Aircastle Limited (NYSE:AYR) on Focus After Report of Less Shorts

December 7, 2017 - By Vivian Currie

 Aircastle Limited (NYSE:AYR) on Focus After Report of Less Shorts

Investors sentiment decreased to 1.08 in Q2 2017. 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.
192,600 were reported by California Public Employees Retirement Systems. Moreover, Bridgeway Cap Management has 0.06% invested in Aircastle Limited (NYSE:AYR) for 216,200 shares. California-based Assetmark Incorporated has invested 0% in Aircastle Limited (NYSE:AYR). Advisory Net Limited Liability Company has invested 0% in Aircastle Limited (NYSE:AYR). Zurcher Kantonalbank (Zurich Cantonalbank) owns 1,656 shares or 0% of their US portfolio. Pinnacle Llc, a Oklahoma-based fund reported 71,551 shares. 15,434 were accumulated by Lpl Financial Limited Liability Corp. First Republic Investment Mngmt Incorporated accumulated 29,415 shares or 0% of the stock. Wealthtrust reported 0% of its portfolio in Aircastle Limited (NYSE:AYR). United Services Automobile Association, a Texas-based fund reported 367,000 shares. Savings Bank Of Montreal Can holds 0% or 153,612 shares. Swiss Bankshares accumulated 91,600 shares or 0% of the stock. River Road Asset Mngmt Limited Liability Company reported 2.04 million shares. 860 were accumulated by Us Bankshares De. Jefferies Gp Ltd Company has invested 0% in Aircastle Limited (NYSE:AYR).

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. The stock has “Hold” rating by Deutsche Bank on Thursday, May 5. The stock has “Outperform” rating by Cowen & Co on Friday, February 12. The rating was maintained by Credit Suisse with “Neutral” on Friday, November 3. FBR Capital upgraded the stock to “Outperform” rating in Wednesday, November 2 report. RBC Capital Markets maintained Aircastle Limited (NYSE:AYR) on Wednesday, July 19 with “Hold” rating. On Friday, August 21 the stock rating was initiated by DA Davidson with “Neutral”. As per Friday, August 5, the company rating was downgraded by FBR Capital. The company was downgraded on Thursday, April 14 by Wells Fargo. The rating was maintained by Macquarie Research with “Neutral” on Wednesday, November 4. As per Tuesday, February 28, the company rating was upgraded by Bank of America.

More notable recent Aircastle Limited (NYSE:AYR) news were published by: Seekingalpha.com which released: “Aircastle: Better Earnings, But Prefer Air Lease And AerCap” on February 26, 2017, also Nasdaq.com with their article: “Aircastle Limited (AYR) Ex-Dividend Date Scheduled for February 24, 2017” published on February 23, 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: Zacks.com and their article: “Why You Shouldn’t Bet Against Aircastle Limited (AYR) Stock November 28, 2017” published on November 28, 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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