Cedar Hill Associates Has Lowered Its Holding in Air Lease (AL) by $426,000 as Stock Declined; Trigran Investments Has Trimmed Its Monotype Imaging Holdings In (TYPE) Position by $4.89 Million

April 23, 2018 - By Michael Collier

Air Lease Corporation (NYSE:AL) Logo

Cedar Hill Associates Llc decreased its stake in Air Lease Corporation (AL) by 4.42% based on its latest 2017Q4 regulatory filing with the SEC. Cedar Hill Associates Llc sold 8,875 shares as the company’s stock declined 12.42% with the market. The hedge fund held 191,990 shares of the diversified commercial services company at the end of 2017Q4, valued at $9.23 million, down from 200,865 at the end of the previous reported quarter. Cedar Hill Associates Llc who had been investing in Air Lease Corporation for a number of months, seems to be less bullish one the $4.44 billion market cap company. The stock decreased 0.79% or $0.34 during the last trading session, reaching $42.71. About 440,985 shares traded. Air Lease Corporation (NYSE:AL) has risen 11.24% since April 23, 2017 and is uptrending. It has underperformed by 0.31% the S&P500.

Douglas T. Granat decreased its stake in Monotype Imaging Holdings In (TYPE) by 8.93% based on its latest 2017Q4 regulatory filing with the SEC. Trigran Investments Inc sold 203,822 shares as the company’s stock declined 6.02% with the market. The hedge fund run by Douglas T. Granat held 2.08 million shares of the edp services company at the end of 2017Q4, valued at $50.12M, down from 2.28 million at the end of the previous reported quarter. Trigran Investments Inc who had been investing in Monotype Imaging Holdings In for a number of months, seems to be less bullish one the $942.02 million market cap company. It closed at $23.4 lastly. It is down 17.05% since April 23, 2017 and is uptrending. It has outperformed by 5.50% the S&P500.

Analysts await Air Lease Corporation (NYSE:AL) to report earnings on May, 10 after the close. They expect $0.96 earnings per share, up 23.08% or $0.18 from last year’s $0.78 per share. AL’s profit will be $99.80 million for 11.12 P/E if the $0.96 EPS becomes a reality. After $1.06 actual earnings per share reported by Air Lease Corporation for the previous quarter, Wall Street now forecasts -9.43% negative EPS growth.

Since December 13, 2017, it had 0 buys, and 11 insider sales for $8.74 million activity. $440,050 worth of Air Lease Corporation (NYSE:AL) was sold by Levy Grant A. Korde Kishore also sold $98,320 worth of Air Lease Corporation (NYSE:AL) shares. UDVAR-HAZY STEVEN F had sold 30,363 shares worth $1.34M. $132,870 worth of Air Lease Corporation (NYSE:AL) was sold by Baer Marc H on Thursday, March 8.

Investors sentiment decreased to 1.09 in 2017 Q4. Its down 0.07, from 1.16 in 2017Q3. It worsened, as 22 investors sold AL shares while 80 reduced holdings. 43 funds opened positions while 68 raised stakes. 89.49 million shares or 1.44% less from 90.80 million shares in 2017Q3 were reported. Efg Asset Mngmt (Americas) reported 12,177 shares stake. Prelude Ltd Co reported 0.01% stake. 1832 Asset Management Ltd Partnership stated it has 0.15% in Air Lease Corporation (NYSE:AL). Envestnet Asset Mgmt Inc has invested 0% in Air Lease Corporation (NYSE:AL). 129,888 are held by Oppenheimer Incorporated. Brown Advisory Incorporated holds 0% of its portfolio in Air Lease Corporation (NYSE:AL) for 5,353 shares. Prudential has 0.02% invested in Air Lease Corporation (NYSE:AL). 26,616 are owned by Voya Invest Mgmt Lc. Parnassus Invests Ca holds 0.08% or 446,000 shares. Btr Cap Management reported 243,473 shares. Principal Gru accumulated 13,129 shares. Graybill Bartz Assoc Ltd owns 102,721 shares. Agf Investments holds 0.05% or 100,000 shares. Osterweis Capital Mgmt Inc has invested 2.99% in Air Lease Corporation (NYSE:AL). Williams Jones & Llc holds 0.45% or 413,025 shares.

Among 13 analysts covering Air Lease (NYSE:AL), 10 have Buy rating, 1 Sell and 2 Hold. Therefore 77% are positive. Air Lease had 47 analyst reports since August 7, 2015 according to SRatingsIntel. The stock has “Outperform” rating by Cowen & Co on Friday, February 24. The firm has “Outperform” rating given on Monday, December 28 by Credit Suisse. RBC Capital Markets maintained the stock with “Buy” rating in Thursday, September 21 report. The stock of Air Lease Corporation (NYSE:AL) has “Hold” rating given on Wednesday, August 9 by Bank of America. On Tuesday, September 5 the stock rating was maintained by Cowen & Co with “Buy”. The rating was maintained by RBC Capital Markets with “Buy” on Monday, January 8. RBC Capital Markets maintained the stock with “Buy” rating in Friday, May 26 report. Cowen & Co maintained it with “Buy” rating and $4500 target in Friday, August 4 report. The stock has “Outperform” rating by FBR Capital on Tuesday, November 22. The rating was maintained by UBS on Wednesday, February 21 with “Sell”.

