AYAL Capital Advisors Ltd bought a new stake in Sky Harbour Group Co. (NYSEAMERICAN:SKYH - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 502,278 shares of the company's stock, valued at approximately $5,992,000. Sky Harbour Group accounts for approximately 1.6% of AYAL Capital Advisors Ltd's portfolio, making the stock its 13th biggest position. AYAL Capital Advisors Ltd owned approximately 0.66% of Sky Harbour Group at the end of the most recent quarter.
Several other institutional investors and hedge funds have also bought and sold shares of the company. Wells Fargo & Company MN raised its holdings in Sky Harbour Group by 40.2% during the fourth quarter. Wells Fargo & Company MN now owns 6,300 shares of the company's stock valued at $75,000 after acquiring an additional 1,807 shares during the period. Barclays PLC boosted its stake in shares of Sky Harbour Group by 326.5% during the 3rd quarter. Barclays PLC now owns 16,315 shares of the company's stock worth $181,000 after purchasing an additional 12,490 shares during the period. Dimensional Fund Advisors LP purchased a new stake in shares of Sky Harbour Group in the fourth quarter worth approximately $185,000. Mesirow Financial Investment Management Inc. purchased a new stake in shares of Sky Harbour Group during the fourth quarter valued at $215,000. Finally, Charles Schwab Investment Management Inc. grew its stake in Sky Harbour Group by 43.1% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 38,070 shares of the company's stock worth $454,000 after acquiring an additional 11,466 shares in the last quarter. 14.75% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
Separately, Alliance Global Partners started coverage on Sky Harbour Group in a research report on Friday, April 25th. They set a "buy" rating and a $14.50 target price on the stock. Three research analysts have rated the stock with a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, Sky Harbour Group has a consensus rating of "Buy" and a consensus target price of $18.50.
View Our Latest Report on SKYH
Sky Harbour Group Trading Up 1.9 %
Shares of NYSEAMERICAN:SKYH traded up $0.21 on Thursday, hitting $11.41. 55,022 shares of the company were exchanged, compared to its average volume of 98,355. The firm has a market capitalization of $862.71 million, a P/E ratio of -5.51 and a beta of 1.74. Sky Harbour Group Co. has a 1-year low of $8.26 and a 1-year high of $14.52. The stock's 50 day moving average price is $11.31 and its 200 day moving average price is $11.41.
Sky Harbour Group Profile
(
Free Report)
Sky Harbour Group Corporation operates as an aviation infrastructure development company in the United States. It develops, leases, and manages general aviation hangars for business aircraft. The company is based in White Plains, New York.
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