Sumitomo Mitsui DS Asset Management Company Ltd Has $1.84 Million Stake in AerCap Holdings (NYSE:AER)

Sumitomo Mitsui DS Asset Management Company Ltd boosted its stake in shares of AerCap Holdings (NYSE:AER) by 0.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 19,192 shares of the financial services provider’s stock after buying an additional 115 shares during the quarter. Sumitomo Mitsui DS Asset Management Company Ltd’s holdings in AerCap were worth $1,837,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in AER. First Horizon Advisors Inc. lifted its stake in shares of AerCap by 15.3% in 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 period. Dupree Financial Group LLC boosted its stake in shares of AerCap by 0.4% in the 3rd quarter. Dupree Financial Group LLC now owns 28,395 shares of the financial services provider’s stock valued at $2,690,000 after purchasing an additional 121 shares during the last quarter. UMB Bank n.a. increased its position in shares of AerCap by 35.5% during the third quarter. UMB Bank n.a. now owns 664 shares of the financial services provider’s stock worth $63,000 after buying an additional 174 shares during the period. Toth Financial Advisory Corp bought a new position in AerCap during the fourth quarter worth $29,000. Finally, Nomura Asset Management Co. Ltd. lifted its holdings in AerCap by 0.5% in the third quarter. Nomura Asset Management Co. Ltd. now owns 58,671 shares of the financial services provider’s stock valued at $5,557,000 after buying an additional 320 shares during the period. Institutional investors own 96.42% of the company’s stock.

Analyst Upgrades and Downgrades

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

AerCap Trading Down 1.0 %

Shares of AerCap stock opened at $96.79 on Tuesday. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 2.89. The stock has a fifty day simple moving average of $95.67 and a 200 day simple moving average of $95.09. AerCap Holdings has a 12-month low of $75.83 and a 12-month high of $100.81. The company has a market capitalization of $19.16 billion, a P/E ratio of 7.67, a price-to-earnings-growth ratio of 2.13 and a beta of 1.81.

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.