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

December 7, 2017 - By Hazel Jackson

 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 dropped, 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.
Invesco Limited accumulated 34,211 shares. Aqr Management Lc owns 9,797 shares or 0% of their US portfolio. Commercial Bank Of Montreal Can invested 0% in Aircastle Limited (NYSE:AYR). Prudential Financial holds 0.02% or 644,957 shares. Moreover, Los Angeles Capital Equity Inc has 0% invested in Aircastle Limited (NYSE:AYR). Wedge Capital Mgmt L Ltd Partnership Nc reported 518,577 shares or 0.11% of all its holdings. Campbell And Communication Adviser Llc holds 10,759 shares or 0.22% of its portfolio. Citigroup invested 0% in Aircastle Limited (NYSE:AYR). Denali Ltd stated it has 173 shares or 0% of all its holdings. Ameritas Investment Prtnrs owns 4,177 shares. Parametric Portfolio Associates Lc accumulated 215,056 shares. Blackrock holds 3.17 million shares. Stephens Ar reported 16,315 shares. Dimensional Fund Lp has 0.05% invested in Aircastle Limited (NYSE:AYR) for 5.04M shares. Amg Funds Llc reported 73,302 shares stake.

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 firm earned “Buy” rating on Tuesday, March 15 by Citigroup. The firm has “Hold” rating given on Tuesday, August 8 by Cowen & Co. Cowen & Co maintained the shares of AYR in report on Monday, September 11 with “Hold” rating. The rating was downgraded by Barclays Capital to “Underweight” on Friday, April 15. The rating was maintained by RBC Capital Markets on Thursday, November 2 with “Hold”. The stock has “Neutral” rating by Macquarie Research on Wednesday, November 4. Cowen & Co maintained the shares of AYR in report on Friday, July 7 with “Hold” rating. Credit Suisse maintained it with “Neutral” rating and $26 target in Friday, November 3 report. On Thursday, May 5 the stock rating was downgraded by Deutsche Bank to “Hold”. On Wednesday, July 19 the stock rating was maintained by RBC Capital Markets with “Hold”.

More notable recent Aircastle Limited (NYSE:AYR) news were published by: Nasdaq.com which released: “Aircastle Limited (AYR) Ex-Dividend Date Scheduled for November 29, 2017” on November 28, 2017, also Zacks.com with their article: “Why You Shouldn’t Bet Against Aircastle Limited (AYR) Stock November 28, 2017” published on November 28, 2017, Nasdaq.com published: “Aircastle Limited (AYR) Ex-Dividend Date Scheduled for February 24, 2017” on February 23, 2017. More interesting news about Aircastle Limited (NYSE:AYR) were released by: Zacks.com and their article: “Should Value Investors Consider Aircastle Limited Stock? February 24, 2017” published on February 24, 2017 as well as Seekingalpha.com‘s news article titled: “Aircastle: Attractive Yield, Little Downside Risk” with publication date: December 01, 2017.

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