18,026 Shares in Sky Harbour Group Co. (NYSEAMERICAN:SKYH) Bought by Mesirow Financial Investment Management Inc.

Mesirow Financial Investment Management Inc. bought a new position in Sky Harbour Group Co. (NYSEAMERICAN:SKYH) in the 4th quarter, HoldingsChannel.com reports. The firm bought 18,026 shares of the company’s stock, valued at approximately $215,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. MetLife Investment Management LLC bought a new position in shares of Sky Harbour Group during the third quarter valued at $79,000. Barclays PLC lifted its holdings 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 acquiring an additional 12,490 shares during the period. Charles Schwab Investment Management Inc. lifted its holdings 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 acquiring an additional 11,466 shares during the period. Meixler Investment Management Ltd. lifted its holdings in shares of Sky Harbour Group by 82.5% during the third quarter. Meixler Investment Management Ltd. now owns 98,646 shares of the company’s stock valued at $1,089,000 after acquiring an additional 44,596 shares during the period. Finally, Centerpoint Advisors LLC acquired a new stake in shares of Sky Harbour Group in the fourth quarter valued at $1,390,000. 14.75% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

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

Insider Buying and Selling

In related news, Director Alexander Buffett Rozek bought 152,486 shares of the firm’s stock in a transaction dated Friday, December 20th. The stock was bought at an average cost of $9.50 per share, for a total transaction of $1,448,617.00. Following the transaction, the director now owns 323,613 shares of the company’s stock, valued at $3,074,323.50. This represents a 89.11 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 45.18% of the company’s stock.

Sky Harbour Group Stock Performance

Shares of SKYH stock opened at $10.24 on Monday. The stock has a 50-day moving average price of $11.43. The firm has a market capitalization of $774.25 million, a price-to-earnings ratio of -4.95 and a beta of 1.74. Sky Harbour Group Co. has a 12 month low of $8.26 and a 12 month 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.