First Citizens Bank & Trust Co Lowered Delta Air Lines Del (DAL) Position By $1.08 Million; 1 Analysts Covering The Boston Beer Company, Inc. (SAM)

May 18, 2018 - By Marie Mckinney

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

First Citizens Bank & Trust Co decreased Delta Air Lines Inc Del (DAL) stake by 53.18% reported in 2017Q4 SEC filing. First Citizens Bank & Trust Co sold 19,585 shares as Delta Air Lines Inc Del (DAL)’s stock declined 3.16%. The First Citizens Bank & Trust Co holds 17,243 shares with $965,000 value, down from 36,828 last quarter. Delta Air Lines Inc Del now has $37.11B valuation. The stock decreased 0.71% or $0.38 during the last trading session, reaching $53.1. About 6.07 million shares traded. Delta Air Lines, Inc. (NYSE:DAL) has risen 17.70% since May 18, 2017 and is uptrending. It has outperformed by 6.15% the S&P500.

Among 16 analysts covering Boston Beer Co (NYSE:SAM), 1 have Buy rating, 1 Sell and 14 Hold. Therefore 6% are positive. Boston Beer Co had 65 analyst reports since July 28, 2015 according to SRatingsIntel. The firm earned “Hold” rating on Thursday, May 19 by Berenberg. The firm has “Buy” rating by Susquehanna given on Tuesday, July 18. The stock of The Boston Beer Company, Inc. (NYSE:SAM) earned “Hold” rating by Jefferies on Thursday, January 4. The rating was downgraded by Susquehanna on Monday, November 13 to “Neutral”. As per Wednesday, November 15, the company rating was maintained by Cowen & Co. The firm has “Hold” rating given on Thursday, April 26 by Stifel Nicolaus. Goldman Sachs upgraded The Boston Beer Company, Inc. (NYSE:SAM) on Tuesday, October 20 to “Neutral” rating. The company was maintained on Thursday, July 27 by Susquehanna. Jefferies maintained The Boston Beer Company, Inc. (NYSE:SAM) on Friday, April 28 with “Hold” rating. The firm has “Neutral” rating given on Friday, October 27 by Credit Suisse. See The Boston Beer Company, Inc. (NYSE:SAM) latest ratings:

25/04/2018 Broker: RBC Capital Markets Rating: Hold New Target: $175.0000 Maintain
26/04/2018 Broker: Macquarie Research Old Rating: Neutral New Rating: Neutral Old Target: $200 New Target: $225 Maintain
26/04/2018 Broker: Stifel Nicolaus Old Rating: Hold New Rating: Hold Old Target: $169 New Target: $235 Maintain
23/04/2018 Broker: Susquehanna Rating: Hold New Target: $196.0000 Maintain
17/04/2018 Broker: BMO Capital Markets Rating: Hold New Target: $210.0000 Maintain
16/04/2018 Broker: Goldman Sachs Old Rating: Sell New Rating: Neutral Upgrade
04/04/2018 Broker: Cowen & Co Old Rating: Underperform New Rating: Market Perform Upgrade
22/02/2018 Broker: RBC Capital Markets Rating: Hold New Target: $162.0 Maintain
22/02/2018 Broker: Credit Suisse Old Rating: Neutral New Rating: Neutral Old Target: $160 New Target: $172 Maintain
08/02/2018 Broker: Macquarie Research Old Rating: Underperform New Rating: Neutral Old Target: $140 Upgrade

Investors sentiment decreased to 1.11 in Q4 2017. Its down 0.04, from 1.15 in 2017Q3. It is negative, as 54 investors sold DAL shares while 267 reduced holdings. 104 funds opened positions while 251 raised stakes. 583.95 million shares or 0.88% less from 589.14 million shares in 2017Q3 were reported. House Ltd Liability Corporation invested in 1.12% or 165,175 shares. Endurance Wealth Mgmt accumulated 75 shares. Moreover, State Of Alaska Department Of Revenue has 0.1% invested in Delta Air Lines, Inc. (NYSE:DAL). Perella Weinberg Partners Cap LP holds 0.27% in Delta Air Lines, Inc. (NYSE:DAL) or 51,312 shares. Fred Alger Management Inc holds 0% or 99 shares in its portfolio. The Pennsylvania-based Muhlenkamp & has invested 2.11% in Delta Air Lines, Inc. (NYSE:DAL). Shelton owns 6,380 shares. Regions Finance Corp stated it has 20,348 shares or 0.01% of all its holdings. Pinebridge Limited Partnership accumulated 27,633 shares. Envestnet Asset Management stated it has 205,772 shares. Gofen & Glossberg Ltd Il holds 11,510 shares. Eulav Asset Mngmt owns 58,000 shares for 0.15% of their portfolio. New Vernon Invest Mgmt Ltd Liability Corporation reported 10,428 shares. Johnson Fincl Grp Inc Inc reported 0.1% in Delta Air Lines, Inc. (NYSE:DAL). Veritable LP owns 23,151 shares.

