As Atsg (ATSG) Market Valuation Declined, Ack Asset Management LLC Increased by $16.55 Million Its Holding

October 13, 2018 - By Hazel Jackson

Air Transport Services Group, Inc. (NASDAQ:ATSG) LogoInvestors sentiment decreased to 0.91 in Q2 2018. Its down 0.06, from 0.97 in 2018Q1. It dropped, 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. Texas-based Dimensional Fund Advsr LP has invested 0.03% in Air Transport Services Group, Inc. (NASDAQ:ATSG). 50,968 are owned by Wells Fargo & Mn. Red Mountain Prtnrs Limited Liability holds 16.13% or 1.28 million shares. 66,898 were reported by Jefferies Grp Ltd Liability Com. Tiaa Cref Investment Mngmt Limited Liability Company invested in 179,502 shares or 0% of the stock. California Public Employees Retirement Sys reported 0% of its portfolio in Air Transport Services Group, Inc. (NASDAQ:ATSG). Ftb Advisors has invested 0% in Air Transport Services Group, Inc. (NASDAQ:ATSG). Bluestein R H owns 10,000 shares. Peak6 Invests Limited Partnership stated it has 0% of its portfolio in Air Transport Services Group, Inc. (NASDAQ:ATSG). Sg Americas Secs Ltd Liability Company stated it has 4,458 shares. Wolverine Asset Mngmt Limited Liability Corp holds 0.01% or 22,400 shares in its portfolio. 1,490 are held by One Trading Lp. Axiom International Investors Ltd Liability De accumulated 190,405 shares. Tortoise Investment Mgmt Lc stated it has 0% in Air Transport Services Group, Inc. (NASDAQ:ATSG). Amalgamated Natl Bank has 8,935 shares.

Since May 8, 2018, it had 0 insider purchases, and 2 selling transactions for $294,884 activity. The insider PAYNE W JOSEPH sold $281,364.

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 $17.74 million, 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 it with “In-Line” rating and $25 target in Friday, October 5 report. The rating was maintained by Imperial Capital with “In-Line” on Thursday, May 17. Stifel Nicolaus maintained the stock with “Buy” rating in Wednesday, August 8 report. Stifel Nicolaus upgraded the shares of ATSG in report on Thursday, June 28 to “Buy” rating.

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

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