Delta Air Lines INC (DAL) Market Value Declined While Bowling Portfolio Management LLC Has Decreased by $3.36 Million Its Position

April 17, 2018 - By Adrian Mccoy

Delta Air Lines, Inc. (NYSE:DAL) LogoInvestors sentiment decreased to 1.11 in 2017 Q4. Its down 0.04, from 1.15 in 2017Q3. It worsened, as 54 investors sold DAL shares while 267 reduced holdings. 104 funds opened positions while 251 raised stakes. 583.95 million shares or 0.88% less from 589.14 million shares in 2017Q3 were reported. Assetmark has invested 0% in Delta Air Lines, Inc. (NYSE:DAL). Old Second Bancorporation Of Aurora accumulated 500 shares or 0.01% of the stock. Norinchukin Bancorporation The holds 63,677 shares or 0.06% of its portfolio. Central State Bank Tru stated it has 0.01% of its portfolio in Delta Air Lines, Inc. (NYSE:DAL). Essex Fincl has invested 0.12% in Delta Air Lines, Inc. (NYSE:DAL). Mutual Of America Cap Mgmt Limited Co reported 169,696 shares. Kornitzer Capital Mgmt Ks accumulated 54,825 shares. Ibm Retirement Fund owns 16,404 shares. Nordea Inv Mngmt Ab owns 0.21% invested in Delta Air Lines, Inc. (NYSE:DAL) for 1.62 million shares. Nadler Financial Gp invested in 0.06% or 3,604 shares. Moreover, Calamos Wealth Management Ltd has 1.01% invested in Delta Air Lines, Inc. (NYSE:DAL) for 139,060 shares. Stevens Cap Mngmt LP invested 0.26% in Delta Air Lines, Inc. (NYSE:DAL). 23,896 were reported by Amica Pension Fund Board Of Trustees. Westpac Corp invested in 134,522 shares. Massachusetts Fincl Serv Company Ma has invested 0.04% in Delta Air Lines, Inc. (NYSE:DAL).

Since December 15, 2017, it had 1 insider buy, and 9 selling transactions for $15.51 million activity. Jacobson Paul A sold $1.89M worth of stock. $1.43 million worth of stock was sold by Smith Joanne D on Tuesday, January 16. $1.76 million worth of Delta Air Lines, Inc. (NYSE:DAL) was sold by HAUENSTEIN GLEN W on Friday, December 15. $4.10 million worth of Delta Air Lines, Inc. (NYSE:DAL) was sold by Bastian Edward H. Sear Steven M also sold $604,333 worth of Delta Air Lines, Inc. (NYSE:DAL) shares. BLAKE FRANCIS S also bought $200,193 worth of Delta Air Lines, Inc. (NYSE:DAL) on Friday, January 12.

Bowling Portfolio Management Llc decreased its stake in Delta Air Lines Inc (DAL) by 46.8% based on its latest 2017Q4 regulatory filing with the SEC. Bowling Portfolio Management Llc sold 61,084 shares as the company’s stock declined 3.16% with the market. The institutional investor held 69,434 shares of the transportation company at the end of 2017Q4, valued at $3.89M, down from 130,518 at the end of the previous reported quarter. Bowling Portfolio Management Llc who had been investing in Delta Air Lines Inc for a number of months, seems to be less bullish one the $37.93B market cap company. The stock decreased 0.09% or $0.05 during the last trading session, reaching $54.25. About 3.88M shares traded. Delta Air Lines, Inc. (NYSE:DAL) has risen 17.70% since April 17, 2017 and is uptrending. It has outperformed by 6.15% the S&P500.

Bowling Portfolio Management Llc, which manages about $492.89M and $752.40M US Long portfolio, upped its stake in Ford Mtr Co Del (NYSE:F) by 321,183 shares to 335,405 shares, valued at $4.19M in 2017Q4, according to the filing. It also increased its holding in Pfizer Inc (NYSE:PFE) by 157,280 shares in the quarter, for a total of 205,235 shares, and has risen its stake in Kla (NASDAQ:KLAC).

Delta Air Lines, Inc. (NYSE:DAL) Ratings Coverage

Among 8 analysts covering Delta Airlines (NYSE:DAL), 8 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Delta Airlines had 18 analyst reports since October 23, 2017 according to SRatingsIntel. Stephens maintained the stock with “Buy” rating in Monday, January 8 report. Stephens maintained it with “Buy” rating and $7100 target in Thursday, March 29 report. The firm has “Buy” rating given on Wednesday, January 10 by Stifel Nicolaus. The stock of Delta Air Lines, Inc. (NYSE:DAL) has “Buy” rating given on Thursday, March 15 by Imperial Capital. The stock of Delta Air Lines, Inc. (NYSE:DAL) earned “Buy” rating by Cowen & Co on Monday, January 8. The firm has “Overweight” rating by Morgan Stanley given on Monday, November 13. Morgan Stanley maintained Delta Air Lines, Inc. (NYSE:DAL) rating on Thursday, April 12. Morgan Stanley has “Overweight” rating and $65 target. Raymond James maintained Delta Air Lines, Inc. (NYSE:DAL) rating on Thursday, December 14. Raymond James has “Buy” rating and $66.0 target. Stifel Nicolaus maintained the shares of DAL in report on Monday, October 23 with “Buy” rating. Stifel Nicolaus maintained Delta Air Lines, Inc. (NYSE:DAL) on Thursday, April 5 with “Buy” rating.

Delta Air Lines, Inc. (NYSE:DAL) Institutional Positions Chart

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