Air Lease Corp (AL) Can’t Be More Hot. Just Reaches Record High

October 13, 2017 - By Peter Erickson

Investors sentiment increased to 1.15 in Q2 2017. Its up 0.22, from 0.93 in 2017Q1. It increased, as 39 investors sold Air Lease Corp shares while 65 reduced holdings. 37 funds opened positions while 83 raised stakes. 90.69 million shares or 0.16% less from 90.84 million shares in 2017Q1 were reported.
1,904 are owned by Creative Planning. Qs Ltd holds 0% or 3,464 shares in its portfolio. California Public Employees Retirement Sys holds 0.01% in Air Lease Corp (NYSE:AL) or 190,200 shares. Bancorporation Of America De reported 861,078 shares stake. United Automobile Association invested in 0.02% or 214,000 shares. Metropolitan Life Ins reported 2,888 shares. 454 were accumulated by Parallax Volatility Advisers L P. Cwm Lc invested in 0% or 9 shares. Tiedemann Wealth Ltd Liability Corp owns 0.03% invested in Air Lease Corp (NYSE:AL) for 11,400 shares. Citigroup owns 28,729 shares or 0% of their US portfolio. Piermont has 0.23% invested in Air Lease Corp (NYSE:AL). Cubist Systematic Strategies Limited Liability Corp invested in 9,700 shares or 0.02% of the stock. Bluecrest Cap holds 11,000 shares or 0.02% of its portfolio. Buffington Mohr Mcneal holds 117,990 shares. Barclays Public Limited Company has 0.01% invested in Air Lease Corp (NYSE:AL) for 243,751 shares.

Since June 1, 2017, it had 0 buys, and 2 sales for $1.14 million activity. Korde Kishore sold 2,000 shares worth $76,000.

The stock of Air Lease Corp (NYSE:AL) reached all time high today, Oct, 13 and still has $46.26 target or 4.00 % above today’s $44.48 share price. This indicates more upside for the $4.59B company. This technical setup was reported by If the $46.26 PT is reached, the company will be worth $183.60M more.
Trading stocks at an all time highs is usually a winning strategy. An all time high points to a stock which has the most positive fundamentals ever. Even thought the pullback rate is high, if correct risk management is utilized, investors can trade very well such events.

The stock increased 0.68% or $0.3 during the last trading session, reaching $44.48. About 361,991 shares traded. Air Lease Corp (NYSE:AL) has risen 29.12% since October 13, 2016 and is uptrending. It has outperformed by 12.42% the S&P500.

Investors wait Air Lease Corp (NYSE:AL) to report on November, 2. its quarterly earnings Wall Street analysts expect $0.87 earnings per share, up $0.01 or 1.16 % from last year’s $0.86 same quarter earnings. This translates into $89.78 million profit for AL giving the stock a 12.78 P/E. This is assuming the current $0.87 EPS is accurate. Air Lease Corp’s Wall Street analysts see -5.43 % negative EPS growth, taking into account the $0.92 EPS reproted in the previous quarter,

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 31 analyst reports since August 7, 2015 according to SRatingsIntel. The firm has “Outperform” rating given on Monday, December 28 by Credit Suisse. FBR Capital maintained Air Lease Corp (NYSE:AL) on Friday, November 4 with “Outperform” rating. The rating was initiated by DA Davidson with “Buy” on Friday, August 21. JP Morgan upgraded the stock to “Overweight” rating in Friday, November 13 report. RBC Capital Markets maintained the stock with “Buy” rating in Monday, July 17 report. RBC Capital Markets maintained Air Lease Corp (NYSE:AL) on Friday, May 6 with “Top Pick” rating. The firm earned “Buy” rating on Friday, August 7 by Deutsche Bank. RBC Capital Markets maintained Air Lease Corp (NYSE:AL) rating on Friday, September 29. RBC Capital Markets has “Top Pick” rating and $80 target. The firm earned “Buy” rating on Monday, July 10 by Cowen & Co. FBR Capital reinitiated it with “Outperform” rating and $40.0 target in Tuesday, October 13 report.

More news for Air Lease Corp (NYSE:AL) were recently published by:, which released: “Air Lease Corporation Announces Third Quarter 2017 Earnings Conference Call” on October 05, 2017.‘s article titled: “Air Lease Corporation Announces Lease Placement of One Additional New Airbus …” and published on October 12, 2017 is yet another important article.

Air Lease Corporation is an aircraft leasing company. The company has market cap of $4.59 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 12.95 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.

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