Pzena Investment Management Reduces $15M in Delta Air Lines, Inc. ($DAL)
Key Points
- Pzena Investment Management changed its Delta Air Lines, Inc. ($DAL) stake by 5.9% last quarter, cutting to 2,807,667 shares worth $233.20 million.
- Wall Street's consensus rating on $DAL is Strong Buy and an average price target of $81.81.
- $DAL last traded around $83.06.
Pzena Investment Management trimmed its position in Delta Air Lines, Inc. ($DAL) by 5.9% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,807,667 shares of Delta Air Lines, Inc. after selling 175,126 shares during the quarter. Pzena Investment Management's holdings in Delta Air Lines, Inc. were worth $233.20 million as of its most recent filing.
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About Delta Air Lines, Inc.
Delta Air Lines, Inc. provides scheduled air transportation for passengers and cargo in the United States and internationally. The company operates through two segments, Airline and Refinery. Its domestic network centered on core hubs in Atlanta, Detroit, Minneapolis-St. Paul, and Salt Lake City, as well as coastal hub positions in Boston, Los Angeles, New York-LaGuardia, New York-JFK, and Seattle; and international network centered on hubs and market presence in Amsterdam, Bogota, Lima, Mexico City, London-Heathrow, Paris-Charles de Gaulle, Santiago (Chile), Sao Paulo, Seoul-Incheon, and Tokyo. It also provides aircraft maintenance and engineering support, repair, and overhaul services; and vacation packages. The company operates through a fleet of approximately 1,314 aircraft. Delta Air Lines, Inc. was founded in 1924 and is headquartered in Atlanta, Georgia.
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