Aar Corp (NYSE:AIR) Institutional Investor Sentiment Trend

May 17, 2018 - By Jason Grubb

AAR Corp. (NYSE:AIR) Logo

Sentiment for Aar Corp (NYSE:AIR)

Aar Corp (NYSE:AIR) institutional sentiment decreased to 0.89 in Q4 2017. Its down -0.61, from 1.5 in 2017Q3. The ratio is negative, as 71 funds increased and opened new positions, while 80 sold and decreased their holdings in Aar Corp. The funds in our partner’s database now have: 30.14 million shares, up from 30.06 million shares in 2017Q3. Also, the number of funds holding Aar Corp in their top 10 positions increased from 1 to 2 for an increase of 1. Sold All: 22 Reduced: 58 Increased: 43 New Position: 28.

AAR CORP. provides products and services to commercial aviation, government, and defense markets worldwide. The company has market cap of $1.59 billion. The companyÂ’s Aviation Services segment offers aftermarket support and services; inventory management and distribution services; and maintenance, repair, and overhaul, as well as engineering services. It has a 67.3 P/E ratio. This segment also sells and leases new, overhauled, and repaired engine and airframe parts and components; and provides inventory and repair programs, warranty claim management, and outsourcing programs for engine and airframe parts and components, as well as performance logistics programs in support of the U.S.

The stock increased 0.52% or $0.24 during the last trading session, reaching $46.84. About 96,137 shares traded. AAR Corp. (NYSE:AIR) has risen 31.71% since May 17, 2017 and is uptrending. It has outperformed by 20.16% the S&P500.

Analysts await AAR Corp. (NYSE:AIR) to report earnings on July, 10. They expect $0.69 earnings per share, up 56.82 % or $0.25 from last year’s $0.44 per share. AIR’s profit will be $23.41M for 16.97 P/E if the $0.69 EPS becomes a reality. After $0.49 actual earnings per share reported by AAR Corp. for the previous quarter, Wall Street now forecasts 40.82 % EPS growth.

Marcato Capital Management Lp holds 4.72% of its portfolio in AAR Corp. for 1.31 million shares. Beach Point Capital Management Lp owns 459,046 shares or 4.32% of their US portfolio. Moreover, Scholtz & Company Llc has 1.57% invested in the company for 55,195 shares. The Wisconsin-based Heartland Advisors Inc has invested 0.89% in the stock. Telemark Asset Management Llc, a Massachusetts-based fund reported 110,000 shares.

Since January 1, 0001, it had 0 insider purchases, and 5 selling transactions for $5.78 million activity.

AAR Corp. (NYSE:AIR) Ratings Coverage

Ratings analysis reveals 100% of AAR Corp’s analysts are positive. Out of 4 Wall Street analysts rating AAR Corp, 4 give it “Buy”, 0 “Sell” rating, while 0 recommend “Hold”. The lowest target is $42.0 while the high is $51. The stock’s average target of $45.50 is -2.86% below today’s ($46.84) share price. AIR was included in 7 notes of analysts from December 22, 2017. Credit Suisse upgraded it to “Buy” rating and $49.0 target in Friday, January 12 report. The stock of AAR Corp. (NYSE:AIR) has “Buy” rating given on Tuesday, January 16 by Noble Financial. The rating was upgraded by Seaport Global to “Buy” on Tuesday, January 16. Canaccord Genuity upgraded AAR Corp. (NYSE:AIR) on Thursday, February 8 to “Buy” rating. Credit Suisse maintained AAR Corp. (NYSE:AIR) rating on Thursday, March 22. Credit Suisse has “Outperform” rating and $51 target. The firm earned “Hold” rating on Thursday, January 11 by Canaccord Genuity. The firm has “Buy” rating by Noble Financial given on Friday, December 22.

More important recent AAR Corp. (NYSE:AIR) news were published by: Streetinsider.com which released: “Marcato Capital’s 13F Shows New Stake in Astec Industries (ASTE), Univar (UNVR), Increase in Rayonier (RYAM …” on May 15, 2018, also Streetinsider.com published article titled: “Marcato Capital Shows New Stakes in Astec Industries (ASTE), Univar (UNVR) (more…) – 13f”, Streetinsider.com published: “Iceland’s Wow Air to launch low cost, long haul flights to India” on May 15, 2018. More interesting news about AAR Corp. (NYSE:AIR) was released by: Streetinsider.com and their article: “Exclusive: Dubai Aerospace in talks to place huge order for 400 jets” with publication date: May 17, 2018.

AAR Corp. (NYSE:AIR) Institutional Positions Chart

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