Aircastle Limited (NYSE:AYR) Reports Decline in Sellers; Strong Momentum for Longs

December 7, 2017 - By Henry Gaston

 Aircastle Limited (NYSE:AYR) Reports Decline in Sellers; Strong Momentum for Longs

Investors sentiment decreased to 1.08 in Q2 2017. Its down 0.09, from 1.17 in 2017Q1. It worsened, 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.
192,600 were accumulated by California Pub Employees Retirement System. Employees Retirement Association Of Colorado holds 0.07% in Aircastle Limited (NYSE:AYR) or 448,489 shares. State Board Of Administration Of Florida Retirement has 0% invested in Aircastle Limited (NYSE:AYR) for 43,933 shares. Gsa Capital Prtn Limited Liability Partnership invested in 146,184 shares or 0.21% of the stock. Natl Bank Of Montreal Can stated it has 0% in Aircastle Limited (NYSE:AYR). Gp One Trading L P owns 7,068 shares. Point72 Asia (Hong Kong) Ltd accumulated 4,817 shares. Stephens Ar owns 16,315 shares for 0.01% of their portfolio. Citadel Advsrs Llc holds 0% or 85,623 shares in its portfolio. Lpl Finance Ltd Liability Com holds 0% or 15,434 shares in its portfolio. Legal And General Group Public Ltd has 0% invested in Aircastle Limited (NYSE:AYR). California State Teachers Retirement Systems invested 0% of its portfolio in Aircastle Limited (NYSE:AYR). Susquehanna Intll Gp Limited Liability Partnership holds 139,249 shares or 0% of its portfolio. Amg Funds Ltd Liability Corp owns 0.88% invested in Aircastle Limited (NYSE:AYR) for 73,302 shares. Bnp Paribas Arbitrage Sa accumulated 9,362 shares.

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 1.09M 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. As per Friday, February 12, the company rating was upgraded by FBR Capital. The rating was downgraded by Deutsche Bank on Thursday, May 5 to “Hold”. As per Friday, February 12, the company rating was maintained by Deutsche Bank. As per Friday, July 7, the company rating was maintained by Cowen & Co. The company was maintained on Wednesday, November 11 by Barclays Capital. RBC Capital Markets maintained Aircastle Limited (NYSE:AYR) on Monday, April 24 with “Hold” rating. The firm has “Market Perform” rating given on Wednesday, February 15 by Cowen & Co. The stock of Aircastle Limited (NYSE:AYR) earned “Neutral” rating by Bank of America on Tuesday, February 28. Credit Suisse maintained Aircastle Limited (NYSE:AYR) on Friday, November 3 with “Neutral” rating. Cowen & Co maintained Aircastle Limited (NYSE:AYR) on Monday, October 16 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: “Don’t Pay Trade Fees… Instead Get Paid To Buy Aircastle Limited Under …” published on June 13, 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 Zacks.com‘s news article titled: “Should Value Investors Consider Aircastle Limited Stock? February 24, 2017” with publication date: February 24, 2017.

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