CBL & Associates Properties, (CBL) Reaches $4.38 After 8.00% Up Move; Aircastle Limited (AYR) Had 1 Analysts Last Week

April 17, 2018 - By Peter Mason

Aircastle Limited (NYSE:AYR) Logo

The stock of CBL & Associates Properties, Inc (NYSE:CBL) is a huge mover today! The stock increased 2.10% or $0.09 during the last trading session, reaching $4.38. About 653,878 shares traded. CBL & Associates Properties, Inc (NYSE:CBL) has declined 52.07% since April 17, 2017 and is downtrending. It has underperformed by 63.62% the S&P500.The move comes after 7 months positive chart setup for the $875.73M company. It was reported on Apr, 17 by Barchart.com. We have $4.73 PT which if reached, will make NYSE:CBL worth $70.06M more.

Among 14 analysts covering Aircastle (NYSE:AYR), 1 have Buy rating, 0 Sell and 13 Hold. Therefore 7% are positive. Aircastle had 43 analyst reports since August 7, 2015 according to SRatingsIntel. On Friday, July 7 the stock rating was maintained by Cowen & Co with “Hold”. RBC Capital Markets maintained the shares of AYR in report on Thursday, November 2 with “Hold” rating. JP Morgan upgraded the stock to “Neutral” rating in Friday, November 13 report. The rating was maintained by Cowen & Co with “Hold” on Tuesday, February 13. Bank of America downgraded Aircastle Limited (NYSE:AYR) on Monday, September 21 to “Underperform” rating. On Friday, April 15 the stock rating was downgraded by Barclays Capital to “Underweight”. As per Wednesday, November 2, the company rating was upgraded by FBR Capital. Cowen & Co maintained it with “Hold” rating and $2600 target in Tuesday, August 8 report. RBC Capital Markets maintained the shares of AYR in report on Tuesday, February 13 with “Hold” rating. RBC Capital Markets maintained the shares of AYR in report on Wednesday, July 19 with “Hold” rating. See Aircastle Limited (NYSE:AYR) latest ratings:

06/03/2018 Broker: JP Morgan Old Rating: Neutral New Rating: Neutral Old Target: $25 New Target: $24 Maintain
13/02/2018 Broker: RBC Capital Markets Rating: Hold New Target: $24.0 Maintain
14/02/2018 Broker: Stephens Old Rating: Underweight New Rating: Equal-Weight Upgrade
13/02/2018 Broker: Cowen & Co Rating: Hold New Target: $24.0 Maintain
08/12/2017 Broker: Citigroup Rating: Hold New Target: $25.0 Initiate
03/11/2017 Broker: Credit Suisse Rating: Neutral Old Target: $25 New Target: $26 Maintain
02/11/2017 Broker: RBC Capital Markets Rating: Hold New Target: $25.0 Maintain

CBL & Associates Properties, Inc. is a public real estate investment trust. The company has market cap of $875.73 million. The firm invests in the real estate markets of United States with a focus on Southeastern and Midwestern United States. It has a 9.95 P/E ratio. It owns, develops, acquires leases, manages, and operates regional shopping malls, open-air and mixed-use centers, outlet centers, associated centers, community centers and office properties.

Among 17 analysts covering CBL & Associates Properties (NYSE:CBL), 0 have Buy rating, 8 Sell and 9 Hold. Therefore 0 are positive. CBL & Associates Properties had 45 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by UBS on Friday, February 5 with “Neutral”. As per Friday, January 12, the company rating was maintained by Stifel Nicolaus. The firm earned “Buy” rating on Sunday, August 20 by Jefferies. Jefferies downgraded it to “Hold” rating and $5.0 target in Monday, November 6 report. The firm earned “Overweigt” rating on Friday, July 15 by KeyBanc Capital Markets. On Thursday, November 2 the stock rating was maintained by Stifel Nicolaus with “Hold”. The company was maintained on Monday, July 17 by Jefferies. The firm earned “Sell” rating on Tuesday, December 13 by Citigroup. Stifel Nicolaus maintained CBL & Associates Properties, Inc (NYSE:CBL) rating on Wednesday, August 30. Stifel Nicolaus has “Hold” rating and $8.25 target. On Friday, November 3 the stock rating was downgraded by Bank of America to “Sell”.

