Clal Insurance Enterprises Holdings Ltd increased its position in Aercap Holdings N.V. (NYSE:AER) by 33.3% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,196,400 shares of the financial services provider’s stock after buying an additional 298,681 shares during the period. Aercap Holdings N.V. makes up about 1.1% of Clal Insurance Enterprises Holdings Ltd’s investment portfolio, making the stock its 22nd largest position. Clal Insurance Enterprises Holdings Ltd owned approximately 0.72% of Aercap Holdings N.V. worth $55,549,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of AER. Financial Architects Inc increased its position in shares of Aercap Holdings N.V. by 2.1% in the second quarter. Financial Architects Inc now owns 2,536 shares of the financial services provider’s stock worth $118,000 after buying an additional 52 shares during the last quarter. Israel Discount Bank of New York bought a new position in shares of Aercap Holdings N.V. during the first quarter worth approximately $124,000. Huntington National Bank increased its position in shares of Aercap Holdings N.V. by 4.8% in the second quarter. Huntington National Bank now owns 2,973 shares of the financial services provider’s stock worth $138,000 after buying an additional 136 shares during the last quarter. Atria Investments LLC bought a new position in shares of Aercap Holdings N.V. during the second quarter worth approximately $211,000. Finally, Toronto Dominion Bank acquired a new position in shares of Aercap Holdings N.V. during the first quarter worth about $233,000. Hedge funds and other institutional investors own 88.94% of the company’s stock.

Aercap Holdings N.V. (AER) opened at 50.49 on Friday. The firm has a market capitalization of $8.11 billion, a price-to-earnings ratio of 7.96 and a beta of 1.87. The company’s 50-day moving average price is $48.98 and its 200 day moving average price is $46.31. Aercap Holdings N.V. has a 52-week low of $36.38 and a 52-week high of $50.79.

Aercap Holdings N.V. (NYSE:AER) last posted its earnings results on Thursday, August 3rd. The financial services provider reported $1.67 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.38 by $0.29. The firm had revenue of $1.26 billion for the quarter, compared to analyst estimates of $1.22 billion. Aercap Holdings N.V. had a return on equity of 14.43% and a net margin of 22.26%. The company’s revenue for the quarter was up 2.0% on a year-over-year basis. During the same period in the previous year, the company posted $1.22 earnings per share. Equities analysts predict that Aercap Holdings N.V. will post $6.08 earnings per share for the current fiscal year.

Aercap Holdings N.V. announced that its Board of Directors has approved a share repurchase plan on Tuesday, May 9th that permits the company to repurchase $300.00 million in outstanding shares. This repurchase authorization permits the financial services provider to repurchase shares of its stock through open market purchases. Stock repurchase plans are typically an indication that the company’s board of directors believes its stock is undervalued.

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A number of brokerages have issued reports on AER. Zacks Investment Research lowered Aercap Holdings N.V. from a “hold” rating to a “sell” rating in a research report on Monday, July 17th. ValuEngine lowered Aercap Holdings N.V. from a “strong-buy” rating to a “buy” rating in a research report on Friday, June 2nd. BidaskClub lowered Aercap Holdings N.V. from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, August 15th. Cowen and Company reiterated a “buy” rating and set a $54.00 price target on shares of Aercap Holdings N.V. in a research report on Tuesday, July 11th. Finally, Barclays PLC began coverage on Aercap Holdings N.V. in a research report on Monday, July 10th. They set an “overweight” rating and a $61.00 price target for the company. One investment analyst has rated the stock with a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the company. The stock currently has an average rating of “Buy” and an average price target of $57.45.

In other news, Director Michael Gradon sold 742 shares of the business’s stock in a transaction dated Monday, August 7th. The stock was sold at an average price of $50.16, for a total value of $37,218.72. Following the sale, the director now directly owns 3,380 shares in the company, valued at $169,540.80. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Aengus Kelly sold 100,000 shares of the business’s stock in a transaction dated Friday, August 4th. The shares were sold at an average price of $49.87, for a total value of $4,987,000.00. Following the completion of the sale, the chief executive officer now owns 2,231,875 shares in the company, valued at $111,303,606.25. The disclosure for this sale can be found here.

About Aercap Holdings N.V.

AerCap Holdings N.V. is an independent aircraft leasing company. The Company focuses on acquiring in-demand aircraft, funding them, hedging interest rate risk and using its platform to deploy these assets. It operates its business on a global basis, leasing aircraft to customers in various geographical regions.

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Institutional Ownership by Quarter for Aercap Holdings N.V. (NYSE:AER)

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