Ninety One UK Ltd raised its holdings in AerCap Holdings (NYSE:AER - Free Report) by 7.0% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 2,550,350 shares of the financial services provider's stock after buying an additional 167,830 shares during the quarter. Ninety One UK Ltd owned 1.29% of AerCap worth $244,068,000 at the end of the most recent quarter.
Other institutional investors also recently added to or reduced their stakes in the company. Toth Financial Advisory Corp acquired a new stake in shares of AerCap in the fourth quarter worth $29,000. Truvestments Capital LLC bought a new stake in AerCap in the 3rd quarter valued at $35,000. Fortitude Family Office LLC acquired a new stake in AerCap in the 4th quarter worth $38,000. UMB Bank n.a. increased its holdings in shares of AerCap by 35.5% during the 3rd quarter. UMB Bank n.a. now owns 664 shares of the financial services provider's stock worth $63,000 after purchasing an additional 174 shares during the period. Finally, Transamerica Financial Advisors Inc. acquired a new position in shares of AerCap during the third quarter valued at about $64,000. 96.42% of the stock is owned by institutional investors.
AerCap Price Performance
Shares of AER stock traded up $0.41 during trading hours on Friday, hitting $97.76. The company had a trading volume of 779,558 shares, compared to its average volume of 1,027,952. AerCap Holdings has a 12 month low of $75.83 and a 12 month 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 firm's fifty day moving average is $95.73 and its 200 day moving average is $95.04. The firm has a market capitalization of $19.35 billion, a price-to-earnings ratio of 7.75, a PEG ratio of 2.13 and a beta of 1.81.
Analyst Ratings Changes
AER has been the topic of several research reports. The Goldman Sachs Group restated a "buy" rating and set a $119.00 price target on shares of AerCap in a research note on Thursday, November 21st. Deutsche Bank Aktiengesellschaft raised 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. One investment 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, the company has a consensus rating of "Moderate Buy" and an average price target of $112.00.
View Our Latest Analysis on AER
AerCap Company Profile
(
Free Report)
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.
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