9,839 Shares in China Southern Airlines Company Limited (NYSE:ZNH) Bought by Farmer Steven Patrick

Farmer Steven Patrick purchased a new position in shares of China Southern Airlines Company Limited (NYSE:ZNHGet Rating) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 9,839 shares of the transportation company’s stock, valued at approximately $285,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of ZNH. Parallel Advisors LLC boosted its stake in shares of China Southern Airlines by 37.8% during the first quarter. Parallel Advisors LLC now owns 2,699 shares of the transportation company’s stock worth $80,000 after buying an additional 741 shares during the period. Quadrant Capital Group LLC lifted its position in China Southern Airlines by 164.8% during the 1st quarter. Quadrant Capital Group LLC now owns 4,481 shares of the transportation company’s stock worth $130,000 after acquiring an additional 2,789 shares during the period. Capricorn Fund Managers Ltd acquired a new stake in China Southern Airlines during the 1st quarter worth approximately $212,000. Wetherby Asset Management Inc. acquired a new stake in China Southern Airlines during the 4th quarter worth approximately $215,000. Finally, Bank of America Corp DE lifted its position in China Southern Airlines by 56.8% during the 1st quarter. Bank of America Corp DE now owns 7,538 shares of the transportation company’s stock worth $219,000 after acquiring an additional 2,732 shares during the period. 0.25% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

ZNH has been the subject of a number of recent research reports. Daiwa Capital Markets raised China Southern Airlines from a “hold” rating to a “buy” rating in a research report on Monday, June 6th. Jefferies Financial Group cut China Southern Airlines from a “hold” rating to an “underperform” rating in a research report on Thursday, June 16th. Finally, StockNews.com raised China Southern Airlines from a “sell” rating to a “hold” rating in a report on Thursday, September 1st. One research analyst has rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold”.

China Southern Airlines Stock Up 1.7 %

ZNH opened at $26.43 on Friday. The company has a debt-to-equity ratio of 1.59, a current ratio of 0.30 and a quick ratio of 0.28. The business has a 50 day simple moving average of $27.18 and a 200-day simple moving average of $27.46. The stock has a market capitalization of $8.96 billion, a P/E ratio of -3.03 and a beta of 1.07. China Southern Airlines Company Limited has a 12 month low of $23.50 and a 12 month high of $35.15.

China Southern Airlines Profile

(Get Rating)

China Southern Airlines Company Limited offers airline transportation services in the People's Republic of China, Hong Kong, Macau, Taiwan, and internationally. The company operates in two segments, Airline Transportation Operations and Other Segments. It offers passenger, cargo, mail delivery, and other extended transportation services.

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Institutional Ownership by Quarter for China Southern Airlines (NYSE:ZNH)

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