Barclays PLC Grows Position in Sky Harbour Group Co. (NYSEAMERICAN:SKYH)

Barclays PLC grew its stake in shares of Sky Harbour Group Co. (NYSEAMERICAN:SKYH) by 326.5% in the third quarter, HoldingsChannel.com reports. The firm owned 16,315 shares of the company’s stock after buying an additional 12,490 shares during the quarter. Barclays PLC’s holdings in Sky Harbour Group were worth $181,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Meixler Investment Management Ltd. raised its holdings in Sky Harbour Group by 82.5% in the third quarter. Meixler Investment Management Ltd. now owns 98,646 shares of the company’s stock worth $1,089,000 after purchasing an additional 44,596 shares in the last quarter. State Street Corp increased its holdings in shares of Sky Harbour Group by 1.1% during the third 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 in the last quarter. Geode Capital Management LLC increased its holdings 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 acquiring an additional 6,887 shares in the last quarter. Rhumbline Advisers bought a new position in shares of Sky Harbour Group during the second quarter valued at $103,000. Finally, MetLife Investment Management LLC bought a new position in shares of Sky Harbour Group during the third quarter valued at $79,000. Hedge funds and other institutional investors own 14.75% of the company’s stock.

Analyst Upgrades and Downgrades

SKYH has been the subject of several analyst reports. Maxim Group raised their price target on Sky Harbour Group from $17.00 to $25.00 and gave the company a “buy” rating in a report on Wednesday, November 20th. B. Riley raised Sky Harbour Group to a “strong-buy” rating in a research report on Tuesday, January 7th.

Sky Harbour Group Price Performance

Sky Harbour Group stock opened at $11.28 on Thursday. The stock has a market capitalization of $805.84 million, a PE ratio of -5.45 and a beta of 1.76. Sky Harbour Group Co. has a 12-month low of $8.26 and a 12-month high of $14.52.

Insider Activity at Sky Harbour Group

In other Sky Harbour Group news, Director Alexander Buffett Rozek bought 152,486 shares of the business’s stock in a transaction on Friday, December 20th. The shares were acquired at an average price of $9.50 per share, with a total value of $1,448,617.00. Following the transaction, the director now owns 323,613 shares of the company’s stock, valued at approximately $3,074,323.50. This trade represents a 89.11 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 45.18% of the stock is currently owned by company insiders.

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.