Knott David M Has Trimmed Its Wp Carey (WPC) Stake by $3.35 Million; Delta Air Lines Del (DAL) Holding Maintained by Seminole Management

June 13, 2018 - By Vivian Park

W. P. Carey Inc. (NYSE:WPC) Logo

Knott David M decreased its stake in Wp Carey (WPC) by 90% based on its latest 2018Q1 regulatory filing with the SEC. Knott David M sold 5,400 shares as the company’s stock rose 7.78% while stock markets declined. The institutional investor held 600 shares of the real estate investment trusts company at the end of 2018Q1, valued at $372,000, down from 6,000 at the end of the previous reported quarter. Knott David M who had been investing in Wp Carey for a number of months, seems to be less bullish one the $7.20 billion market cap company. The stock increased 0.52% or $0.35 during the last trading session, reaching $67.14. About 324,188 shares traded. W. P. Carey Inc. (NYSE:WPC) has risen 1.26% since June 13, 2017 and is uptrending. It has underperformed by 11.31% the S&P500. Some Historical WPC News: 15/03/2018 – W. P. CAREY BOOSTS QTRLY DIV TO $1.015/SHR; 04/05/2018 – WP CAREY SEES FY AFFO/SHR $5.30 TO $5.50, EST. $5.38; 19/03/2018 – W. P. Carey Inc. Appoints Robert J. Flanagan to Board of Directors; 04/05/2018 – W. P. Carey Raises Dividend to $1.015; 15/03/2018 – W. P. CAREY BOOSTS QTRLY DIV TO $1.015/SHR, EST. $1.015/SHR; 04/05/2018 – WP CAREY INC WPC.N SEES FY 2018 ADJUSTED FFO SHR $5.30 TO $5.50; 04/05/2018 – W. P. Carey Sees FY EPS $5.30-EPS $5.50; 25/04/2018 – Eielson AFB: WPC executes milestone Air Force-Army integration exercise; 04/05/2018 – W. P. Carey 1Q EPS 60c; 04/05/2018 – WP CAREY 1Q AFFO/SHR $1.28, EST. $1.32

Michael Messner increased its stake in Delta Air Lines Inc Del (DAL) by 30.06% based on its latest 2018Q1 regulatory filing with the SEC. Seminole Management bought 264,863 shares as the company’s stock rose 2.16% while stock markets declined. The hedge fund run by Michael Messner held 1.15 million shares of the transportation company at the end of 2018Q1, valued at $62.81 million, up from 881,000 at the end of the previous reported quarter. Seminole Management who had been investing in Delta Air Lines Inc Del for a number of months, seems to be bullish on the $38.12B market cap company. The stock decreased 0.62% or $0.34 during the last trading session, reaching $54.55. About 5.25M shares traded. Delta Air Lines, Inc. (NYSE:DAL) has risen 10.85% since June 13, 2017 and is uptrending. It has underperformed by 1.72% the S&P500. Some Historical DAL News: 12/04/2018 – Delta Air 1Q Total Rev Per Available Seat Mile 16.77 Cents; 12/04/2018 – DELTA CEO STILL SEES REACHING PREVIOUS 2018 EPS GUIDANCE; 12/04/2018 – Delta Air Sees FY19 Revenue Growth 4% to 6%; 16/04/2018 – DELTA AIR LINES INC FILES PRELIMINARY PROSPECTUS SUPPLEMENT RELATED TO A POTENTIAL FOUR-PART NOTES OFFERING – SEC FILING; 13/04/2018 – DELTA AIR LINES INC : MACQUARIE SAYS REVENUE AND COST INITIATIVES SHOULD GIVE STREET MORE CONFIDENCE THAT CO WILL BE ABLE TO ACHIEVE ITS 2018 EPS GOAL; 19/03/2018 – DELTA TO CANCEL SOME FLIGHTS AT NY HUBS AHEAD OF NOR’EASTER; 30/05/2018 – DAL CEO: WOULD REDUCE CAPACITY IN AN ECONOMIC DOWNTURN; 13/03/2018 – DELTA SAYS OPERATIONS BACK TO NORMAL IN NEW YORK; 15/05/2018 – France has no plans to reduce stake in Air France-KLM: Elysee adviser; 12/04/2018 – Boeing lost a case that alleged the planes were sold below cost to Delta

Analysts await W. P. Carey Inc. (NYSE:WPC) to report earnings on August, 3. They expect $1.20 EPS, down 13.04% or $0.18 from last year’s $1.38 per share. WPC’s profit will be $128.63M for 13.99 P/E if the $1.20 EPS becomes a reality. After $1.28 actual EPS reported by W. P. Carey Inc. for the previous quarter, Wall Street now forecasts -6.25% negative EPS growth.

Among 7 analysts covering WP Carey & Co LLC (NYSE:WPC), 2 have Buy rating, 1 Sell and 4 Hold. Therefore 29% are positive. WP Carey & Co LLC had 17 analyst reports since August 5, 2015 according to SRatingsIntel. BMO Capital Markets maintained the stock with “Buy” rating in Friday, June 30 report. Zacks upgraded it to “Hold” rating and $63 target in Wednesday, August 26 report. The stock has “Hold” rating by Ladenburg on Friday, November 10. Evercore upgraded the stock to “Hold” rating in Tuesday, February 27 report. The stock of W. P. Carey Inc. (NYSE:WPC) has “Equal Weight” rating given on Thursday, February 11 by Capital One. Citigroup downgraded the shares of WPC in report on Friday, December 11 to “Sell” rating. The rating was maintained by Ladenburg Thalmann on Friday, June 16 with “Hold”. The company was downgraded on Wednesday, August 5 by BMO Capital Markets. The stock has “Underperform” rating by Evercore on Monday, December 11. The stock has “Hold” rating by Ladenburg on Friday, September 1.

