As Delta Air Lines Del (DAL) Stock Value Declined, Knighthead Capital Management Decreased Its Stake; Honeywell Intl (HON) Shareholder Dynamic Capital Management LTD Has Lowered Position as Stock Rose

December 18, 2017 - By Winifred Garcia

Tom Wagner decreased its stake in Delta Air Lines Inc Del (DAL) by 57.23% based on its latest 2017Q2 regulatory filing with the SEC. Knighthead Capital Management Llc sold 313,626 shares as the company’s stock declined 5.91% while stock markets rallied. The hedge fund run by Tom Wagner held 234,374 shares of the transportation company at the end of 2017Q2, valued at $12.60 million, down from 548,000 at the end of the previous reported quarter. Knighthead Capital Management Llc who had been investing in Delta Air Lines Inc Del for a number of months, seems to be less bullish one the $39.84 billion market cap company. The stock increased 1.54% or $0.85 during the last trading session, reaching $56.1. About 14.38 million shares traded or 114.00% up from the average. Delta Air Lines, Inc. (NYSE:DAL) has risen 11.83% since December 18, 2016 and is uptrending. It has underperformed by 4.87% the S&P500.

Dynamic Capital Management Ltd decreased its stake in Honeywell Intl Inc (HON) by 77.98% based on its latest 2017Q2 regulatory filing with the SEC. Dynamic Capital Management Ltd sold 28,073 shares as the company’s stock rose 5.49% with the market. The hedge fund held 7,926 shares of the o.e.m. company at the end of 2017Q2, valued at $1.06 million, down from 35,999 at the end of the previous reported quarter. Dynamic Capital Management Ltd who had been investing in Honeywell Intl Inc for a number of months, seems to be less bullish one the $116.74 billion market cap company. The stock increased 0.67% or $1.02 during the last trading session, reaching $154.25. About 4.29 million shares traded or 59.63% up from the average. Honeywell International Inc. (NYSE:HON) has risen 17.66% since December 18, 2016 and is uptrending. It has outperformed by 0.96% the S&P500.

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 62 analyst reports since August 3, 2015 according to SRatingsIntel. Stifel Nicolaus maintained Delta Air Lines, Inc. (NYSE:DAL) on Sunday, August 20 with “Buy” rating. Imperial Capital maintained the stock with “In-Line” rating in Tuesday, November 22 report. As per Thursday, March 16, the company rating was upgraded by Evercore. The stock of Delta Air Lines, Inc. (NYSE:DAL) has “Buy” rating given on Monday, August 14 by Cowen & Co. The firm earned “Buy” rating on Wednesday, July 5 by Stifel Nicolaus. Raymond James maintained the shares of DAL in report on Thursday, December 14 with “Buy” rating. The rating was maintained by Morgan Stanley on Monday, November 13 with “Overweight”. The firm earned “Overweight” rating on Thursday, August 17 by Morgan Stanley. On Friday, July 15 the stock rating was downgraded by Evercore to “Hold”. The company was maintained on Wednesday, September 6 by Deutsche Bank.

Investors sentiment decreased to 0.98 in Q2 2017. Its down 0.10, from 1.08 in 2017Q1. It turned negative, as 71 investors sold DAL shares while 275 reduced holdings. 90 funds opened positions while 249 raised stakes. 608.49 million shares or 1.51% less from 617.83 million shares in 2017Q1 were reported. Muhlenkamp & Communication has 2.22% invested in Delta Air Lines, Inc. (NYSE:DAL) for 132,150 shares. M&R Capital Mngmt holds 0% or 107 shares in its portfolio. Carroll Assocs Inc reported 290 shares. Marianas Fund Mngmt Limited Liability Co holds 40,800 shares. Brown Advisory holds 0.03% or 182,808 shares in its portfolio. E&G Advisors Limited Partnership stated it has 74,491 shares. Rockefeller Inc holds 1,100 shares or 0% of its portfolio. British Columbia Inv Corp holds 0.09% or 214,053 shares in its portfolio. Patten Patten Tn has 1.68% invested in Delta Air Lines, Inc. (NYSE:DAL). Massachusetts-based Acadian Asset Lc has invested 0% in Delta Air Lines, Inc. (NYSE:DAL). Valley National Advisers Incorporated stated it has 600 shares or 0.01% of all its holdings. Palladium Prtnrs Ltd Limited Liability Company has 89,563 shares for 0.38% of their portfolio. 53,781 are held by Meeder Asset Incorporated. Zurcher Kantonalbank (Zurich Cantonalbank) has 0.06% invested in Delta Air Lines, Inc. (NYSE:DAL). Berkshire Hathaway reported 1.76% in Delta Air Lines, Inc. (NYSE:DAL).

