AerCap Holdings (NYSE:AER) Short Interest Down 7.5% in February

AerCap Holdings (NYSE:AERGet Free Report) was the target of a large drop in short interest during the month of February. As of February 15th, there was short interest totalling 2,480,000 shares, a drop of 7.5% from the January 31st total of 2,680,000 shares. Based on an average daily volume of 1,590,000 shares, the short-interest ratio is currently 1.6 days.

Hedge Funds Weigh In On AerCap

A number of institutional investors have recently made changes to their positions in AER. American International Group Inc. increased its holdings in shares of AerCap by 10.0% in the fourth quarter. American International Group Inc. now owns 36,013 shares of the financial services provider’s stock worth $2,676,000 after buying an additional 3,282 shares during the period. Chartwell Investment Partners LLC lifted its position in AerCap by 21.6% in the fourth quarter. Chartwell Investment Partners LLC now owns 19,011 shares of the financial services provider’s stock valued at $1,413,000 after purchasing an additional 3,371 shares during the last quarter. Townsquare Capital LLC purchased a new stake in shares of AerCap during the fourth quarter valued at approximately $221,000. Legal & General Group Plc raised its holdings in AerCap by 72.1% during the 4th quarter. Legal & General Group Plc now owns 1,366,943 shares of the financial services provider’s stock valued at $101,591,000 after buying an additional 572,441 shares during the last quarter. Finally, Barclays PLC boosted its position in AerCap by 68.3% during the 4th quarter. Barclays PLC now owns 100,529 shares of the financial services provider’s stock valued at $7,472,000 after buying an additional 40,803 shares during the period. Institutional investors own 92.00% of the company’s stock.

Analyst Upgrades and Downgrades

AER has been the topic of a number of research reports. BMO Capital Markets decreased their price target on shares of AerCap from $103.00 to $101.00 and set an “outperform” rating on the stock in a research note on Monday, February 26th. Susquehanna raised their price target on AerCap from $80.00 to $90.00 and gave the stock a “positive” rating in a research report on Monday, February 26th. TD Cowen reaffirmed a “buy” rating and issued a $85.00 target price on shares of AerCap in a report on Tuesday, February 27th. Finally, Barclays increased their price target on AerCap from $84.00 to $93.00 and gave the company an “overweight” rating in a research note on Monday, February 26th. Eight equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat, AerCap currently has a consensus rating of “Buy” and an average price target of $87.71.

Read Our Latest Report on AER

AerCap Stock Performance

Shares of AER traded up $0.34 on Monday, reaching $77.69. 1,173,763 shares of the company’s stock traded hands, compared to its average volume of 1,532,523. The stock’s 50 day simple moving average is $75.89 and its two-hundred day simple moving average is $68.32. The company has a current ratio of 0.33, a quick ratio of 0.33 and a debt-to-equity ratio of 2.80. AerCap has a 52-week low of $49.58 and a 52-week high of $80.61. The stock has a market cap of $15.38 billion, a PE ratio of 5.47, a PEG ratio of 1.06 and a beta of 1.84.

AerCap (NYSE:AERGet Free Report) last posted its earnings results on Friday, February 23rd. The financial services provider reported $3.11 earnings per share for the quarter, topping the consensus estimate of $2.44 by $0.67. AerCap had a net margin of 41.37% and a return on equity of 14.92%. The firm had revenue of $1.90 billion during the quarter, compared to the consensus estimate of $1.94 billion. During the same quarter last year, the company earned $2.66 earnings per share. The company’s revenue was up 3.8% on a year-over-year basis. On average, analysts forecast that AerCap will post 10.16 earnings per share for the current fiscal year.

About AerCap

(Get Free Report)

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

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