Triasima Portfolio Management inc. Buys Shares of 23,710 AerCap Holdings (NYSE:AER)

Triasima Portfolio Management inc. purchased a new position in shares of AerCap Holdings (NYSE:AER) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 23,710 shares of the financial services provider’s stock, valued at approximately $2,269,000.

Several other hedge funds and other institutional investors have also made changes to their positions in AER. Dimensional Fund Advisors LP purchased a new stake in AerCap during the 2nd quarter worth about $1,990,000. AQR Capital Management LLC lifted its stake in shares of AerCap by 26.6% in the 2nd quarter. AQR Capital Management LLC now owns 10,075 shares of the financial services provider’s stock valued at $939,000 after purchasing an additional 2,115 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in shares of AerCap by 32.6% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,694 shares of the financial services provider’s stock valued at $251,000 after purchasing an additional 662 shares in the last quarter. Cetera Investment Advisers lifted its stake in shares of AerCap by 2.6% in the 2nd quarter. Cetera Investment Advisers now owns 17,806 shares of the financial services provider’s stock valued at $1,660,000 after purchasing an additional 452 shares in the last quarter. Finally, Sanctuary Advisors LLC acquired a new position in shares of AerCap in the 2nd quarter valued at about $1,494,000. Institutional investors and hedge funds own 96.42% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the company. Deutsche Bank Aktiengesellschaft lifted their price objective on AerCap from $110.00 to $115.00 and gave the company a “buy” rating in a research note on Tuesday, October 22nd. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $119.00 price objective on shares of AerCap in a research note on Thursday, November 21st. One investment analyst has rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat.com, AerCap currently has an average rating of “Moderate Buy” and an average price target of $112.00.

AerCap Stock Performance

AerCap stock opened at $97.25 on Friday. The stock’s 50 day moving average price is $95.73 and its 200 day moving average price is $95.04. The firm has a market capitalization of $19.25 billion, a PE ratio of 7.71, a price-to-earnings-growth ratio of 2.09 and a beta of 1.81. The company has a debt-to-equity ratio of 2.89, a quick ratio of 0.67 and a current ratio of 0.67. AerCap Holdings has a one year low of $75.83 and a one year high of $100.81.

About AerCap

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.