AAR Corp. (NYSE:AIR) is expected to pay $0.08 on Nov 4, 2016. The indicated annual dividend is $0.30. Shareholders owning the stock before Oct 20, 2016 will be eligible to receive the payout. Based on AAR Corp.’s current price of $31.77, the dividend is 0.24%. This dividend’s record date is Oct 24, 2016 and the announcement date is Oct 12, 2016. The stock increased 0.16% or $0.05 during the last trading session, hitting $31.77. AAR Corp. (NYSE:AIR) has risen 49.79% since March 16, 2016 and is uptrending. It has outperformed by 44.24% the S&P500.
AAR CORP. is a provider of services and products to the commercial aviation and government and defense markets. The company has a market cap of $1.13 billion. The Firm operates in two divisions: Aviation Services, which consists of supply chain and maintenance, repair and overhaul (MRO) activities, and Expeditionary Services, which includes airlift and mobility activities. It has a 26.17 P/E ratio. The Company’s services and products include aviation supply chain and parts support programs; MRO of aircraft and landing gear; design and manufacture of specialized pallets, shelters and containers; expeditionary airlift services; aircraft modifications, and aircraft and engine sales and leasing.
Insitutional Activity: The institutional sentiment decreased to 0.98 in 2016 Q2. Its down 0.33, from 1.31 in 2016Q1. The ratio is negative, as 16 funds sold all AAR Corp. shares owned while 44 reduced positions. 10 funds bought stakes while 49 increased positions. They now own 28.77 million shares or 2.76% less from 29.58 million shares in 2016Q1.
Gotham Asset Ltd Liability, a New York-based fund reported 18,272 shares. The Massachusetts-based State Street Corp has invested 0% in AAR Corp. (NYSE:AIR). Heartland Advisors reported 560,101 shares or 0.74% of all its holdings. Rhumbline Advisers, a Massachusetts-based fund reported 58,420 shares. Aperio Grp Ltd Liability Company reported 12,006 shares or 0% of all its holdings. Morgan Stanley has invested 0% of its portfolio in AAR Corp. (NYSE:AIR). Public Sector Pension Board last reported 0.01% of its portfolio in the stock. The California-based Blackrock Institutional Trust Communication Na has invested 0% in AAR Corp. (NYSE:AIR). The South Carolina-based Canal Insur has invested 0.23% in AAR Corp. (NYSE:AIR). Sei Invests Commerce holds 0.01% or 73,816 shares in its portfolio. D E Shaw & has invested 0.01% of its portfolio in AAR Corp. (NYSE:AIR). Barclays Public Ltd Co reported 659 shares or 0% of all its holdings. Ridgeworth Management Lc reported 793,209 shares or 0.16% of all its holdings. Parametric Assocs Limited Liability Corporation accumulated 173,341 shares or 0.01% of the stock. Bridgeway Capital Mngmt accumulated 207,160 shares or 0.07% of the stock.
Insider Transactions: Since September 26, 2016, the stock had 0 buys, and 3 sales for $940,285 net activity. Shares for $361,723 were sold by Holmes John McClain III. PACE PETER sold 5,000 shares worth $145,659. Regan Robert J also sold $432,903 worth of AAR Corp. (NYSE:AIR) on Friday, September 30.
More important recent AAR Corp. (NYSE:AIR) news were published by: Zacks.com which released: “AAR Corp. Signs a $125M PBH Deal to Boost African Business” on October 11, 2016, also Zacks.com published article titled: “AAR Corp (AIR) Beats Q1 Earnings and Revenue Estimates”, Streetinsider.com published: “AAR Corp. (AIR) Wins SAAT Contract Valued Up to $125M” on October 06, 2016. More interesting news about AAR Corp. (NYSE:AIR) was released by: Zacks.com and their article: “Defense Stock Roundup: AAR Corp Tops Earnings; Lockheed Ups Dividend by 10.3%” with publication date: September 27, 2016.
AIR Company Profile
AAR CORP. (AAR), incorporated on April 11, 1966, is a well-known provider of services and products to the commercial aviation and government and defense markets. The Firm operates through two divisions: Aviation Services, which consists of supply chain and maintenance, repair and overhaul (MRO) activities, and Expeditionary Services, which includes airlift and mobility activities. The Company’s services and products include aviation supply chain and parts support programs; MRO of airframes, landing gear and certain other airframe components; design and manufacture of specialized pallets, shelters and containers; expeditionary airlift services, and aircraft modifications and aircraft and engine sales and leasing. The Firm serves commercial, defense and governmental aircraft fleet operators, original equipment manufacturers (OEMs) and independent service providers around the world, and various other domestic and foreign military customers.
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