AerCap Holdings (NYSE:AER) Stake Boosted by Todd Asset Management LLC

Todd Asset Management LLC boosted its holdings in shares of AerCap Holdings (NYSE:AER) by 1.1% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 523,978 shares of the financial services provider’s stock after acquiring an additional 5,595 shares during the quarter. AerCap accounts for about 1.2% of Todd Asset Management LLC’s investment portfolio, making the stock its 21st largest holding. Todd Asset Management LLC’s holdings in AerCap were worth $50,145,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. First Horizon Advisors Inc. lifted its holdings in shares of AerCap by 15.3% during the 3rd quarter. First Horizon Advisors Inc. now owns 814 shares of the financial services provider’s stock valued at $77,000 after buying an additional 108 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd increased its position in shares of AerCap by 0.6% during the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 19,192 shares of the financial services provider’s stock valued at $1,837,000 after purchasing an additional 115 shares during the period. Toth Financial Advisory Corp acquired a new stake in AerCap in the 4th quarter valued at $29,000. Principal Securities Inc. boosted its stake in AerCap by 3.3% in the 4th quarter. Principal Securities Inc. now owns 9,664 shares of the financial services provider’s stock valued at $925,000 after buying an additional 305 shares in the last quarter. Finally, Atria Wealth Solutions Inc. lifted its stake in shares of AerCap by 5.8% during the fourth quarter. Atria Wealth Solutions Inc. now owns 5,547 shares of the financial services provider’s stock valued at $531,000 after acquiring an additional 306 shares during the period. 96.42% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group reiterated a “buy” rating and issued a $119.00 price objective on shares of AerCap in a report on Thursday, November 21st. One research analyst has rated the stock with a hold rating and six have issued a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $112.00.

AerCap Stock Performance

AER opened at $101.47 on Tuesday. AerCap Holdings has a 12-month low of $75.96 and a 12-month high of $107.36. The stock has a market cap of $20.08 billion, a price-to-earnings ratio of 8.04, a PEG ratio of 2.22 and a beta of 1.81. The business has a 50 day moving average of $96.67 and a 200-day moving average of $95.82. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 2.89.

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.