Tocqueville Asset Management L.P. Purchases New Position in Sky Harbour Group Co. (NYSEAMERICAN:SKYH)

Tocqueville Asset Management L.P. bought a new stake in shares of Sky Harbour Group Co. (NYSEAMERICAN:SKYH - Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 48,446 shares of the company's stock, valued at approximately $578,000. Tocqueville Asset Management L.P. owned about 0.06% of Sky Harbour Group at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of SKYH. State Street Corp boosted its position in shares of Sky Harbour Group by 1.1% during the 3rd quarter. State Street Corp now owns 125,483 shares of the company's stock valued at $1,385,000 after acquiring an additional 1,406 shares during the last quarter. Geode Capital Management LLC boosted its stake in shares of Sky Harbour Group by 2.8% during the third quarter. Geode Capital Management LLC now owns 251,465 shares of the company's stock valued at $2,777,000 after purchasing an additional 6,887 shares during the period. MetLife Investment Management LLC purchased a new position in shares of Sky Harbour Group during the third quarter worth approximately $79,000. Charles Schwab Investment Management Inc. raised its position in Sky Harbour Group by 43.1% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 38,070 shares of the company's stock valued at $454,000 after purchasing an additional 11,466 shares in the last quarter. Finally, Barclays PLC raised its holdings in shares of 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 acquiring an additional 12,490 shares in the last quarter. Hedge funds and other institutional investors own 14.75% of the company's stock.

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Analyst Upgrades and Downgrades

Separately, B. Riley raised shares of Sky Harbour Group to a "strong-buy" rating in a report on Tuesday, January 7th.

Sky Harbour Group Price Performance

Shares of Sky Harbour Group stock traded down $0.09 on Monday, reaching $11.98. The company's stock had a trading volume of 246,813 shares, compared to its average volume of 77,448. Sky Harbour Group Co. has a 52-week low of $8.26 and a 52-week high of $14.52. The firm has a market capitalization of $905.81 million, a P/E ratio of -5.79 and a beta of 1.74. The business has a 50-day simple moving average of $11.05.

About Sky Harbour Group

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.