First Trust Advisors LP trimmed its stake in shares of AerCap Holdings (NYSE:AER) by 25.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 62,225 shares of the financial services provider’s stock after selling 21,530 shares during the quarter. First Trust Advisors LP’s holdings in AerCap were worth $2,464,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of AER. Oregon Public Employees Retirement Fund boosted its stake in AerCap by 4,360.0% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 2,332,202 shares of the financial services provider’s stock valued at $59,000 after acquiring an additional 2,279,910 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in AerCap by 225.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,297,886 shares of the financial services provider’s stock valued at $74,655,000 after acquiring an additional 899,363 shares during the last quarter. AXA boosted its stake in AerCap by 4,354.7% during the 3rd quarter. AXA now owns 633,460 shares of the financial services provider’s stock valued at $36,436,000 after acquiring an additional 619,240 shares during the last quarter. Freestone Capital Holdings LLC boosted its stake in AerCap by 575.4% during the 3rd quarter. Freestone Capital Holdings LLC now owns 308,493 shares of the financial services provider’s stock valued at $17,745,000 after acquiring an additional 262,818 shares during the last quarter. Finally, Sensato Investors LLC bought a new position in AerCap during the 3rd quarter valued at $15,086,000. Hedge funds and other institutional investors own 86.72% of the company’s stock.

AerCap stock opened at $43.48 on Friday. The company has a debt-to-equity ratio of 3.32, a quick ratio of 0.38 and a current ratio of 0.36. AerCap Holdings has a 1 year low of $36.16 and a 1 year high of $58.30. The stock has a market capitalization of $6.60 billion, a PE ratio of 6.37 and a beta of 1.87.

AerCap (NYSE:AER) last posted its quarterly earnings results on Thursday, February 14th. The financial services provider reported $1.62 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.67 by ($0.05). AerCap had a return on equity of 11.55% and a net margin of 21.16%. The business had revenue of $1.22 billion during the quarter, compared to the consensus estimate of $1.23 billion. During the same quarter in the previous year, the business posted $1.67 earnings per share. The company’s quarterly revenue was down 3.4% compared to the same quarter last year. On average, research analysts expect that AerCap Holdings will post 6.58 earnings per share for the current year.

A number of research analysts have commented on the stock. ValuEngine downgraded shares of AerCap from a “hold” rating to a “sell” rating in a research note on Tuesday, March 5th. Zacks Investment Research downgraded shares of AerCap from a “buy” rating to a “hold” rating in a research note on Thursday, February 21st. Finally, Barclays set a $64.00 price objective on shares of AerCap and gave the company a “buy” rating in a research note on Friday, February 15th. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of $60.00.

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AerCap Company Profile

AerCap Holdings N.V., an aircraft leasing company, engages in the lease, financing, sale, and management of commercial aircraft and engines in China, the United States, Ireland, and internationally. The company offers aircraft asset management services, including remarketing aircraft; collecting rental and maintenance rent payments, monitoring aircraft maintenance, monitoring and enforcing contract compliance, and accepting delivery and redelivery of aircraft; and conducting ongoing lessee financial performance reviews.

Further Reading: Compound Interest

Institutional Ownership by Quarter for AerCap (NYSE:AER)

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