World Asset Management Cut Rio Tinto Plc Sponsored Adr (RIO) Position By $317,883; 9 Bullish Analysts Covering Alaska Air Group, Inc. (ALK)

Rio Tinto plc (NYSE:RIO) Logo

Among 13 analysts covering Alaska Air Group (NYSE:ALK), 9 have Buy rating, 0 Sell and 4 Hold. Therefore 69% are positive. Alaska Air Group had 20 analyst reports since July 12, 2018 according to SRatingsIntel. The firm earned “Overweight” rating on Wednesday, November 14 by Morgan Stanley. The stock of Alaska Air Group, Inc. (NYSE:ALK) has “Strong Buy” rating given on Friday, October 26 by Raymond James. On Friday, July 27 the stock rating was maintained by Buckingham Research with “Buy”. As per Friday, November 30, the company rating was maintained by Buckingham Research. The firm has “Equal-Weight” rating by Barclays Capital given on Monday, July 16. Imperial Capital maintained it with “Outperform” rating and $90 target in Wednesday, January 9 report. The firm earned “Buy” rating on Friday, July 27 by Stifel Nicolaus. Buckingham Research maintained it with “Buy” rating and $77 target in Wednesday, October 10 report. The firm has “Buy” rating by Buckingham Research given on Monday, September 24. The rating was maintained by Deutsche Bank with “Buy” on Wednesday, November 28. See Alaska Air Group, Inc. (NYSE:ALK) latest ratings:

09/01/2019 Broker: Imperial Capital Old Rating: Outperform New Rating: Outperform Old Target: $102 New Target: $90 Maintain
30/11/2018 Broker: Buckingham Research Old Rating: Buy New Rating: Buy Old Target: $74 New Target: $88 Maintain
28/11/2018 Broker: Deutsche Bank Rating: Buy New Target: $72.0000 Maintain
26/11/2018 Broker: Citigroup Rating: Hold New Target: $71.0000
26/11/2018 Broker: Cowen & Co Rating: Buy New Target: $80.0000 Maintain
19/11/2018 Broker: Credit Suisse Rating: Outperform New Target: $81 Initiates Coverage On
15/11/2018 Broker: Barclays Capital Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $68 New Target: $75 Maintain
14/11/2018 Broker: Morgan Stanley Old Rating: Overweight New Rating: Overweight Old Target: $72 New Target: $76 Maintain
12/11/2018 Broker: Goldman Sachs Rating: Buy New Target: $81 Initiates Coverage On
26/10/2018 Broker: Raymond James Old Rating: Strong Buy New Rating: Strong Buy Old Target: $80 New Target: $82 Maintain

World Asset Management Inc decreased Rio Tinto Plc Sponsored Adr (RIO) stake by 15.12% reported in 2018Q3 SEC filing. World Asset Management Inc sold 6,233 shares as Rio Tinto Plc Sponsored Adr (RIO)’s stock declined 2.43%. The World Asset Management Inc holds 34,979 shares with $1.79M value, down from 41,212 last quarter. Rio Tinto Plc Sponsored Adr now has $82.99B valuation. The stock increased 1.07% or $0.54 during the last trading session, reaching $50.84. About 4.22 million shares traded or 42.99% up from the average. Rio Tinto plc (NYSE:RIO) has declined 3.72% since January 10, 2018 and is downtrending. It has underperformed by 3.72% the S&P500. Some Historical RIO News: 23/05/2018 – Rio Tinto in talks over Grasberg exit; 23/05/2018 – Rio Tinto negotiates Grasberg copper exit; 21/03/2018 – Swiss attorney general says examining if Rio Tinto or subsidiaries paid bribes linked to Mongolian mining project; 10/05/2018 – Apple Backs Alcoa, Rio Tinto to Develop Carbon-Free Metal Making; 20/03/2018 – RIO TINTO EXEC. ANDREW LATHAM COMMENTS IN SPEECH IN PERTH; 13/04/2018 – Rio Tinto In Process of Declaring Force Majeure on Certain Contracts; 18/05/2018 – Rio Tinto Network is World’s First Heavy Haul, Long Distance Autonomous Rail Operation; 14/03/2018 – RPT-EXPLAINER-Chile attempts to block China from prize lithium asset; 09/03/2018 – EXCLUSIVE-Chile files complaint to block sale of SQM shares to Chinese companies; 18/04/2018 – Rio Tinto Closes Above 50-Day Moving Average: Technicals

More notable recent Alaska Air Group, Inc. (NYSE:ALK) news were published by: Seekingalpha.com which released: “Copa Holdings: A Great Dividend Stock I Doubt You Own – Seeking Alpha” on January 09, 2019, also Finance.Yahoo.com with their article: “Imperial Downgrades Delta And United Continental, Sees Clear Skies For Most Other US Airline Stocks – Yahoo Finance” published on January 09, 2019, Fool.com published: “Why Airline Stocks Rose by Double Digits in November – The Motley Fool” on December 11, 2018. More interesting news about Alaska Air Group, Inc. (NYSE:ALK) were released by: Zacks.com and their article: “Airline Stock Roundup: GOL’s Bullish Investor Update, ALK’s Power Outage & More – Zacks.com” published on January 09, 2019 as well as Seekingalpha.com‘s news article titled: “Alaska Air: Catalysts On Track – Seeking Alpha” with publication date: December 05, 2018.

