Mesirow Financial Investment Management Inc. Makes New Investment in Sky Harbour Group Co. (NYSEAMERICAN:SKYH)

Mesirow Financial Investment Management Inc. acquired a new position in Sky Harbour Group Co. (NYSEAMERICAN:SKYH) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 18,026 shares of the company’s stock, valued at approximately $215,000.

Several other hedge funds and other institutional investors also recently modified their holdings of SKYH. Lawson Kroeker Investment Management Inc. NE boosted its holdings in shares of Sky Harbour Group by 121.8% during 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 period. Centerpoint Advisors LLC bought a new stake in shares of Sky Harbour Group during the fourth quarter valued at about $1,390,000. Meixler Investment Management Ltd. raised its stake in shares of Sky Harbour Group by 60.1% during the fourth quarter. Meixler Investment Management Ltd. now owns 157,930 shares of the company’s stock valued at $1,884,000 after purchasing an additional 59,284 shares in the last quarter. Barclays PLC raised its stake in shares of Sky Harbour Group by 326.5% during the third quarter. Barclays PLC now owns 16,315 shares of the company’s stock valued at $181,000 after purchasing an additional 12,490 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. raised its stake in shares of Sky Harbour Group by 43.1% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 38,070 shares of the company’s stock valued at $454,000 after purchasing an additional 11,466 shares in the last quarter. Institutional investors and hedge funds own 14.75% of the company’s stock.

Insider Activity at Sky Harbour Group

In related news, Director Alexander Buffett Rozek bought 152,486 shares of the firm’s stock in a transaction on Friday, December 20th. The stock was purchased at an average price of $9.50 per share, with a total value of $1,448,617.00. Following the completion of the transaction, the director now directly owns 323,613 shares of the company’s stock, valued at $3,074,323.50. This trade represents a 89.11 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 45.18% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several equities research analysts have commented on SKYH shares. B. Riley upgraded shares of Sky Harbour Group to a “strong-buy” rating in a research report on Tuesday, January 7th. Maxim Group boosted their price objective on Sky Harbour Group from $17.00 to $25.00 and gave the stock a “buy” rating in a report on Wednesday, November 20th.

Sky Harbour Group Trading Down 0.3 %

Shares of NYSEAMERICAN SKYH opened at $10.24 on Monday. The company has a market cap of $774.25 million, a PE ratio of -4.95 and a beta of 1.74. The firm has a 50 day moving average price of $11.43. Sky Harbour Group Co. has a 52 week low of $8.26 and a 52 week high of $14.52.

Sky Harbour Group 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.