Monarch Partners Asset Management Has Upped Its Aar (AIR) Holding; Aes (AES)’s Sentiment Is 1.26

June 14, 2018 - By whatsonthorold

AAR Corp. (NYSE:AIR) Logo

Aes Corp (AES) investors sentiment increased to 1.26 in Q1 2018. It’s up 0.41, from 0.85 in 2017Q4. The ratio is positive, as 210 investment managers increased and opened new positions, while 167 sold and reduced holdings in Aes Corp. The investment managers in our database now have: 605.58 million shares, up from 597.29 million shares in 2017Q4. Also, the number of investment managers holding Aes Corp in top ten positions increased from 3 to 8 for an increase of 5. Sold All: 30 Reduced: 137 Increased: 150 New Position: 60.

Monarch Partners Asset Management Llc increased Aar Corp (AIR) stake by 14.39% reported in 2018Q1 SEC filing. Monarch Partners Asset Management Llc acquired 22,820 shares as Aar Corp (AIR)’s stock rose 1.30%. The Monarch Partners Asset Management Llc holds 181,400 shares with $8.00 million value, up from 158,580 last quarter. Aar Corp now has $1.66 billion valuation. The stock increased 0.82% or $0.4 during the last trading session, reaching $49.05. About 12,873 shares traded. AAR Corp. (NYSE:AIR) has risen 29.22% since June 14, 2017 and is uptrending. It has outperformed by 16.65% the S&P500. Some Historical AIR News: ; 21/03/2018 – AAR CORP AIR.N : CREDIT SUISSE RAISES TARGET PRICE TO $51 FROM $49; RATING OUTPERFORM; 20/03/2018 – AAR Corp Backs FY19 Cont Ops EPS $2.50-EPS $2.80; 25/05/2018 – AAR CORP – DAVID P. STORCH WILL CONTINUE AS CHIEF EXECUTIVE OFFICER UNTIL HIS RETIREMENT ON MAY 31, 2018; 24/05/2018 – CORRECT: AAR DID NOT REPORT 4Q RESULTS; 20/03/2018 – AAR Corp Backs FY19 Sales $2.1B-$2.2B; 20/03/2018 – AAR CORP AIR.N FY2019 SHR VIEW $2.73, REV VIEW $2.20 BLN — THOMSON REUTERS l/B/E/S; 20/03/2018 – RPT-AAR CORP – AFFIRMING GUIDANCE FOR FISCAL 2019; 21/05/2018 – AAR CORP AIR.N FY2019 SHR VIEW $2.74 — THOMSON REUTERS l/B/E/S; 21/05/2018 – AAR DOESN’T SEE FY19 EFFECT ON SLOWER RAMP-UP OF WASS PROGRAM; 16/05/2018 – Héroux-Devtek Signs a Landing Gear Remanufacturing Contract with AAR in Support of the U.S. Air Force

Ratings analysis reveals 0 of AES’s analysts are positive. Out of 4 Wall Street analysts rating AES, 0 give it “Buy”, 2 “Sell” rating, while 2 recommend “Hold”. The lowest target is $11.0 while the high is $12.0. The stock’s average target of $11.67 is -11.79% below today’s ($13.23) share price. AES was included in 4 notes of analysts from October 3, 2016. The stock of The AES Corporation (NYSE:AES) has “Equal Weight” rating given on Tuesday, October 4 by Barclays Capital. The stock of The AES Corporation (NYSE:AES) has “Underperform” rating given on Tuesday, November 22 by Bank of America. UBS downgraded the shares of AES in report on Monday, October 3 to “Sell” rating. The firm has “Sector Perform” rating given on Wednesday, January 4 by RBC Capital Markets.

Analysts await The AES Corporation (NYSE:AES) to report earnings on August, 14. They expect $0.29 EPS, up 16.00% or $0.04 from last year’s $0.25 per share. AES’s profit will be $191.80 million for 11.41 P/E if the $0.29 EPS becomes a reality. After $0.28 actual EPS reported by The AES Corporation for the previous quarter, Wall Street now forecasts 3.57% EPS growth.

The stock increased 0.76% or $0.1 during the last trading session, reaching $13.23. About 166,313 shares traded. The AES Corporation (AES) has risen 5.35% since June 14, 2017 and is uptrending. It has underperformed by 7.22% the S&P500. Some Historical AES News: ; 30/05/2018 – SRP, AES Launch Arizona’s First Standalone Energy Storage Project to Provide Flexible Peaking Capacity; 22/05/2018 – Fitch Maintains AES Puerto Rico L.P.’s Senior Bonds on Rating Watch Negative; 08/05/2018 – AES SEES SOUTHERN CALIFORNIA GAS PLANT IN SERVICE BY 1H 2020; 05/04/2018 – AES & Partners Begin Phase Il of the Mocanaqua Tunnel Project; 24/05/2018 – TONIX PHARMACEUTICALS HOLDING CORP – MAJORITY OF AES WERE MILD AND TRANSIENT, AND NONE LED TO PK STUDY DISCONTINUATION; 15/03/2018 – AES CORP – SETTLEMENT DATE FOR SECURITIES TENDERED AND ACCEPTED FOR PURCHASE IS EXPECTED TO OCCUR BY MARCH 29, 2018; 07/05/2018 – AES TIETE 1Q NET REV. R$430.1M, EST. R$470.0M; 07/05/2018 – AES TIETE 1Q NET BRL54.8M; 14/03/2018 – BRAZIL’S ELETROPAULO SAYS SHAREHOLDER AES STUDYING ALTERNATIVES FOR DISPOSAL OF ITS STAKE, NO DECISIONS MADE; 28/03/2018 – INDIA’S ENFORCEMENT DIRECTORATE – ATTACHES FUNDS WORTH 156.1 MLN RUPEES OF AES CHATTISGARH ENERGY UNDER PMLA IN COAL BLOCK ALLOCATION CASE

