AerCap Holdings (NYSE:AER) Position Increased by Ativo Capital Management LLC

Ativo Capital Management LLC boosted its position in AerCap Holdings (NYSE:AER) by 34.9% in the 4th quarter, Holdings Channel reports. The institutional investor owned 41,500 shares of the financial services provider’s stock after buying an additional 10,740 shares during the period. AerCap accounts for approximately 3.9% of Ativo Capital Management LLC’s holdings, making the stock its 4th biggest holding. Ativo Capital Management LLC’s holdings in AerCap were worth $3,972,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. B. Riley Wealth Advisors Inc. increased its position in AerCap by 59.3% in the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 17,875 shares of the financial services provider’s stock valued at $1,686,000 after acquiring an additional 6,654 shares during the period. Connor Clark & Lunn Investment Management Ltd. lifted its holdings in shares of AerCap by 66.8% during the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 279,803 shares of the financial services provider’s stock valued at $26,503,000 after purchasing an additional 112,084 shares during the last quarter. KBC Group NV boosted its position in shares of AerCap by 18.7% in the 3rd quarter. KBC Group NV now owns 350,888 shares of the financial services provider’s stock valued at $33,236,000 after purchasing an additional 55,213 shares during the period. Summit Global Investments acquired a new position in shares of AerCap in the 3rd quarter valued at $667,000. Finally, Franklin Resources Inc. boosted its position in shares of AerCap by 5.3% in the 3rd quarter. Franklin Resources Inc. now owns 5,601,208 shares of the financial services provider’s stock valued at $545,726,000 after purchasing an additional 282,980 shares during the period. 96.42% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Separately, 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. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $112.00.

AerCap Trading Down 3.9 %

AER stock opened at $101.67 on Friday. The company has a market cap of $20.12 billion, a P/E ratio of 8.06, a PEG ratio of 2.30 and a beta of 1.81. AerCap Holdings has a twelve month low of $75.96 and a twelve month high of $107.36. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 2.89. The business has a fifty day moving average of $96.59 and a 200-day moving average of $95.67.

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.