Sei Investments Co. increased its position in shares of AerCap Holdings NV (NYSE:AER) by 13.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 631,199 shares of the company’s stock after buying an additional 74,413 shares during the period. Sei Investments Co. owned 0.34% of AerCap Holdings NV worth $24,294,000 as of its most recent SEC filing.
Other hedge funds also recently bought and sold shares of the company. Financial Counselors Inc. raised its stake in AerCap Holdings NV by 1.5% in the second quarter. Financial Counselors Inc. now owns 7,065 shares of the company’s stock worth $237,000 after buying an additional 106 shares during the last quarter. Genesee Valley Trust Co. raised its stake in AerCap Holdings NV by 1.9% in the third quarter. Genesee Valley Trust Co. now owns 9,164 shares of the company’s stock worth $353,000 after buying an additional 170 shares during the last quarter. Scotia Capital Inc. raised its stake in AerCap Holdings NV by 0.9% in the second quarter. Scotia Capital Inc. now owns 20,034 shares of the company’s stock worth $675,000 after buying an additional 173 shares during the last quarter. Stifel Financial Corp raised its stake in AerCap Holdings NV by 1.0% in the second quarter. Stifel Financial Corp now owns 21,387 shares of the company’s stock worth $718,000 after buying an additional 205 shares during the last quarter. Finally, Calvert Investment Management Inc. raised its stake in AerCap Holdings NV by 4.4% in the second quarter. Calvert Investment Management Inc. now owns 6,104 shares of the company’s stock worth $205,000 after buying an additional 260 shares during the last quarter. 85.71% of the stock is currently owned by institutional investors and hedge funds.
Shares of AerCap Holdings NV (NYSE:AER) traded up 0.82% during midday trading on Friday, hitting $44.26. The company had a trading volume of 410,036 shares. The firm has a market cap of $7.90 billion, a price-to-earnings ratio of 9.05 and a beta of 1.65. AerCap Holdings NV has a one year low of $24.61 and a one year high of $46.32. The company’s 50 day moving average is $41.55 and its 200 day moving average is $38.67.
AerCap Holdings NV (NYSE:AER) last issued its quarterly earnings results on Tuesday, November 8th. The company reported $1.68 earnings per share for the quarter, beating analysts’ consensus estimates of $1.44 by $0.24. AerCap Holdings NV had a return on equity of 14.06% and a net margin of 18.48%. The business had revenue of $1.23 billion for the quarter, compared to the consensus estimate of $1.20 billion. During the same quarter in the previous year, the company posted $1.64 earnings per share. AerCap Holdings NV’s revenue for the quarter was down 7.3% compared to the same quarter last year. Equities analysts forecast that AerCap Holdings NV will post $6.21 earnings per share for the current fiscal year.
A number of analysts recently commented on the company. FBR & Co reaffirmed a “buy” rating on shares of AerCap Holdings NV in a research note on Monday. DA Davidson reissued a “buy” rating and issued a $52.00 price target on shares of AerCap Holdings NV in a research note on Wednesday, November 9th. RBC Capital Markets reissued an “outperform” rating and issued a $74.00 price target (up from $72.00) on shares of AerCap Holdings NV in a research note on Friday, August 12th. Zacks Investment Research lowered AerCap Holdings NV from a “buy” rating to a “hold” rating in a research note on Wednesday, August 10th. Finally, Stephens started coverage on AerCap Holdings NV in a research note on Tuesday, November 1st. They issued an “overweight” rating and a $64.00 price target on the stock. Two research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. AerCap Holdings NV currently has an average rating of “Buy” and a consensus target price of $55.77.
In other news, Director Michael Gradon sold 1,091 shares of AerCap Holdings NV stock in a transaction on Monday, November 21st. The stock was sold at an average price of $44.57, for a total transaction of $48,625.87. Following the transaction, the director now owns 4,122 shares in the company, valued at $183,717.54. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.
About AerCap Holdings NV