Since October 12, 2017, it had 0 buys, and 3 selling transactions for $10.63 million activity. $1.82M worth of Delta Air Lines, Inc. (NYSE:DAL) shares were sold by Smith Joanne D. $8.45M worth of stock was sold by Bastian Edward H on Thursday, October 12.

Analysts await Delta Air Lines, Inc. (NYSE:DAL) to report earnings on January, 11. They expect $1.03 EPS, up 25.61% or $0.21 from last year’s $0.82 per share. DAL’s profit will be $731.50 million for 13.62 P/E if the $1.03 EPS becomes a reality. After $1.57 actual EPS reported by Delta Air Lines, Inc. for the previous quarter, Wall Street now forecasts -34.39% negative EPS growth.

Among 21 analysts covering Honeywell International Inc. (NYSE:HON), 17 have Buy rating, 0 Sell and 4 Hold. Therefore 81% are positive. Honeywell International Inc. had 80 analyst reports since July 30, 2015 according to SRatingsIntel. RBC Capital Markets maintained Honeywell International Inc. (NYSE:HON) rating on Monday, October 10. RBC Capital Markets has “Outperform” rating and $133 target. The firm has “Equal-Weight” rating by Barclays Capital given on Monday, April 18. The company was maintained on Monday, October 23 by Credit Suisse. The stock has “Buy” rating by Cowen & Co on Tuesday, September 12. RBC Capital Markets maintained the shares of HON in report on Friday, August 25 with “Buy” rating. The company was maintained on Monday, April 24 by Credit Suisse. The stock of Honeywell International Inc. (NYSE:HON) has “Buy” rating given on Thursday, September 28 by RBC Capital Markets. On Thursday, August 24 the stock rating was maintained by Stifel Nicolaus with “Buy”. The stock has “Buy” rating by Robert W. Baird on Wednesday, October 11. The rating was initiated by Citigroup with “Buy” on Thursday, January 21.

Analysts await Honeywell International Inc. (NYSE:HON) to report earnings on January, 26. They expect $1.85 earnings per share, up 6.32% or $0.11 from last year’s $1.74 per share. HON’s profit will be $1.40B for 20.84 P/E if the $1.85 EPS becomes a reality. After $1.75 actual earnings per share reported by Honeywell International Inc. for the previous quarter, Wall Street now forecasts 5.71% EPS growth.

Since August 2, 2017, it had 0 insider buys, and 3 sales for $48.58 million activity. Deily Linnet F sold $601,514 worth of Honeywell International Inc. (NYSE:HON) on Monday, August 7. 341,701 shares were sold by Mahoney Timothy O., worth $47.18 million.

Investors sentiment decreased to 0.96 in Q2 2017. Its down 0.08, from 1.04 in 2017Q1. It worsened, as 58 investors sold HON shares while 492 reduced holdings. 104 funds opened positions while 426 raised stakes. 562.97 million shares or 0.95% less from 568.40 million shares in 2017Q1 were reported. Private Asset Mngmt invested 0.11% of its portfolio in Honeywell International Inc. (NYSE:HON). Sky Investment Grp holds 0.23% of its portfolio in Honeywell International Inc. (NYSE:HON) for 4,100 shares. Benjamin F Edwards And Inc holds 0.04% or 2,345 shares. Doheny Asset Ca stated it has 4,000 shares or 0.25% of all its holdings. Trust Of Virginia Va invested in 2,142 shares. Boys Arnold And Com accumulated 4,967 shares. Federated Investors Inc Pa reported 16,280 shares. Public Employees Retirement Association Of Colorado holds 1.38M shares. Blb&B Advsr Llc has 0.59% invested in Honeywell International Inc. (NYSE:HON). Lee Danner And Bass Inc has 0.34% invested in Honeywell International Inc. (NYSE:HON) for 23,001 shares. Public Employees Retirement Sys Of Ohio stated it has 0.4% of its portfolio in Honeywell International Inc. (NYSE:HON). Dynamic Cap Mgmt Limited has 7,926 shares for 0.24% of their portfolio. Jones Collombin Counsel invested in 1.4% or 30,475 shares. Oakbrook Limited Liability Company stated it has 33,335 shares or 0.29% of all its holdings. Boston holds 0.09% of its portfolio in Honeywell International Inc. (NYSE:HON) for 560,197 shares.

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