AerCap Holdings (NYSE:AER) Shares Sold by Fifth Third Bancorp

Fifth Third Bancorp lowered its holdings in shares of AerCap Holdings (NYSE:AER - Free Report) by 29.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 7,514 shares of the financial services provider's stock after selling 3,170 shares during the quarter. Fifth Third Bancorp's holdings in AerCap were worth $719,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in the business. Franklin Resources Inc. grew its position in AerCap by 5.3% in the 3rd quarter. Franklin Resources Inc. now owns 5,601,208 shares of the financial services provider's stock valued at $545,726,000 after acquiring an additional 282,980 shares during the last quarter. State Street Corp grew its stake in 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 acquiring an additional 370,906 shares in the last quarter. Donald Smith & CO. Inc. increased its position in shares of AerCap by 0.7% during the third quarter. Donald Smith & CO. Inc. now owns 3,525,307 shares of the financial services provider's stock worth $333,917,000 after acquiring an additional 23,994 shares during the period. FMR LLC raised its stake in shares of 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 acquiring an additional 22,346 shares in the last quarter. Finally, Soros Fund Management LLC boosted its holdings in shares of AerCap by 2.1% in 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 purchasing an additional 32,911 shares during the period. Institutional investors own 96.42% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on AER shares. Deutsche Bank Aktiengesellschaft lifted their target price on 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 restated a "buy" rating and issued a $119.00 target price 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 issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $112.00.

AerCap Stock Performance

NYSE AER traded up $0.03 during trading hours on Thursday, reaching $95.85. The stock had a trading volume of 174,962 shares, compared to its average volume of 904,103. AerCap Holdings has a 52-week low of $75.83 and a 52-week high of $100.81. The company has a debt-to-equity ratio of 2.89, a quick ratio of 0.67 and a current ratio of 0.67. The stock has a market cap of $18.97 billion, a P/E ratio of 7.60, a price-to-earnings-growth ratio of 2.07 and a beta of 1.82. The stock has a fifty day moving average of $96.11 and a 200 day moving average of $95.03.

AerCap (NYSE:AER - Get Free Report) last released its quarterly earnings data on Wednesday, October 30th. The financial services provider reported $2.41 earnings per share for the quarter, hitting analysts' consensus estimates of $2.41. The firm had revenue of $1.95 billion for the quarter, compared to analyst estimates of $1.92 billion. AerCap had a net margin of 32.38% and a return on equity of 13.98%. The business's quarterly revenue was up 3.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.81 earnings per share. Sell-side analysts predict that AerCap Holdings will post 11.26 earnings per share for the current year.

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.