August 29, 2017 – By Peter Erickson
Investors sentiment decreased to 1.06 in Q4 2016. Its down 0.05, from 1.11 in 2016Q3. It worsened, 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.
Cooke & Bieler Lp stated it has 0.2% of its portfolio in Air Lease Corp (NYSE:AL). Ngam L P reported 27,846 shares. Bar Harbor Trust Serv reported 137,960 shares. Moreover, Mogy Joel R Inv Counsel has 0.04% invested in Air Lease Corp (NYSE:AL). Earnest holds 0% of its portfolio in Air Lease Corp (NYSE:AL) for 10 shares. Williams Jones And Assocs Ltd Liability Co reported 429,727 shares. Allianz Asset Management Ag accumulated 1.09 million shares or 0.03% of the stock. Moreover, Swiss Bancorporation has 0.01% invested in Air Lease Corp (NYSE:AL) for 159,200 shares. Eagle Asset Mngmt holds 0.24% or 1.06M shares. 11,944 are held by Horizon Kinetics Ltd Liability. Bb&T Corp has invested 0.02% of its portfolio in Air Lease Corp (NYSE:AL). Utd Automobile Association reported 359,000 shares or 0.04% of all its holdings. Jpmorgan Chase & reported 0% of its portfolio in Air Lease Corp (NYSE:AL). Icon Advisers stated it has 194,176 shares or 0.45% of all its holdings. Illinois-based Graybill Bartz & Associates has invested 3.15% in Air Lease Corp (NYSE:AL).
Since March 15, 2017, it had 0 insider purchases, and 4 selling transactions for $2.47 million activity. Chen Jie sold $1.17M worth of Air Lease Corp (NYSE:AL) on Thursday, March 16. $1.06M worth of Air Lease Corp (NYSE:AL) was sold by Levy Grant A. $154,750 worth of stock was sold by Poerschke John D on Wednesday, March 15.
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 rating was maintained by Deutsche Bank on Friday, August 7 with “Buy”. The stock of Air Lease Corp (NYSE:AL) has “Outperform” rating given on Friday, August 5 by FBR Capital. The stock of Air Lease Corp (NYSE:AL) earned “Buy” rating by RBC Capital Markets on Wednesday, July 5. FBR Capital maintained Air Lease Corp (NYSE:AL) rating on Tuesday, November 22. FBR Capital has “Outperform” rating and $40 target. The stock has “Equal-Weight” rating by Morgan Stanley on Thursday, April 6. The rating was downgraded by Bank of America on Wednesday, August 9 to “Hold”. Cowen & Co maintained the stock with “Buy” rating in Friday, August 4 report. As per Monday, July 17, the company rating was maintained by RBC Capital Markets. The firm earned “Top Pick” rating on Friday, August 7 by RBC Capital Markets. The firm has “Buy” rating by RBC Capital Markets given on Friday, May 26. 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: Globenewswire.com which released: “Air Lease Corporation and Napier Park Global Capital Establish a Second …” on August 03, 2017. Also Nasdaq.com published the news titled: “Air Lease corp. Q2 Profit Rises 10%” on August 03, 2017. Globenewswire.com‘s news article titled: “Air Lease Corporation Announces Lease Placement of Four New Airbus A330-900neo …” with publication date: July 31, 2017 was also an interesting one.
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