Check Capital Management Inc. CA Sells 11,810 Shares of AerCap Holdings (NYSE:AER)

Check Capital Management Inc. CA lessened its holdings in AerCap Holdings (NYSE:AER) by 1.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 862,802 shares of the financial services provider’s stock after selling 11,810 shares during the quarter. AerCap makes up about 2.5% of Check Capital Management Inc. CA’s investment portfolio, making the stock its 5th largest holding. Check Capital Management Inc. CA’s holdings in AerCap were worth $82,570,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. B. Riley Wealth Advisors Inc. lifted its holdings in shares of 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 worth $1,686,000 after purchasing an additional 6,654 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd lifted its stake in 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 valued at $1,807,000 after buying an additional 451 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. boosted 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 acquiring an additional 112,084 shares during the period. KBC Group NV grew its position in shares of AerCap by 18.7% during the third quarter. KBC Group NV now owns 350,888 shares of the financial services provider’s stock worth $33,236,000 after acquiring an additional 55,213 shares during the last quarter. Finally, Summit Global Investments acquired a new stake in shares of AerCap in the 3rd quarter worth about $667,000. Institutional investors own 96.42% of the company’s stock.

Wall Street Analyst Weigh In

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

AerCap Trading Up 1.6 %

AerCap stock opened at $100.60 on Friday. AerCap Holdings has a 12-month low of $75.96 and a 12-month high of $100.81. The company has a debt-to-equity ratio of 2.89, a current ratio of 0.67 and a quick ratio of 0.67. The stock 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 firm has a 50 day simple moving average of $95.83 and a 200-day simple moving average of $95.24.

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.