The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.
In midday trading, shares of Delta rose $1.72, or 3.9 percent, to $45.46. A total of 8.02 million shares of the company’s stock traded hands. On Jan 23, 2015, the shares registered one year high at $51.06 and the one year low was seen on October 13, 2014. The company has a market cap of $34,823 million and the number of outstanding shares have been calculated to be 795,398,000 shares.
The company’s 50 day moving average price is $45.05 and its 200 day moving average price is $44.33. During the same quarter a year ago, the business earned $1.04 earnings per share.
China Eastern Airlines and Delta Air Lines have finalized a partnership agreement unveiled in July to strengthen codeshare cooperation and extend network coverage. Investors of record on Friday, August 7th were issued a $0.135 dividend.
Mr. Linenberg says recent volatility in fuel price presents both an upside as well as downside risk; this is so because a 10% increase or decrease in price casts a $0.55 influence on his FY15 EPS. The ex-dividend date of this dividend was Wednesday, August 5th. This is a positive change from Delta Air Lines’s previous quarterly dividend of $0.09. (NYSE:DAL) and has ranked it at 3, indicating that for the short term the shares are a hold. Morgan Stanley announces the current price target of $65 per share on Delta Air Lines, Inc.
Today, the President of Delta Air Lines, Inc. Imperial Capital set a $69.00 target price on shares of Delta Air Lines and gave the stock a “buy” rating in a report on Wednesday, May 13th. Finally, Wolfe Research raised Delta Air Lines from a “peer perform” rating to an “outperform” rating and set a $62.00 target price for the company in a research note on Friday, June 19th. This is the consensus analyst rating on the stock based on an arithmetical average of the 12 ratings given by the brokerage analysts covering the company. The company presently has an average rating of “Buy” and a consensus target price of $56.90. (NYSE:DAL): On Wednesday heightened volatility was witnessed in Delta Air Lines, Inc. (Delta) provides scheduled air transportation for passengers and cargo throughout the United States and around the world. The Business ‘s route network is centered on a system of hub and worldwide gateway airports that it runs in Amsterdam, Atlanta, Detroit, La, Minneapolis-St. Paul, New York-JFK, Paris-Charles de Gaulle, Salt Lake City and Tokyo-Narita. The segments of the Company’s contain its Airline section and Refinery segment.