International Assets Investment Management LLC Makes New $956,000 Investment in AerCap Holdings (NYSE:AER)

International Assets Investment Management LLC acquired a new stake in shares of AerCap Holdings (NYSE:AER) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 12,857 shares of the financial services provider’s stock, valued at approximately $956,000.

Several other large investors have also recently modified their holdings of the stock. Wellington Management Group LLP grew its position in AerCap by 9.9% during the 3rd quarter. Wellington Management Group LLP now owns 21,028,200 shares of the financial services provider’s stock worth $1,317,837,000 after acquiring an additional 1,901,459 shares during the last quarter. 59 North Capital Management LP increased its stake in shares of AerCap by 123.7% in the third quarter. 59 North Capital Management LP now owns 2,872,302 shares of the financial services provider’s stock worth $180,007,000 after buying an additional 1,588,196 shares during the period. Soros Fund Management LLC raised its holdings in AerCap by 120.8% during the 3rd quarter. Soros Fund Management LLC now owns 1,857,644 shares of the financial services provider’s stock valued at $116,419,000 after buying an additional 1,016,395 shares during the last quarter. Goldentree Asset Management LP boosted its position in AerCap by 105.6% during the 3rd quarter. Goldentree Asset Management LP now owns 1,846,516 shares of the financial services provider’s stock valued at $115,721,000 after buying an additional 948,299 shares during the period. Finally, Hudson Bay Capital Management LP bought a new stake in AerCap in the 3rd quarter worth $26,630,000. Hedge funds and other institutional investors own 96.42% of the company’s stock.

AerCap Stock Performance

Shares of AerCap stock opened at $84.39 on Tuesday. The business has a fifty day simple moving average of $82.49 and a two-hundred day simple moving average of $74.14. The firm has a market capitalization of $16.70 billion, a P/E ratio of 5.97, a P/E/G ratio of 2.65 and a beta of 1.85. 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 Holdings has a 12 month low of $53.42 and a 12 month high of $88.44.

AerCap (NYSE:AER) last issued its quarterly earnings results on Friday, February 23rd. The financial services provider reported $3.11 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.44 by $0.67. The company had revenue of $1.90 billion during the quarter, compared to analysts’ expectations of $1.94 billion. AerCap had a net margin of 41.37% and a return on equity of 14.92%. AerCap’s revenue was up 3.8% on a year-over-year basis. During the same period last year, the company posted $2.66 EPS. On average, equities analysts forecast that AerCap Holdings will post 9.88 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of research firms have recently weighed in on AER. TD Cowen reiterated a “buy” rating and set a $85.00 target price on shares of AerCap in a report on Tuesday, February 27th. Barclays lifted their price objective on AerCap from $84.00 to $93.00 and gave the stock an “overweight” rating in a research report 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 note on Monday, February 26th. Finally, BMO Capital Markets reduced their price objective on shares of AerCap from $103.00 to $101.00 and set an “outperform” rating on the stock in a research report on Monday, February 26th. Eight investment analysts have rated the stock with a buy rating, According to MarketBeat.com, AerCap presently has a consensus rating of “Buy” and an average price target of $87.71.

AerCap Company Profile

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.