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As Delta Air Lines Del (DAL) Valuation Declined, Shareholder Glendon Capital Management LP Raised Holding; As Verizon Communications (VZ) Share Value Declined, American Beacon Advisors Lowered Its Stake by $120.15 Million

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Glendon Capital Management Lp increased its stake in Delta Air Lines Inc Del (DAL) by 32.83% based on its latest 2017Q4 regulatory filing with the SEC. Glendon Capital Management Lp bought 33,235 shares as the company’s stock declined 3.16% with the market. The institutional investor held 134,482 shares of the transportation company at the end of 2017Q4, valued at $7.53M, up from 101,247 at the end of the previous reported quarter. Glendon Capital Management Lp who had been investing in Delta Air Lines Inc Del for a number of months, seems to be bullish on the $37.91B market cap company. The stock increased 2.46% or $1.3 during the last trading session, reaching $54.25. About 3.43M shares traded. Delta Air Lines, Inc. (NYSE:DAL) has risen 17.70% since May 21, 2017 and is uptrending. It has outperformed by 6.15% the S&P500.

American Beacon Advisors Inc decreased its stake in Verizon Communications Inc (VZ) by 60.91% based on its latest 2017Q4 regulatory filing with the SEC. American Beacon Advisors Inc sold 2,270 shares as the company’s stock declined 11.05% with the market. The institutional investor held 1,457 shares of the telecommunications equipment company at the end of 2017Q4, valued at $77.12M, down from 3,727 at the end of the previous reported quarter. American Beacon Advisors Inc who had been investing in Verizon Communications Inc for a number of months, seems to be less bullish one the $199.96B market cap company. The stock increased 1.37% or $0.655 during the last trading session, reaching $48.395. About 5.25 million shares traded. Verizon Communications Inc. (NYSE:VZ) has declined 3.72% since May 21, 2017 and is downtrending. It has underperformed by 15.27% the S&P500.

Investors sentiment decreased to 1.11 in 2017 Q4. Its down 0.04, from 1.15 in 2017Q3. It fall, 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. Walleye Trading Ltd Liability invested in 74,759 shares. First Republic Investment Incorporated accumulated 0.07% or 195,994 shares. Fred Alger Mgmt owns 0% invested in Delta Air Lines, Inc. (NYSE:DAL) for 99 shares. Oppenheimer & invested 0.14% of its portfolio in Delta Air Lines, Inc. (NYSE:DAL). South Dakota Inv Council invested in 0.72% or 580,700 shares. Afam Cap Inc invested in 0.67% or 108,206 shares. Guardian Life Ins Co Of America has invested 0.03% in Delta Air Lines, Inc. (NYSE:DAL). Advisory Serv Network Ltd Limited Liability Company owns 4,278 shares for 0.02% of their portfolio. Meiji Yasuda Life Company stated it has 0.03% of its portfolio in Delta Air Lines, Inc. (NYSE:DAL). Atika Cap Mngmt Ltd Llc holds 40,000 shares or 0.87% of its portfolio. Beach Mgmt Ltd Llc reported 26,430 shares. Ubs Asset Americas invested in 0.04% or 945,788 shares. 50,000 were accumulated by Moore Capital Management Lp. Comml Bank Of Montreal Can owns 501,791 shares or 0.02% of their US portfolio. Birinyi Associate stated it has 6,500 shares.

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. Stifel Nicolaus maintained Delta Air Lines, Inc. (NYSE:DAL) on Thursday, May 25 with “Buy” rating. As per Thursday, July 13, the company rating was maintained by Stifel Nicolaus. The firm earned “Buy” rating on Friday, November 18 by Citigroup. The firm has “Buy” rating by Cowen & Co given on Monday, July 10. The firm has “Outperform” rating given on Thursday, September 28 by Cowen & Co. Stephens maintained Delta Air Lines, Inc. (NYSE:DAL) rating on Monday, December 18. Stephens has “Buy” rating and $67.0 target. The firm earned “Buy” rating on Wednesday, October 21 by Argus Research. Cowen & Co maintained the shares of DAL in report on Friday, December 15 with “Buy” rating. The stock has “Buy” rating by Argus Research on Wednesday, January 13. As per Monday, October 23, the company rating was maintained by Stifel Nicolaus.

Glendon Capital Management Lp, which manages about $947.63 million and $416.23M US Long portfolio, decreased its stake in American Airls Group Inc (NASDAQ:AAL) by 7,096 shares to 63,866 shares, valued at $3.32 million in 2017Q4, according to the filing. It also reduced its holding in C&J Energy Svcs Inc New by 14,407 shares in the quarter, leaving it with 1.10 million shares, and cut its stake in Cf Inds Hldgs Inc (NYSE:CF).

