Ack Asset Management LLC Has Increased Its Position in Atsg (ATSG) by $16.55 Million as Stock Price Declined

October 13, 2018 - By Dolores Ford

Air Transport Services Group, Inc. (NASDAQ:ATSG) LogoInvestors sentiment decreased to 0.91 in 2018 Q2. Its down 0.06, from 0.97 in 2018Q1. It fall, as 29 investors sold ATSG shares while 50 reduced holdings. 25 funds opened positions while 47 raised stakes. 50.83 million shares or 0.36% less from 51.01 million shares in 2018Q1 were reported. Lord Abbett And Ltd Llc accumulated 412,029 shares. Private Capital Ltd Co owns 3.95% invested in Air Transport Services Group, Inc. (NASDAQ:ATSG) for 1.22 million shares. Numerixs Investment Technology holds 8,000 shares. The Massachusetts-based Geode Capital Mngmt Ltd has invested 0% in Air Transport Services Group, Inc. (NASDAQ:ATSG). Monarch Asset Management Ltd Com reported 294,527 shares or 0.6% of all its holdings. Tiaa Cref Invest Management Ltd holds 179,502 shares or 0% of its portfolio. Voya Investment Limited Liability Com holds 0% or 24,197 shares. Millennium Management Ltd Liability Co invested 0.02% of its portfolio in Air Transport Services Group, Inc. (NASDAQ:ATSG). Hsbc Public Lc holds 225,697 shares or 0.01% of its portfolio. Moreover, Panagora Asset Mngmt has 0% invested in Air Transport Services Group, Inc. (NASDAQ:ATSG). Penn Cap Mgmt Communication Inc holds 0.26% of its portfolio in Air Transport Services Group, Inc. (NASDAQ:ATSG) for 155,362 shares. Sg Americas Securities Ltd Llc holds 4,458 shares or 0% of its portfolio. Legal And General Public Ltd Company has 8,856 shares. Envestnet Asset Mngmt Incorporated holds 6,671 shares. Moreover, Moab Capital Prns Ltd Liability has 6.98% invested in Air Transport Services Group, Inc. (NASDAQ:ATSG) for 1.28 million shares.

Since May 8, 2018, it had 0 buys, and 2 insider sales for $294,884 activity. TURNER QUINT O sold $13,520 worth of stock or 600 shares.

Ack Asset Management Llc increased its stake in Atsg (ATSG) by 1581.66% based on its latest 2018Q2 regulatory filing with the SEC. Ack Asset Management Llc bought 752,428 shares as the company’s stock declined 7.83% while stock markets rallied. The hedge fund held 800,000 shares of the transportation company at the end of 2018Q2, valued at $17.74M, up from 47,572 at the end of the previous reported quarter. Ack Asset Management Llc who had been investing in Atsg for a number of months, seems to be bullish on the $1.23 billion market cap company. The stock decreased 0.43% or $0.09 during the last trading session, reaching $20.88. About 215,525 shares traded. Air Transport Services Group, Inc. (NASDAQ:ATSG) has declined 7.44% since October 13, 2017 and is downtrending. It has underperformed by 23.06% the S&P500.

Another recent and important Air Transport Services Group, Inc. (NASDAQ:ATSG) news was published by Nasdaq.com which published an article titled: “Research Report Identifies Keysight Technologies, Quidel, LKQ, Louisiana-Pacific, Air Transport Services Group, and …” on October 09, 2018.

Air Transport Services Group, Inc. (NASDAQ:ATSG) Ratings Coverage

Among 2 analysts covering Air Transport Services Gr (NASDAQ:ATSG), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Air Transport Services Gr had 4 analyst reports since May 17, 2018 according to SRatingsIntel. Imperial Capital maintained the stock with “In-Line” rating in Thursday, May 17 report. Stifel Nicolaus upgraded the stock to “Buy” rating in Thursday, June 28 report. The company was maintained on Wednesday, August 8 by Stifel Nicolaus. Imperial Capital maintained Air Transport Services Group, Inc. (NASDAQ:ATSG) rating on Friday, October 5. Imperial Capital has “In-Line” rating and $25 target.

Air Transport Services Group, Inc. (NASDAQ:ATSG) Ratings Chart

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