As Delta Air Lines Del (DAL) Valuation Declined, Atlanta Capital Group Lowered Holding by $432,816; Albion Financial Group Has Lifted Its Consolidated Edison (ED) Position by $771,840; Stock Price Rose

January 14, 2018 - By Marguerite Chambers

Albion Financial Group increased its stake in Consolidated Edison Inc. (ED) by 22.48% based on its latest 2017Q3 regulatory filing with the SEC. Albion Financial Group bought 9,648 shares as the company’s stock rose 9.35% with the market. The institutional investor held 52,559 shares of the power generation company at the end of 2017Q3, valued at $4.24M, up from 42,911 at the end of the previous reported quarter. Albion Financial Group who had been investing in Consolidated Edison Inc. for a number of months, seems to be bullish on the $24.65B market cap company. The stock decreased 1.12% or $0.9 during the last trading session, reaching $79.49. About 1.90M shares traded or 16.85% up from the average. Consolidated Edison, Inc. (NYSE:ED) has risen 11.89% since January 14, 2017 and is uptrending. It has underperformed by 4.81% the S&P500.

Atlanta Capital Group decreased its stake in Delta Air Lines Inc Del (DAL) by 19.19% based on its latest 2017Q3 regulatory filing with the SEC. Atlanta Capital Group sold 9,017 shares as the company’s stock declined 5.91% while stock markets rallied. The institutional investor held 37,980 shares of the transportation company at the end of 2017Q3, valued at $1.83M, down from 46,997 at the end of the previous reported quarter. Atlanta Capital Group who had been investing in Delta Air Lines Inc Del for a number of months, seems to be less bullish one the $42.49B market cap company. The stock increased 2.24% or $1.31 during the last trading session, reaching $59.83. About 12.27 million shares traded or 75.68% up from the average. Delta Air Lines, Inc. (NYSE:DAL) has risen 11.83% since January 14, 2017 and is uptrending. It has underperformed by 4.87% the S&P500.

Atlanta Capital Group, which manages about $1.02B and $573.66 million US Long portfolio, upped its stake in Illumina Inc (NASDAQ:ILMN) by 1,550 shares to 7,829 shares, valued at $1.56M in 2017Q3, according to the filing.

Since October 12, 2017, it had 0 insider buys, and 8 insider sales for $19.55 million activity. On Friday, December 15 HAUENSTEIN GLEN W sold $1.76M worth of Delta Air Lines, Inc. (NYSE:DAL) or 31,600 shares. On Monday, December 18 Sear Steven M sold $604,333 worth of Delta Air Lines, Inc. (NYSE:DAL) or 10,783 shares. $1.82M worth of Delta Air Lines, Inc. (NYSE:DAL) shares were sold by Smith Joanne D. Another trade for 159,240 shares valued at $8.45 million was made by Bastian Edward H on Thursday, October 12.

Investors sentiment increased to 1.15 in Q3 2017. Its up 0.17, from 0.98 in 2017Q2. It increased, as 69 investors sold DAL shares while 247 reduced holdings. 92 funds opened positions while 271 raised stakes. 589.14 million shares or 3.18% less from 608.49 million shares in 2017Q2 were reported. Natl Planning Corp stated it has 0.07% of its portfolio in Delta Air Lines, Inc. (NYSE:DAL). Guardian Life Ins Of America owns 0.01% invested in Delta Air Lines, Inc. (NYSE:DAL) for 1,525 shares. Blair William Il holds 8,498 shares or 0% of its portfolio. Levin Cap Strategies Limited Partnership owns 64,359 shares. New Jersey Better Educational Savings, New Jersey-based fund reported 10,000 shares. Buckingham Management Inc invested 1.91% in Delta Air Lines, Inc. (NYSE:DAL). Raymond James Finance Advisors Inc holds 0.06% or 201,695 shares. C M Bidwell & Associates has 0% invested in Delta Air Lines, Inc. (NYSE:DAL). Brandywine Invest Mgmt Lc invested in 1.06% or 3.48M shares. State Of Alaska Department Of Revenue reported 0.05% of its portfolio in Delta Air Lines, Inc. (NYSE:DAL). 67,575 were accumulated by Beech Hill Advsr. Commonwealth Bancshares Of Aus reported 253,668 shares. Trexquant LP stated it has 0.31% in Delta Air Lines, Inc. (NYSE:DAL). Cardinal Incorporated reported 0.06% stake. Ameritas Invest Prtn stated it has 0.04% in Delta Air Lines, Inc. (NYSE:DAL).

Among 20 analysts covering Delta Air Lines (NYSE:DAL), 20 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Delta Air Lines had 68 analyst reports since August 3, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Monday, January 8 by Stephens. Morgan Stanley maintained the stock with “Overweight” rating in Thursday, August 17 report. The firm has “Buy” rating given on Friday, November 18 by Citigroup. The rating was upgraded by Deutsche Bank to “Buy” on Tuesday, September 1. The rating was upgraded by Evercore to “Outperform” on Thursday, March 16. The stock has “Buy” rating by Stifel Nicolaus on Sunday, August 20. The stock has “Outperform” rating by Credit Suisse on Wednesday, July 6. The firm has “Buy” rating given on Tuesday, September 5 by Cowen & Co. Bernstein maintained the shares of DAL in report on Wednesday, January 10 with “Buy” rating. On Monday, August 3 the stock rating was maintained by UBS with “Buy”.

Investors sentiment decreased to 1.08 in Q3 2017. Its down 0.04, from 1.12 in 2017Q2. It is negative, as 31 investors sold ED shares while 224 reduced holdings. 60 funds opened positions while 215 raised stakes. 169.54 million shares or 1.03% more from 167.81 million shares in 2017Q2 were reported. Vanguard Grp holds 0.08% in Consolidated Edison, Inc. (NYSE:ED) or 22.46 million shares. Douglass Winthrop Ltd Liability Corporation stated it has 0.02% of its portfolio in Consolidated Edison, Inc. (NYSE:ED). Federated Inc Pa stated it has 0.57% in Consolidated Edison, Inc. (NYSE:ED). Centurylink Investment Mngmt owns 22,514 shares or 0.59% of their US portfolio. 3,226 were accumulated by Carnegie Cap Asset Mgmt Ltd Llc. Highstreet Asset has invested 0.12% of its portfolio in Consolidated Edison, Inc. (NYSE:ED). Hsbc Hldgs Plc has 448,520 shares. M&T Fincl Bank stated it has 0.05% in Consolidated Edison, Inc. (NYSE:ED). Ohio-based Park Natl Oh has invested 0.11% in Consolidated Edison, Inc. (NYSE:ED). Strategic Advisors Ltd Com reported 18,519 shares. 278,345 were reported by State Of Wisconsin Inv Board. Dumont Blake Advsrs Limited Liability Co has 3,835 shares for 0.13% of their portfolio. Alethea Cap Management Ltd Liability stated it has 21,318 shares or 2.02% of all its holdings. Metropolitan Life Ins Com Ny invested in 147,007 shares or 0.07% of the stock. Waters Parkerson Llc, a Louisiana-based fund reported 3,573 shares.

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