Greenleaf Trust trimmed its stake in shares of AerCap Holdings (NYSE:AER) by 12.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 13,405 shares of the financial services provider’s stock after selling 1,921 shares during the period. Greenleaf Trust’s holdings in AerCap were worth $531,000 as of its most recent SEC filing.
A number of other institutional investors have also added to or reduced their stakes in the stock. Lyrical Asset Management LP grew its position in AerCap by 4.3% in the third quarter. Lyrical Asset Management LP now owns 5,735,389 shares of the financial services provider’s stock valued at $329,900,000 after purchasing an additional 238,588 shares in the last quarter. FMR LLC grew its position in AerCap by 4.8% in the second quarter. FMR LLC now owns 3,080,762 shares of the financial services provider’s stock valued at $166,823,000 after purchasing an additional 141,758 shares in the last quarter. Oregon Public Employees Retirement Fund grew its position in AerCap by 4,360.0% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 2,332,202 shares of the financial services provider’s stock valued at $59,000 after purchasing an additional 2,279,910 shares in the last quarter. Bank of Montreal Can grew its position in AerCap by 11.7% in the fourth quarter. Bank of Montreal Can now owns 1,445,530 shares of the financial services provider’s stock valued at $57,243,000 after purchasing an additional 151,731 shares in the last quarter. Finally, JPMorgan Chase & Co. grew its position in AerCap by 225.7% in the third quarter. JPMorgan Chase & Co. now owns 1,297,886 shares of the financial services provider’s stock valued at $74,655,000 after purchasing an additional 899,363 shares in the last quarter. 87.37% of the stock is owned by institutional investors and hedge funds.
AER has been the subject of a number of analyst reports. Zacks Investment Research raised shares of AerCap from a “hold” rating to a “buy” rating and set a $52.00 target price for the company in a research report on Monday, January 14th. Barclays set a $64.00 target price on shares of AerCap and gave the company a “buy” rating in a research report on Friday, December 14th. Finally, Morgan Stanley decreased their target price on shares of AerCap from $54.00 to $49.00 and set an “underweight” rating for the company in a research report on Wednesday, November 14th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and four have given a buy rating to the stock. AerCap presently has a consensus rating of “Hold” and a consensus target price of $60.00.
AerCap (NYSE:AER) last announced its quarterly earnings data on Thursday, February 14th. The financial services provider reported $1.62 EPS for the quarter, missing analysts’ consensus estimates of $1.67 by ($0.05). AerCap had a net margin of 21.16% and a return on equity of 11.59%. The firm had revenue of $1.22 billion during the quarter, compared to the consensus estimate of $1.23 billion. During the same period last year, the business earned $1.67 EPS. The business’s revenue was down 3.4% on a year-over-year basis. On average, research analysts anticipate that AerCap Holdings will post 6.61 earnings per share for the current year.
AerCap Holdings N.V., an aircraft leasing company, engages in the lease, financing, sale, and management of commercial aircraft and engines in Mainland China, Hong Kong, Macau, the United States, Ireland, and internationally. The company provides aircraft asset management services, including remarketing aircraft; collecting rental and maintenance rent payments, monitoring aircraft maintenance, monitoring and enforcing contract compliance, and accepting delivery and redelivery of aircraft; and conducting ongoing lessee financial performance reviews.
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