Wealthstream Advisors Inc. lifted its stake in shares of AerCap Holdings (NYSE:AER – Free Report) by 32.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,740 shares of the financial services provider’s stock after purchasing an additional 909 shares during the quarter. Wealthstream Advisors Inc.’s holdings in AerCap were worth $358,000 at the end of the most recent reporting period.
Several other institutional investors have also bought and sold shares of the stock. Creative Planning lifted its stake in shares of AerCap by 10.3% in the 3rd quarter. Creative Planning now owns 26,049 shares of the financial services provider’s stock worth $2,467,000 after acquiring an additional 2,435 shares during the period. Blue Trust Inc. raised its stake in shares of AerCap by 223.3% in the 3rd quarter. Blue Trust Inc. now owns 915 shares of the financial services provider’s stock worth $85,000 after buying an additional 632 shares in the last quarter. Highland Capital Management LLC acquired a new stake in shares of AerCap in the third quarter valued at $1,444,000. Mirae Asset Global Investments Co. Ltd. lifted its holdings in shares of AerCap by 1,037.6% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 9,954 shares of the financial services provider’s stock valued at $945,000 after buying an additional 9,079 shares during the period. Finally, Arkadios Wealth Advisors bought a new position in AerCap during the third quarter valued at about $271,000. Institutional investors and hedge funds own 96.42% of the company’s stock.
Wall Street Analyst Weigh In
Separately, The Goldman Sachs Group reiterated a “buy” rating and issued a $119.00 price target 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 given a buy rating to the company’s stock. According to data from MarketBeat, AerCap presently has a consensus rating of “Moderate Buy” and an average price target of $112.00.
AerCap Trading Down 3.9 %
Shares of NYSE AER opened at $101.67 on Monday. 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 Holdings has a 12 month low of $75.96 and a 12 month high of $107.36. The company has a market cap of $20.12 billion, a price-to-earnings ratio of 8.06, a P/E/G ratio of 2.31 and a beta of 1.81. The business has a fifty day simple moving average of $96.59 and a 200-day simple moving average of $95.76.
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.
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