Norman Fields Gottscho Capital Management Upped Delta Airlines (DAL) Holding; Cypress Capital Group Decreased Its At&T (T) Stake

June 26, 2018 - By rebbecca

Delta Air Lines, Inc. (NYSE:DAL) Logo

Norman Fields Gottscho Capital Management Llc increased Delta Airlines Inc. (DAL) stake by 9.32% reported in 2018Q1 SEC filing. Norman Fields Gottscho Capital Management Llc acquired 6,975 shares as Delta Airlines Inc. (DAL)’s stock rose 2.16%. The Norman Fields Gottscho Capital Management Llc holds 81,800 shares with $4.48M value, up from 74,825 last quarter. Delta Airlines Inc. now has $35.86B valuation. The stock decreased 2.67% or $1.41 during the last trading session, reaching $51.31. About 7.55 million shares traded or 10.41% up from the average. Delta Air Lines, Inc. (NYSE:DAL) has risen 10.85% since June 26, 2017 and is uptrending. It has underperformed by 1.72% the S&P500. Some Historical DAL News: 15/05/2018 – France has no plans to reduce stake in Air France-KLM: Elysee adviser; 27/04/2018 – The Dalí and the Cooper, Sky Arts – `bonkers and brilliant’; 05/04/2018 – DELTA CAN’T SAY WHETHER CUSTOMER INFO ACCESSED, COMPROMISED; 10/04/2018 – Investors Watching Guidance as Delta Air Lines Releases Earnings — Earnings Preview; 14/05/2018 – DAL: PERSIAN GULF AIR SUBSIDIES BIGGEST THREAT TO U.S. CARRIERS; 30/05/2018 – DELTA CEO BASTIAN CONCLUDES REMARKS AT BERNSTEIN CONFERENCE; 16/04/2018 – Moody’s Assigns Baa3 Rating To Delta Air Lines’ New Senior Unsecured Notes; 10/04/2018 – Delta Air Lines Conference Call Set By Eden Rock for Apr. 17; 02/05/2018 – Delta Air April Capacity Up 4; 15/03/2018 – VIRGIN ATLANTIC – INTRODUCING SECOND DAILY SERVICE TO JOHANNESBURG FROM WINTER 2018

Cypress Capital Group decreased At&T Inc (T) stake by 4.84% reported in 2018Q1 SEC filing. Cypress Capital Group sold 10,600 shares as At&T Inc (T)’s stock declined 13.21%. The Cypress Capital Group holds 208,356 shares with $7.43M value, down from 218,956 last quarter. At&T Inc now has $232.31B valuation. The stock increased 0.06% or $0.02 during the last trading session, reaching $31.71. About 48.62M shares traded or 25.99% up from the average. AT&T Inc. (NYSE:T) has declined 14.96% since June 26, 2017 and is downtrending. It has underperformed by 27.53% the S&P500. Some Historical T News: 27/03/2018 – It’s Official: Public Safety’s Exclusive Communications Platform Comes to Life with Nationwide Launch of the FirstNet Dedicated; 29/03/2018 – PC Magazine: Exclusive: AT&T LTE Hits 537Mbps in Chicago; 11/05/2018 – AT&T Chief Says Hiring Michael Cohen Was a `Big Mistake’; 11/05/2018 – READ: AT&T CEO tells staff that the company made a “big mistake” hiring Trump’s personal lawyer Michael Cohen – memo obtained by CNBC; 09/05/2018 – Yahoo! UK: AT&T payments to Trump lawyer more than reported; 11/05/2018 – EXCLUSIVE-AT&T CEO says hiring Trump lawyer was ‘big mistake’ – memo; 18/04/2018 – VRIO CORP SAYS REDUCED ITS IPO PRICE RANGE TO $16.00 TO $17.00 FROM PRIOR RANGE OF $19.00 TO $22.00 – SEC FILING; 18/05/2018 – FCC investigating reports website flaw exposed mobile phone locations; 06/04/2018 – Dutch Fund Sells Apple, Microsoft, Costco, AT&T — Barrons.com; 25/04/2018 – AT&T 1Q ADJ EBITDA $12.44B, EST. $13.22B

Analysts await AT&T Inc. (NYSE:T) to report earnings on July, 24. They expect $0.89 earnings per share, up 12.66% or $0.10 from last year’s $0.79 per share. T’s profit will be $6.52B for 8.91 P/E if the $0.89 EPS becomes a reality. After $0.85 actual earnings per share reported by AT&T Inc. for the previous quarter, Wall Street now forecasts 4.71% EPS growth.

Investors sentiment increased to 0.92 in Q1 2018. Its up 0.01, from 0.91 in 2017Q4. It improved, as 76 investors sold T shares while 695 reduced holdings. 122 funds opened positions while 585 raised stakes. 3.08 billion shares or 0.35% less from 3.09 billion shares in 2017Q4 were reported. Vantage Inv Prtnrs Ltd Liability reported 0.91% in AT&T Inc. (NYSE:T). Boyd Watterson Asset Mgmt Oh reported 0.16% stake. Logan Cap Mngmt accumulated 1.96% or 783,624 shares. Meridian Invest Counsel Incorporated holds 1.72% or 85,358 shares. First Midwest Bankshares Tru Division reported 1.32% of its portfolio in AT&T Inc. (NYSE:T). Tiedemann Advsrs Limited Liability owns 21,192 shares or 0.05% of their US portfolio. Arrow reported 30,230 shares. Oppenheimer And Co has 576,660 shares. 30,208 were reported by Hemenway Com Llc. 197,726 were reported by Buckhead Cap Mngmt Ltd Liability. Parallax Volatility Advisers Limited Partnership stated it has 0% in AT&T Inc. (NYSE:T). California State Teachers Retirement Sys has invested 0.88% in AT&T Inc. (NYSE:T). Wealthfront Inc accumulated 193,922 shares or 0.07% of the stock. United Automobile Association reported 0.46% stake. Cubist Systematic Strategies Ltd Liability Com invested in 18,220 shares.

