How Many Alaska Air Group, Inc. (NYSE:ALK)’s Analysts Are Bearish?

April 19, 2018 - By Michael Collier

Investors sentiment decreased to 0.99 in Q4 2017. Its down 0.35, from 1.34 in 2017Q3. It worsened, as 68 investors sold Alaska Air Group, Inc. shares while 156 reduced holdings. 80 funds opened positions while 142 raised stakes. 102.14 million shares or 2.96% less from 105.25 million shares in 2017Q3 were reported.
Columbia Asset Mngmt invested 0.09% of its portfolio in Alaska Air Group, Inc. (NYSE:ALK). Advisors Asset Mgmt Inc invested in 17,250 shares or 0.02% of the stock. First Interstate Bank owns 265 shares. Stephens Ar has 0.02% invested in Alaska Air Group, Inc. (NYSE:ALK) for 7,808 shares. U S Global Investors Inc reported 1.88% in Alaska Air Group, Inc. (NYSE:ALK). Gateway Investment Advisers Limited owns 117,702 shares for 0.07% of their portfolio. Us Bancorporation De reported 0% stake. Citadel Limited Liability holds 0.01% of its portfolio in Alaska Air Group, Inc. (NYSE:ALK) for 282,194 shares. Cibc Ww invested in 5,328 shares. Oregon Pub Employees Retirement Fund holds 0.02% in Alaska Air Group, Inc. (NYSE:ALK) or 13,170 shares. Bluemountain Capital Management Llc, New York-based fund reported 24,885 shares. Gvo Asset Mgmt Limited accumulated 210,550 shares. Thompson Siegel & Walmsley Llc holds 1.02% of its portfolio in Alaska Air Group, Inc. (NYSE:ALK) for 1.16 million shares. Allsquare Wealth Management Ltd owns 0.02% invested in Alaska Air Group, Inc. (NYSE:ALK) for 375 shares. 8,169 were accumulated by Bb&T Ltd Liability.

Since February 16, 2018, it had 0 insider buys, and 5 selling transactions for $989,848 activity. Another trade for 2,700 shares valued at $175,879 was made by PEDERSEN BRANDON on Friday, February 16. $97,695 worth of Alaska Air Group, Inc. (NYSE:ALK) was sold by LEVINE KYLE B. On Thursday, March 8 BECK GARY L sold $511,780 worth of Alaska Air Group, Inc. (NYSE:ALK) or 7,880 shares. $52,020 worth of Alaska Air Group, Inc. (NYSE:ALK) was sold by BERRY CHRISTOPHER MICHAEL.

Alaska Air Group, Inc. (NYSE:ALK) Ratings Coverage

Among 14 analysts covering Alaska Air (NYSE:ALK), 7 have Buy rating, 2 Sell and 5 Hold. Therefore 50% are positive. Alaska Air had 31 analyst reports since October 23, 2017 according to SRatingsIntel. The rating was maintained by Morgan Stanley on Monday, November 13 with “Overweight”. The rating was maintained by Imperial Capital on Tuesday, April 17 with “Hold”. The firm earned “Strong Buy” rating on Wednesday, November 15 by Raymond James. On Monday, October 23 the stock rating was maintained by Stifel Nicolaus with “Buy”. The rating was downgraded by J.P. Morgan to “Hold” on Wednesday, November 1. Cowen & Co maintained Alaska Air Group, Inc. (NYSE:ALK) on Friday, January 26 with “Buy” rating. The stock of Alaska Air Group, Inc. (NYSE:ALK) earned “Buy” rating by Cowen & Co on Monday, January 8. Buckingham Research maintained it with “Buy” rating and $91 target in Thursday, October 26 report. The rating was maintained by Stifel Nicolaus with “Buy” on Wednesday, January 10. Bank of America downgraded the shares of ALK in report on Tuesday, January 9 to “Hold” rating. Below is a list of Alaska Air Group, Inc. (NYSE:ALK) latest ratings and price target changes.

17/04/2018 Broker: Imperial Capital Rating: Hold New Target: $68.0000 Maintain
16/04/2018 Broker: Citigroup Old Rating: Neutral New Rating: Neutral Old Target: $69 New Target: $70 Maintain
13/04/2018 Broker: Cowen & Co Rating: Buy Maintain
12/04/2018 Broker: Morgan Stanley Old Rating: Overweight New Rating: Overweight Old Target: $77 New Target: $74 Maintain
23/02/2018 Broker: Morgan Stanley Old Rating: Overweight New Rating: Overweight Old Target: $80 New Target: $78 Maintain
15/02/2018 Broker: UBS Old Rating: Buy New Rating: Neutral Downgrade
01/02/2018 Broker: Imperial Capital Old Rating: In-Line New Rating: In-Line Old Target: $70 New Target: $66 Maintain
30/01/2018 Broker: J.P. Morgan Rating: Sell New Target: $67.0 Downgrade
30/01/2018 Broker: JP Morgan Old Rating: Neutral New Rating: Underweight Downgrade
26/01/2018 Broker: Morgan Stanley Old Rating: Overweight New Rating: Overweight Old Target: $86 New Target: $80 Maintain

The stock increased 1.51% or $0.98 during the last trading session, reaching $65.97. About 2.21 million shares traded. Alaska Air Group, Inc. (NYSE:ALK) has declined 35.27% since April 19, 2017 and is downtrending. It has underperformed by 46.82% the S&P500.

Alaska Air Group, Inc., through its subsidiaries, provides passengers and cargo air transportation services primarily in the United States. The company has market cap of $8.14 billion. The firm operates through three divisions: Mainline, Regional, and Horizon. It has a 7.9 P/E ratio. It has a network of approximately 1,200 daily flights to 118 destinations across the United States, Mexico, Canada, Costa Rica, and Cuba.

Alaska Air Group, Inc. (NYSE:ALK) Institutional Positions Chart

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