year basis. For shareholders, given the total diluted outstanding shares of 737 million, this means overall earnings per share of 0.84. FTB Advisors Inc. now owns 3,106 shares of the company's stock worth $122,000 after buying an additional 214 shares during the period. This number is using a recommendation scale where the ratings range from a 1 to a 5.

Delta Air Lines, Inc provides scheduled air transportation for passengers and cargo throughout the United States and across the world. Following the completion of the transaction, the chief financial officer now owns 323,819 shares in the company, valued at approximately $15,323,115.08. Crow Point Partners LLC acquired a new stake in Delta Air Lines during the third quarter worth about $106,000. UBS maintained Johnson & Johnson (NYSE:JNJ) on Wednesday, October 19 with "Buy" rating. Sear Steven M had sold 4,671 shares worth $231,215.