More notable recent Delta Air Lines, Inc. (NYSE:DAL) news were published by: Bizjournals.com which released: “With two new routes, Frontier Airlines takes on Delta at RDU” on May 01, 2018, also Bizjournals.com with their article: “United Airlines CEO’s chief of staff headed to Delta Air Lines” published on May 16, 2018, Seekingalpha.com published: “Delta And Navigating An Oligopoly (Podcast)” on May 08, 2018. More interesting news about Delta Air Lines, Inc. (NYSE:DAL) were released by: Seekingalpha.com and their article: “Delta Air Lines, Inc. Dividend Stock Analysis” published on May 07, 2018 as well as 247Wallst.com‘s news article titled: “United Continental CFO Leaves Instead of CEO” with publication date: May 17, 2018.

Since December 15, 2017, it had 1 buying transaction, and 11 selling transactions for $17.85 million activity. Another trade for 42,900 shares valued at $2.40M was sold by Jacobson Paul A. $4.10M worth of Delta Air Lines, Inc. (NYSE:DAL) shares were sold by Bastian Edward H. Another trade for 3,350 shares valued at $200,193 was bought by BLAKE FRANCIS S. Sear Steven M also sold $604,333 worth of Delta Air Lines, Inc. (NYSE:DAL) shares. The insider HAUENSTEIN GLEN W sold $1.76 million. $1.43 million worth of Delta Air Lines, Inc. (NYSE:DAL) was sold by Smith Joanne D.

Since February 13, 2018, it had 0 insider purchases, and 2 insider sales for $444,552 activity.

American Beacon Advisors Inc, which manages about $52.95B and $9.35B US Long portfolio, upped its stake in Biogen Inc (NASDAQ:BIIB) by 41 shares to 361 shares, valued at $115.00M in 2017Q4, according to the filing. It also increased its holding in Church & Dwight Co Inc (NYSE:CHD) by 400 shares in the quarter, for a total of 2,420 shares, and has risen its stake in Walgreens Boots Alliance Inc.

Investors sentiment increased to 1.02 in 2017 Q4. Its up 0.14, from 0.88 in 2017Q3. It increased, as 57 investors sold VZ shares while 662 reduced holdings. 141 funds opened positions while 592 raised stakes. 2.54 billion shares or 0.48% more from 2.53 billion shares in 2017Q3 were reported. Tctc Hldgs Limited Co holds 27,547 shares. 1.11M were reported by Cornerstone Capital Management Llc. Bkd Wealth Advsr invested in 0.12% or 22,358 shares. Intrust Bancorporation Na reported 0.77% stake. Bankshares Of The West holds 0.95% in Verizon Communications Inc. (NYSE:VZ) or 143,385 shares. 628,236 are owned by Stephens Ar. Dean Assocs Ltd Limited Liability Company stated it has 1.29% in Verizon Communications Inc. (NYSE:VZ). Moreover, Stadion Money Management has 0.01% invested in Verizon Communications Inc. (NYSE:VZ). Investment Ptnrs Limited Oh Adv stated it has 1.11% of its portfolio in Verizon Communications Inc. (NYSE:VZ). Moreover, Roundview Cap Limited has 0.54% invested in Verizon Communications Inc. (NYSE:VZ) for 39,815 shares. Connecticut-based Aqr Limited Liability Corporation has invested 0.25% in Verizon Communications Inc. (NYSE:VZ). Beese Fulmer Investment Management invested in 76,411 shares or 0.87% of the stock. Birinyi Assoc Inc has 24,797 shares. Baxter Bros Inc holds 0.42% or 29,009 shares in its portfolio. Hudson Valley Inv Inc Adv has 103,913 shares.

Among 31 analysts covering Verizon Communications Inc. (NYSE:VZ), 15 have Buy rating, 0 Sell and 16 Hold. Therefore 48% are positive. Verizon Communications Inc. had 84 analyst reports since July 22, 2015 according to SRatingsIntel. The stock of Verizon Communications Inc. (NYSE:VZ) has “Hold” rating given on Friday, April 21 by Argus Research. As per Tuesday, July 18, the company rating was maintained by Cowen & Co. Barclays Capital maintained Verizon Communications Inc. (NYSE:VZ) rating on Monday, April 18. Barclays Capital has “Equal-Weight” rating and $52 target. As per Tuesday, February 21, the company rating was upgraded by Moffett Nathanson. The firm earned “Neutral” rating on Friday, October 16 by Nomura. The stock of Verizon Communications Inc. (NYSE:VZ) earned “Mkt Perform” rating by FBR Capital on Wednesday, January 25. As per Tuesday, January 16, the company rating was downgraded by Moffett Nathanson. The firm has “Hold” rating given on Thursday, December 14 by HSBC. The firm has “Buy” rating given on Tuesday, August 11 by Vetr. The rating was maintained by Scotia Capital on Wednesday, October 21 with “Sector Outperform”.

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

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