LLBH Private Wealth Management LLC purchased a new stake in shares of Air Lease Corporation during the first quarter valued at approximately $201,000. Alps Advisors Inc. now owns 12,316 shares of the transportation company's stock valued at $460,000 after buying an additional 32 shares during the period.
Shares of Willis Lease Finance Corporation (NASDAQ WLFC) traded down 1.25% during trading on Thursday, hitting $24.47. Garrison Bradford & Associates Inc. raised its position in shares of Air Lease Corporation by 0.9% in the first quarter. Bank of Montreal Can now owns 3,856 shares of the transportation company's stock valued at $150,000 after buying an additional 35 shares during the period. Northern holds 0.01% in Air Lease Corp (NYSE:AL) or 954,755 shares.
Hightower Advisors Llc increased Wisdomtree Tr (DLN) stake by 7,526 shares to 13,449 valued at $1.07M in 2016Q4. Institutional investors own 91.94% of the company's stock.
Among 12 analysts covering Air Lease (NYSE:AL), 10 have Buy rating, 0 Sell and 2 Hold. The stock has a 50-day moving average of $44.97 and a 200-day moving average of $45.23. Air Lease Corporation has a 1-year low of $27.05 and a 1-year high of $43.39.
Air Lease Corporation (NYSE:AL) last posted its quarterly earnings data on Thursday, August 3rd. Analysts expect next quarter's EPS will be $0.91 with next year's EPS projected to be $4.09. The business had revenue of $1.07 billion during the quarter, compared to analysts' expectations of $1.06 billion. Sealed Air Corp (NYSE:SEE) has declined 6.94% since August 10, 2016 and is downtrending. Sealed Air Corporation's revenue was up 3.0% compared to the same quarter past year. News about a company's financial status, products, or plans, whether positive or negative, will typically result in a temporary increase in the trade volume of its stock. Equities analysts predict that Air Lease Corporation will post $3.45 EPS for the current fiscal year.More news: Trump's 'fire and fury' broadside his own, White House says
More notable recent Air Lease Corp (NYSE:AL) news were published by: Streetinsider.com which released: "Air Lease Corp (AL) PT Raised to $45 at Cowen; Reiterates Outperform" on August 04, 2017, also Bizjournals.com with their article: "Boeing sells 787 Dreamliners to Air Lease and finalizes 737 Max deal from ..." published on August 09, 2017, Nasdaq.com published: "Air Lease Corporation and Napier Park Global Capital Establish a Second ..." on August 03, 2017. The dividend yield will be $0.70. The ex-dividend date of this dividend is Wednesday, August 30th. The transportation company reported $0.92 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.84 by $0.08. Air Lease Corporation's payout ratio is now 8.70%.
TRADEMARK VIOLATION WARNING: This piece of content was first reported by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are viewing this report on another domain, it was illegally stolen and reposted in violation of United States & worldwide copyright & trademark legislation. Zacks Investment Research upgraded shares of Air Lease Corporation from a "sell" rating to a "hold" rating in a report on Monday, July 10th. TheStreet lowered shares of Sealed Air Corporation from a "b" rating to a "c+" rating in a report on Tuesday, May 9th. The firm has "Buy" rating by RBC Capital Markets given on Friday, May 26. This change led market cap to move at $8.77B, putting the price -11.10% below the 52-week high and 7.81% above the 52-week low. On March 15 Citigroup held the company rating at "Buy" and raised the price target to $50.50 from $33.00. RBC Capital Markets maintained the shares of AL in report on Wednesday, July 5 with "Buy" rating.
In other Sealed Air Corporation news, insider Emile Z. Chammas bought 3,000 shares of the firm's stock in a transaction that occurred on Tuesday, May 16th. The stock was sold at an average price of $43.00, for a total transaction of $430,000.00. Moreover, Mount Lucas Management Lp has 2.37% invested in the company for 847,432 shares. The acquisition was disclosed in a filing with the SEC, which is available through this link.
From another technical standpoint, Air Lease Corporation (NYSE:AL)'s 14-day Relative Strength Index (RSI) has reached 50.96, putting it inside a neutral zone.
Sealed Air Corporation is engaged in food safety and security, facility hygiene and product protection firm. the firms segments are Food Care, Diversey Care, Product Care and Other (includes Corporate, Medical Applications and New Ventures businesses).