Hussman Strategic Advisors Inc. lessened its position in shares of AerCap Holdings (NYSE:AER) by 50.0% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 25,000 shares of the financial services provider’s stock after selling 25,000 shares during the period. Hussman Strategic Advisors Inc.’s holdings in AerCap were worth $1,438,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors have also recently bought and sold shares of the company. Tower Research Capital LLC TRC bought a new stake in AerCap during the 2nd quarter worth approximately $167,000. We Are One Seven LLC bought a new stake in AerCap during the 3rd quarter worth approximately $222,000. Daiwa SB Investments Ltd. bought a new stake in AerCap during the 3rd quarter worth approximately $225,000. Commonwealth Equity Services LLC bought a new stake in AerCap during the 2nd quarter worth approximately $224,000. Finally, Truvestments Capital LLC bought a new stake in AerCap during the 2nd quarter worth approximately $265,000. 85.98% of the stock is currently owned by institutional investors and hedge funds.
A number of analysts recently weighed in on the stock. Zacks Investment Research raised shares of AerCap from a “hold” rating to a “buy” rating and set a $63.00 target price on the stock in a report on Wednesday, August 1st. Stephens lowered shares of AerCap from an “overweight” rating to an “equal weight” rating and set a $64.00 target price on the stock. in a report on Tuesday, July 31st. Morgan Stanley upped their target price on shares of AerCap from $53.00 to $54.00 and gave the stock an “underweight” rating in a report on Monday, August 6th. Finally, Barclays decreased their target price on shares of AerCap from $71.00 to $69.00 and set an “overweight” rating on the stock in a report on Tuesday, July 31st. One analyst has rated the stock with a sell rating, five have issued a hold rating and six have issued a buy rating to the company. The company has an average rating of “Hold” and an average target price of $62.90.
Shares of NYSE:AER opened at $51.46 on Friday. The firm has a market capitalization of $7.47 billion, a PE ratio of 8.13, a P/E/G ratio of 1.06 and a beta of 1.91. AerCap Holdings has a one year low of $48.10 and a one year high of $58.30. The company has a debt-to-equity ratio of 3.27, a quick ratio of 0.49 and a current ratio of 0.49.
AerCap (NYSE:AER) last issued its quarterly earnings results on Tuesday, October 30th. The financial services provider reported $1.79 EPS for the quarter, topping the Zacks’ consensus estimate of $1.55 by $0.24. The firm had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.18 billion. AerCap had a net margin of 21.66% and a return on equity of 12.10%. The business’s revenue for the quarter was down 8.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.62 EPS. Research analysts expect that AerCap Holdings will post 6.69 EPS for the current fiscal year.
AerCap Holdings N.V., an aircraft leasing company, engages in the lease, financing, sale, and management of commercial aircraft and engines in Mainland China, Hong Kong, Macau, the United States, Ireland, and internationally. The company provides 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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