Dimensional Fund Advisors LP Acquires New Holdings in Sky Harbour Group Co. (NYSEAMERICAN:SKYH)

Dimensional Fund Advisors LP bought a new position in shares of Sky Harbour Group Co. (NYSEAMERICAN:SKYH) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund bought 15,502 shares of the company’s stock, valued at approximately $185,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SKYH. Lawson Kroeker Investment Management Inc. NE boosted its holdings in Sky Harbour Group by 121.8% in the fourth quarter. Lawson Kroeker Investment Management Inc. NE now owns 374,781 shares of the company’s stock valued at $4,471,000 after acquiring an additional 205,788 shares during the last quarter. Geode Capital Management LLC increased its position in shares of Sky Harbour Group by 20.1% during the fourth quarter. Geode Capital Management LLC now owns 301,909 shares of the company’s stock worth $3,602,000 after buying an additional 50,444 shares during the period. Meixler Investment Management Ltd. raised its stake in Sky Harbour Group by 60.1% during the fourth quarter. Meixler Investment Management Ltd. now owns 157,930 shares of the company’s stock worth $1,884,000 after buying an additional 59,284 shares during the last quarter. Centerpoint Advisors LLC bought a new position in Sky Harbour Group during the fourth quarter worth $1,390,000. Finally, Renaissance Technologies LLC lifted its holdings in Sky Harbour Group by 437.2% in the fourth quarter. Renaissance Technologies LLC now owns 79,500 shares of the company’s stock valued at $948,000 after buying an additional 64,700 shares during the period. 14.75% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, Alliance Global Partners started coverage on Sky Harbour Group in a report on Friday, April 25th. They set a “buy” rating and a $14.50 price target for the company. Three equities research analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of $18.50.

Sky Harbour Group Stock Down 1.9%

NYSEAMERICAN:SKYH opened at $12.09 on Friday. Sky Harbour Group Co. has a twelve month low of $8.26 and a twelve month high of $14.52. The company has a fifty day moving average of $11.50 and a 200-day moving average of $11.45. The firm has a market capitalization of $914.12 million, a P/E ratio of -5.84 and a beta of 1.74.

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.