From MarketBeat:

Hahn Capital Management LLC cut its shares of Air Lease Co. by 15.4% in Q3. The firm now owns 215,402 shares, worth $8,489,000. Other institutions have also been buying and selling shares of Air Lease, with 88.16% of the stock being owned by hedge funds and other institutional investors. The stock is currently rated as a “Moderate Buy.”

Shares of Air Lease were up 1.0% to $40.25 on Friday. The company has a market cap of $4.47 billion, a PE ratio of 9.00, a P/E/G ratio of 0.83 and a beta of 1.70. The firm’s fifty-day simple moving average is $38.99 and its 200-day simple moving average is $39.66.

Air Lease last issued its earnings results on Monday, November 6th, with earnings per share of $1.10 for the quarter. Revenue was $659.36 million for the quarter. Air Lease Co. is expected to post 4.37 EPS for the current fiscal year. The firm also announced a quarterly dividend of $0.21 per share, a positive change from its previous quarterly dividend of $0.20.

Air Lease Corporation, an aircraft leasing company, engages in the purchase and leasing of commercial jet aircraft to airlines worldwide. It also provides fleet management services to investors and owners of aircraft portfolios. The company sells aircraft from its fleet to third parties, including other leasing companies, financial services companies, airlines, and other investors.



Read more: Hahn Capital Management LLC Lowers Stock Holdings in Air Lease Co. (NYSE:AL)