Air Lease Corp (AL) Shareholder Artisan Partners Limited Partnership Cut Its Stake

Air Lease Corporation (NYSE:AL) LogoInvestors sentiment decreased to 1.09 in Q1 2019. Its down 0.15, from 1.24 in 2018Q4. It dived, as 30 investors sold AL 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. Tiaa Cref Invest Mngmt Ltd Liability Company stated it has 0.01% of its portfolio in Air Lease Corporation (NYSE:AL). State Common Retirement Fund invested in 0.01% or 233,800 shares. Moreover, Raymond James Services Advisors has 0% invested in Air Lease Corporation (NYSE:AL) for 8,300 shares. The New York-based Howe And Rusling has invested 0% in Air Lease Corporation (NYSE:AL). First Interstate Savings Bank reported 1,200 shares or 0.01% of all its holdings. James Invest Research has invested 0.05% in Air Lease Corporation (NYSE:AL). Provident Management invested 5.13% in Air Lease Corporation (NYSE:AL). Williams Jones And Associate Limited Liability has invested 0.29% in Air Lease Corporation (NYSE:AL). 8,170 were accumulated by Gam Ag. Beach Mngmt Limited, Pennsylvania-based fund reported 11,991 shares. Parallax Volatility Advisers Lp reported 0% stake. First Trust Advsrs Ltd Partnership has invested 0.02% of its portfolio in Air Lease Corporation (NYSE:AL). Pnc Financial Group holds 9,570 shares. Mufg Americas Holding Corp accumulated 740 shares or 0% of the stock. Regions Fincl accumulated 22,571 shares.

Artisan Partners Limited Partnership decreased its stake in Air Lease Corp (AL) by 1.93% based on its latest 2019Q1 regulatory filing with the SEC. Artisan Partners Limited Partnership sold 117,971 shares as the company’s stock rose 7.43% . The institutional investor held 6.01M shares of the diversified commercial services company at the end of 2019Q1, valued at $206.35M, down from 6.13M at the end of the previous reported quarter. Artisan Partners Limited Partnership who had been investing in Air Lease Corp for a number of months, seems to be less bullish one the $4.24B market cap company. The stock increased 0.08% or $0.03 during the last trading session, reaching $37.95. About 654,394 shares traded. Air Lease Corporation (NYSE:AL) has declined 3.40% since August 15, 2018 and is downtrending. It has underperformed by 3.40% the S&P500.

Artisan Partners Limited Partnership, which manages about $50.70B US Long portfolio, upped its stake in Cubic Corp (NYSE:CUB) by 82,171 shares to 521,146 shares, valued at $29.31 million in 2019Q1, according to the filing. It also increased its holding in Dowdupont Inc by 175,247 shares in the quarter, for a total of 1.26M shares, and has risen its stake in Acadia Pharmaceuticals Inc (NASDAQ:ACAD).

More notable recent Air Lease Corporation (NYSE:AL) news were published by: Seekingalpha.com which released: “Air Lease Corp.: A Great Opportunity – Seeking Alpha” on April 26, 2019, also Benzinga.com with their article: “Earnings Scheduled For August 8, 2019 – Benzinga” published on August 08, 2019, Finance.Yahoo.com published: “Examining Air Lease Corporation’s (NYSE:AL) Weak Return On Capital Employed – Yahoo Finance” on August 01, 2019. More interesting news about Air Lease Corporation (NYSE:AL) were released by: Seekingalpha.com and their article: “Boeing Crisis And Airbus Recovery – Seeking Alpha” published on July 30, 2019 as well as Finance.Yahoo.com‘s news article titled: “Vietnam Airlines Flies Its First Boeing 787-10 Dreamliner – Yahoo Finance” with publication date: August 15, 2019.

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 19.89% above currents $37.95 stock price. Air Lease had 3 analyst reports since February 25, 2019 according to SRatingsIntel. The rating was maintained by Citigroup on Monday, February 25 with “Hold”.

Air Lease Corporation (NYSE:AL) Ratings Chart

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