AeroCentury (ACY) Stock Rating Upgraded by TheStreet

AeroCentury (NYSEAMERICAN:ACY) was upgraded by analysts at TheStreet from a “c” rating to a “b-” rating in a research note issued on Monday.

ACY has been the topic of several other research reports. ValuEngine cut AeroCentury from a “strong-buy” rating to a “buy” rating in a report on Thursday, November 9th. Zacks Investment Research cut AeroCentury from a “hold” rating to a “sell” rating in a report on Friday, December 1st.

Shares of AeroCentury (NYSEAMERICAN ACY) opened at $15.20 on Monday. AeroCentury has a twelve month low of $8.65 and a twelve month high of $16.10.

A hedge fund recently raised its stake in AeroCentury stock. Renaissance Technologies LLC raised its stake in AeroCentury Corp. (NYSEAMERICAN:ACY) by 7.8% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 18,000 shares of the company’s stock after buying an additional 1,300 shares during the period. Renaissance Technologies LLC’s holdings in AeroCentury were worth $176,000 as of its most recent filing with the SEC.

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AeroCentury Company Profile

AeroCentury Corp. acquires used regional aircraft and aircraft engines for lease to regional carriers all over the world. The Company’s segment is leasing of regional aircraft to foreign and domestic regional airlines. The business of the Company is managed by JetFleet Management Corp. (JMC), an integrated aircraft management, marketing and financing business.

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