New York State Common Retirement Fund Sells 44,013 Shares of AerCap Holdings (NYSE:AER)

New York State Common Retirement Fund decreased its position in shares of AerCap Holdings (NYSE:AER - Free Report) by 8.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 476,068 shares of the financial services provider's stock after selling 44,013 shares during the quarter. New York State Common Retirement Fund owned about 0.24% of AerCap worth $45,560,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also modified their holdings of AER. Toth Financial Advisory Corp acquired a new stake in AerCap during the 4th quarter worth about $29,000. Truvestments Capital LLC acquired a new stake in AerCap in the 3rd quarter worth approximately $35,000. Fortitude Family Office LLC acquired a new stake in AerCap in the 4th quarter worth approximately $38,000. Transamerica Financial Advisors Inc. acquired a new stake in AerCap in the 3rd quarter worth approximately $64,000. Finally, Quantbot Technologies LP acquired a new stake in AerCap in the 3rd quarter worth approximately $66,000. 96.42% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, 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 research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $112.00.

AerCap Trading Down 4.3 %

NYSE AER traded down $4.50 during trading hours on Friday, hitting $101.28. 1,301,225 shares of the company's stock were exchanged, compared to its average volume of 1,124,597. The stock has a 50-day simple moving average of $96.47 and a 200 day simple moving average of $95.56. The firm has a market cap of $20.05 billion, a price-to-earnings ratio of 8.02, a PEG ratio of 2.30 and a beta of 1.81. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 2.89. AerCap Holdings has a 1-year low of $75.96 and a 1-year high of $107.36.

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.