Institutional Investors Hate on Atlas Air Worldwide Holdings Inc Crashed

May 17, 2018 - By Christine McCrea

AAR Corp. (NYSE:AIR) Logo

Sentiment for Atlas Air Worldwide Holdings Inc (NYSE:AIR)

Atlas Air Worldwide Holdings Inc (NYSE:AIR) institutional sentiment decreased to 1.05 in 2017 Q4. Its down -0.15, from 1.2 in 2017Q3. The ratio fall, as 115 investment professionals opened new and increased stock positions, while 110 sold and reduced stakes in Atlas Air Worldwide Holdings Inc. The investment professionals in our partner’s database now hold: 35.06 million shares, up from 34.54 million shares in 2017Q3. Also, the number of investment professionals holding Atlas Air Worldwide Holdings Inc in their top 10 stock positions decreased from 7 to 5 for a decrease of 2. Sold All: 28 Reduced: 82 Increased: 75 New Position: 40.

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 67.31 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 0.54% or $0.25 during the last trading session, reaching $46.85. About 97,413 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 EPS, up 56.82 % or $0.25 from last year’s $0.44 per share. AIR’s profit will be $23.42M for 16.97 P/E if the $0.69 EPS becomes a reality. After $0.49 actual EPS 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 insider sales 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 -2.88% below today’s ($46.85) share price. AIR was included in 7 notes of analysts from December 22, 2017. Credit Suisse maintained AAR Corp. (NYSE:AIR) on Thursday, March 22 with “Outperform” rating. The rating was maintained by Noble Financial on Tuesday, January 16 with “Buy”. Credit Suisse upgraded the shares of AIR in report on Friday, January 12 to “Buy” rating. As per Thursday, January 11, the company rating was maintained by Canaccord Genuity. The stock has “Buy” rating by Seaport Global on Tuesday, January 16. Canaccord Genuity upgraded AAR Corp. (NYSE:AIR) on Thursday, February 8 to “Buy” rating. Noble Financial maintained the shares of AIR in report on Friday, December 22 with “Buy” rating.

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

AAR Corp. (NYSE:AIR) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.




Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: