AerCap Sees Unusually High Options Volume (NYSE:AER)

AerCap Holdings (NYSE:AER) was the recipient of unusually large options trading activity on Thursday. Traders acquired 3,717 call options on the stock. This represents an increase of 1,232% compared to the typical daily volume of 279 call options.

NYSE AER traded up $0.53 on Friday, hitting $62.98. 59,711 shares of the stock were exchanged, compared to its average volume of 705,293. AerCap has a 52-week low of $40.16 and a 52-week high of $64.86. The company has a debt-to-equity ratio of 3.17, a current ratio of 0.31 and a quick ratio of 0.31. The company has a market capitalization of $8.12 billion, a price-to-earnings ratio of 8.15, a P/E/G ratio of 1.58 and a beta of 1.84. The company’s 50-day moving average price is $60.30 and its two-hundred day moving average price is $57.45.

AerCap (NYSE:AER) last posted its quarterly earnings data on Thursday, February 13th. The financial services provider reported $2.34 earnings per share for the quarter, topping the consensus estimate of $1.89 by $0.45. AerCap had a net margin of 21.81% and a return on equity of 11.82%. The firm had revenue of $1.26 billion for the quarter, compared to analysts’ expectations of $1.21 billion. During the same period in the previous year, the company posted $1.62 EPS. The company’s quarterly revenue was up 3.1% compared to the same quarter last year. Equities analysts predict that AerCap will post 8.07 EPS for the current fiscal year.

AER has been the topic of several research analyst reports. Barclays lifted their price objective on shares of AerCap from $64.00 to $73.00 and gave the stock an “overweight” rating in a research report on Tuesday, November 12th. Credit Suisse Group lifted their price objective on shares of AerCap from $67.00 to $70.00 and gave the stock an “outperform” rating in a research report on Tuesday, November 12th. ValuEngine cut shares of AerCap from a “sell” rating to a “strong sell” rating in a research report on Friday, January 3rd. Finally, Zacks Investment Research cut shares of AerCap from a “hold” rating to a “sell” rating in a research report on Tuesday. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and four have given a buy rating to the stock. AerCap has a consensus rating of “Hold” and a consensus target price of $66.71.

Institutional investors have recently bought and sold shares of the company. Timber Creek Capital Management LLC grew its holdings in shares of AerCap by 0.5% during the 3rd quarter. Timber Creek Capital Management LLC now owns 67,240 shares of the financial services provider’s stock valued at $3,681,000 after acquiring an additional 320 shares in the last quarter. Man Group plc grew its holdings in shares of AerCap by 30.3% during the 3rd quarter. Man Group plc now owns 882,251 shares of the financial services provider’s stock valued at $48,303,000 after acquiring an additional 205,396 shares in the last quarter. California Public Employees Retirement System grew its holdings in shares of AerCap by 12.7% during the 3rd quarter. California Public Employees Retirement System now owns 333,023 shares of the financial services provider’s stock valued at $18,233,000 after acquiring an additional 37,483 shares in the last quarter. Parametric Portfolio Associates LLC grew its holdings in shares of AerCap by 4.4% during the 3rd quarter. Parametric Portfolio Associates LLC now owns 924,398 shares of the financial services provider’s stock valued at $50,611,000 after acquiring an additional 38,708 shares in the last quarter. Finally, TimesSquare Capital Management LLC grew its holdings in shares of AerCap by 31.1% during the 3rd quarter. TimesSquare Capital Management LLC now owns 1,381,575 shares of the financial services provider’s stock valued at $75,641,000 after acquiring an additional 327,800 shares in the last quarter. Institutional investors and hedge funds own 88.89% of the company’s stock.

About AerCap

AerCap Holdings N.V., an aircraft leasing company, engages in the lease, financing, sale, and management of commercial aircraft and engines in China, the United States, Ireland, and internationally. The company offers 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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