Sky Harbour Group (NYSEAMERICAN:SKYH - Get Free Report) was upgraded by equities research analysts at B. Riley to a "strong-buy" rating in a research report issued to clients and investors on Tuesday,Zacks.com reports.
Several other research firms have also recently commented on SKYH. Maxim Group increased their price target on shares of Sky Harbour Group from $17.00 to $25.00 and gave the company a "buy" rating in a research note on Wednesday, November 20th. Northland Capmk upgraded shares of Sky Harbour Group to a "strong-buy" rating in a report on Tuesday, September 24th. Finally, Northland Securities started coverage on Sky Harbour Group in a research report on Tuesday, September 24th. They issued an "outperform" rating and a $16.00 price objective for the company.
Read Our Latest Stock Report on SKYH
Sky Harbour Group Stock Up 0.1 %
NYSEAMERICAN SKYH traded up $0.01 during trading on Tuesday, reaching $11.11. The company's stock had a trading volume of 121,139 shares, compared to its average volume of 104,807. Sky Harbour Group has a 1-year low of $8.26 and a 1-year high of $14.52. The stock has a market capitalization of $793.70 million, a PE ratio of -5.37 and a beta of 1.80.
Insider Buying and Selling
In other news, Director Alexander Buffett Rozek purchased 152,486 shares of the company's stock in a transaction dated Friday, December 20th. The stock was bought at an average cost of $9.50 per share, for a total transaction of $1,448,617.00. Following the purchase, the director now owns 323,613 shares of the company's stock, valued at approximately $3,074,323.50. The trade was a 89.11 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 45.18% of the stock is currently owned by company insiders.
Institutional Investors Weigh In On Sky Harbour Group
A number of institutional investors have recently made changes to their positions in the stock. MetLife Investment Management LLC bought a new position in shares of Sky Harbour Group in the 3rd quarter worth about $79,000. Apis Capital Advisors LLC acquired a new stake in Sky Harbour Group during the second quarter worth approximately $92,000. Rhumbline Advisers bought a new stake in Sky Harbour Group in the second quarter worth approximately $103,000. Barclays PLC lifted its stake in Sky Harbour Group by 326.5% in the third quarter. Barclays PLC now owns 16,315 shares of the company's stock valued at $181,000 after buying an additional 12,490 shares during the period. Finally, Bank of New York Mellon Corp bought a new position in shares of Sky Harbour Group during the 2nd quarter worth approximately $271,000. Institutional investors own 14.75% of the company's stock.
Sky Harbour Group Company Profile
(
Get Free Report)
Sky Harbour Group Corporation operates as an aviation infrastructure development company in the United States. It develops, leases, and manages general aviation hangars for business aircraft. The company is based in White Plains, New York.
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