Short Interest in AerCap Holdings (NYSE:AER) Expands By 6.9%

AerCap Holdings (NYSE:AER) was the recipient of a large increase in short interest during the month of January. As of January 15th, there was short interest totalling 2,470,000 shares, an increase of 6.9% from the December 31st total of 2,310,000 shares. Based on an average trading volume of 979,900 shares, the days-to-cover ratio is currently 2.5 days.

AerCap Stock Performance

AER stock traded up $0.25 during trading hours on Tuesday, hitting $95.27. 410,939 shares of the stock were exchanged, compared to its average volume of 939,356. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 2.89. AerCap has a 12 month low of $75.83 and a 12 month high of $100.81. The firm has a market capitalization of $18.86 billion, a P/E ratio of 7.55, a P/E/G ratio of 2.09 and a beta of 1.81. The company has a 50-day simple moving average of $95.93 and a two-hundred day simple moving average of $95.00.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. Townsend & Associates Inc grew its position in AerCap by 1.6% in the fourth quarter. Townsend & Associates Inc now owns 186,217 shares of the financial services provider’s stock valued at $17,789,000 after acquiring an additional 2,998 shares during the last quarter. Callan Capital LLC grew its position in AerCap by 27.9% in the fourth quarter. Callan Capital LLC now owns 3,501 shares of the financial services provider’s stock valued at $335,000 after acquiring an additional 764 shares during the last quarter. Ativo Capital Management LLC boosted its stake in shares of AerCap by 34.9% during the fourth quarter. Ativo Capital Management LLC now owns 41,500 shares of the financial services provider’s stock valued at $3,972,000 after purchasing an additional 10,740 shares in the last quarter. Citizens National Bank Trust Department acquired a new stake in shares of AerCap during the fourth quarter valued at about $1,213,000. Finally, Handelsbanken Fonder AB lifted its stake in shares of AerCap by 3.5% in the fourth quarter. Handelsbanken Fonder AB now owns 14,484 shares of the financial services provider’s stock worth $1,386,000 after acquiring an additional 493 shares during the period. Institutional investors own 96.42% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have weighed in on AER shares. Deutsche Bank Aktiengesellschaft upped their price target on AerCap from $110.00 to $115.00 and gave the stock a “buy” rating in a research report on Tuesday, October 22nd. The Goldman Sachs Group reaffirmed a “buy” rating and set a $119.00 price target on shares of AerCap in a research report on Thursday, November 21st. One research analyst has rated the stock with a hold rating and six have assigned a buy rating to the stock. According to MarketBeat.com, AerCap 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.