Capital Management Has Lowered Its Delta Air Lines Del (DAL) Position as Stock Declined; Palo Alto Networks (PANW) Shareholder Sphera Funds Management LTD Lowered Its Position by $684,000

April 22, 2018 - By Linda Rogers

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

Sphera Funds Management Ltd decreased its stake in Palo Alto Networks Inc (PANW) by 22.83% based on its latest 2017Q4 regulatory filing with the SEC. Sphera Funds Management Ltd sold 4,750 shares as the company’s stock rose 22.78% while stock markets declined. The institutional investor held 16,055 shares of the technology company at the end of 2017Q4, valued at $2.33M, down from 20,805 at the end of the previous reported quarter. Sphera Funds Management Ltd who had been investing in Palo Alto Networks Inc for a number of months, seems to be less bullish one the $17.64 billion market cap company. The stock increased 0.03% or $0.05 during the last trading session, reaching $192.07. About 970,483 shares traded. Palo Alto Networks, Inc. (NYSE:PANW) has risen 60.50% since April 22, 2017 and is uptrending. It has outperformed by 48.95% the S&P500.

Capital Management Corp decreased its stake in Delta Air Lines Inc Del (DAL) by 25.39% based on its latest 2017Q4 regulatory filing with the SEC. Capital Management Corp sold 59,975 shares as the company’s stock declined 3.16% with the market. The institutional investor held 176,235 shares of the transportation company at the end of 2017Q4, valued at $9.87M, down from 236,210 at the end of the previous reported quarter. Capital Management Corp who had been investing in Delta Air Lines Inc Del for a number of months, seems to be less bullish one the $38.74 billion market cap company. The stock increased 0.60% or $0.33 during the last trading session, reaching $55.4. About 7.45M shares traded. Delta Air Lines, Inc. (NYSE:DAL) has risen 17.70% since April 22, 2017 and is uptrending. It has outperformed by 6.15% the S&P500.

Since December 15, 2017, it had 0 buys, and 13 selling transactions for $53.90 million activity. ZUK NIR sold $5.45M worth of stock or 30,000 shares. 2,000 shares valued at $318,000 were sold by MERESMAN STANLEY J on Tuesday, January 23.

Sphera Funds Management Ltd, which manages about $852.23M US Long portfolio, upped its stake in Prothena Corp Plc (NASDAQ:PRTA) by 145,000 shares to 205,000 shares, valued at $7.69M in 2017Q4, according to the filing. It also increased its holding in Deciphera Pharmaceuticals In by 149,154 shares in the quarter, for a total of 224,154 shares, and has risen its stake in Tesaro Inc (NASDAQ:TSRO).

Analysts await Palo Alto Networks, Inc. (NYSE:PANW) to report earnings on May, 30. They expect $-0.13 earnings per share, up 74.51% or $0.38 from last year’s $-0.51 per share. After $-0.40 actual earnings per share reported by Palo Alto Networks, Inc. for the previous quarter, Wall Street now forecasts -67.50% EPS growth.

Investors sentiment increased to 1.22 in Q4 2017. Its up 0.06, from 1.16 in 2017Q3. It improved, as 36 investors sold PANW shares while 160 reduced holdings. 87 funds opened positions while 152 raised stakes. 70.89 million shares or 1.01% more from 70.19 million shares in 2017Q3 were reported. Raymond James Fin Services Advisors reported 0.04% in Palo Alto Networks, Inc. (NYSE:PANW). Kornitzer Mngmt Ks holds 16,210 shares or 0.04% of its portfolio. Schwab Charles Invest Mngmt owns 0.02% invested in Palo Alto Networks, Inc. (NYSE:PANW) for 169,167 shares. Amica Retiree Medical Trust holds 875 shares. Hamilton Lane Advsr Lc holds 0.95% or 12,711 shares in its portfolio. Victory Capital Mgmt reported 0.08% in Palo Alto Networks, Inc. (NYSE:PANW). Raymond James holds 141,758 shares. Choate Inv Advisors owns 0.02% invested in Palo Alto Networks, Inc. (NYSE:PANW) for 2,053 shares. Ubs Asset Americas Incorporated stated it has 0.03% in Palo Alto Networks, Inc. (NYSE:PANW). Eventide Asset Mgmt Ltd Liability Corp stated it has 0.68% in Palo Alto Networks, Inc. (NYSE:PANW). Wesbanco Retail Bank Inc accumulated 19,708 shares. Principal Fincl Group Incorporated Inc has 4,203 shares. 240,560 are held by First Advisors Ltd Partnership. B And T Cap Mgmt Dba Alpha Cap Mgmt has 9,400 shares for 0.64% of their portfolio. 37,595 were reported by Apg Asset Mgmt Nv.

