Aerocentury Corp (NYSEMKT:ACY): Negative Stock Sentiment

August 19, 2018 - By Carolyn Hewitt

Sentiment for Aerocentury Corp (NYSEMKT:ACY)

Aerocentury Corp (NYSEMKT:ACY) institutional sentiment decreased to 0.5 in Q1 2018. Its down -2.50, from 3 in 2017Q4. The ratio has worsened, as 2 investment managers increased or started new equity positions, while 4 trimmed and sold stock positions in Aerocentury Corp. The investment managers in our partner’s database now have: 274,293 shares, up from 270,296 shares in 2017Q4. Also, the number of investment managers holding Aerocentury Corp in their top 10 equity positions was flat from 0 to 0 for the same number . Sold All: 1 Reduced: 3 Increased: 1 New Position: 1.

AeroCentury Corp. acquires aircraft and aircraft engines for lease to regional airlines in the United States and internationally. The company has market cap of $22.10 million.

It closed at $15.6 lastly. It is up 42.91% since August 19, 2017 and is uptrending. It has outperformed by 30.34% the S&P500.

Analysts await AeroCentury Corp. (NYSEAMERICAN:ACY) to report earnings on November, 8. They expect $0.53 earnings per share, up 96.30 % or $0.26 from last year’s $0.27 per share. ACY’s profit will be $750,867 for 7.36 P/E if the $0.53 EPS becomes a reality. After $-0.06 actual earnings per share reported by AeroCentury Corp. for the previous quarter, Wall Street now forecasts -983.33 % EPS growth.

Leisure Capital Management holds 0.71% of its portfolio in AeroCentury Corp. for 46,620 shares. Perritt Capital Management Inc owns 70,954 shares or 0.33% of their US portfolio. Moreover, Blackrock Inc. has 0% invested in the company for 249 shares. The Texas-based Bridgeway Capital Management Inc has invested 0% in the stock. Deutsche Bank Ag, a Germany-based fund reported 7,930 shares.

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