Wright Investors Service Inc. trimmed its holdings in AerCap Holdings (NYSE:AER) by 38.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,908 shares of the financial services provider’s stock after selling 2,405 shares during the quarter. Wright Investors Service Inc.’s holdings in AerCap were worth $206,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently added to or reduced their stakes in the business. Bank of Nova Scotia increased its stake in AerCap by 4.7% during the 2nd quarter. Bank of Nova Scotia now owns 6,049 shares of the financial services provider’s stock valued at $281,000 after purchasing an additional 273 shares in the last quarter. Stifel Financial Corp boosted its holdings in shares of AerCap by 1.6% during the 2nd quarter. Stifel Financial Corp now owns 26,115 shares of the financial services provider’s stock valued at $1,213,000 after acquiring an additional 410 shares during the last quarter. HighTower Advisors LLC boosted its holdings in shares of AerCap by 10.7% during the 2nd quarter. HighTower Advisors LLC now owns 8,337 shares of the financial services provider’s stock valued at $389,000 after acquiring an additional 803 shares during the last quarter. PNC Financial Services Group Inc. boosted its holdings in shares of AerCap by 5.3% during the 2nd quarter. PNC Financial Services Group Inc. now owns 19,851 shares of the financial services provider’s stock valued at $922,000 after acquiring an additional 993 shares during the last quarter. Finally, Raymond James Financial Services Advisors Inc. boosted its holdings in shares of AerCap by 5.1% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 20,976 shares of the financial services provider’s stock valued at $974,000 after acquiring an additional 1,016 shares during the last quarter. Institutional investors and hedge funds own 85.42% of the company’s stock.

A number of analysts have recently issued reports on AER shares. Citigroup started coverage on shares of AerCap in a report on Friday, December 8th. They set a “neutral” rating and a $57.00 price target on the stock. Wells Fargo & Co set a $62.00 price target on shares of AerCap and gave the company a “buy” rating in a report on Friday, December 15th. Cowen reaffirmed a “buy” rating and set a $55.00 price target on shares of AerCap in a report on Thursday, October 12th. Zacks Investment Research downgraded shares of AerCap from a “buy” rating to a “hold” rating in a report on Thursday, October 12th. Finally, Royal Bank of Canada dropped their price objective on shares of AerCap from $77.00 to $74.00 and set an “outperform” rating on the stock in a report on Tuesday, November 14th. Four investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of $57.30.

AerCap Holdings (NYSE:AER) opened at $54.10 on Thursday. The company has a current ratio of 0.42, a quick ratio of 0.42 and a debt-to-equity ratio of 3.17. AerCap Holdings has a 1-year low of $42.35 and a 1-year high of $55.67. The firm has a market cap of $8,559.72, a P/E ratio of 7.91, a price-to-earnings-growth ratio of 0.72 and a beta of 1.85.

AerCap (NYSE:AER) last released its quarterly earnings data on Thursday, November 2nd. The financial services provider reported $1.62 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.47 by $0.15. The firm had revenue of $1.27 billion for the quarter, compared to analysts’ expectations of $1.23 billion. AerCap had a net margin of 22.84% and a return on equity of 13.84%. The company’s revenue for the quarter was up 3.9% compared to the same quarter last year. During the same quarter last year, the business posted $1.22 earnings per share. equities research analysts forecast that AerCap Holdings will post 6.17 EPS for the current fiscal year.

AerCap announced that its board has initiated a stock repurchase plan on Thursday, November 2nd that authorizes the company to buyback $200.00 million in outstanding shares. This buyback authorization authorizes the financial services provider to buy shares of its stock through open market purchases. Stock buyback plans are usually an indication that the company’s board of directors believes its stock is undervalued.

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AerCap 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 (NYSE:AER)

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