Among 35 analysts covering AT&T Inc. (NYSE:T), 13 have Buy rating, 2 Sell and 20 Hold. Therefore 37% are positive. AT&T Inc. has $54 highest and $35 lowest target. $40.61’s average target is 28.07% above currents $31.71 stock price. AT&T Inc. had 88 analyst reports since July 27, 2015 according to SRatingsIntel. The company was maintained on Monday, March 14 by Citigroup. The rating was initiated by Macquarie Research on Tuesday, April 5 with “Outperform”. The firm has “Hold” rating given on Monday, October 2 by RBC Capital Markets. On Monday, April 18 the stock rating was maintained by Barclays Capital with “Overweight”. The firm has “Neutral” rating by Hilliard Lyons given on Thursday, April 26. The stock of AT&T Inc. (NYSE:T) earned “Hold” rating by Jefferies on Thursday, June 7. As per Tuesday, August 22, the company rating was maintained by Jefferies. On Tuesday, November 21 the stock rating was maintained by Nomura with “Buy”. The stock has “Buy” rating by Robert W. Baird on Wednesday, September 20. The firm has “Buy” rating by Argus Research given on Tuesday, April 11.

More notable recent AT&T Inc. (NYSE:T) news were published by: Seekingalpha.com which released: “To T Or Not To T, That Is The Question” on June 22, 2018, also Seekingalpha.com with their article: “Why I Am Acquiring More AT&T” published on June 19, 2018, 247Wallst.com published: “AT&T Moves to Acquire AppNexus” on June 25, 2018. More interesting news about AT&T Inc. (NYSE:T) were released by: Fool.com and their article: “A Combined T-Mobile-Sprint Could Challenge AT&T’s Bundle” published on June 24, 2018 as well as Seekingalpha.com‘s news article titled: “AT&T Hits Rock Bottom – Buy Or Beware?” with publication date: June 14, 2018.

Cypress Capital Group increased Visa Inc (NYSE:V) stake by 3,651 shares to 111,175 valued at $13.30 million in 2018Q1. It also upped Ishares (IJH) stake by 1,721 shares and now owns 17,350 shares. Ishares (EFAV) was raised too.

Since January 12, 2018, it had 1 insider purchase, and 8 sales for $10.14 million activity. 24,250 Delta Air Lines, Inc. (NYSE:DAL) shares with value of $1.43M were sold by Smith Joanne D. On Wednesday, May 30 Sear Steven M sold $556,873 worth of Delta Air Lines, Inc. (NYSE:DAL) or 10,247 shares. Another trade for 49,362 shares valued at $2.97M was made by Jacobson Paul A on Tuesday, January 16. On Friday, April 20 Bastian Edward H sold $1.38M worth of Delta Air Lines, Inc. (NYSE:DAL) or 25,000 shares. BLAKE FRANCIS S bought 3,350 shares worth $200,193. Shares for $948,750 were sold by West W Gilbert.

Investors sentiment increased to 1.26 in Q1 2018. Its up 0.15, from 1.11 in 2017Q4. It is positive, as 56 investors sold DAL shares while 253 reduced holdings. 115 funds opened positions while 273 raised stakes. 569.91 million shares or 2.40% less from 583.95 million shares in 2017Q4 were reported. Rafferty Asset Management Ltd Co holds 0.05% or 60,848 shares. 187,855 are owned by British Columbia Investment Mgmt. Credit Cap Ltd invested in 1.3% or 25,000 shares. Highlander Cap Mngmt Limited Company has invested 0.01% of its portfolio in Delta Air Lines, Inc. (NYSE:DAL). 16,566 were reported by Ibm Retirement Fund. Bridgeway Capital Management holds 0.46% or 779,630 shares in its portfolio. Fjarde Ap holds 0.01% in Delta Air Lines, Inc. (NYSE:DAL) or 6,216 shares. Jump Trading Llc reported 286 shares. Bronson Point Limited Liability Corporation invested 4.88% of its portfolio in Delta Air Lines, Inc. (NYSE:DAL). Welch Capital Limited Liability Corp Ny has 3.51% invested in Delta Air Lines, Inc. (NYSE:DAL). Proshare Advsr Limited Co owns 93,167 shares. Intrust Commercial Bank Na reported 15,371 shares or 0.24% of all its holdings. The Vermont-based Manchester Cap Management Llc has invested 0% in Delta Air Lines, Inc. (NYSE:DAL). First Allied Advisory Serv accumulated 22,725 shares or 0.05% of the stock. 350 are owned by Qci Asset Mngmt Ny.

Delta Air Lines, Inc. (NYSE:DAL) Institutional Positions Chart