As Delta Air Lines (DAL) Stock Declined, Shareholder Quantitative Systematic Strategies Cut by $542,795 Its Holding; As Vodafone Group Adr (VOD) Valuation Declined, Hanson & Doremus Investment Management Has Decreased Position by $341,062

May 25, 2018 - By Kurt Siggers

Vodafone Group Plc (NASDAQ:VOD) Logo

Hanson & Doremus Investment Management decreased its stake in Vodafone Group Adr (VOD) by 12.29% based on its latest 2017Q4 regulatory filing with the SEC. Hanson & Doremus Investment Management sold 11,002 shares as the company’s stock declined 13.40% with the market. The institutional investor held 78,508 shares of the telecommunications equipment company at the end of 2017Q4, valued at $2.50M, down from 89,510 at the end of the previous reported quarter. Hanson & Doremus Investment Management who had been investing in Vodafone Group Adr for a number of months, seems to be less bullish one the $69.69 billion market cap company. The stock decreased 0.55% or $0.1445 during the last trading session, reaching $26.1555. About 2.54M shares traded. Vodafone Group Plc (NASDAQ:VOD) has risen 2.53% since May 25, 2017 and is uptrending. It has underperformed by 9.02% the S&P500.

Quantitative Systematic Strategies Llc decreased its stake in Delta Air Lines Inc (DAL) by 24.97% based on its latest 2017Q4 regulatory filing with the SEC. Quantitative Systematic Strategies Llc sold 9,869 shares as the company’s stock declined 3.16% with the market. The institutional investor held 29,650 shares of the transportation company at the end of 2017Q4, valued at $1.66M, down from 39,519 at the end of the previous reported quarter. Quantitative Systematic Strategies Llc who had been investing in Delta Air Lines Inc for a number of months, seems to be less bullish one the $39.10 billion market cap company. The stock increased 2.85% or $1.55 during the last trading session, reaching $55.95. About 5.99 million shares traded. Delta Air Lines, Inc. (NYSE:DAL) has risen 17.70% since May 25, 2017 and is uptrending. It has outperformed by 6.15% the S&P500.

More notable recent Delta Air Lines, Inc. (NYSE:DAL) news were published by: Investorplace.com which released: “Boeing Corporation Stock Is Ready for Takeoff” on May 25, 2018, also Seekingalpha.com with their article: “Delta And Navigating An Oligopoly (Podcast)” published on May 08, 2018, Bizjournals.com published: “Dallas proposes policy that could resolve Southwest-Delta dispute at Love Field” on May 09, 2018. More interesting news about Delta Air Lines, Inc. (NYSE:DAL) were released by: Bizjournals.com and their article: “Southwest, Delta lash out at one another over use of Dallas Love Field gates” published on May 21, 2018 as well as Bizjournals.com‘s news article titled: “With two new routes, Frontier Airlines takes on Delta at RDU” with publication date: May 01, 2018.

Investors sentiment decreased to 1.11 in 2017 Q4. Its down 0.04, from 1.15 in 2017Q3. It is negative, 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. Alleghany De holds 270,000 shares or 0.45% of its portfolio. Goldentree Asset Management Limited Partnership reported 174,233 shares. Spears Abacus Advisors Limited Liability Company owns 462,819 shares or 3.16% of their US portfolio. 5,410 were reported by Endowment L P. Tiaa Cref Inv Mngmt Limited Liability Corporation stated it has 3.40M shares. Asset One Company reported 288,102 shares stake. Bb&T Corporation accumulated 5,536 shares or 0.01% of the stock. Mackay Shields Limited Liability Corporation stated it has 0.78% in Delta Air Lines, Inc. (NYSE:DAL). Altfest L J Company holds 0.08% of its portfolio in Delta Air Lines, Inc. (NYSE:DAL) for 3,922 shares. Wells Fargo Company Mn owns 5.30 million shares for 0.09% of their portfolio. Epoch Inv Ptnrs has 15,936 shares. The Australia-based Commonwealth Bancorp Of Australia has invested 0.17% in Delta Air Lines, Inc. (NYSE:DAL). Meiji Yasuda Life Insurance accumulated 3,900 shares or 0.03% of the stock. Glob X Lc, New York-based fund reported 33,023 shares. Lumina Fund Mngmt Lc holds 10,000 shares or 0.05% of its portfolio.

Since December 15, 2017, it had 1 insider buy, and 11 selling transactions for $17.85 million activity. The insider West W Gilbert sold 17,250 shares worth $948,750. The insider Smith Joanne D sold 24,250 shares worth $1.43M. Shares for $1.76M were sold by HAUENSTEIN GLEN W on Friday, December 15. On Friday, April 20 the insider Bastian Edward H sold $1.38M. Shares for $604,333 were sold by Sear Steven M. Another trade for 3,350 shares valued at $200,193 was bought by BLAKE FRANCIS S.

Quantitative Systematic Strategies Llc, which manages about $315.26 million and $394.18M US Long portfolio, upped its stake in Assurant Inc (NYSE:AIZ) by 4,119 shares to 11,011 shares, valued at $1.11 million in 2017Q4, according to the filing. It also increased its holding in Berkshire Hathaway Inc (BRKB) by 2,320 shares in the quarter, for a total of 7,022 shares, and has risen its stake in Valley National Bancorp (NYSE:VLY).

Among 20 analysts covering Delta Air Lines (NYSE:DAL), 20 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Delta Air Lines had 76 analyst reports since August 3, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Wednesday, January 10 by Stifel Nicolaus. Bernstein initiated the shares of DAL in report on Tuesday, October 11 with “Mkt Perform” rating. Buckingham Research maintained the stock with “Buy” rating in Wednesday, October 5 report. The company was maintained on Wednesday, July 6 by Cowen & Co. The stock has “Hold” rating by Deutsche Bank on Friday, April 1. The firm earned “Buy” rating on Thursday, April 5 by Stifel Nicolaus. Deutsche Bank maintained the shares of DAL in report on Wednesday, September 6 with “Buy” rating. The firm has “Overweight” rating given on Thursday, August 17 by Morgan Stanley. The company was maintained on Thursday, May 25 by Stifel Nicolaus. The stock has “Overweight” rating by Morgan Stanley on Monday, March 19.

Analysts await Delta Air Lines, Inc. (NYSE:DAL) to report earnings on July, 12. They expect $1.91 earnings per share, up 16.46% or $0.27 from last year’s $1.64 per share. DAL’s profit will be $1.33B for 7.32 P/E if the $1.91 EPS becomes a reality. After $0.74 actual earnings per share reported by Delta Air Lines, Inc. for the previous quarter, Wall Street now forecasts 158.11% EPS growth.

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

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