Daiwa Securities Group Inc. Boosts Stake in AerCap Holdings (NYSE:AER)

Daiwa Securities Group Inc. lifted its position in AerCap Holdings (NYSE:AER) by 6.8% in the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 75,360 shares of the financial services provider’s stock after acquiring an additional 4,801 shares during the period. Daiwa Securities Group Inc.’s holdings in AerCap were worth $5,600,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in AER. Quarry LP bought a new position in AerCap in the first quarter worth $25,000. Optiver Holding B.V. purchased a new stake in shares of AerCap in the 3rd quarter worth about $32,000. Tower Research Capital LLC TRC bought a new position in shares of AerCap in the 3rd quarter worth about $41,000. Allworth Financial LP lifted its position in AerCap by 2,460.0% during the 3rd quarter. Allworth Financial LP now owns 768 shares of the financial services provider’s stock valued at $48,000 after acquiring an additional 738 shares during the period. Finally, Acadian Asset Management LLC purchased a new position in shares of AerCap during the third quarter valued at approximately $63,000. Hedge funds and other institutional investors own 96.42% of the company’s stock.

Analyst Ratings Changes

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

AerCap Trading Down 0.6 %

Shares of NYSE:AER opened at $83.21 on Friday. The stock’s 50-day simple moving average is $82.35 and its two-hundred day simple moving average is $73.75. The stock has a market capitalization of $16.47 billion, a price-to-earnings ratio of 5.88, a PEG ratio of 2.66 and a beta of 1.85. AerCap Holdings has a 52-week low of $53.42 and a 52-week high of $88.44. The company has a debt-to-equity ratio of 2.80, a quick ratio of 0.33 and a current ratio of 0.33.

AerCap (NYSE:AER) last issued its quarterly earnings data on Friday, February 23rd. The financial services provider reported $3.11 earnings per share for the quarter, topping the consensus estimate of $2.44 by $0.67. The firm had revenue of $1.90 billion for the quarter, compared to analysts’ expectations of $1.94 billion. AerCap had a net margin of 41.37% and a return on equity of 14.92%. The business’s quarterly revenue was up 3.8% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.66 EPS. Analysts expect 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.