AerCap Holdings (NYSE:AER) Shares Sold by AustralianSuper Pty Ltd

AustralianSuper Pty Ltd lessened its stake in shares of AerCap Holdings (NYSE:AER) by 6.3% during the fourth quarter, HoldingsChannel reports. The firm owned 75,098 shares of the financial services provider’s stock after selling 5,028 shares during the period. AustralianSuper Pty Ltd’s holdings in AerCap were worth $7,187,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Creative Planning lifted its stake in shares of AerCap by 10.3% in the third quarter. Creative Planning now owns 26,049 shares of the financial services provider’s stock worth $2,467,000 after acquiring an additional 2,435 shares in the last quarter. Global Retirement Partners LLC lifted its stake in shares of AerCap by 87.9% in the third quarter. Global Retirement Partners LLC now owns 5,058 shares of the financial services provider’s stock worth $479,000 after acquiring an additional 2,366 shares in the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd lifted its stake in shares of AerCap by 2.4% in the third quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 19,077 shares of the financial services provider’s stock worth $1,807,000 after acquiring an additional 451 shares in the last quarter. Net Worth Advisory Group acquired a new position in shares of AerCap in the third quarter worth about $950,000. Finally, Blue Trust Inc. lifted its stake in shares of AerCap by 223.3% in the third quarter. Blue Trust Inc. now owns 915 shares of the financial services provider’s stock worth $85,000 after acquiring an additional 632 shares in the last quarter. Institutional investors and hedge funds own 96.42% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the company. Deutsche Bank Aktiengesellschaft boosted their price target on AerCap from $110.00 to $115.00 and gave the stock a “buy” rating in a research note on Tuesday, October 22nd. The Goldman Sachs Group reissued a “buy” rating and issued a $119.00 price objective on shares of AerCap in a report on Thursday, November 21st. One research analyst has rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $112.00.

AerCap Stock Up 1.6 %

NYSE:AER opened at $100.60 on Friday. The firm has a market capitalization of $19.91 billion, a PE ratio of 7.97, a price-to-earnings-growth ratio of 2.13 and a beta of 1.81. The stock has a 50 day moving average of $95.83 and a 200-day moving average of $95.24. AerCap Holdings has a 52 week low of $75.96 and a 52 week high of $100.81. 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 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.