AerCap Holdings (NYSE:AER) Position Lowered by Wilmington Savings Fund Society FSB

Wilmington Savings Fund Society FSB reduced its position in AerCap Holdings (NYSE:AER) by 7.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 22,093 shares of the financial services provider’s stock after selling 1,778 shares during the quarter. Wilmington Savings Fund Society FSB’s holdings in AerCap were worth $2,114,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. B. Riley Wealth Advisors Inc. increased 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 valued at $1,686,000 after acquiring an additional 6,654 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd boosted its holdings 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 worth $1,807,000 after purchasing an additional 451 shares during the period. Connor Clark & Lunn Investment Management Ltd. increased its stake in 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 purchasing an additional 112,084 shares during the last quarter. KBC Group NV raised its holdings 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 purchasing an additional 55,213 shares during the period. Finally, Summit Global Investments acquired a new position in shares of AerCap in the 3rd quarter valued at about $667,000. Institutional investors and hedge funds own 96.42% of the company’s stock.

AerCap Stock Up 0.4 %

Shares of AerCap stock opened at $97.76 on Monday. The company has a debt-to-equity ratio of 2.89, a current ratio of 0.67 and a quick ratio of 0.67. AerCap Holdings has a 1-year low of $75.83 and a 1-year high of $100.81. The business’s fifty day moving average price is $95.70 and its two-hundred day moving average price is $95.07. The company has a market capitalization of $19.35 billion, a P/E ratio of 7.75, a PEG ratio of 2.13 and a beta of 1.81.

Analyst Upgrades and Downgrades

AER has been the topic of several research reports. The Goldman Sachs Group reiterated a “buy” rating and set a $119.00 price objective on shares of AerCap in a research note on Thursday, November 21st. Deutsche Bank Aktiengesellschaft increased their target price on AerCap from $110.00 to $115.00 and gave the stock a “buy” rating in a research report on Tuesday, October 22nd. One investment analyst has rated the stock with a hold rating and six have issued a buy rating to the company’s stock. According to MarketBeat.com, AerCap currently has a consensus rating of “Moderate Buy” and a consensus target price of $112.00.

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.