Cedar Hill Associates Llc, which manages about $1.20 billion and $574.62M US Long portfolio, upped its stake in Ishares Tr (IVV) by 4,182 shares to 19,689 shares, valued at $5.29 million in 2017Q4, according to the filing. It also increased its holding in Dsl Cef (DSL) by 137,950 shares in the quarter, for a total of 496,040 shares, and has risen its stake in Ishares Core Msci Emerg Mkt Et (IEMG).

Among 7 analysts covering Monotype Imaging Holdings (NASDAQ:TYPE), 4 have Buy rating, 2 Sell and 1 Hold. Therefore 57% are positive. Monotype Imaging Holdings had 8 analyst reports since September 8, 2015 according to SRatingsIntel. Dougherty & Company maintained Monotype Imaging Holdings Inc. (NASDAQ:TYPE) on Friday, February 12 with “Buy” rating. Ladenburg Thalmann initiated the stock with “Buy” rating in Wednesday, May 25 report. As per Tuesday, February 20, the company rating was upgraded by FBR Capital. The rating was downgraded by Zacks to “Sell” on Tuesday, September 8. The firm has “Sell” rating by J.P. Morgan given on Tuesday, December 12. The rating was upgraded by JP Morgan to “Neutral” on Thursday, January 12. The rating was upgraded by B. Riley & Co on Tuesday, February 20 to “Buy”.

Analysts await Monotype Imaging Holdings Inc. (NASDAQ:TYPE) to report earnings on April, 27 before the open. They expect $0.05 EPS, 0.00% or $0.00 from last year’s $0.05 per share. TYPE’s profit will be $2.01M for 117.00 P/E if the $0.05 EPS becomes a reality. After $0.35 actual EPS reported by Monotype Imaging Holdings Inc. for the previous quarter, Wall Street now forecasts -85.71% negative EPS growth.

Trigran Investments Inc, which manages about $278.36M and $445.63 million US Long portfolio, upped its stake in Gentherm Inc (NASDAQ:THRM) by 61,043 shares to 802,827 shares, valued at $25.49 million in 2017Q4, according to the filing. It also increased its holding in Panhandle Oil And Gas Inc (NYSE:PHX) by 90,683 shares in the quarter, for a total of 2.06 million shares, and has risen its stake in Calix Inc (NYSE:CALX).

Investors sentiment increased to 1.11 in 2017 Q4. Its up 0.24, from 0.87 in 2017Q3. It is positive, as 18 investors sold TYPE shares while 43 reduced holdings. 33 funds opened positions while 35 raised stakes. 36.73 million shares or 3.37% less from 38.02 million shares in 2017Q3 were reported. Mason Street Advsrs Ltd Liability Company reported 10,855 shares or 0.01% of all its holdings. Blackrock reported 5.27 million shares or 0.01% of all its holdings. Federated Investors Incorporated Pa invested in 0% or 1,244 shares. Renaissance Technologies Ltd owns 254,898 shares or 0.01% of their US portfolio. Redmond Asset Mgmt Limited Liability Company reported 35,477 shares. Brown Advisory Inc holds 0% in Monotype Imaging Holdings Inc. (NASDAQ:TYPE) or 15,040 shares. Bessemer stated it has 36,800 shares. Ahl Prtn Llp holds 0.01% or 18,245 shares. Comerica Fincl Bank has invested 0.01% of its portfolio in Monotype Imaging Holdings Inc. (NASDAQ:TYPE). Ameriprise Financial invested in 212,815 shares or 0% of the stock. Neuberger Berman Gru Limited Co accumulated 3.23M shares. Northern holds 546,519 shares or 0% of its portfolio. State Street has 1.13M shares for 0% of their portfolio. Zurcher Kantonalbank (Zurich Cantonalbank) holds 2,019 shares or 0% of its portfolio. State Board Of Administration Of Florida Retirement Systems reported 32,149 shares.

Since January 11, 2018, it had 0 insider purchases, and 5 insider sales for $1.25 million activity. Zucker Brett Scott also sold $22,300 worth of Monotype Imaging Holdings Inc. (NASDAQ:TYPE) shares. Shares for $665,055 were sold by Martin Steven R.

Monotype Imaging Holdings Inc. (NASDAQ:TYPE) Institutional Positions Chart

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