Wrapmanager Inc. raised its position in shares of Aercap Holdings N.V. (NYSE:AER) by 2.3% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 11,210 shares of the financial services provider’s stock after buying an additional 249 shares during the period. Wrapmanager Inc.’s holdings in Aercap Holdings N.V. were worth $520,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in AER. BlackRock Inc. increased its position in Aercap Holdings N.V. by 2,870.3% in the first quarter. BlackRock Inc. now owns 6,888,129 shares of the financial services provider’s stock worth $316,648,000 after buying an additional 6,656,229 shares during the period. Wedge Capital Management L L P NC acquired a new position in Aercap Holdings N.V. during the first quarter worth $87,195,000. Cambiar Investors LLC increased its position in Aercap Holdings N.V. by 25.8% in the first quarter. Cambiar Investors LLC now owns 6,178,585 shares of the financial services provider’s stock worth $284,030,000 after buying an additional 1,265,298 shares during the period. Los Angeles Capital Management & Equity Research Inc. acquired a new position in Aercap Holdings N.V. during the first quarter worth $37,654,000. Finally, Bank of Montreal Can increased its position in Aercap Holdings N.V. by 213.9% in the second quarter. Bank of Montreal Can now owns 1,078,899 shares of the financial services provider’s stock worth $50,094,000 after buying an additional 735,151 shares during the period. 89.88% of the stock is owned by institutional investors and hedge funds.

Shares of Aercap Holdings N.V. (NYSE:AER) opened at 48.63 on Tuesday. The company has a market cap of $7.81 billion, a P/E ratio of 7.67 and a beta of 1.87. The company’s 50 day moving average is $48.27 and its 200 day moving average is $45.96. Aercap Holdings N.V. has a one year low of $36.38 and a one year high of $50.79.

Aercap Holdings N.V. (NYSE:AER) last issued its earnings results on Thursday, August 3rd. The financial services provider reported $1.67 earnings per share for the quarter, topping analysts’ consensus estimates of $1.38 by $0.29. The firm had revenue of $1.26 billion during the quarter, compared to analyst estimates of $1.22 billion. Aercap Holdings N.V. had a net margin of 22.26% and a return on equity of 14.43%. The company’s quarterly revenue was up 2.0% on a year-over-year basis. During the same quarter last year, the business earned $1.22 earnings per share. On average, equities analysts predict that Aercap Holdings N.V. will post $6.06 earnings per share for the current year.

Aercap Holdings N.V. declared that its Board of Directors has initiated a stock repurchase program 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 reacquire shares of its stock through open market purchases. Stock repurchase programs are typically a sign that the company’s board believes its shares are undervalued.

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A number of research analysts have recently commented on AER shares. FBR & Co reissued an “outperform” rating and issued a $53.00 price objective on shares of Aercap Holdings N.V. in a research report on Monday, April 17th. Morgan Stanley decreased their price objective on shares of Aercap Holdings N.V. from $48.00 to $44.00 in a research report on Tuesday, July 4th. ValuEngine raised shares of Aercap Holdings N.V. from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, June 27th. Royal Bank Of Canada reissued a “buy” rating and issued a $73.00 price objective on shares of Aercap Holdings N.V. in a research report on Friday, April 21st. Finally, BidaskClub downgraded shares of Aercap Holdings N.V. from a “buy” rating to a “hold” rating in a research report on Thursday, June 22nd. Two investment analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of $57.80.

In related news, Director James A. Lawrence bought 100,000 shares of the stock in a transaction that occurred on Wednesday, August 9th. The shares were acquired at an average cost of $49.81 per share, with a total value of $4,981,000.00. Following the completion of the purchase, the director now directly owns 53,280 shares of the company’s stock, valued at approximately $2,653,876.80. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Michael Gradon sold 742 shares of the firm’s stock in a transaction that occurred on Monday, August 7th. The shares were sold at an average price of $50.16, for a total transaction of $37,218.72. Following the completion of the sale, the director now directly owns 3,380 shares in the company, valued at $169,540.80. The disclosure for this sale can be found here. Insiders sold 150,742 shares of company stock valued at $7,223,719 over the last 90 days.

Aercap Holdings N.V. Company Profile

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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