Citizens National Bank Trust Department Makes New $1.21 Million Investment in AerCap Holdings (NYSE:AER)

Citizens National Bank Trust Department acquired a new stake in AerCap Holdings (NYSE:AER) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 12,677 shares of the financial services provider’s stock, valued at approximately $1,213,000.

A number of other institutional investors also recently modified their holdings of the company. Creative Planning lifted its position in shares of AerCap by 10.3% during the 3rd quarter. Creative Planning now owns 26,049 shares of the financial services provider’s stock valued at $2,467,000 after acquiring an additional 2,435 shares during the period. Blue Trust Inc. raised its holdings in shares of AerCap by 223.3% in the third quarter. Blue Trust Inc. now owns 915 shares of the financial services provider’s stock valued at $85,000 after purchasing an additional 632 shares during the last quarter. Signaturefd LLC grew its position in AerCap by 12.2% during the third quarter. Signaturefd LLC now owns 5,540 shares of the financial services provider’s stock valued at $525,000 after buying an additional 603 shares during the period. Dupree Financial Group LLC grew its position in AerCap by 0.4% during the third quarter. Dupree Financial Group LLC now owns 28,395 shares of the financial services provider’s stock valued at $2,690,000 after buying an additional 121 shares during the period. Finally, Assenagon Asset Management S.A. grew its position in AerCap by 176.2% during the third quarter. Assenagon Asset Management S.A. now owns 753,267 shares of the financial services provider’s stock valued at $71,349,000 after buying an additional 480,551 shares during the period. 96.42% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group reiterated a “buy” rating and set a $119.00 target price 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 stock. According to MarketBeat.com, AerCap presently has a consensus rating of “Moderate Buy” and a consensus price target of $112.00.

AerCap Stock Up 2.3 %

Shares of AER opened at $105.42 on Thursday. The stock has a market capitalization of $20.87 billion, a price-to-earnings ratio of 8.35, a price-to-earnings-growth ratio of 2.20 and a beta of 1.81. AerCap Holdings has a 1 year low of $75.96 and a 1 year high of $105.78. The business’s 50 day simple moving average is $96.25 and its 200-day simple moving average is $95.49. The company has a debt-to-equity ratio of 2.89, a current ratio of 0.67 and a quick ratio of 0.67.

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.