AerCap Holdings (NYSE:AER) is Caas Capital Management LP's 6th Largest Position

Caas Capital Management LP boosted its holdings in AerCap Holdings (NYSE:AER - Free Report) by 40.6% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 41,206 shares of the financial services provider's stock after acquiring an additional 11,900 shares during the period. AerCap accounts for about 0.7% of Caas Capital Management LP's portfolio, making the stock its 6th largest holding. Caas Capital Management LP's holdings in AerCap were worth $3,943,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in AER. Dimensional Fund Advisors LP acquired a new stake in shares of AerCap during the second quarter valued at about $1,990,000. AQR Capital Management LLC boosted its position in shares of AerCap by 26.6% during the 2nd quarter. AQR Capital Management LLC now owns 10,075 shares of the financial services provider's stock worth $939,000 after purchasing an additional 2,115 shares during the period. Creative Planning increased its holdings in AerCap by 13.9% in the 2nd quarter. Creative Planning now owns 23,614 shares of the financial services provider's stock valued at $2,201,000 after purchasing an additional 2,881 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its position in AerCap by 32.6% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,694 shares of the financial services provider's stock valued at $251,000 after purchasing an additional 662 shares during the period. Finally, Cetera Investment Advisers lifted its stake in AerCap by 2.6% during the second quarter. Cetera Investment Advisers now owns 17,806 shares of the financial services provider's stock worth $1,660,000 after purchasing an additional 452 shares in the last quarter. 96.42% of the stock is currently owned by hedge funds and other institutional investors.

AerCap Stock Up 0.4 %

Shares of AER traded up $0.41 during mid-day trading on Friday, reaching $97.76. The company's stock had a trading volume of 779,558 shares, compared to its average volume of 1,003,598. The company's 50 day moving average is $95.73 and its 200 day moving average is $95.04. The stock has a market cap of $19.35 billion, a PE ratio of 7.75, a price-to-earnings-growth ratio of 2.09 and a beta of 1.81. AerCap Holdings has a 12-month low of $75.83 and a 12-month high of $100.81. The company has a debt-to-equity ratio of 2.89, a current ratio of 0.67 and a quick ratio of 0.67.

Analyst Upgrades and Downgrades

AER has been the subject of a number of research reports. Deutsche Bank Aktiengesellschaft lifted their price objective on AerCap from $110.00 to $115.00 and gave the company a "buy" rating in a research note on Tuesday, October 22nd. The Goldman Sachs Group reiterated a "buy" rating and set a $119.00 price target on shares of AerCap in a research note on Thursday, November 21st. One investment analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. According to MarketBeat, AerCap currently has a consensus rating of "Moderate Buy" and a consensus price target of $112.00.

AerCap 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.