Investors sentiment decreased to 1.13 in Q4 2017. Its down 0.15, from 1.28 in 2017Q3. It fall, as 37 investors sold CBL & Associates Properties, Inc shares while 60 reduced holdings. 42 funds opened positions while 68 raised stakes. 132.62 million shares or 16.75% less from 159.30 million shares in 2017Q3 were reported. Price T Rowe Associate Md owns 64,977 shares. Secor Capital Advisors Lp reported 0.18% in CBL & Associates Properties, Inc (NYSE:CBL). Piedmont Inv Advsr Limited Liability Corporation has invested 0% in CBL & Associates Properties, Inc (NYSE:CBL). Orinda Asset Mngmt Ltd Co, California-based fund reported 245,400 shares. First Manhattan Communications reported 7,500 shares or 0% of all its holdings. California Pub Employees Retirement Systems owns 0.01% invested in CBL & Associates Properties, Inc (NYSE:CBL) for 835,831 shares. Jpmorgan Chase & stated it has 0% of its portfolio in CBL & Associates Properties, Inc (NYSE:CBL). Prelude Ltd Liability Corp holds 0% in CBL & Associates Properties, Inc (NYSE:CBL) or 7,370 shares. 2.84M are held by Schwab Charles Invest Inc. Advsr Preferred Ltd Llc stated it has 5,417 shares. Moreover, Swiss Commercial Bank has 0% invested in CBL & Associates Properties, Inc (NYSE:CBL). Two Sigma Securities Limited Liability Co holds 0% or 10,469 shares. Public Employees Retirement Association Of Colorado holds 0% of its portfolio in CBL & Associates Properties, Inc (NYSE:CBL) for 29,609 shares. Laurion Capital Mgmt Limited Partnership owns 301,600 shares. American Interest Group Inc Inc reported 134,377 shares stake.

Analysts await CBL & Associates Properties, Inc (NYSE:CBL) to report earnings on April, 26 after the close. They expect $0.43 EPS, down 17.31% or $0.09 from last year’s $0.52 per share. CBL’s profit will be $85.97M for 2.55 P/E if the $0.43 EPS becomes a reality. After $0.56 actual EPS reported by CBL & Associates Properties, Inc for the previous quarter, Wall Street now forecasts -23.21% negative EPS growth.

The stock decreased 0.10% or $0.02 during the last trading session, reaching $19.98. About 24,376 shares traded. Aircastle Limited (NYSE:AYR) has declined 16.04% since April 17, 2017 and is downtrending. It has underperformed by 27.59% the S&P500.

Investors sentiment increased to 1.54 in Q4 2017. Its up 0.45, from 1.09 in 2017Q3. It is positive, as 12 investors sold Aircastle Limited shares while 40 reduced holdings. 32 funds opened positions while 48 raised stakes. 47.41 million shares or 0.74% less from 47.77 million shares in 2017Q3 were reported. Arrowstreet Capital Lp holds 0.01% or 226,751 shares. 15,183 were accumulated by Trexquant Invest Lp. Northern holds 2.26M shares or 0.01% of its portfolio. Renaissance Gp Ltd Liability Corp holds 21,310 shares. Prelude Cap Management Ltd, New York-based fund reported 800 shares. Cap Fund Mngmt reported 0% stake. Advisors Asset Mgmt Inc holds 0.36% or 924,600 shares in its portfolio. Moreover, Prudential Fincl has 0.02% invested in Aircastle Limited (NYSE:AYR). Moreover, Lazard Asset Mgmt Ltd Liability Com has 0% invested in Aircastle Limited (NYSE:AYR) for 8,000 shares. Yorktown And Research Co Inc has invested 0.09% in Aircastle Limited (NYSE:AYR). Assetmark has invested 0% in Aircastle Limited (NYSE:AYR). 16,000 were reported by Hillsdale Invest. Baker Ellis Asset Ltd invested in 0.03% or 4,545 shares. Ahl Prtn Llp owns 26,128 shares for 0.01% of their portfolio. Invesco Ltd stated it has 59,109 shares or 0% of all its holdings.

Aircastle Limited, through its subsidiaries, acquires, leases, and sells commercial jet aircraft to airlines. The company has market cap of $1.57 billion. The firm also invests in other aviation assets. It has a 10.68 P/E ratio. As of December 31, 2016, its aircraft portfolio comprised 206 aircraft leased to 71 lessees located in 36 countries.

CBL & Associates Properties, Inc (NYSE:CBL) Institutional Positions Chart

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