Forsta AP Fonden Sells 7,200 Shares of AerCap Holdings (NYSE:AER)

Forsta AP Fonden lowered its stake in shares of AerCap Holdings (NYSE:AER - Free Report) by 39.6% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 11,000 shares of the financial services provider's stock after selling 7,200 shares during the quarter. Forsta AP Fonden's holdings in AerCap were worth $1,053,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Toth Financial Advisory Corp bought a new stake in shares of AerCap during the fourth quarter valued at approximately $29,000. Truvestments Capital LLC bought a new position in AerCap in the 3rd quarter valued at $35,000. Fortitude Family Office LLC acquired a new stake in shares of AerCap in the 4th quarter valued at $38,000. UMB Bank n.a. raised its position in shares of AerCap by 35.5% during the third quarter. UMB Bank n.a. now owns 664 shares of the financial services provider's stock worth $63,000 after acquiring an additional 174 shares during the last quarter. Finally, Transamerica Financial Advisors Inc. acquired a new position in shares of AerCap during the third quarter valued at $64,000. Institutional investors and hedge funds own 96.42% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts recently commented on the company. Deutsche Bank Aktiengesellschaft lifted their price objective on 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 reiterated a "buy" rating and set a $119.00 price target on shares of AerCap in a research 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.com, the company presently has an average rating of "Moderate Buy" and an average price target of $112.00.

AerCap Trading Up 0.7 %

AER traded up $0.70 during midday trading on Thursday, reaching $97.25. 969,806 shares of the company were exchanged, compared to its average volume of 1,012,934. 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 capitalization of $19.25 billion, a P/E ratio of 7.71, a PEG ratio of 2.09 and a beta of 1.81. The stock's 50-day simple moving average is $95.73 and its 200 day simple moving average is $95.04. AerCap Holdings has a one year low of $75.83 and a one year high of $100.81.

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.