Alaska Air Group, Inc., through its subsidiaries, provides passengers and cargo air transportation services primarily in the United States. The company has market cap of $7.66 billion. The firm operates through three divisions: Mainline, Regional, and Horizon. It has a 9.57 P/E ratio. It has a network of approximately 1,200 daily flights to 118 destinations across the United States, Mexico, Canada, Costa Rica, and Cuba.

The stock increased 2.52% or $1.53 during the last trading session, reaching $62.18. About 1.35 million shares traded. Alaska Air Group, Inc. (NYSE:ALK) has declined 8.49% since January 10, 2018 and is downtrending. It has underperformed by 8.49% the S&P500. Some Historical ALK News: 23/04/2018 – Alaska Air Group 1Q Rev $1.83B; 30/04/2018 – Alaska Airlines opens new airport lounge at New York’s JFK; 13/03/2018 – Alaska Air: Unit Costs to Increase if Flight Attendants Ratify Labor Pact; 15/05/2018 – Alaska Air Group: Combined April Traffic Up 5.8%; 19/04/2018 – Alaska Air: New Policy Aims to Increase Safety for Employees, Flyers and Service Animals; 15/05/2018 – Alaska Air April Traffic Rose 4.6%; 15/05/2018 – Alaska Air April Load Factor 84.3% Vs. 86.6%; 23/04/2018 – ALASKA AIR TO LEASE GATES AT LGA AND DCA TO SOUTHWEST AIRLINES; 21/05/2018 – Alaska Air Presenting at Conference Tomorrow; 13/03/2018 – Alaska Air Group Still Sees 2018 Capacity Up About 7.5%

Since August 31, 2018, it had 0 buys, and 3 sales for $441,413 activity. The insider HARRISON ANDREW R sold $58,171. Shares for $200,441 were sold by TACKETT SHANE R on Friday, August 31. THOMPSON J KENNETH also sold $182,801 worth of Alaska Air Group, Inc. (NYSE:ALK) on Tuesday, November 27.

Investors sentiment increased to 1.26 in Q3 2018. Its up 0.05, from 1.21 in 2018Q2. It is positive, as 37 investors sold Alaska Air Group, Inc. shares while 128 reduced holdings. 73 funds opened positions while 135 raised stakes. 110.60 million shares or 5.83% more from 104.51 million shares in 2018Q2 were reported. Yorktown Mgmt owns 19,000 shares. Verity Asset Mgmt holds 0.31% or 4,587 shares in its portfolio. Dupont Cap Management accumulated 1,451 shares. Voya Mngmt Lc holds 55,155 shares or 0.01% of its portfolio. Jane Street Grp Inc Limited Liability owns 13,020 shares. Vanguard Gp reported 0.03% of its portfolio in Alaska Air Group, Inc. (NYSE:ALK). Cullen Frost Bankers Inc holds 0.01% or 4,675 shares in its portfolio. Lateef Inv L P owns 364,764 shares or 3.11% of their US portfolio. Aperio Grp Inc Ltd Liability Co has 33,849 shares. James Invest Rech reported 960 shares or 0% of all its holdings. Signaturefd Ltd Liability holds 0% or 278 shares in its portfolio. Auxier Asset, a Oregon-based fund reported 12,815 shares. Catalyst Cap Lc stated it has 200 shares. Destination Wealth Management holds 0% or 189 shares. Birinyi Assoc invested 0.15% in Alaska Air Group, Inc. (NYSE:ALK).

World Asset Management Inc increased Relx Plc Sponsored Adr stake by 20,137 shares to 52,716 valued at $1.10 million in 2018Q3. It also upped Ishares Russell 1000 Growth Et (IWF) stake by 2,647 shares and now owns 5,954 shares. Ishares Core S&P Ttl Stock (ITOT) was raised too.

Among 2 analysts covering Rio Tinto (NYSE:RIO), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Rio Tinto had 2 analyst reports since September 10, 2018 according to SRatingsIntel. Goldman Sachs upgraded Rio Tinto plc (NYSE:RIO) on Tuesday, October 9 to “Buy” rating. On Monday, September 10 the stock rating was upgraded by JP Morgan to “Overweight”.

Alaska Air Group, Inc. (NYSE:ALK) Institutional Positions Chart

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