Deutsche Bank AG Has $159,000 Stake in Sky Harbour Group Co. (NYSEAMERICAN:SKYH)

Deutsche Bank AG raised its position in Sky Harbour Group Co. (NYSEAMERICAN:SKYH) by 5,014.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 13,350 shares of the company’s stock after purchasing an additional 13,089 shares during the quarter. Deutsche Bank AG’s holdings in Sky Harbour Group were worth $159,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of SKYH. AYAL Capital Advisors Ltd acquired a new stake in shares of Sky Harbour Group in the fourth quarter valued at about $5,992,000. Geode Capital Management LLC increased its position in shares of Sky Harbour Group by 20.1% in the fourth quarter. Geode Capital Management LLC now owns 301,909 shares of the company’s stock valued at $3,602,000 after acquiring an additional 50,444 shares during the last quarter. Meixler Investment Management Ltd. increased its position in shares of Sky Harbour Group by 60.1% in the fourth quarter. Meixler Investment Management Ltd. now owns 157,930 shares of the company’s stock valued at $1,884,000 after acquiring an additional 59,284 shares during the last quarter. Centerpoint Advisors LLC acquired a new stake in shares of Sky Harbour Group in the fourth quarter valued at about $1,390,000. Finally, Northern Trust Corp increased its position in shares of Sky Harbour Group by 17.6% in the fourth quarter. Northern Trust Corp now owns 105,091 shares of the company’s stock valued at $1,254,000 after acquiring an additional 15,716 shares during the last quarter. Institutional investors and hedge funds own 14.75% of the company’s stock.

Wall Street Analysts Forecast Growth

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 research analysts have rated the stock with a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of $18.50.

Sky Harbour Group Stock Performance

Sky Harbour Group stock opened at $9.94 on Tuesday. Sky Harbour Group Co. has a 52 week low of $8.26 and a 52 week high of $14.52. The stock has a market capitalization of $751.56 million, a P/E ratio of -4.80 and a beta of 1.74. The stock has a 50-day simple moving average of $11.36 and a 200 day simple moving average of $11.43.

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.