Aercap Holdings Nv (AER) Stake Has Raised by Dalal Street Llc; Contrarian Capital Management Lowered Its Holding in Vale S A (VALE) by $1.24 Million as Market Value Declined

December 20, 2017 - By Winifred Garcia

Jon Bauer decreased its stake in Vale S A (VALE) by 6.03% based on its latest 2017Q2 regulatory filing with the SEC. Contrarian Capital Management Llc sold 155,169 shares as the company’s stock declined 20.71% while stock markets rallied. The hedge fund run by Jon Bauer held 2.42M shares of the precious metals company at the end of 2017Q2, valued at $21.18 million, down from 2.58 million at the end of the previous reported quarter. Contrarian Capital Management Llc who had been investing in Vale S A for a number of months, seems to be less bullish one the $62.05 billion market cap company. The stock increased 0.09% or $0.01 during the last trading session, reaching $11.56. About 17.70 million shares traded. Vale S.A. (NYSE:VALE) has risen 111.11% since December 20, 2016 and is uptrending. It has outperformed by 94.41% the S&P500.

Dalal Street Llc increased its stake in Aercap Holdings Nv (AER) by 22.06% based on its latest 2017Q2 regulatory filing with the SEC. Dalal Street Llc bought 180,750 shares as the company’s stock declined 4.63% while stock markets rallied. The hedge fund held 999,935 shares of the diversified commercial services company at the end of 2017Q2, valued at $46.43M, up from 819,185 at the end of the previous reported quarter. Dalal Street Llc who had been investing in Aercap Holdings Nv for a number of months, seems to be bullish on the $8.33B market cap company. The stock decreased 0.53% or $0.28 during the last trading session, reaching $52.74. About 785,309 shares traded. AerCap Holdings N.V. (NYSE:AER) has risen 21.52% since December 20, 2016 and is uptrending. It has outperformed by 4.82% the S&P500.

Contrarian Capital Management Llc, which manages about $4.20B and $515.25 million US Long portfolio, upped its stake in Archrock Inc by 43,621 shares to 366,098 shares, valued at $4.17 million in 2017Q2, according to the filing. It also increased its holding in Constellium Nv (NYSE:CSTM) by 114,195 shares in the quarter, for a total of 487,825 shares, and has risen its stake in Gol Linhas Aereas Intlg S A.

Analysts await Vale S.A. (NYSE:VALE) to report earnings on February, 22. They expect $0.20 earnings per share, down 62.26% or $0.33 from last year’s $0.53 per share. VALE’s profit will be $1.07 billion for 14.45 P/E if the $0.20 EPS becomes a reality. After $0.40 actual earnings per share reported by Vale S.A. for the previous quarter, Wall Street now forecasts -50.00% negative EPS growth.

Among 26 analysts covering Vale S.A. (NYSE:VALE), 15 have Buy rating, 1 Sell and 10 Hold. Therefore 58% are positive. Vale S.A. had 72 analyst reports since August 3, 2015 according to SRatingsIntel. As per Friday, August 28, the company rating was downgraded by Vetr. The rating was maintained by Cowen & Co with “Hold” on Thursday, October 19. On Friday, June 2 the stock rating was maintained by BMO Capital Markets with “Hold”. The stock has “Neutral” rating by Citigroup on Tuesday, November 1. As per Friday, May 6, the company rating was maintained by RBC Capital Markets. The firm has “Hold” rating given on Thursday, June 8 by Jefferies. The stock has “Hold” rating by BMO Capital Markets on Friday, September 1. The firm has “Hold” rating given on Tuesday, June 27 by Credit Suisse. Stifel Nicolaus downgraded the shares of VALE in report on Thursday, March 10 to “Hold” rating. The rating was downgraded by Societe Generale on Monday, May 9 to “Hold”.

Among 14 analysts covering AerCap Holdings (NYSE:AER), 12 have Buy rating, 0 Sell and 2 Hold. Therefore 86% are positive. AerCap Holdings had 39 analyst reports since August 12, 2015 according to SRatingsIntel. The company was maintained on Wednesday, February 22 by RBC Capital Markets. The rating was maintained by Cowen & Co with “Outperform” on Friday, November 3. Cowen & Co maintained the shares of AER in report on Friday, May 13 with “Outperform” rating. The rating was maintained by RBC Capital Markets with “Buy” on Thursday, September 21. The rating was maintained by Cowen & Co with “Outperform” on Wednesday, February 24. As per Thursday, May 25, the company rating was maintained by Credit Suisse. The company was maintained on Monday, July 10 by Cowen & Co. The firm earned “Buy” rating on Wednesday, July 19 by RBC Capital Markets. As per Thursday, April 6, the company rating was downgraded by Morgan Stanley. FBR Capital maintained AerCap Holdings N.V. (NYSE:AER) on Wednesday, November 9 with “Mkt Perform” rating.

Since August 4, 2017, it had 1 buy, and 2 selling transactions for $43,497 activity. Shares for $4.98 million were bought by LAWRENCE JAMES A. Gradon Michael sold $37,219 worth of AerCap Holdings N.V. (NYSE:AER) on Monday, August 7.