Since December 15, 2017, it had 1 buy, and 11 insider sales for $17.85 million activity. Bastian Edward H had sold 25,000 shares worth $1.38 million on Friday, April 20. Shares for $1.76 million were sold by HAUENSTEIN GLEN W on Friday, December 15. $2.40M worth of Delta Air Lines, Inc. (NYSE:DAL) was sold by Jacobson Paul A on Friday, December 15. $1.43M worth of Delta Air Lines, Inc. (NYSE:DAL) was sold by Smith Joanne D. BLAKE FRANCIS S had bought 3,350 shares worth $200,193 on Friday, January 12. Shares for $604,333 were sold by Sear Steven M. $504,540 worth of Delta Air Lines, Inc. (NYSE:DAL) was sold by West W Gilbert.

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 76 analyst reports since August 3, 2015 according to SRatingsIntel. Morgan Stanley maintained the stock with “Overweight” rating in Thursday, August 17 report. Cowen & Co maintained Delta Air Lines, Inc. (NYSE:DAL) on Friday, December 15 with “Buy” rating. The rating was maintained by Morgan Stanley with “Overweight” on Friday, February 23. The firm has “In-Line” rating given on Tuesday, November 22 by Imperial Capital. JP Morgan maintained it with “Overweight” rating and $68 target in Wednesday, November 1 report. As per Wednesday, July 6, the company rating was maintained by Cowen & Co. The firm has “Outperform” rating by Cowen & Co given on Thursday, September 28. The rating was maintained by Stifel Nicolaus on Monday, October 23 with “Buy”. The stock has “Outperform” rating by Cowen & Co on Friday, January 13. The firm has “Outperform” rating given on Friday, December 18 by Cowen & Co.

Analysts await Delta Air Lines, Inc. (NYSE:DAL) to report earnings on July, 12. They expect $1.91 EPS, up 16.46% or $0.27 from last year’s $1.64 per share. DAL’s profit will be $1.33B for 6.95 P/E if the $1.91 EPS becomes a reality. After $0.74 actual EPS reported by Delta Air Lines, Inc. for the previous quarter, Wall Street now forecasts 158.11% EPS growth.

More notable recent Delta Air Lines, Inc. (NYSE:DAL) news were published by: 247Wallst.com which released: “United Continental CFO Leaves Instead Of CEO” on May 17, 2018, also Seekingalpha.com with their article: “Delta And Navigating An Oligopoly (Podcast)” published on May 08, 2018, Benzinga.com published: “Analyst: Delta Air Lines Deserves A Higher Valuation” on April 20, 2018. More interesting news about Delta Air Lines, Inc. (NYSE:DAL) were released by: Bizjournals.com and their article: “With two new routes, Frontier Airlines takes on Delta at RDU” published on May 01, 2018 as well as Seekingalpha.com‘s news article titled: “JetBlue Continues Trading At A Large Discount Despite 10% Revenue Growth” with publication date: May 17, 2018.

First Citizens Bank & Trust Co increased Cigna Corporation (NYSE:CI) stake by 3,183 shares to 6,340 valued at $1.29M in 2017Q4. It also upped Ubs Ag London Brh (AMU) stake by 145,617 shares and now owns 281,498 shares. Dte Energy Co (NYSE:DTE) was raised too.

More notable recent The Boston Beer Company, Inc. (NYSE:SAM) news were published by: Seekingalpha.com which released: “Boston Beer rallies after satisfying earnings” on April 26, 2018, also Seekingalpha.com with their article: “Boston Beer Back On Track?” published on April 24, 2018, Fool.com published: “Boston Beer Finally Posts Earnings Worth Cheering About” on May 15, 2018. More interesting news about The Boston Beer Company, Inc. (NYSE:SAM) were released by: Seekingalpha.com and their article: “Boston Beer (SAM) Q1 2018 Results – Earnings Call Transcript” published on April 26, 2018 as well as Fool.com‘s news article titled: “Why Boston Beer Stock Gained 19% in April” with publication date: May 07, 2018.

The Boston Beer Company, Inc. produces and sells alcohol beverages primarily in the United States. The company has market cap of $2.83 billion. The Company’s flagship beer is Samuel Adams Boston Lager. It has a 29.78 P/E ratio. The firm sells approximately 60 beers under the Samuel Adams and the Sam Adams brands; 20 hard cider beverages under the Angry Orchard brand; 13 flavored malt beverages under the Twisted Tea brand; and 4 hard seltzer beverages under the Truly Spiked & Sparkling brand name, as well as approximately 40 beers under A&S Brewing trade name.

Since December 13, 2017, it had 0 insider purchases, and 23 insider sales for $30.06 million activity. 10,000 shares were sold by ROPER MARTIN F, worth $1.89M on Friday, January 19. HEATH TARA L. had sold 64 shares worth $12,090. Geist John C sold $1.53M worth of stock or 8,117 shares. Another trade for 5,000 shares valued at $950,050 was sold by Burwick David A. Shares for $17,569 were sold by Fisher Cheryl. Grinnell David L. sold $225,000 worth of stock or 1,000 shares.

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

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