Air Lease Corporation Class A (NYSE:AL) Could Improve Your Long Portfolio After Less Shorts Reported

Air Lease Corporation (NYSE:AL) Logo

Investors sentiment decreased to 1.09 in 2019 Q1. Its down 0.15, from 1.24 in 2018Q4. It turned negative, as 30 investors sold Air Lease Corporation shares while 83 reduced holdings. 33 funds opened positions while 90 raised stakes. 91.21 million shares or 1.18% more from 90.14 million shares in 2018Q4 were reported.
Bessemer Group Incorporated reported 855 shares. 80,784 were accumulated by Hudson Bay Capital Mgmt Lp. Prudential Fincl holds 646,859 shares. Selz Capital Limited Liability Corp has 7.84% invested in Air Lease Corporation (NYSE:AL) for 1.19M shares. Tiverton Asset Mngmt Limited Liability Com invested 0.07% in Air Lease Corporation (NYSE:AL). Tegean Capital Llc stated it has 7.65% of its portfolio in Air Lease Corporation (NYSE:AL). Shufro Rose & Lc invested 0.12% of its portfolio in Air Lease Corporation (NYSE:AL). Federated Invsts Pa owns 2.12M shares. Fmr Ltd Limited Liability Company has 1.35 million shares. Alyeska Grp Inc Lp has invested 0.01% of its portfolio in Air Lease Corporation (NYSE:AL). Beach Management Ltd owns 11,991 shares. Lazard Asset Mgmt Ltd Liability Com owns 354,174 shares or 0.02% of their US portfolio. Nordea Investment Mgmt Ab has 0% invested in Air Lease Corporation (NYSE:AL) for 36,900 shares. Cipher Cap L P reported 12,707 shares. Jpmorgan Chase And invested 0% of its portfolio in Air Lease Corporation (NYSE:AL).

The stock of Air Lease Corporation Class A (NYSE:AL) registered a decrease of 7.91% in short interest. AL’s total short interest was 4.17 million shares in July as published by FINRA. Its down 7.91% from 4.53 million shares, reported previously. With 638,500 shares average volume, it will take short sellers 7 days to cover their AL’s short positions. The short interest to Air Lease Corporation Class A’s float is 4.29%.

The stock increased 0.39% or $0.16 during the last trading session, reaching $41.69. About 1.03 million shares traded or 23.49% up from the average. Air Lease Corporation (NYSE:AL) has declined 13.27% since July 14, 2018 and is downtrending. It has underperformed by 17.70% the S&P500.

Air Lease Corporation, an aircraft leasing company, engages in the purchase and leasing of commercial jet transport aircraft to airlines worldwide. The company has market cap of $4.63 billion. The firm also sells aircraft from its operating lease portfolio to third parties, including other leasing companies, financial services companies, and airlines. It has a 8.63 P/E ratio. In addition, it provides fleet management services to investors and owners of aircraft portfolios.

Air Lease Corporation (NYSE:AL) Ratings Coverage

Among 2 analysts covering Air Lease (NYSE:AL), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Air Lease has $52 highest and $39 lowest target. $45.50’s average target is 9.14% above currents $41.69 stock price. Air Lease had 3 analyst reports since February 25, 2019 according to SRatingsIntel. Citigroup maintained it with “Hold” rating and $39 target in Monday, February 25 report.

More notable recent Air Lease Corporation (NYSE:AL) news were published by: Finance.Yahoo.com which released: “Here’s Why We Think Zoetis (NYSE:ZTS) Is Well Worth Watching – Yahoo Finance” on June 19, 2019, also Finance.Yahoo.com with their article: “Air Lease Corporation Announces Lease Placement of Six New Airbus A330-900neos with Virgin Atlantic Airways – Yahoo Finance” published on June 17, 2019, Finance.Yahoo.com published: “Should You Be Adding TE Connectivity (NYSE:TEL) To Your Watchlist Today? – Yahoo Finance” on June 17, 2019. More interesting news about Air Lease Corporation (NYSE:AL) were released by: Seekingalpha.com and their article: “Paris Airshow Day 4: Boeing And Airbus End Disappointing Show – Seeking Alpha” published on June 21, 2019 as well as Finance.Yahoo.com‘s news article titled: “Air Lease Corporation Announces Lease Placement of Three New Airbus A350-900 and One New Airbus A350-1000 Aircraft with Air Caraïbes and FrenchBee – Yahoo Finance” with publication date: June 16, 2019.

Air Lease Corporation (NYSE:AL) Ratings Chart

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