Universal Beteiligungs und Servicegesellschaft mbH Has $18.23 Million Holdings in Delta Air Lines, Inc. (NYSE:DAL)

Universal Beteiligungs und Servicegesellschaft mbH grew its position in Delta Air Lines, Inc. (NYSE:DAL - Free Report) by 51.2% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 418,085 shares of the transportation company's stock after acquiring an additional 141,502 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH owned 0.06% of Delta Air Lines worth $18,229,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of DAL. Kayne Anderson Rudnick Investment Management LLC lifted its position in shares of Delta Air Lines by 414.4% in the 4th quarter. Kayne Anderson Rudnick Investment Management LLC now owns 535 shares of the transportation company's stock worth $32,000 after acquiring an additional 431 shares during the period. Graney & King LLC bought a new stake in shares of Delta Air Lines in the 4th quarter worth approximately $34,000. Continuum Advisory LLC lifted its position in shares of Delta Air Lines by 44.2% during the 4th quarter. Continuum Advisory LLC now owns 584 shares of the transportation company's stock worth $35,000 after buying an additional 179 shares during the period. Hara Capital LLC bought a new position in shares of Delta Air Lines during the 1st quarter worth approximately $35,000. Finally, Private Wealth Management Group LLC lifted its position in shares of Delta Air Lines by 104.8% during the 1st quarter. Private Wealth Management Group LLC now owns 991 shares of the transportation company's stock worth $43,000 after buying an additional 507 shares during the period. Institutional investors own 69.93% of the company's stock.

Delta Air Lines Trading Up 0.3%

Shares of DAL stock traded up $0.15 on Monday, reaching $55.01. 2,078,036 shares of the stock were exchanged, compared to its average volume of 11,107,273. The stock has a market cap of $35.92 billion, a PE ratio of 7.99, a P/E/G ratio of 1.70 and a beta of 1.49. Delta Air Lines, Inc. has a one year low of $34.74 and a one year high of $69.98. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.38 and a quick ratio of 0.33. The stock has a 50 day moving average price of $50.84 and a 200 day moving average price of $52.28.

Delta Air Lines (NYSE:DAL - Get Free Report) last released its earnings results on Thursday, July 10th. The transportation company reported $2.10 earnings per share for the quarter, topping analysts' consensus estimates of $2.01 by $0.09. The company had revenue of $15,507,000 billion during the quarter, compared to the consensus estimate of $16.16 billion. Delta Air Lines had a return on equity of 24.86% and a net margin of 7.24%. The firm's quarterly revenue was down .1% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.36 earnings per share. Equities research analysts forecast that Delta Air Lines, Inc. will post 7.63 EPS for the current fiscal year.

Delta Air Lines Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, August 21st. Stockholders of record on Thursday, July 31st will be given a dividend of $0.1875 per share. The ex-dividend date is Thursday, July 31st. This represents a $0.75 dividend on an annualized basis and a dividend yield of 1.36%. This is an increase from Delta Air Lines's previous quarterly dividend of $0.15. Delta Air Lines's payout ratio is presently 8.70%.

Insider Transactions at Delta Air Lines

In related news, EVP Steven M. Sear sold 18,000 shares of Delta Air Lines stock in a transaction on Tuesday, July 15th. The stock was sold at an average price of $55.96, for a total transaction of $1,007,280.00. Following the completion of the sale, the executive vice president directly owned 97,505 shares of the company's stock, valued at $5,456,379.80. The trade was a 15.58% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Edward H. Bastian sold 35,000 shares of Delta Air Lines stock in a transaction on Wednesday, July 23rd. The stock was sold at an average price of $56.28, for a total value of $1,969,800.00. Following the sale, the chief executive officer directly owned 632,823 shares of the company's stock, valued at approximately $35,615,278.44. This trade represents a 5.24% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 133,973 shares of company stock worth $7,511,746. Insiders own 0.96% of the company's stock.

Analyst Ratings Changes

Several equities analysts recently commented on the company. Susquehanna set a $65.00 target price on Delta Air Lines and gave the stock a "positive" rating in a research report on Friday, July 11th. Jefferies Financial Group raised their target price on Delta Air Lines from $56.00 to $62.00 and gave the stock a "hold" rating in a research report on Monday, July 14th. Barclays raised their target price on Delta Air Lines from $58.00 to $65.00 and gave the stock an "overweight" rating in a research report on Friday, July 11th. Bank of America cut their target price on Delta Air Lines from $65.00 to $56.00 and set a "buy" rating for the company in a research report on Thursday, April 3rd. Finally, Raymond James Financial raised their target price on Delta Air Lines from $60.00 to $68.00 in a research report on Friday, July 11th. Three analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $66.21.

Delta Air Lines Company Profile

Delta Air Lines, Inc provides scheduled air transportation for passengers and cargo in the United States and internationally. The company operates through two segments, Airline and Refinery. Its domestic network centered on core hubs in Atlanta, Minneapolis-St. Paul, Detroit, and Salt Lake City, as well as coastal hub positions in Boston, Los Angeles, New York-LaGuardia, New York-JFK, and Seattle; and international network centered on hubs and market presence in Amsterdam, Bogota, Lima, Mexico City, London-Heathrow, Paris-Charles de Gaulle, Sao Paulo, Seoul-Incheon, and Tokyo.