Callan Capital LLC lifted its position in shares of AerCap Holdings (NYSE:AER – Free Report) by 27.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,501 shares of the financial services provider’s stock after acquiring an additional 764 shares during the quarter. Callan Capital LLC’s holdings in AerCap were worth $335,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds also recently made changes to their positions in the company. First Horizon Advisors Inc. raised its position in shares of AerCap by 15.3% during the third quarter. First Horizon Advisors Inc. now owns 814 shares of the financial services provider’s stock worth $77,000 after acquiring an additional 108 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd raised its position in shares of AerCap by 0.6% during the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 19,192 shares of the financial services provider’s stock worth $1,837,000 after acquiring an additional 115 shares during the last quarter. Toth Financial Advisory Corp bought a new stake in AerCap in the fourth quarter valued at about $29,000. Principal Securities Inc. increased its holdings in AerCap by 3.3% in the fourth quarter. Principal Securities Inc. now owns 9,664 shares of the financial services provider’s stock valued at $925,000 after purchasing an additional 305 shares during the last quarter. Finally, Atria Wealth Solutions Inc. increased its holdings in AerCap by 5.8% in the fourth quarter. Atria Wealth Solutions Inc. now owns 5,547 shares of the financial services provider’s stock valued at $531,000 after purchasing an additional 306 shares during the last quarter. Institutional investors own 96.42% of the company’s stock.
Wall Street Analysts Forecast Growth
Separately, The Goldman Sachs Group reiterated 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. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $112.00.
AerCap Trading Down 3.9 %
NYSE AER opened at $101.67 on Friday. AerCap Holdings has a 12 month low of $75.96 and a 12 month high of $107.36. The stock has a 50-day simple moving average of $96.59 and a 200 day simple moving average of $95.71. The company has a market capitalization of $20.12 billion, a PE ratio of 8.06, a P/E/G ratio of 2.31 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 Company 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.
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