Barclays PLC Has $181,000 Stock Position in Sky Harbour Group Co. (NYSEAMERICAN:SKYH)

Barclays PLC lifted its holdings in shares of Sky Harbour Group Co. (NYSEAMERICAN:SKYH) by 326.5% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 16,315 shares of the company’s stock after purchasing an additional 12,490 shares during the quarter. Barclays PLC’s holdings in Sky Harbour Group were worth $181,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the business. MetLife Investment Management LLC bought a new stake in Sky Harbour Group in the 3rd quarter valued at $79,000. Rhumbline Advisers bought a new stake in Sky Harbour Group in the 2nd quarter valued at $103,000. Bank of New York Mellon Corp bought a new stake in Sky Harbour Group in the 2nd quarter valued at $271,000. X Square Capital LLC bought a new stake in Sky Harbour Group in the 3rd quarter valued at $331,000. Finally, Meixler Investment Management Ltd. boosted its holdings in Sky Harbour Group by 82.5% in the 3rd quarter. Meixler Investment Management Ltd. now owns 98,646 shares of the company’s stock valued at $1,089,000 after purchasing an additional 44,596 shares during the period. Institutional investors and hedge funds own 14.75% of the company’s stock.

Analyst Upgrades and Downgrades

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

Sky Harbour Group Stock Performance

Shares of SKYH 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 fifty-two week low of $8.26 and a fifty-two week high of $14.52.

Insiders Place Their Bets

In related news, Director Alexander Buffett Rozek purchased 152,486 shares of Sky Harbour Group stock in a transaction dated Friday, December 20th. The shares were bought at an average cost of $9.50 per share, for a total transaction of $1,448,617.00. Following the purchase, the director now owns 323,613 shares in the company, valued at approximately $3,074,323.50. This trade represents a 89.11 % increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 45.18% of the company’s stock.

Sky Harbour Group Company Profile

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.