Asset Management One Co. Ltd. Reduces Position in AerCap Holdings (NYSE:AER)

Asset Management One Co. Ltd. lessened its holdings in shares of AerCap Holdings (NYSE:AER - Free Report) by 3.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 70,597 shares of the financial services provider's stock after selling 2,469 shares during the quarter. Asset Management One Co. Ltd.'s holdings in AerCap were worth $6,741,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently bought and sold shares of the stock. Toth Financial Advisory Corp bought a new position in shares of AerCap in the fourth quarter worth approximately $29,000. Truvestments Capital LLC purchased a new position in shares of AerCap during the 3rd quarter valued at $35,000. Fortitude Family Office LLC bought a new position in AerCap in the 4th quarter worth $38,000. Transamerica Financial Advisors Inc. purchased a new stake in AerCap in the 3rd quarter worth $64,000. Finally, Quantbot Technologies LP bought a new stake in AerCap during the third quarter valued at about $66,000. 96.42% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group reaffirmed a "buy" rating and issued a $119.00 price objective on shares of AerCap in a research note on Thursday, November 21st. One equities research analyst has rated the stock with a hold rating and six have issued a buy rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $112.00.

AerCap Price Performance

NYSE AER traded up $0.31 on Thursday, reaching $105.75. The company had a trading volume of 1,742,399 shares, compared to its average volume of 1,120,457. The stock has a market capitalization of $20.93 billion, a PE ratio of 8.38, a price-to-earnings-growth ratio of 2.25 and a beta of 1.81. AerCap Holdings has a 12 month low of $75.96 and a 12 month high of $107.36. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 2.89. The firm's 50 day moving average price is $96.47 and its 200 day moving average price is $95.56.

About AerCap

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.