Wrapmanager Inc. decreased its holdings in shares of AerCap Holdings (NYSE:AER) by 4.1% in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 10,467 shares of the financial services provider’s stock after selling 447 shares during the period. Wrapmanager Inc.’s holdings in AerCap were worth $544,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Harel Insurance Investments & Financial Services Ltd. acquired a new stake in AerCap in the second quarter valued at approximately $51,000. Cerebellum GP LLC purchased a new stake in shares of AerCap during the 2nd quarter valued at about $107,000. Rockefeller Capital Management L.P. purchased a new stake in shares of AerCap during the 1st quarter valued at about $109,000. Advisors Asset Management Inc. boosted its holdings in shares of AerCap by 43.5% during the 1st quarter. Advisors Asset Management Inc. now owns 2,361 shares of the financial services provider’s stock valued at $110,000 after acquiring an additional 716 shares during the last quarter. Finally, Marshall Wace North America L.P. purchased a new stake in shares of AerCap during the 1st quarter valued at about $112,000. Institutional investors own 79.98% of the company’s stock.

Shares of AER traded down $0.88 on Wednesday, reaching $51.34. The company’s stock had a trading volume of 14,323 shares, compared to its average volume of 1,136,571. The company has a quick ratio of 0.25, a current ratio of 0.25 and a debt-to-equity ratio of 3.20. The stock has a market capitalization of $7.93 billion, a PE ratio of 7.52 and a beta of 1.86. The company’s 50 day moving average price is $51.47. AerCap Holdings has a 12-month low of $36.16 and a 12-month high of $57.94.

AerCap (NYSE:AER) last posted its quarterly earnings data on Tuesday, July 30th. The financial services provider reported $2.42 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.72 by $0.70. The company had revenue of $1.28 billion for the quarter, compared to the consensus estimate of $1.21 billion. AerCap had a net margin of 21.79% and a return on equity of 11.85%. The firm’s revenue was up 7.3% compared to the same quarter last year. During the same quarter last year, the firm posted $1.70 earnings per share. As a group, research analysts expect that AerCap Holdings will post 7.62 earnings per share for the current year.

A number of analysts have recently issued reports on the stock. Cowen raised their price target on shares of AerCap from $56.00 to $60.00 and gave the company an “outperform” rating in a report on Tuesday, July 30th. Zacks Investment Research downgraded shares of AerCap from a “buy” rating to a “hold” rating in a report on Tuesday, June 25th. Citigroup set a $61.00 price objective on shares of AerCap and gave the stock a “hold” rating in a report on Wednesday, July 31st. Finally, Compass Point raised their price objective on shares of AerCap from $69.00 to $73.00 and gave the stock a “buy” rating in a report on Wednesday, July 31st. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and three have assigned a buy rating to the stock. AerCap has a consensus rating of “Hold” and a consensus price target of $60.14.

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.

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Institutional Ownership by Quarter for AerCap (NYSE:AER)

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