DELTA ( DAL NYSE ) - IS READY TO FLY

Berkshire Hathaway Inc Buys $265 Million More of Delta Air Lines, Inc. (DAL) Stock

Top Analsyst Says BUY Delta Air - Raises Target To $83

Good Life Networks - TRADING BREAKOUT

This stock is ready to rumble . A breakout above $52 would set the stage for a quick test of $61.00. The stock is coming off of a 52 week low of $45. Eight analysts hold DAL as a STRONG BUY . Several Funds have added to their positions including Warren Buffetts Berkshire Hathaway . Serious investors should place these shares on their BUY LIST breaking on closing above $52.  Hidden Value - 6.5% Dividend - REIT

Volkswagen VS Tesla - Peoples Car Of Electric Age - Deutsche Commerz Merger - Creates Giant Bank


Merger Mania Strikes Gold Miners - Cannabis Science Powers Ahead - Tilray Reports Q4

Delta Air Lines, Inc. (NYSE:DAL) major shareholder Berkshire Hathaway Inc purchased 2,345,077 shares of the stock in a transaction that occurred on Friday, March 8th. The stock was bought at an average cost of $49.37 per share, with a total value of $265 Million The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Major shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.  Martha Stewart Joins The CBD Parade

 CNBC Buffett Watch     Facebooks New Identity Crisis

Warren Buffett’s Berkshire Hathaway Just Bought Even More Delta Stock

Goldman Sachs Money Machine Venture Fund     Oil And Water Dont Mix Or Do They  -  Med Device Company Does It

DAL stock recently topped $50 .The company has a quick ratio of 0.28, a current ratio of 0.34 and a debt-to-equity ratio of 1.03. The firm has a market cap of $33.67 billion, a PE ratio of 8.78, a PEG ratio of 0.60 and a beta of 1.11. Delta Air Lines, Inc. has a fifty-two week low of $45.08 and a fifty-two week high of $61.32.

Tesla - Consumer Reports Downgrade  - Here Is Why

Delta Air Lines (NYSE:DAL) last issued its quarterly earnings data on Tuesday, January 15th. The transportation company reported $1.30 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.27 by $0.03. The business had revenue of $10.74 billion for the quarter, compared to analysts’ expectations of $10.71 billion. Delta Air Lines had a return on equity of 29.42% and a net margin of 8.78%. The firm’s quarterly revenue was up 5.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.96 EPS. On average, equities analysts forecast that Delta Air Lines, Inc. will post 6.5 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 22nd. Investors of record on Friday, March 1st will be issued a dividend of $0.35 per share. The ex-dividend date of this dividend is Thursday, February 28th. This represents a $1.40 dividend on an annualized basis and a yield of 2.82%. Delta Air Lines’s dividend payout ratio (DPR) is 24.78%.

PRICE TARGETS RAISED

A number of research firms recently commented on DAL. Imperial Capital increased their price target on Delta Air Lines from $76.00 to $83.00 and gave the company an “outperform” rating in a research report on Tuesday, December 4th. Citigroup increased their price target on Delta Air Lines from $64.00 to $68.00 and gave the company a “buy” rating in a research report on Thursday, November 29th. Susquehanna Bancshares began coverage on Delta Air Lines in a research report on Wednesday, November 28th. They issued a “positive” rating and a $69.00 price target for the company. Goldman Sachs Group began coverage on Delta Air Lines in a research report on Monday, November 12th. They issued a “neutral” rating and a $64.00 price target for the company. Finally, Credit Suisse Group began coverage on Delta Air Lines in a research report on Monday, November 19th. They issued an “outperform” rating and a $71.00 price target for the company. Six investment analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company. Delta Air Lines has a consensus rating of “Buy” and a consensus target price of $66.60. 

CNBC Berkshire Hathaway Portfolio Tracker

HEDGE FUNDS ALL RAISING POSITIONS IN DELTA

Institutional investors and hedge funds have recently modified their holdings of the stock. South Texas Money Management Ltd. raised its holdings in shares of Delta Air Lines by 5.8% in the 4th quarter. South Texas Money Management Ltd. now owns 652,197 shares of the transportation company’s stock valued at $32,545,000 after acquiring an additional 35,740 shares in the last quarter. Putnam Investments LLC raised its holdings in shares of Delta Air Lines by 0.4% during the 3rd quarter. Putnam Investments LLC now owns 858,663 shares of the transportation company’s stock valued at $49,657,000 after buying an additional 3,178 shares in the last quarter. New York State Common Retirement Fund raised its holdings in shares of Delta Air Lines by 9.2% during the 4th quarter. New York State Common Retirement Fund now owns 1,558,221 shares of the transportation company’s stock valued at $77,755,000 after buying an additional 130,820 shares in the last quarter. First Hawaiian Bank raised its holdings in shares of Delta Air Lines by 14.2% during the 4th quarter. First Hawaiian Bank now owns 51,749 shares of the transportation company’s stock valued at $2,583,000 after buying an additional 6,444 shares in the last quarter. Finally, Gateway Investment Advisers LLC raised its holdings in shares of Delta Air Lines by 2.5% during the 4th quarter. Gateway Investment Advisers LLC now owns 35,536 shares of the transportation company’s stock valued at $1,773,000 after buying an additional 871 shares in the last quarter. 86.39% of the stock is currently owned by institutional investors and hedge funds.