National Pension Service Purchases 62,479 Shares of Aercap Holdings N.V. $AER

National Pension Service lifted its holdings in Aercap Holdings N.V. (NYSE:AER) by 11.1% during the 3rd quarter, Holdings Channel.com reports. The firm owned 625,758 shares of the financial services provider’s stock after buying an additional 62,479 shares during the period. National Pension Service’s holdings in Aercap were worth $75,717,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in AER. Mather Group LLC. bought a new position in Aercap in the third quarter worth approximately $26,000. Caitong International Asset Management Co. Ltd bought a new stake in shares of Aercap during the 2nd quarter valued at $43,000. Geneos Wealth Management Inc. increased its stake in shares of Aercap by 26.6% in the 1st quarter. Geneos Wealth Management Inc. now owns 447 shares of the financial services provider’s stock worth $46,000 after purchasing an additional 94 shares in the last quarter. Whittier Trust Co. bought a new position in Aercap in the 2nd quarter worth $53,000. Finally, Toth Financial Advisory Corp raised its holdings in Aercap by 66.7% in the 3rd quarter. Toth Financial Advisory Corp now owns 500 shares of the financial services provider’s stock worth $60,000 after purchasing an additional 200 shares during the period. Hedge funds and other institutional investors own 96.42% of the company’s stock.

Wall Street Analyst Weigh In

AER has been the subject of several recent research reports. Susquehanna boosted their price target on Aercap from $134.00 to $157.00 and gave the company a “positive” rating in a report on Tuesday, November 11th. Morgan Stanley lifted their price objective on Aercap from $120.00 to $150.00 and gave the company an “equal weight” rating in a research report on Tuesday, November 11th. Truist Financial assumed coverage on shares of Aercap in a report on Tuesday, December 9th. They issued a “buy” rating and a $159.00 target price for the company. Bank of America raised their target price on shares of Aercap from $130.00 to $150.00 and gave the stock a “buy” rating in a research note on Tuesday, November 4th. Finally, Zacks Research lowered shares of Aercap from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, December 30th. Seven investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $148.86.

Aercap Stock Down 0.7%

NYSE AER opened at $143.54 on Monday. Aercap Holdings N.V. has a 12 month low of $85.57 and a 12 month high of $149.24. The company has a current ratio of 0.30, a quick ratio of 0.30 and a debt-to-equity ratio of 2.43. The stock has a market cap of $26.81 billion, a PE ratio of 6.80, a P/E/G ratio of 0.74 and a beta of 1.05. The stock’s 50 day moving average is $141.82 and its 200 day moving average is $128.57.

Aercap Company Profile

AerCap Holdings N.V. (NYSE: AER) is a global aircraft leasing and aviation finance company that acquires, leases, sells and manages commercial aircraft and engines. Its core services include operating leases, finance leases, sale-and-leaseback transactions, aircraft trading and remarketing, and asset management for airline customers. The company also provides related commercial and technical support services designed to optimize fleet utilization and residual values over the life cycle of aircraft and engines.

Operating with a broad global footprint, AerCap serves airlines and other aviation customers across North America, Europe, Asia-Pacific, Latin America, the Middle East and Africa.