Alaska Air Group (ALK) Cut to Neutral at UBS Group

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Pentwater Capital Management Lp decreased Rite Aid Corp (NYSE:RAD) stake by 1.04 million shares to 1.01 million valued at $1.98 million in 2017Q3. The company has market cap of $15.20 million. The stock increased 2.13% or $0.59 during the last trading session, reaching $28.23. (NYSE:LYV) has risen 52.18% since February 20, 2017 and is uptrending. It has underperformed by 38.29% the S&P500.

Tillar-Wenstrup Advisors Llc increased its stake in Alaska Air Group (ALK) by 23.9% based on its latest 2017Q3 regulatory filing with the SEC. Tyvor Capital Llc sold 327,950 shares as the company's stock declined 12.45% while stock markets rallied. The Pentwater Capital Management Lp holds 6.35 million shares with $650.99M value, up from 4.01M last quarter. Altimeter Capital Management Lp who had been investing in Alaska Air Group Inc for a number of months, seems to be less bullish one the $7.91B market cap company.

Alaska Air Group (ALK) traded down $0.88 during midday trading on Monday, hitting $64.97. About 218,854 shares traded. Cohen & Steers Inc. grew its position in Alaska Air Group by 31.3% in the third quarter. It has outperformed by 12.63% the S&P500.

Among 9 analysts covering Polyone Corporation (NYSE:POL), 5 have Buy rating, 0 Sell and 4 Hold. Therefore 47% are positive. Brandywine Global Mgmt Lc reported 0.01% of its portfolio in Alaska Air Group, Inc. Deutsche Bank maintained Alaska Air Group, Inc. As per Monday, October 23, the company rating was maintained by Stifel Nicolaus.

In other Alaska Air Group news, CEO David L. Campbell sold 4,934 shares of the firm's stock in a transaction dated Monday, December 4th. The stock has "Hold" rating by Cowen & Co on Thursday, October 26. Alaska Air Group's dividend payout ratio is now 14.34%. (NYSE:ALK) rating on Thursday, October 26. Deutsche Bank has "Hold" rating and $77 target. (NYSE:ALK) on Sunday, August 20 with "Buy" rating. Alaska Air Group's quarterly revenue was up 28.7% on a year-over-year basis. (NYSE:ALK) on Friday, October 21 with "In-Line" rating.

Investors sentiment increased to 1.34 in Q3 2017. Its up 0.19, from 1.15 in 2017Q2. It improved, as 53 investors sold ALK shares while 131 reduced holdings. Macquarie Group Ltd. raised its position in Alaska Air Group by 194.3% during the 4th quarter. Stifel Nicolaus reaffirmed a "buy" rating and issued a $105.00 target price (down from $115.00) on shares of Alaska Air Group in a report on Wednesday, January 10th. (NYSE:LYV). Alliancebernstein LP holds 0% or 83,740 shares in its portfolio. Highbridge Cap Limited Liability Company stated it has 0% in Alaska Air Group, Inc. (NYSE:ALK) for 176,900 shares. Massachusetts Svcs Communications Ma accumulated 519,046 shares. American International Grp Incorporated Inc, New York-based fund reported 36,829 shares. It also upped Hyatt Hotels Corp (NYSE:H) stake by 11,018 shares and now owns 217,928 shares. Guardian Life Insur Of America holds 0% or 277 shares. 7,500 shares valued at $303,750 were sold by Capo Brian on Friday, September 8. (NYSE:ALK). Cetera Advisor Ntwk Limited Liability Corp invested 0.01% of its portfolio in Alaska Air Group, Inc.

Alaska Air Group (NYSE:ALK) last posted its earnings results on Thursday, January 25th. Primecap Mngmt Ca holds 0.38% or 6.04M shares.

Shares of Alaska Air Group, Inc. (NYSE:ALK). Parametric Port Ltd Co invested in 0.04% or 487,106 shares. Finally, Morgan Stanley cut their target price on Alaska Air Group from $86.00 to $80.00 and set an "overweight" rating on the stock in a research note on Friday, January 26th. Qs Limited Liability Com invested in 0% or 1,860 shares. Markston Ltd Liability Company holds 1.72% of its portfolio in Time Warner Inc. (NYSE:ALK) or 777 shares. Its up 0.17, from 0.94 in 2017Q2. Caxton Assoc Lp invested in 63,500 shares. 30 funds opened positions while 62 raised stakes. Rothschild Investment Il reported 42,130 shares. Greenwood Capital Associates Ltd stated it has 27,140 shares or 0.52% of all its holdings. (NYSE:NWL). Kbc Gru Nv has 0.04% invested in Newell Brands Inc.

COPYRIGHT VIOLATION NOTICE: "Christopher Michael Berry Sells 460 Shares of Alaska Air Group, Inc". (NYSE:ICE) for 63,519 shares. Boys Arnold & Inc has invested 0.14% in Intercontinental Exchange, Inc. Brown Advisory Secs holds 3,830 shares or 0.06% of its portfolio. Lumina Fund Mgmt Limited Co owns 12,000 shares or 0.09% of their United States portfolio. Shareholders of record on Tuesday, February 20th will be issued a dividend of $0.32 per share. First Bank & Trust invested in 302,472 shares. Natl Bank Of America De has 0.1% invested in Intercontinental Exchange, Inc. (NYSE:LYV) rating on Wednesday, August 9. Therefore 32% are positive. Alaska Air Group had a return on equity of 24.39% and a net margin of 12.96%. The company was maintained on Thursday, September 7 by Jefferies. Citigroup maintained the shares of ICE in report on Friday, November 3 with "Neutral" rating. UBS Group downgraded shares of Alaska Air Group from a "buy" rating to a "neutral" rating in a report on Thursday. Cowen & Co has "Outperform" rating and $103 target. (NYSE:ICE) on Monday, June 26 with "Buy" rating. The firm has "Outperform" rating given on Tuesday, August 18 by Cowen & Co. On Tuesday, October 10 the stock rating was maintained by Barclays Capital with "Overweight". Macquarie Research maintained Live Nation Entertainment, Inc. The stock has "Underweight" rating by JP Morgan on Thursday, February 4. The stock has "Buy" rating by Keefe Bruyette & Woods on Thursday, August 3.

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