Could Aircastle Limited (NYSE:AYR) See a Reversal After Less Sellers Came In?

December 7, 2017 - By Adrian Erickson

 Could Aircastle Limited (NYSE:AYR) See a Reversal After Less Sellers Came In?

Investors sentiment decreased to 1.08 in 2017 Q2. Its down 0.09, from 1.17 in 2017Q1. It is negative, as 25 investors sold Aircastle Limited shares while 36 reduced holdings. 21 funds opened positions while 45 raised stakes. 47.91 million shares or 0.66% less from 48.23 million shares in 2017Q1 were reported.
Rothschild Asset holds 137,191 shares. Millennium Mgmt Ltd Liability Com has 0.01% invested in Aircastle Limited (NYSE:AYR) for 152,517 shares. Aqr Mngmt Lc invested 0% in Aircastle Limited (NYSE:AYR). Thompson Davis And Inc holds 500 shares or 0.02% of its portfolio. Amg Funds holds 0.88% or 73,302 shares. Lazard Asset Mgmt Limited Liability Co accumulated 0% or 8,000 shares. Frontier Inv Mgmt holds 0.02% of its portfolio in Aircastle Limited (NYSE:AYR) for 10,501 shares. Suntrust Banks Inc holds 0% or 9,711 shares. Alliancebernstein L P reported 0% in Aircastle Limited (NYSE:AYR). Ubs Asset Management Americas Incorporated holds 0% or 40,204 shares. Commercial Bank Of Montreal Can owns 153,612 shares or 0% of their US portfolio. Envestnet Asset Mngmt owns 56,105 shares or 0% of their US portfolio. Bnp Paribas Arbitrage Sa reported 9,362 shares. River Road Asset Mngmt Limited Company, Kentucky-based fund reported 2.04M shares. Rhumbline Advisers holds 0% or 72,831 shares in its portfolio.

The stock of Aircastle Limited (NYSE:AYR) registered a decrease of 15.5% in short interest. AYR’s total short interest was 919,600 shares in December as published by FINRA. Its down 15.5% from 1.09 million shares, reported previously. With 220,700 shares average volume, it will take short sellers 4 days to cover their AYR’s short positions. The short interest to Aircastle Limited’s float is 1.68%.

The stock increased 0.68% or $0.16 during the last trading session, reaching $23.81. About 140,917 shares traded. Aircastle Limited (NYSE:AYR) has risen 8.43% since December 7, 2016 and is uptrending. It has underperformed by 8.27% the S&P500.

Aircastle Limited, through its subsidiaries, acquires, leases, and sells commercial jet aircraft to airlines. The company has market cap of $1.87 billion. The firm also invests in other aviation assets. It has a 11.68 P/E ratio. As of December 31, 2016, its aircraft portfolio comprised 206 aircraft leased to 71 lessees located in 36 countries.

Aircastle Limited (NYSE:AYR) Ratings Coverage

Among 14 analysts covering Aircastle (NYSE:AYR), 2 have Buy rating, 1 Sell and 11 Hold. Therefore 14% are positive. Aircastle had 38 analyst reports since August 7, 2015 according to SRatingsIntel. The stock has “Underperform” rating by Bank of America on Monday, September 21. As per Friday, July 7, the company rating was maintained by Cowen & Co. The stock of Aircastle Limited (NYSE:AYR) earned “Outperform” rating by FBR Capital on Wednesday, November 2. The firm has “Hold” rating given on Thursday, May 5 by Deutsche Bank. Deutsche Bank maintained it with “Buy” rating and $19 target in Friday, February 12 report. The rating was maintained by RBC Capital Markets on Thursday, November 2 with “Hold”. The company was maintained on Friday, February 12 by Cowen & Co. The firm earned “Market Perform” rating on Friday, August 5 by FBR Capital. RBC Capital Markets maintained it with “Sector Perform” rating and $25 target in Wednesday, November 4 report. RBC Capital Markets maintained the shares of AYR in report on Monday, April 24 with “Hold” rating.

More notable recent Aircastle Limited (NYSE:AYR) news were published by: Nasdaq.com which released: “Aircastle Limited (AYR) Ex-Dividend Date Scheduled for February 24, 2017” on February 23, 2017, also Seekingalpha.com with their article: “Aircastle: Better Earnings, But Prefer Air Lease And AerCap” published on February 26, 2017, Nasdaq.com published: “Aircastle Limited (AYR) Ex-Dividend Date Scheduled for November 29, 2017” on November 28, 2017. More interesting news about Aircastle Limited (NYSE:AYR) were released by: Seekingalpha.com and their article: “Aircastle: Attractive Yield, Little Downside Risk” published on December 01, 2017 as well as Seekingalpha.com‘s news article titled: “Don’t Pay Trade Fees… Instead Get Paid To Buy Aircastle Limited Under …” with publication date: June 13, 2017.

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