Sky Harbour Group Co. (NYSEAMERICAN:SKYH) Shares Sold by Mariner LLC

Mariner LLC reduced its stake in shares of Sky Harbour Group Co. (NYSEAMERICAN:SKYH - Free Report) by 34.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 147,496 shares of the company's stock after selling 79,175 shares during the quarter. Mariner LLC owned 0.20% of Sky Harbour Group worth $1,764,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Lawson Kroeker Investment Management Inc. NE grew its holdings in Sky Harbour Group by 121.8% in the fourth quarter. Lawson Kroeker Investment Management Inc. NE now owns 374,781 shares of the company's stock valued at $4,471,000 after purchasing an additional 205,788 shares during the period. Centerpoint Advisors LLC acquired a new stake in Sky Harbour Group in the fourth quarter valued at approximately $1,390,000. Renaissance Technologies LLC grew its holdings in Sky Harbour Group by 437.2% in the fourth quarter. Renaissance Technologies LLC now owns 79,500 shares of the company's stock valued at $948,000 after purchasing an additional 64,700 shares during the period. Meixler Investment Management Ltd. boosted its stake in shares of Sky Harbour Group by 60.1% in the fourth quarter. Meixler Investment Management Ltd. now owns 157,930 shares of the company's stock worth $1,884,000 after acquiring an additional 59,284 shares during the last quarter. Finally, Geode Capital Management LLC boosted its stake in shares of Sky Harbour Group by 20.1% in the fourth quarter. Geode Capital Management LLC now owns 301,909 shares of the company's stock worth $3,602,000 after acquiring an additional 50,444 shares during the last quarter. 14.75% of the stock is currently owned by hedge funds and other institutional investors.

Sky Harbour Group Price Performance

Shares of NYSEAMERICAN SKYH traded down $0.11 during midday trading on Wednesday, hitting $10.67. The company's stock had a trading volume of 95,816 shares, compared to its average volume of 97,634. The business's fifty day simple moving average is $11.29 and its two-hundred day simple moving average is $11.40. Sky Harbour Group Co. has a 1 year low of $8.26 and a 1 year high of $14.52. The firm has a market capitalization of $806.76 million, a price-to-earnings ratio of -5.15 and a beta of 1.74.

Wall Street Analyst Weigh In

A number of analysts have issued reports on the company. Alliance Global Partners began coverage on Sky Harbour Group in a research note on Friday, April 25th. They issued a "buy" rating and a $14.50 target price for the company. B. Riley upgraded shares of Sky Harbour Group to a "strong-buy" rating in a research report on Tuesday, January 7th. Three research analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, Sky Harbour Group presently has a consensus rating of "Buy" and an average price target of $18.50.

Sky Harbour Group Profile

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.