More notable recent W. P. Carey Inc. (NYSE:WPC) news were published by: Seekingalpha.com which released: “WP Carey: This 6.3%-Yielding REIT Remains A Strong Buy” on May 23, 2018, also Fool.com with their article: “3 Top Dividend Stocks to Buy in May” published on May 24, 2018, Nasdaq.com published: “Why I Chose to Buy This High-Yield Dividend Stock” on June 06, 2018. More interesting news about W. P. Carey Inc. (NYSE:WPC) were released by: Seekingalpha.com and their article: “WP Carey to expand Nippon Express logistics site in Netherlands” published on June 12, 2018 as well as Seekingalpha.com‘s news article titled: “WP Carey Still An Excellent Dividend Payer” with publication date: May 15, 2018.

Knott David M, which manages about $242.59 million US Long portfolio, upped its stake in Zogenix Inc. by 8,500 shares to 20,000 shares, valued at $801,000 in 2018Q1, according to the filing. It also increased its holding in Upland Software Inc. by 170,000 shares in the quarter, for a total of 350,000 shares, and has risen its stake in Fortress Trans & Infrastructure Inv. Llc.

Since March 12, 2018, it had 2 buys, and 1 insider sale for $334,181 activity. Mahalingam Arjun sold $40,865 worth of stock or 614 shares. On Friday, March 16 the insider Niehaus Christopher bought $249,120.

Investors sentiment decreased to 1.4 in 2018 Q1. Its down 0.01, from 1.41 in 2017Q4. It dropped, as 35 investors sold WPC shares while 89 reduced holdings. 51 funds opened positions while 123 raised stakes. 50.15 million shares or 0.21% less from 50.26 million shares in 2017Q4 were reported. 77,594 were reported by Morgan Dempsey Capital Mngmt Llc. Mckinley Carter Wealth Svcs Inc has invested 0.02% in W. P. Carey Inc. (NYSE:WPC). Nomura Asset Mgmt Limited stated it has 71,200 shares or 0.05% of all its holdings. Gideon Advsr has invested 0.15% in W. P. Carey Inc. (NYSE:WPC). Fdx Advsr has invested 0.01% in W. P. Carey Inc. (NYSE:WPC). Rmb Cap Mgmt Lc holds 23,957 shares. Employees Retirement Association Of Colorado, Colorado-based fund reported 24,465 shares. Schroder Mngmt Gp owns 17,107 shares or 0% of their US portfolio. Atlantic Trust Group Limited Company accumulated 27,373 shares. Pring Turner Gp stated it has 34,125 shares or 2.2% of all its holdings. The Alaska-based State Of Alaska Department Of Revenue has invested 0.08% in W. P. Carey Inc. (NYSE:WPC). Moreover, Maple Capital Management has 0.37% invested in W. P. Carey Inc. (NYSE:WPC). Greenleaf reported 4,488 shares or 0.01% of all its holdings. Fuller And Thaler Asset invested in 0% or 1,400 shares. Utah Retirement Systems owns 25,022 shares or 0.03% of their US portfolio.

More notable recent Delta Air Lines, Inc. (NYSE:DAL) news were published by: Fool.com which released: “American Airlines Wants to Be More Like Delta — but It’s Not Doing It Right” on May 31, 2018, also Nasdaq.com with their article: “Recent Analysis Shows Conagra Brands, Ekso Bionics, Triton International, Taubman Centers, Delta Air Lines, and …” published on June 11, 2018, Benzinga.com published: “Delta Jolted By Significant Guidance Dip” on June 06, 2018. More interesting news about Delta Air Lines, Inc. (NYSE:DAL) were released by: Bizjournals.com and their article: “Delta responds to reports of symptomatic reactions to new uniforms” published on June 06, 2018 as well as Fool.com‘s news article titled: “Delta Air Lines, Inc. Is Returning to India” with publication date: May 27, 2018.

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 79 analyst reports since August 3, 2015 according to SRatingsIntel. The stock of Delta Air Lines, Inc. (NYSE:DAL) has “Buy” rating given on Monday, July 10 by Cowen & Co. Bernstein upgraded the shares of DAL in report on Monday, February 6 to “Outperform” rating. Cowen & Co maintained Delta Air Lines, Inc. (NYSE:DAL) on Tuesday, April 3 with “Buy” rating. The stock has “Overweight” rating by Morgan Stanley on Monday, November 13. Morgan Stanley maintained Delta Air Lines, Inc. (NYSE:DAL) on Thursday, April 12 with “Overweight” rating. As per Tuesday, September 1, the company rating was upgraded by Deutsche Bank. The stock of Delta Air Lines, Inc. (NYSE:DAL) earned “Buy” rating by Argus Research on Wednesday, January 13. The firm earned “Buy” rating on Monday, January 8 by Cowen & Co. Cowen & Co maintained Delta Air Lines, Inc. (NYSE:DAL) rating on Thursday, September 28. Cowen & Co has “Outperform” rating and $58 target. On Monday, October 23 the stock rating was maintained by Stifel Nicolaus with “Buy”.

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

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