AerCap Holdings (NYSE:AER) Shares Sold by Highland Capital Management LLC

Highland Capital Management LLC decreased its position in shares of AerCap Holdings (NYSE:AER) by 2.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 14,850 shares of the financial services provider’s stock after selling 400 shares during the quarter. Highland Capital Management LLC’s holdings in AerCap were worth $1,421,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in AER. Darsana Capital Partners LP acquired a new stake in AerCap during the third quarter valued at $94,720,000. TOMS Capital Investment Management LP purchased a new stake in shares of AerCap during the 3rd quarter worth about $60,526,000. KBC Group NV grew its position in shares of AerCap by 137.8% during the 4th quarter. KBC Group NV now owns 834,452 shares of the financial services provider’s stock valued at $79,857,000 after acquiring an additional 483,564 shares during the period. Assenagon Asset Management S.A. increased its stake in shares of AerCap by 176.2% in the 3rd quarter. Assenagon Asset Management S.A. now owns 753,267 shares of the financial services provider’s stock valued at $71,349,000 after purchasing an additional 480,551 shares in the last quarter. Finally, Wedge Capital Management L L P NC raised its holdings in AerCap by 3,568.6% in the 3rd quarter. Wedge Capital Management L L P NC now owns 427,756 shares of the financial services provider’s stock worth $40,517,000 after purchasing an additional 416,096 shares during the period. 96.42% of the stock is owned by hedge funds and other institutional investors.

AerCap Trading Down 0.4 %

Shares of AER opened at $95.46 on Friday. AerCap Holdings has a 52-week low of $75.83 and a 52-week high of $100.81. The stock has a market cap of $18.90 billion, a PE ratio of 7.56, a price-to-earnings-growth ratio of 2.07 and a beta of 1.82. The firm’s fifty day moving average is $96.07 and its two-hundred day moving average is $95.03. 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 (NYSE:AER) last announced its quarterly earnings data on Wednesday, October 30th. The financial services provider reported $2.41 earnings per share (EPS) for the quarter, meeting the consensus estimate of $2.41. AerCap had a net margin of 32.38% and a return on equity of 13.98%. The company had revenue of $1.95 billion during the quarter, compared to analysts’ expectations of $1.92 billion. During the same quarter in the prior year, the company earned $2.81 EPS. AerCap’s revenue was up 3.0% compared to the same quarter last year. Research analysts forecast that AerCap Holdings will post 11.26 earnings per share for the current fiscal year.

Analysts Set New Price Targets

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

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.