Beverly Hills Private Wealth LLC Purchases Shares of 3,304 AerCap Holdings (NYSE:AER)

Beverly Hills Private Wealth LLC bought a new position in shares of AerCap Holdings (NYSE:AER) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 3,304 shares of the financial services provider’s stock, valued at approximately $246,000.

Several other hedge funds and other institutional investors have also made changes to their positions in AER. JPMorgan Chase & Co. raised its position in shares of AerCap by 105.4% during the 1st quarter. JPMorgan Chase & Co. now owns 274,411 shares of the financial services provider’s stock worth $13,797,000 after acquiring an additional 140,800 shares in the last quarter. Bank of Montreal Can raised its position in shares of AerCap by 589.5% during the 1st quarter. Bank of Montreal Can now owns 41,378 shares of the financial services provider’s stock worth $2,129,000 after acquiring an additional 35,377 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS acquired a new stake in shares of AerCap during the 1st quarter worth about $745,000. BlackRock Inc. raised its position in shares of AerCap by 90.7% during the 1st quarter. BlackRock Inc. now owns 5,767,535 shares of the financial services provider’s stock worth $289,992,000 after acquiring an additional 2,743,035 shares in the last quarter. Finally, APG Asset Management N.V. acquired a new stake in shares of AerCap during the 1st quarter worth about $203,000. Institutional investors and hedge funds own 96.42% of the company’s stock.

Analyst Upgrades and Downgrades

AER has been the topic of several research analyst reports. Susquehanna raised their target price on AerCap from $80.00 to $90.00 and gave the stock a “positive” rating in a research report on Monday, February 26th. Barclays raised their price target on AerCap from $84.00 to $93.00 and gave the stock an “overweight” rating in a research note on Monday, February 26th. BMO Capital Markets dropped their price target on AerCap from $103.00 to $101.00 and set an “outperform” rating on the stock in a research note on Monday, February 26th. Finally, TD Cowen restated a “buy” rating and set a $85.00 price target on shares of AerCap in a research note on Tuesday, February 27th. Eight investment analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of $87.71.

AerCap Trading Up 0.0 %

Shares of AER stock opened at $82.54 on Wednesday. The business’s 50 day moving average is $81.99 and its two-hundred day moving average is $73.44. AerCap Holdings has a twelve month low of $53.42 and a twelve month high of $88.44. The company has a market capitalization of $16.34 billion, a P/E ratio of 5.84, a price-to-earnings-growth ratio of 2.64 and a beta of 1.85. The company has a current ratio of 0.33, a quick ratio of 0.33 and a debt-to-equity ratio of 2.80.

AerCap (NYSE:AER) last announced its earnings results on Friday, February 23rd. The financial services provider reported $3.11 earnings per share for the quarter, beating the consensus estimate of $2.44 by $0.67. AerCap had a return on equity of 14.92% and a net margin of 41.37%. The company had revenue of $1.90 billion for the quarter, compared to the consensus estimate of $1.94 billion. During the same period last year, the business posted $2.66 EPS. The company’s revenue was up 3.8% on a year-over-year basis. Equities analysts forecast that AerCap Holdings will post 9.88 EPS for the current year.

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.