August 29, 2017 – By Marguerite Chambers
Investors sentiment decreased to 1.06 in 2016 Q4. Its down 0.05, from 1.11 in 2016Q3. It turned negative, as 28 investors sold Air Lease Corp shares while 83 reduced holdings. 43 funds opened positions while 75 raised stakes. 89.95 million shares or 0.03% more from 89.93 million shares in 2016Q3 were reported.
Blackrock Institutional Trust Na has invested 0.01% of its portfolio in Air Lease Corp (NYSE:AL). Panagora Asset Mngmt reported 5,628 shares stake. Reinhart Prtnrs reported 0.18% in Air Lease Corp (NYSE:AL). Old Second Bank Of Aurora has invested 0.01% of its portfolio in Air Lease Corp (NYSE:AL). Boston Private Wealth Limited Com invested in 6,270 shares or 0.01% of the stock. Affinity Invest Limited Liability Corporation invested in 96,230 shares. Lazard Asset Mngmt Ltd Liability Com holds 100,507 shares. Tru Of Vermont holds 0% or 303 shares in its portfolio. Janus Cap Mgmt Ltd has invested 0% in Air Lease Corp (NYSE:AL). Selz Llc invested 9.08% of its portfolio in Air Lease Corp (NYSE:AL). Parnassus Ca holds 468,000 shares. Renaissance Tech accumulated 0.02% or 355,600 shares. Strs Ohio has invested 0.2% in Air Lease Corp (NYSE:AL). 441,896 were accumulated by Barton Management. 317,122 were reported by Gagnon Advisors Limited Liability Corporation.
Since March 15, 2017, it had 0 insider purchases, and 4 insider sales for $2.47 million activity. $154,750 worth of Air Lease Corp (NYSE:AL) shares were sold by Poerschke John D. Levy Grant A sold 27,854 shares worth $1.06 million. The insider Korde Kishore sold $76,000. 30,000 Air Lease Corp (NYSE:AL) shares with value of $1.17 million were sold by Chen Jie.
Air Lease Corp (NYSE:AL) Ratings Coverage
Among 12 analysts covering Air Lease (NYSE:AL), 10 have Buy rating, 0 Sell and 2 Hold. Therefore 83% are positive. Air Lease had 28 analyst reports since August 7, 2015 according to SRatingsIntel. The firm has “Outperform” rating by FBR Capital given on Friday, August 5. The firm has “Outperform” rating by FBR Capital given on Tuesday, November 22. RBC Capital Markets maintained Air Lease Corp (NYSE:AL) rating on Monday, July 17. RBC Capital Markets has “Buy” rating and $7900 target. As per Friday, May 6, the company rating was maintained by RBC Capital Markets. Credit Suisse maintained Air Lease Corp (NYSE:AL) on Monday, December 28 with “Outperform” rating. The stock of Air Lease Corp (NYSE:AL) earned “Outperform” rating by FBR Capital on Friday, February 24. FBR Capital maintained Air Lease Corp (NYSE:AL) on Friday, May 5 with “Outperform” rating. The firm earned “Buy” rating on Friday, August 4 by Cowen & Co. The stock of Air Lease Corp (NYSE:AL) earned “Equal-Weight” rating by Morgan Stanley on Thursday, April 6. RBC Capital Markets maintained it with “Top Pick” rating and $70 target in Friday, November 6 report. Below is a list of Air Lease Corp (NYSE:AL) latest ratings and price target changes.
09/08/2017 Broker: Bank of America Rating: Hold Downgrade
04/08/2017 Broker: Cowen & Co Rating: Buy New Target: $45.0000 Maintain
17/07/2017 Broker: RBC Capital Markets Rating: Buy New Target: $79.0000 Maintain
10/07/2017 Broker: Cowen & Co Rating: Buy New Target: $41.0000 Maintain
10/07/2017 Broker: Barclays Capital Rating: Overweight New Target: $48 Initiates Coverage On
05/07/2017 Broker: RBC Capital Markets Rating: Buy New Target: $77.0000 Maintain
26/05/2017 Broker: RBC Capital Markets Rating: Buy New Target: $77.0000 Maintain
05/05/2017 Broker: FBR Capital Rating: Outperform Old Target: $47.00 New Target: $45.00 Maintain
06/04/2017 Broker: Morgan Stanley Old Rating: Overweight New Rating: Equal-Weight Downgrade
About 214,873 shares traded. Air Lease Corp (NYSE:AL) has risen 29.12% since August 29, 2016 and is uptrending. It has outperformed by 12.42% the S&P500.
Air Lease Corporation is an aircraft leasing company. The company has market cap of $4.08 billion. The Firm is principally engaged in purchasing new commercial jet transport aircraft directly from aircraft manufacturers, such as The Boeing Company and Airbus S.A.S. (Airbus), and leasing those aircraft to airlines across the world. It has a 11.5 P/E ratio. Along with its leasing activities, the Company sells aircraft from its operating lease portfolio to third parties, including other leasing companies, financial services companies and airlines.
More recent Air Lease Corp (NYSE:AL) news were published by: Nasdaq.com which released: “Air Lease corp. Q2 Profit Rises 10%” on August 03, 2017. Also Globenewswire.com published the news titled: “Air Lease Corporation Announces Lease Placement of Four New Airbus A330-900neo …” on July 31, 2017. Globenewswire.com‘s news article titled: “Air Lease Corporation and Napier Park Global Capital Establish a Second …” with publication date: August 03, 2017 was also an interesting one.
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