*Air Lease Corp (AL) Stake Held by Osterweis Capital Management Inc

May 3, 2018 - By Alice Fox

Air Lease Corporation (NYSE:AL) Corporate LogoBig Money Sentiment decreased to 1.09 in Q4 2017. It has change of 0.07, from 2017Q3’s 1.16. The ratio is negative due to AL positioning: 22 sold and 80 reduced. 43 funds bought stakes and 68 increased stakes. Investors holded 90.80 million in 2017Q3 but now own 89.49 million shares or 1.44% less. Moreover, Grassi Mgmt has 0.05% invested in Air Lease Corporation (NYSE:AL) for 7,050 shs. Tegean Capital Mngmt Llc holds 5.1% of its capital in Air Lease Corporation (NYSE:AL) for 215,000 shs. Schwab Charles holds 422,996 shs. Manufacturers Life Ins The holds 0% or 4,544 shs in its capital. Cannell Peter B & has invested 1.09% in Air Lease Corporation (NYSE:AL). Horizon Kinetics Ltd Llc reported 8,878 shs. Cwm Ltd Liability Co has invested 0% in Air Lease Corporation (NYSE:AL). Barclays Public Limited Com has invested 0.01% in Air Lease Corporation (NYSE:AL). Rhumbline Advisers holds 0.01% in Air Lease Corporation (NYSE:AL) or 91,229 shs. State Of Wisconsin Board has 19,893 shs. Blackrock holds 3.97M shs. Netherlands-based Robeco Institutional Asset Management Bv has invested 0% in Air Lease Corporation (NYSE:AL). First Republic Investment Incorporated owns 10,125 shs or 0% of their US capital. 137,219 were reported by Polaris Capital Management Ltd Com. Moreover, Capital Counsel Llc New York has 2.48% invested in Air Lease Corporation (NYSE:AL).

AL registered $8.74 million net activity with 0 insider buys and 11 selling transactions since December 13, 2017. UDVAR-HAZY STEVEN F sold $1.09M worth of stock. 2,000 shs were sold by Korde Kishore, worth $88,660. Levy Grant A sold $440,050 worth of stock. On Thursday, March 8 $132,870 worth of Air Lease Corporation (NYSE:AL) was sold by Baer Marc H.

According to 2017Q4 SEC form the John Osterweis reduced its holdings in Air Lease Corp (AL) by 13.03%. 131,460 shares were sold by Osterweis Capital Management Inc as the company’s stock declined 12.42% with the market. At the end of 2017Q4, the 877,187 shares of the diversified commercial services company held by the hedge fund run by John Osterweis were valued at $42.18 million, down from 1.01M at the end of the previous reported quarter. $4.38 billion is Air Lease Corp’s MC. The stock increased 0.64% or $0.27 during the last trading session, touching $42.17.Currently Air Lease Corporation is uptrending after 11.24% change in last May 3, 2017. AL has 261,289 shares volume. AL underperformed the S&P 500 by 0.31%.

Osterweis Capital Management Inc has risen its stake in and also increased its holding in by shares in the quarter, for a total of shares.

Earnings report for Air Lease Corporation (NYSE:AL) is anticipated on May, 10 after the close., according to RTT. Analysts have expectation on stock’s earnings per share of $0.96. That’s up 23.08 % from last year’s $0.78 earnings per share. If AL’s EPS is $0.96 the profit will hit $99.78M for 10.98 P/E. -9.43 % negative EPS growth is what analysts predict. $1.06 earnings per share was reported for previous quarter.

Air Lease Corporation (NYSE:AL) Ratings Coverage

Total analysts of 9 have positions in Air Lease Corporation (NYSE:AL) as follows: 6 rated it a “Buy”, 1 with “Sell” and 2 with “Hold”. The positive are 67%. The firm has $87.0 highest while $31 is the lowest target price. The average target $55.39 is 31.35% above the last ($42.17) price. Since November 10, 2017 according to StockzIntelligence Inc Air Lease Corporation has 14 analyst reports. The company rating was maintained by RBC Capital Markets on Monday, January 8. On Thursday, April 12 Morgan Stanley maintained Air Lease Corporation (NYSE:AL) rating. Morgan Stanley has “Equal-Weight” rating and $48 target. The company rating was maintained by UBS on Wednesday, February 21. On Friday, February 23 the rating was maintained by Credit Suisse with “Outperform”. On Friday, March 9 Bank of America upgraded Air Lease Corporation (NYSE:AL) to “Buy” rating. On Monday, November 13 the rating was maintained by Morgan Stanley with “Equal-Weight”. On Friday, November 10 the firm has “Sell” rating given by UBS. On Friday, February 23 the stock of Air Lease Corporation (NYSE:AL) earned “Buy” rating by RBC Capital Markets. On Tuesday, March 6 JP Morgan maintained the shares of AL in report with “Overweight” rating. In Wednesday, February 28 report Citigroup maintained the stock with “Neutral” rating.

Air Lease Corporation (NYSE:AL) Analyst Ratings Chart

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