Published: Thu, April 12, 2018
Business | By Kate Woods

$676 million: Delta Air Lines announces March 2018 quarter profit

$676 million: Delta Air Lines announces March 2018 quarter profit

Investors sentiment decreased to 1.11 in Q4 2017. Its down 0.04, from 1.15 in 2017Q3. Stifel Nicolaus upped their price objective on shares of Delta Air Lines from $90.00 to $100.00 and gave the stock a "buy" rating in a research report on Thursday, April 5th. 583.95 million shares or 0.88% less from 589.14 million shares in 2017Q3 were reported.

NYSE:DAL - Delta Air Lines (NYSE:DAL) has insider ownership of 0.37% and institutional ownership of 87.57%.

NYSE DAL opened at $51.47 on Thursday.

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Da Davidson reported 7,006 shs.

If investors are looking for a solid dividend stock with upside potential, Citizens Financial Group, Inc. (NYSE:DAL) stock price has moved around 3% higher today after the company released an update for the March quarter. (NYSE:DAL) or 86,300 shares. Zweig stated it has 179,398 shs or 1.09% of all its holdings. Sumitomo Mitsui Asset Management Company LTD raised its stake in shares of Delta Air Lines by 0.4% in the second quarter.

Delta Air Lines (NYSE:DAL) last announced its earnings results on Thursday, April 12th. Old Mutual Customised Solutions (Proprietary) stated it has 0.05% of its portfolio in Delta Air Lines, Inc. (NYSE:DAL). Burney holds 0.08% or 25,035 shs in its capital. (NYSE:DAL) shs were sold by Sear Steven M. HAUENSTEIN GLEN W had sold 31,600 shs worth $1.76M. Westpac Banking Corp boosted its stake in shares of Delta Air Lines by 16.5% during the 4th quarter. (NYSE:DAL) shs with value of $1.89 million were sold by Jacobson Paul A. Clearbridge Invs Limited Liability Co has invested 0.21% in Sysco Corporation (NYSE:SYY).

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Revenue climbed 9.5 percent, to $9.97 billion, also beating analysts' expectations. $604,333 worth of Delta Air Lines, Inc. (NYSE:DAL). Commonwealth Bancshares Of Australia owns 301,568 shares for 0.17% of their portfolio. Another trade for 3,350 shares valued at $200,193 was bought by BLAKE FRANCIS S. Baker Ellis Asset Management LLC now owns 6,885 shares of the company's stock worth $251,000 after buying an additional 1,700 shares in the last quarter. One investment analyst has rated the stock with a sell rating, four have given a hold rating, fifteen have issued a buy rating and one has assigned a strong buy rating to the company's stock. (NYSE:DAL) with "Buy" rating. Delta Air Lines has a consensus rating of "Buy" and an average target price of $55.76. ValuEngine cut Delta Air Lines from a strong-buy rating to a buy rating in a research report on Monday, April 2nd. (NYSE:DAL) rating. Morgan Stanley has "Overweight" rating and $64 target. The firm has "Outperform" rating by Credit Suisse given on Tuesday, April 12. The rating was maintained by Stephens on Monday, January 8 with "Buy". The firm earned "Buy" rating on Friday, December 15 by Cowen & Co. On Wednesday, January 10 Bernstein maintained the shares of DAL in report with "Buy" rating. HSBC upgraded SAP SE (NYSE:SAP) on Wednesday, October 14 to "Buy" rating. On Wednesday, November 1 JP Morgan maintained Delta Air Lines, Inc. (NYSE:DAL) PTs and latest ratings. On Monday, March 19 the rating was maintained by Morgan Stanley with "Overweight". Imperial Capital's price target indicates a potential upside of 9.75% from the company's previous close. Listed here are Delta Air Lines, Inc. (NYSE:DAL). Cetera Advisor Ltd Liability Co holds 29,323 shs. Of all companies tracked, Delta Air Lines had the 9th highest net in-flow for the day. Diversified Trust Co now owns 6,456 shares of the transportation company's stock valued at $362,000 after buying an additional 844 shares during the period.

Delta Air Lines, Inc. provides scheduled air transportation for passengers and cargo in the United States and internationally.The firm is worth $36.80 billion. The airline company's operating income for the same period of the year prior was $999 million. The Company's route network is centered around a system of hubs, global gateways, and airports in Amsterdam, Atlanta, Boston, Detroit, London-Heathrow, Los Angeles, Minneapolis-St.

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