Meixler Investment Management Ltd. Raises Stake in Sky Harbour Group Co. $SKYH

Meixler Investment Management Ltd. increased its holdings in Sky Harbour Group Co. (NYSEAMERICAN:SKYH) by 19.7% during the second quarter, Holdings Channel.com reports. The firm owned 263,995 shares of the company’s stock after acquiring an additional 43,377 shares during the quarter. Sky Harbour Group accounts for 1.8% of Meixler Investment Management Ltd.’s investment portfolio, making the stock its 13th largest holding. Meixler Investment Management Ltd.’s holdings in Sky Harbour Group were worth $2,579,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Nuveen LLC purchased a new position in Sky Harbour Group in the 1st quarter worth approximately $198,000. Lawson Kroeker Investment Management Inc. NE grew its holdings in shares of Sky Harbour Group by 3.8% in the second quarter. Lawson Kroeker Investment Management Inc. NE now owns 454,300 shares of the company’s stock worth $4,439,000 after purchasing an additional 16,451 shares during the last quarter. American Century Companies Inc. purchased a new position in shares of Sky Harbour Group in the first quarter worth $269,000. Heritage Investors Management Corp bought a new stake in Sky Harbour Group during the 2nd quarter valued at $301,000. Finally, Centerpoint Advisors LLC boosted its position in Sky Harbour Group by 50.2% during the 1st quarter. Centerpoint Advisors LLC now owns 175,000 shares of the company’s stock valued at $2,277,000 after buying an additional 58,500 shares during the period. 14.75% of the stock is currently owned by hedge funds and other institutional investors.

Sky Harbour Group Price Performance

Shares of NYSEAMERICAN SKYH opened at $9.88 on Friday. Sky Harbour Group Co. has a 1 year low of $9.28 and a 1 year high of $14.52. The stock has a market capitalization of $747.03 million, a P/E ratio of -4.77 and a beta of 1.74. The company’s 50-day moving average is $10.16 and its 200 day moving average is $10.35.

Wall Street Analysts Forecast Growth

SKYH has been the topic of a number of analyst reports. BTIG Research began coverage on shares of Sky Harbour Group in a research report on Monday, October 27th. They issued a “buy” rating and a $13.00 price objective on the stock. Zacks Research downgraded Sky Harbour Group from a “strong-buy” rating to a “hold” rating in a report on Thursday, August 14th. Finally, B. Riley upgraded Sky Harbour Group to a “strong-buy” rating in a report on Thursday, October 16th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, Sky Harbour Group has a consensus rating of “Buy” and an average price target of $16.63.

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.