Triasima Portfolio Management inc. Invests $2.27 Million in AerCap Holdings (NYSE:AER)

Triasima Portfolio Management inc. purchased a new stake in AerCap Holdings (NYSE:AER - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 23,710 shares of the financial services provider's stock, valued at approximately $2,269,000.

Several other institutional investors and hedge funds also recently modified their holdings of AER. Sumitomo Mitsui DS Asset Management Company Ltd lifted its stake in AerCap by 0.6% in the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 19,192 shares of the financial services provider's stock valued at $1,837,000 after acquiring an additional 115 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. grew its position in AerCap by 2.0% in the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 400,770 shares of the financial services provider's stock valued at $38,354,000 after purchasing an additional 8,043 shares in the last quarter. Choreo LLC lifted its position in AerCap by 115.9% during the 4th quarter. Choreo LLC now owns 12,032 shares of the financial services provider's stock worth $1,149,000 after buying an additional 6,459 shares in the last quarter. Yousif Capital Management LLC increased its position in shares of AerCap by 3.6% in the fourth quarter. Yousif Capital Management LLC now owns 11,957 shares of the financial services provider's stock valued at $1,144,000 after acquiring an additional 410 shares during the last quarter. Finally, ARGA Investment Management LP boosted its position in AerCap by 20.2% during the fourth quarter. ARGA Investment Management LP now owns 14,230 shares of the financial services provider's stock valued at $1,362,000 after purchasing an additional 2,394 shares during the last quarter. 96.42% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the company. The Goldman Sachs Group reiterated a "buy" rating and set a $119.00 price objective on shares of AerCap in a research note on Thursday, November 21st. Deutsche Bank Aktiengesellschaft increased their price target on AerCap from $110.00 to $115.00 and gave the company a "buy" rating in a research note on Tuesday, October 22nd. One investment analyst has rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $112.00.

AerCap Price Performance

Shares of NYSE:AER traded up $0.49 during trading on Tuesday, reaching $97.32. 435,416 shares of the company traded hands, compared to its average volume of 992,671. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 2.89. AerCap Holdings has a 52 week low of $75.83 and a 52 week high of $100.81. The firm has a market capitalization of $19.26 billion, a PE ratio of 7.72, a PEG ratio of 2.13 and a beta of 1.81. The company's 50 day moving average is $95.67 and its two-hundred day moving average is $95.09.

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.