Choreo LLC Acquires 6,459 Shares of AerCap Holdings (NYSE:AER)

Choreo LLC grew its holdings in shares of AerCap Holdings (NYSE:AER - Free Report) by 115.9% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 12,032 shares of the financial services provider's stock after acquiring an additional 6,459 shares during the period. Choreo LLC's holdings in AerCap were worth $1,149,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the business. Darsana Capital Partners LP acquired a new stake in shares of AerCap during the third quarter worth $94,720,000. TOMS Capital Investment Management LP acquired a new stake in shares of AerCap during the third quarter worth $60,526,000. KBC Group NV increased its position in shares of AerCap by 137.8% during the fourth quarter. KBC Group NV now owns 834,452 shares of the financial services provider's stock worth $79,857,000 after buying an additional 483,564 shares during the period. Assenagon Asset Management S.A. increased its position in shares of AerCap by 176.2% during the third quarter. Assenagon Asset Management S.A. now owns 753,267 shares of the financial services provider's stock worth $71,349,000 after buying an additional 480,551 shares during the period. Finally, Wedge Capital Management L L P NC increased its position in shares of AerCap by 3,568.6% during the third quarter. Wedge Capital Management L L P NC now owns 427,756 shares of the financial services provider's stock worth $40,517,000 after buying an additional 416,096 shares during the period. Institutional investors own 96.42% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on AER. Deutsche Bank Aktiengesellschaft increased their price objective on shares of AerCap from $110.00 to $115.00 and gave the stock a "buy" rating in a research report on Tuesday, October 22nd. The Goldman Sachs Group restated a "buy" rating and issued a $119.00 price target on shares of AerCap in a report on Thursday, November 21st. One equities research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $112.00.

AerCap Stock Up 1.3 %

NYSE:AER traded up $1.28 during trading hours on Wednesday, reaching $99.00. The company had a trading volume of 1,171,736 shares, compared to its average volume of 1,018,525. 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 has a market cap of $19.60 billion, a price-to-earnings ratio of 7.84, a P/E/G ratio of 2.13 and a beta of 1.81. The business's 50-day simple moving average is $95.68 and its two-hundred day simple moving average is $95.15. AerCap Holdings has a twelve month low of $75.83 and a twelve month high of $100.81.

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.