Campbell & CO Investment Adviser LLC acquired a new stake in AerCap Holdings (NYSE:AER) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 8,766 shares of the financial services provider’s stock, valued at approximately $221,000.
A number of other institutional investors have also recently added to or reduced their stakes in the stock. Hound Partners LLC purchased a new position in AerCap during the second quarter worth about $95,429,000. Ninety One UK Ltd increased its holdings in shares of AerCap by 420.2% during the 2nd quarter. Ninety One UK Ltd now owns 2,775,691 shares of the financial services provider’s stock worth $85,491,000 after buying an additional 2,242,106 shares during the last quarter. ARGA Investment Management LP acquired a new stake in shares of AerCap during the 2nd quarter worth approximately $51,054,000. Prudential Financial Inc. raised its position in shares of AerCap by 394.1% during the 2nd quarter. Prudential Financial Inc. now owns 740,549 shares of the financial services provider’s stock valued at $22,809,000 after buying an additional 590,660 shares during the period. Finally, Thompson Siegel & Walmsley LLC lifted its holdings in AerCap by 20.0% in the second quarter. Thompson Siegel & Walmsley LLC now owns 1,699,920 shares of the financial services provider’s stock valued at $52,358,000 after acquiring an additional 283,051 shares during the last quarter. Hedge funds and other institutional investors own 84.91% of the company’s stock.
AER has been the topic of a number of research analyst reports. ValuEngine upgraded AerCap from a “strong sell” rating to a “sell” rating in a research report on Thursday, July 2nd. Zacks Investment Research raised shares of AerCap from a “sell” rating to a “hold” rating in a research report on Monday, October 5th. Finally, Credit Suisse Group reaffirmed a “buy” rating on shares of AerCap in a research note on Monday, August 31st. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating to the company. AerCap currently has a consensus rating of “Hold” and a consensus target price of $45.80.
AER stock opened at $26.79 on Friday. The business’s fifty day moving average price is $27.39 and its 200 day moving average price is $28.53. AerCap Holdings has a 12-month low of $10.42 and a 12-month high of $64.86. The company has a current ratio of 0.75, a quick ratio of 0.75 and a debt-to-equity ratio of 3.16. The company has a market capitalization of $3.53 billion, a PE ratio of 3.19 and a beta of 2.12.
AerCap (NYSE:AER) last issued its quarterly earnings results on Wednesday, July 29th. The financial services provider reported $1.92 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.50 by $0.42. AerCap had a net margin of 22.57% and a return on equity of 11.68%. The company had revenue of $1.20 billion for the quarter, compared to analyst estimates of $1.12 billion. During the same period in the prior year, the firm earned $2.42 earnings per share. The business’s revenue for the quarter was down 6.6% compared to the same quarter last year. Research analysts predict that AerCap Holdings will post 6.88 EPS for the current fiscal year.
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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