Price Target is an important factor while doing analysis of a stock. (DAL) is in Bernstein's research list so their analyst rating change is noteworthy.
Analysts' mean recommendation for Delta Air Lines, Inc.'s (DAL) stands at 2.00.
Delta Air Lines Inc.is resuming free meals in coach on 12 transcontinental USA routes after customers responded enthusiastically to a test program in select markets.
The in-flight meals will start on March 1 on flights between New York City's JFK airport and Los Angeles and San Francisco. If you are reading this report on another site, it was illegally copied and republished in violation of global trademark & copyright legislation. The legal version of this piece can be accessed at [[permalink]]. Similar statistics are true for the second largest owner, Vanguard Group Inc, which owns 45,971,900 shares of the stock are valued at $2.35 billion. The stock grabbed 131 new institutional investments totaling 13,365,934 shares while 79 institutional investors sold out their entire positions totaling 13,563,149 shares. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.
In other Delta Air Lines news, COO W Gilbert West sold 11,677 shares of the firm's stock in a transaction on Wednesday, November 9th. 2 analysts recommended Overweight these shares while 0 recommended Underweight, according to FactSet data. The disclosure for this purchase can be found here. The company has volume of 12.33 Million shares. In 2016, Delta was named to Fortune's top 50 Most Admired Companies in addition to being named the most admired airline for the fifth time in six years.
Institutional investors now hold around $32.78 billion or 81.3% in DAL stock. Financial Engines Advisors L.L.C. raised its position in shares of Delta Air Lines by 447.0% in the third quarter. Capital Guardian Trust Co. now owns 3,189 shares of the company's stock valued at $116,000 after buying an additional 2,000 shares during the period. The company has a total of 5.86 Billion shares outstanding. Similarly, the company has Return on Assets of 8.4 percent, Return on Equity of 36.6 percent and Return on Investment of 23.9 Percent. (NYSE:DAL) to Buy with a price target of $54. Latest closing price was 3.00% above its 50-day moving average and 20.46% above its 200-day moving average.
The stock as of last trading session moved 57.50% up from its 52 week low and was -3.66% behind its 52 week high. Morgan Stanley reissued an "overweight" rating on shares of Delta Air Lines in a research report on Saturday, January 7th. The firm had revenue of $9.46 billion for the quarter, compared to analyst estimates of $9.40 billion. The firm's revenue for the quarter was down.5% on a year-over-year basis. Equities research analysts anticipate that Delta Air Lines, Inc. will post $5.31 earnings per share for the current year. The dividend is payable to shareholders of record as of the close of business on February 24, 2017 and will be paid on March 17, 2017. (NYSE:DAL) may hit a high of $0.4.