Sky Harbour Group (NYSEAMERICAN:SKYH) Now Covered by Lake Street Capital

Equities researchers at Lake Street Capital started coverage on shares of Sky Harbour Group (NYSEAMERICAN:SKYH - Get Free Report) in a research report issued to clients and investors on Monday, Marketbeat Ratings reports. The firm set a "buy" rating and a $14.00 price target on the stock. Lake Street Capital's target price would indicate a potential upside of 41.27% from the stock's previous close.

Separately, 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. Four equities research analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, the stock has an average rating of "Buy" and an average target price of $17.38.

Sky Harbour Group Trading Down 0.1%

Shares of NYSEAMERICAN:SKYH traded down $0.01 during mid-day trading on Monday, hitting $9.91. 85,518 shares of the company traded hands, compared to its average volume of 108,454. Sky Harbour Group has a 12-month low of $8.26 and a 12-month high of $14.52. The stock has a market cap of $749.30 million, a P/E ratio of -4.79 and a beta of 1.74. The stock has a 50-day moving average price of $10.99 and a two-hundred day moving average price of $11.39.

Institutional Trading of Sky Harbour Group

Institutional investors have recently added to or reduced their stakes in the business. Barclays PLC raised its holdings in Sky Harbour Group by 10.2% during the fourth quarter. Barclays PLC now owns 17,973 shares of the company's stock valued at $214,000 after acquiring an additional 1,658 shares during the period. Wells Fargo & Company MN boosted its stake 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 worth $75,000 after buying an additional 1,807 shares during the period. BNP Paribas Financial Markets bought a new position in Sky Harbour Group during the fourth quarter valued at $26,000. Charles Schwab Investment Management Inc. lifted its stake in Sky Harbour Group by 43.1% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 38,070 shares of the company's stock worth $454,000 after purchasing an additional 11,466 shares during the last quarter. Finally, Fullcircle Wealth LLC bought a new position in Sky Harbour Group in the 4th quarter valued at $131,000. 14.75% of the stock is currently owned by hedge funds and other institutional investors.

About Sky Harbour Group

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.