American Superconductor (AMSC) Reaches $4.07 After 8.00% Down Move, Leuthold Group Lowered By $1.35 Million Its Delta Air Lines (DAL) Position

May 25, 2017 - By Michael Collier

Leuthold Group Llc decreased Delta Air Lines Inc. (DAL) stake by 10.9% reported in 2016Q4 SEC filing. Leuthold Group Llc sold 27,497 shares as Delta Air Lines Inc. (DAL)’s stock declined 5.91%. The Leuthold Group Llc holds 224,806 shares with $11.06 million value, down from 252,303 last quarter. Delta Air Lines Inc. now has $36.76 billion valuation. The stock rose 1.62% or $0.79 reaching $49.66. About 1.61 million shares traded. Delta Air Lines, Inc. (NYSE:DAL) has risen 11.83% since May 25, 2016 and is uptrending. It has underperformed by 4.87% the S&P500.

The stock of American Superconductor Corporation (NASDAQ:AMSC) is a huge mover today! About 83,753 shares traded. American Superconductor Corporation (NASDAQ:AMSC) has declined 61.56% since May 25, 2016 and is downtrending. It has underperformed by 78.26% the S&P500.The move comes after 8 months negative chart setup for the $56.77 million company. It was reported on May, 25 by Barchart.com. We have $3.74 PT which if reached, will make NASDAQ:AMSC worth $4.54M less.

Analysts await American Superconductor Corporation (NASDAQ:AMSC) to report earnings on May, 30. They expect $-0.59 EPS, down 73.53% or $0.25 from last year’s $-0.34 per share. After $-0.24 actual EPS reported by American Superconductor Corporation for the previous quarter, Wall Street now forecasts 145.83% negative EPS growth.

Among 4 analysts covering American Superconductor (NASDAQ:AMSC), 4 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. American Superconductor had 4 analyst reports since January 13, 2016 according to SRatingsIntel. H.C. Wainwright initiated it with “Buy” rating and $10 target in Wednesday, January 13 report. The company was initiated on Thursday, May 19 by FBR Capital. Rodman & Renshaw initiated the stock with “Buy” rating in Wednesday, January 13 report. On Tuesday, June 21 the stock rating was initiated by Oppenheimer with “Outperform”.

American Superconductor Corporation is a well-known provider of megawatt-scale solutions. The company has market cap of $56.77 million. The Firm operates through two divisions: Wind and Grid. It currently has negative earnings. Through the Company’s Windtec Solutions brand, the Wind business segment enables manufacturers to field wind turbines.

Investors sentiment decreased to 0.73 in 2016 Q4. Its down 0.01, from 0.74 in 2016Q3. It dived, as 68 investors sold DAL shares while 333 reduced holdings. 106 funds opened positions while 185 raised stakes. 621.67 million shares or 4.90% more from 592.62 million shares in 2016Q3 were reported. Rothschild Asset Mgmt Incorporated accumulated 1.09 million shares. Alabama-based Andra Ap has invested 0.09% in Delta Air Lines, Inc. (NYSE:DAL). Ajo LP owns 2.97 million shares. Calamos Advisors Ltd owns 818,723 shares for 0.32% of their portfolio. Moreover, Oz Lp has 2.03% invested in Delta Air Lines, Inc. (NYSE:DAL). Utd Services Automobile Association holds 341,962 shares. Jpmorgan Chase And, a New York-based fund reported 33.63 million shares. Us Retail Bank De reported 1.21M shares. New Vernon Investment Mngmt Ltd Liability Company owns 1.17% invested in Delta Air Lines, Inc. (NYSE:DAL) for 17,031 shares. Community Retail Bank Na accumulated 25 shares. Blackrock Institutional Trust Co Na has invested 0.14% in Delta Air Lines, Inc. (NYSE:DAL). 52,500 are owned by First Pacific Advsrs. Apg Asset Management Nv owns 0.38% invested in Delta Air Lines, Inc. (NYSE:DAL) for 4.32 million shares. Sg Americas Secs Ltd Liability Com reported 158,159 shares. Amp Investors Limited owns 271,345 shares or 0.08% of their US portfolio.

Analysts await Delta Air Lines, Inc. (NYSE:DAL) to report earnings on July, 13. They expect $1.58 EPS, up 7.48% or $0.11 from last year’s $1.47 per share. DAL’s profit will be $1.17B for 7.86 P/E if the $1.58 EPS becomes a reality. After $0.77 actual EPS reported by Delta Air Lines, Inc. for the previous quarter, Wall Street now forecasts 105.19% EPS growth.

Among 15 analysts covering Delta Air Lines (NYSE:DAL), 14 have Buy rating, 0 Sell and 1 Hold. Therefore 93% are positive. Delta Air Lines had 37 analyst reports since August 3, 2015 according to SRatingsIntel. The firm has “Hold” rating by Evercore given on Friday, July 15. The firm has “Buy” rating given on Friday, November 18 by Citigroup. The company was maintained on Wednesday, January 13 by Argus Research. Imperial Capital maintained it with “In-Line” rating and $52 target in Tuesday, November 22 report. The rating was maintained by Cowen & Co on Wednesday, July 6 with “Outperform”. The rating was downgraded by Deutsche Bank on Friday, April 1 to “Hold”. The stock of Delta Air Lines, Inc. (NYSE:DAL) has “Buy” rating given on Friday, July 15 by Deutsche Bank. As per Friday, December 9, the company rating was maintained by Cowen & Co. Cowen & Co maintained the shares of DAL in report on Friday, December 18 with “Outperform” rating. The rating was maintained by Evercore with “Outperform” on Friday, April 7.