Electron Capital Partners Llc holds 8.26% of its portfolio in The AES Corporation for 3.83 million shares. Capital International Sarl owns 3.68 million shares or 4.01% of their US portfolio. Moreover, Avenir Corp has 3.51% invested in the company for 2.83 million shares. The United Kingdom-based Dynamic Capital Management Ltd has invested 3.37% in the stock. Symons Capital Management Inc, a Pennsylvania-based fund reported 923,206 shares.

The AES Corporation operates as a diversified power generation and utility company. The company has market cap of $8.75 billion. It owns and/or operates power plants to generate and sell power to customers, such as utilities, industrial users, and other intermediaries. It currently has negative earnings. The firm also owns and/or operates utilities to generate or purchase, distribute, transmit, and sell electricity to end-user clients in the residential, commercial, industrial, and governmental sectors; and generates and sells electricity on the wholesale market.

Since January 17, 2018, it had 0 buys, and 5 sales for $5.78 million activity. 48,500 shares valued at $2.12M were sold by STORCH DAVID P on Wednesday, April 4. PACE PETER sold $212,900 worth of stock. Anderson Anthony sold 5,000 shares worth $220,374.

Monarch Partners Asset Management Llc decreased Pacwest Bancorp Del (NASDAQ:PACW) stake by 29,070 shares to 136,824 valued at $6.78 million in 2018Q1. It also reduced Red Robin Gourmet Burgers In (NASDAQ:RRGB) stake by 117,659 shares and now owns 208,989 shares. Coherent Inc (NASDAQ:COHR) was reduced too.

Investors sentiment increased to 1.39 in Q1 2018. Its up 0.50, from 0.89 in 2017Q4. It is positive, as 16 investors sold AIR shares while 43 reduced holdings. 29 funds opened positions while 53 raised stakes. 30.52 million shares or 1.25% more from 30.14 million shares in 2017Q4 were reported. Beach Point Mgmt Lp stated it has 390,565 shares or 3.85% of all its holdings. American Intll Grp Inc Inc stated it has 20,816 shares. Millennium Mgmt Ltd Liability Company holds 0% or 19,042 shares. Rhumbline Advisers invested in 88,698 shares or 0.01% of the stock. Monarch Asset Management Limited Liability Com holds 181,400 shares or 0.74% of its portfolio. Numerixs Investment Technology Inc owns 3,100 shares. Glenmede Trust Na stated it has 6,108 shares or 0% of all its holdings. Trexquant Invest Lp stated it has 60,603 shares or 0.19% of all its holdings. Savings Bank Of Montreal Can has 3,209 shares for 0% of their portfolio. Employees Retirement System Of Ohio has invested 0% of its portfolio in AAR Corp. (NYSE:AIR). Rafferty Asset Lc stated it has 15,010 shares or 0.01% of all its holdings. Aperio Gp Ltd Liability Company accumulated 16,500 shares or 0% of the stock. Employees Retirement Association Of Colorado has 0% invested in AAR Corp. (NYSE:AIR). Moreover, Castleark Mgmt Ltd Liability Com has 0.21% invested in AAR Corp. (NYSE:AIR) for 149,433 shares. California-based Schwab Charles Incorporated has invested 0.01% in AAR Corp. (NYSE:AIR).

Among 7 analysts covering AAR Corp. (NYSE:AIR), 7 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. AAR Corp. had 22 analyst reports since December 22, 2015 according to SRatingsIntel. The company was initiated on Thursday, January 19 by SunTrust. The firm has “Hold” rating given on Wednesday, October 11 by Canaccord Genuity. The stock has “Outperform” rating by Credit Suisse on Thursday, March 22. The rating was upgraded by Credit Suisse on Friday, January 12 to “Buy”. The stock has “Buy” rating by SunTrust on Wednesday, November 1. Canaccord Genuity upgraded the shares of AIR in report on Thursday, February 8 to “Buy” rating. The stock of AAR Corp. (NYSE:AIR) earned “Buy” rating by Suntrust Robinson on Thursday, January 19. As per Wednesday, July 12, the company rating was maintained by Noble Financial. As per Tuesday, January 16, the company rating was maintained by Noble Financial. The rating was maintained by Canaccord Genuity with “Hold” on Thursday, January 11.

More notable recent AAR Corp. (NYSE:AIR) news were published by: Streetinsider.com which released: “Engine makers on track with recovery plan for A320 engines, Airbus says” on June 14, 2018, also Streetinsider.com with their article: “India airlines spread their wings to escape airfare war at home” published on June 13, 2018, Seekingalpha.com published: “Updated Aerospace & Defense Stocks: Which Best Wealth-Builders Now?” on May 20, 2018. More interesting news about AAR Corp. (NYSE:AIR) were released by: Streetinsider.com and their article: “Rolls-Royce, preparing to cut thousands of jobs, says engine problem has spread” published on June 11, 2018 as well as Streetinsider.com‘s news article titled: “Air NZ to lease two Boeing 777s to cover for 787s with Rolls-Royce engine problems” with publication date: June 04, 2018.

AAR Corp. (NYSE:AIR) Institutional Positions Chart

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