Aircastle LTD (NYSE:AYR) Institutional Investors Sentiment Index Improved in Q4 2017

April 16, 2018 - By Winifred Garcia

Aircastle Limited (NYSE:AYR) Logo

Sentiment for Aircastle LTD (NYSE:AYR)

Aircastle LTD (NYSE:AYR) institutional sentiment increased to 1.54 in Q4 2017. Its up 0.45, from 1.09 in 2017Q3. The ratio is more positive, as 80 investment managers increased and started new holdings, while 52 sold and reduced stock positions in Aircastle LTD. The investment managers in our partner’s database now possess: 47.41 million shares, down from 47.77 million shares in 2017Q3. Also, the number of investment managers holding Aircastle LTD in their top 10 holdings was flat from 1 to 1 for the same number . Sold All: 12 Reduced: 40 Increased: 48 New Position: 32.

Aircastle Limited, through its subsidiaries, acquires, leases, and sells commercial jet aircraft to airlines. The company has market cap of $1.57 billion. The firm also invests in other aviation assets. It has a 10.66 P/E ratio. As of December 31, 2016, its aircraft portfolio comprised 206 aircraft leased to 71 lessees located in 36 countries.

The stock increased 0.50% or $0.1 during the last trading session, reaching $19.94. About 52,792 shares traded. Aircastle Limited (NYSE:AYR) has declined 16.04% since April 16, 2017 and is downtrending. It has underperformed by 27.59% the S&P500.

Analysts await Aircastle Limited (NYSE:AYR) to report earnings on May, 3. They expect $0.43 earnings per share, down 21.82 % or $0.12 from last year’s $0.55 per share. AYR’s profit will be $33.77 million for 11.59 P/E if the $0.43 EPS becomes a reality. After $0.70 actual earnings per share reported by Aircastle Limited for the previous quarter, Wall Street now forecasts -38.57 % negative EPS growth.

Goodnow Investment Group Llc holds 3.09% of its portfolio in Aircastle Limited for 721,353 shares. Ontario Teachers Pension Plan Board owns 7.89 million shares or 2.27% of their US portfolio. Moreover, Dean Capital Management has 1.03% invested in the company for 93,020 shares. The Connecticut-based Amg Funds Llc has invested 0.87% in the stock. River Road Asset Management Llc, a Kentucky-based fund reported 1.94 million shares.#img1#

Aircastle Limited (NYSE:AYR) Ratings Coverage

Ratings analysis reveals 0 of Aircastle Limited’s analysts are positive. Out of 6 Wall Street analysts rating Aircastle Limited, 0 give it “Buy”, 0 “Sell” rating, while 6 recommend “Hold”. The lowest target is $24 while the high is $26. The stock’s average target of $24.60 is 23.37% above today’s ($19.94) share price. AYR was included in 7 notes of analysts from November 2, 2017. The firm has “Hold” rating by RBC Capital Markets given on Thursday, November 2. As per Tuesday, February 13, the company rating was maintained by RBC Capital Markets. On Tuesday, March 6 the stock rating was maintained by JP Morgan with “Neutral”. The stock of Aircastle Limited (NYSE:AYR) earned “Equal-Weight” rating by Stephens on Wednesday, February 14. The stock of Aircastle Limited (NYSE:AYR) earned “Hold” rating by Citigroup on Friday, December 8. Credit Suisse maintained it with “Neutral” rating and $26 target in Friday, November 3 report. On Tuesday, February 13 the stock rating was maintained by Cowen & Co with “Hold”.

Aircastle Limited (NYSE:AYR) Ratings Chart

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