Among 53 analysts covering Palo Alto Networks (NYSE:PANW), 44 have Buy rating, 2 Sell and 7 Hold. Therefore 83% are positive. Palo Alto Networks had 206 analyst reports since July 22, 2015 according to SRatingsIntel. Cowen & Co maintained Palo Alto Networks, Inc. (NYSE:PANW) on Wednesday, September 27 with “Buy” rating. BMO Capital Markets maintained Palo Alto Networks, Inc. (NYSE:PANW) on Thursday, October 5 with “Hold” rating. The company was maintained on Tuesday, February 27 by Stephens. The stock has “Market Perform” rating by BMO Capital Markets on Thursday, June 1. The firm earned “Buy” rating on Thursday, June 1 by Maxim Group. As per Tuesday, February 27, the company rating was maintained by Northland Capital. The firm has “Outperform” rating given on Tuesday, September 5 by Imperial Capital. As per Friday, September 1, the company rating was upgraded by JP Morgan. The firm earned “Hold” rating on Thursday, June 15 by Evercore. The company was downgraded on Wednesday, March 1 by UBS.

Analysts await Delta Air Lines, Inc. (NYSE:DAL) to report earnings on July, 12. They expect $1.91 earnings per share, up 16.46% or $0.27 from last year’s $1.64 per share. DAL’s profit will be $1.34B for 7.25 P/E if the $1.91 EPS becomes a reality. After $0.74 actual earnings per share reported by Delta Air Lines, Inc. for the previous quarter, Wall Street now forecasts 158.11% EPS growth.

Capital Management Corp, which manages about $401.58 million and $368.42 million US Long portfolio, upped its stake in Sanfilippo John B & Son Inc (NASDAQ:JBSS) by 10,125 shares to 118,991 shares, valued at $7.53 million in 2017Q4, according to the filing. It also increased its holding in Supernus Pharmaceuticals Inc (NASDAQ:SUPN) by 23,220 shares in the quarter, for a total of 134,820 shares, and has risen its stake in Norwegian Cruise Line Hldgs (NASDAQ:NCLH).

Since December 15, 2017, it had 1 buying transaction, and 10 sales for $16.46 million activity. $948,750 worth of Delta Air Lines, Inc. (NYSE:DAL) was sold by West W Gilbert on Wednesday, April 18. Sear Steven M sold 10,783 shares worth $604,333. Jacobson Paul A sold $2.40M worth of Delta Air Lines, Inc. (NYSE:DAL) on Friday, December 15. BLAKE FRANCIS S also bought $200,193 worth of Delta Air Lines, Inc. (NYSE:DAL) on Friday, January 12. 73,211 shares were sold by Bastian Edward H, worth $4.10 million. $1.76 million worth of Delta Air Lines, Inc. (NYSE:DAL) shares were sold by HAUENSTEIN GLEN W.

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. The stock of Delta Air Lines, Inc. (NYSE:DAL) has “Buy” rating given on Thursday, March 29 by Stephens. On Friday, January 12 the stock rating was maintained by Imperial Capital with “Buy”. Evercore upgraded Delta Air Lines, Inc. (NYSE:DAL) on Thursday, March 16 to “Outperform” rating. Raymond James maintained Delta Air Lines, Inc. (NYSE:DAL) rating on Thursday, December 14. Raymond James has “Buy” rating and $66.0 target. Evercore downgraded the stock to “Hold” rating in Friday, July 15 report. Deutsche Bank maintained the stock with “Buy” rating in Friday, July 14 report. The stock of Delta Air Lines, Inc. (NYSE:DAL) has “Outperform” rating given on Thursday, September 28 by Cowen & Co. Stifel Nicolaus maintained the shares of DAL in report on Wednesday, January 10 with “Buy” rating. The firm earned “Buy” rating on Wednesday, January 13 by Argus Research. The firm has “Hold” rating by Imperial Capital given on Tuesday, July 11.

Investors sentiment decreased to 1.11 in 2017 Q4. 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. Compton Capital Management Inc Ri stated it has 21,385 shares. Rwc Asset Management Limited Liability Partnership has invested 0.49% of its portfolio in Delta Air Lines, Inc. (NYSE:DAL). Lederer Invest Counsel Ca invested in 34,130 shares. Proshare Advisors Ltd Liability Corporation invested in 0.03% or 90,020 shares. Guardian Life Co Of America owns 0.03% invested in Delta Air Lines, Inc. (NYSE:DAL) for 2,156 shares. Westpac reported 134,522 shares or 0.17% of all its holdings. Wells Fargo And Co Mn holds 0.09% of its portfolio in Delta Air Lines, Inc. (NYSE:DAL) for 5.30M shares. Alleghany De has 0.45% invested in Delta Air Lines, Inc. (NYSE:DAL) for 270,000 shares. Shell Asset Communication holds 15,849 shares. Whittier Of Nevada stated it has 0% in Delta Air Lines, Inc. (NYSE:DAL). Ubs Oconnor Lc has 375,177 shares. Pinnacle Assoc Ltd holds 228,217 shares. First Citizens Savings Bank And Trust Company holds 0.13% of its portfolio in Delta Air Lines, Inc. (NYSE:DAL) for 17,243 shares. Gsa Cap Prns Llp owns 4,015 shares or 0.01% of their US portfolio. Greenleaf has invested 0% in Delta Air Lines, Inc. (NYSE:DAL).

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

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