Dean Investment Associates LLC Has $2.61 Million Holdings in Air Transport Services Group, Inc. (NASDAQ:ATSG)

Dean Investment Associates LLC lowered its position in Air Transport Services Group, Inc. (NASDAQ:ATSG) by 31.6% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 118,696 shares of the transportation company’s stock after selling 54,863 shares during the period. Dean Investment Associates LLC’s holdings in Air Transport Services Group were worth $2,609,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of ATSG. American Century Companies Inc. lifted its holdings in Air Transport Services Group by 3.3% in the fourth quarter. American Century Companies Inc. now owns 2,283,944 shares of the transportation company’s stock valued at $50,201,000 after buying an additional 72,367 shares during the period. Alpine Associates Management Inc. bought a new position in shares of Air Transport Services Group in the 4th quarter worth about $31,377,000. FIL Ltd acquired a new position in shares of Air Transport Services Group in the 4th quarter valued at about $31,146,000. State Street Corp boosted its position in shares of Air Transport Services Group by 1.1% during the 3rd quarter. State Street Corp now owns 1,258,673 shares of the transportation company’s stock valued at $20,378,000 after purchasing an additional 13,880 shares in the last quarter. Finally, Grantham Mayo Van Otterloo & Co. LLC acquired a new stake in Air Transport Services Group during the fourth quarter worth approximately $16,720,000. 91.81% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Separately, StockNews.com began coverage on Air Transport Services Group in a report on Monday. They set a “hold” rating on the stock. Four research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $20.60.

Air Transport Services Group Stock Performance

Shares of Air Transport Services Group stock opened at $22.48 on Friday. The business has a 50-day simple moving average of $22.35 and a 200 day simple moving average of $21.13. Air Transport Services Group, Inc. has a one year low of $11.69 and a one year high of $22.49. The company has a debt-to-equity ratio of 1.06, a current ratio of 0.81 and a quick ratio of 0.68. The firm has a market capitalization of $1.48 billion, a price-to-earnings ratio of -561.86 and a beta of 0.89.

Air Transport Services Group (NASDAQ:ATSG) last released its quarterly earnings data on Monday, March 3rd. The transportation company reported $0.40 EPS for the quarter, beating the consensus estimate of $0.35 by $0.05. Air Transport Services Group had a positive return on equity of 3.12% and a negative net margin of 0.12%. The firm had revenue of $1.96 billion during the quarter, compared to the consensus estimate of $521.36 million. On average, research analysts anticipate that Air Transport Services Group, Inc. will post 0.83 earnings per share for the current fiscal year.

Air Transport Services Group Company Profile

Air Transport Services Group, Inc, together with its subsidiaries, provides aircraft leasing, and air cargo transportation and related services in the United States and internationally. It operates in two segments, Cargo Aircraft Management Inc (CAM) and ACMI Services. The company offers aircraft, flight crews, aircraft hull and liability insurance, and aviation fuel services; and aircraft maintenance and modification services, including airframe modification and heavy maintenance, component repairs, engineering services, and aircraft line maintenance.