Epiq Partners LLC Reduces Position in AerCap Holdings (NYSE:AER)

Epiq Partners LLC lowered its position in shares of AerCap Holdings (NYSE:AER - Free Report) by 14.4% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 26,680 shares of the financial services provider's stock after selling 4,505 shares during the period. AerCap comprises about 1.4% of Epiq Partners LLC's investment portfolio, making the stock its 23rd biggest holding. Epiq Partners LLC's holdings in AerCap were worth $2,553,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in AER. Franklin Resources Inc. lifted its holdings in AerCap by 5.3% in the third quarter. Franklin Resources Inc. now owns 5,601,208 shares of the financial services provider's stock worth $545,726,000 after buying an additional 282,980 shares during the period. State Street Corp grew its stake in shares of AerCap by 8.3% in the 3rd quarter. State Street Corp now owns 4,862,517 shares of the financial services provider's stock worth $460,579,000 after buying an additional 370,906 shares during the last quarter. Donald Smith & CO. Inc. increased its position in AerCap by 0.7% during the 3rd quarter. Donald Smith & CO. Inc. now owns 3,525,307 shares of the financial services provider's stock valued at $333,917,000 after buying an additional 23,994 shares in the last quarter. FMR LLC raised its stake in AerCap by 1.3% during the third quarter. FMR LLC now owns 1,737,476 shares of the financial services provider's stock valued at $164,574,000 after buying an additional 22,346 shares during the last quarter. Finally, Soros Fund Management LLC raised its stake in AerCap by 2.1% during the third quarter. Soros Fund Management LLC now owns 1,589,896 shares of the financial services provider's stock valued at $150,595,000 after buying an additional 32,911 shares during the last quarter. Institutional investors own 96.42% of the company's stock.

AerCap Trading Up 0.3 %

Shares of AerCap stock traded up $0.25 on Friday, reaching $95.65. The company had a trading volume of 1,436,169 shares, compared to its average volume of 965,108. The firm has a market cap of $18.93 billion, a price-to-earnings ratio of 7.58, a P/E/G ratio of 2.09 and a beta of 1.82. The firm's 50-day moving average price is $96.07 and its two-hundred day moving average price is $95.03. AerCap Holdings has a 1 year low of $75.83 and a 1 year 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.

AerCap (NYSE:AER - Get Free Report) last announced its earnings results on Wednesday, October 30th. The financial services provider reported $2.41 earnings per share for the quarter, meeting the consensus estimate of $2.41. AerCap had a net margin of 32.38% and a return on equity of 13.98%. The business had revenue of $1.95 billion for the quarter, compared to the consensus estimate of $1.92 billion. During the same quarter in the prior year, the firm posted $2.81 earnings per share. The business's revenue for the quarter was up 3.0% on a year-over-year basis. As a group, research analysts predict that AerCap Holdings will post 11.25 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several analysts recently commented on the stock. Deutsche Bank Aktiengesellschaft increased their price objective on shares of AerCap from $110.00 to $115.00 and gave the company a "buy" rating in a research report 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 report on Thursday, November 21st. One research analyst has rated the stock with a hold rating and six have issued a buy rating to the company's stock. Based on data from MarketBeat.com, AerCap presently has a consensus rating of "Moderate Buy" and an average 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.