Asset Management One Co. Ltd. Sells 2,469 Shares of AerCap Holdings (NYSE:AER)

Asset Management One Co. Ltd. trimmed its position in shares of AerCap Holdings (NYSE:AER) by 3.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 70,597 shares of the financial services provider’s stock after selling 2,469 shares during the period. Asset Management One Co. Ltd.’s holdings in AerCap were worth $6,741,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. B. Riley Wealth Advisors Inc. raised its position in shares of AerCap by 59.3% during 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 purchasing an additional 6,654 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd increased its holdings in AerCap by 2.4% in the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 19,077 shares of the financial services provider’s stock valued at $1,807,000 after acquiring an additional 451 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. increased its holdings in AerCap by 66.8% in the 3rd 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 acquiring an additional 112,084 shares during the last quarter. KBC Group NV increased its holdings in AerCap by 18.7% in the 3rd quarter. KBC Group NV now owns 350,888 shares of the financial services provider’s stock valued at $33,236,000 after acquiring an additional 55,213 shares during the last quarter. Finally, Summit Global Investments bought a new stake in AerCap in the 3rd quarter valued at $667,000. 96.42% of the stock is currently owned by institutional investors.

AerCap Price Performance

AER stock opened at $102.98 on Wednesday. AerCap Holdings has a 12 month low of $75.96 and a 12 month high of $104.10. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 2.89. The company has a 50-day moving average price of $95.94 and a 200 day moving average price of $95.31. The stock has a market cap of $20.38 billion, a PE ratio of 8.16, a P/E/G ratio of 2.13 and a beta of 1.81.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the stock. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of AerCap from $110.00 to $115.00 and gave the stock a “buy” rating in a research note on Tuesday, October 22nd. The Goldman Sachs Group reissued a “buy” rating and issued a $119.00 price objective on shares of AerCap in a research note on Thursday, November 21st. One research analyst has rated the stock with a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $112.00.

AerCap Company Profile

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.