J. Safra Sarasin Holding AG Has $1.27 Million Stake in Aercap Holdings N.V. $AER

J. Safra Sarasin Holding AG cut its holdings in shares of Aercap Holdings N.V. (NYSE:AER) by 47.6% during the third quarter, Holdings Channel reports. The fund owned 10,484 shares of the financial services provider’s stock after selling 9,514 shares during the period. J. Safra Sarasin Holding AG’s holdings in Aercap were worth $1,269,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of AER. Kathmere Capital Management LLC boosted its stake in Aercap by 3.9% in the third quarter. Kathmere Capital Management LLC now owns 2,246 shares of the financial services provider’s stock worth $272,000 after purchasing an additional 85 shares in the last quarter. Geneos Wealth Management Inc. raised its holdings in shares of Aercap by 26.6% in the first quarter. Geneos Wealth Management Inc. now owns 447 shares of the financial services provider’s stock valued at $46,000 after buying an additional 94 shares during the last quarter. Lido Advisors LLC raised its holdings in shares of Aercap by 3.9% in the second quarter. Lido Advisors LLC now owns 2,626 shares of the financial services provider’s stock valued at $307,000 after buying an additional 99 shares during the last quarter. Citizens National Bank Trust Department grew its holdings in Aercap by 0.8% during the 2nd quarter. Citizens National Bank Trust Department now owns 13,965 shares of the financial services provider’s stock worth $1,634,000 after acquiring an additional 104 shares during the last quarter. Finally, Snowden Capital Advisors LLC increased its position in Aercap by 3.0% in the 2nd quarter. Snowden Capital Advisors LLC now owns 3,622 shares of the financial services provider’s stock valued at $424,000 after acquiring an additional 105 shares in the last quarter. Institutional investors own 96.42% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the stock. Susquehanna upped their target price on shares of Aercap from $134.00 to $157.00 and gave the stock a “positive” rating in a research report on Tuesday, November 11th. Zacks Research cut shares of Aercap from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, December 30th. Truist Financial initiated coverage on Aercap in a research note on Tuesday, December 9th. They issued a “buy” rating and a $159.00 target price for the company. Weiss Ratings reaffirmed a “buy (b+)” rating on shares of Aercap in a research note on Wednesday, January 21st. Finally, Barclays raised their price target on Aercap from $144.00 to $162.00 and gave the company an “overweight” rating in a report on Tuesday, January 6th. Seven analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Aercap currently has an average rating of “Moderate Buy” and a consensus price target of $148.86.

Aercap Trading Down 0.9%

NYSE AER opened at $142.55 on Thursday. Aercap Holdings N.V. has a 12 month low of $85.57 and a 12 month high of $149.24. The stock has a 50-day simple moving average of $141.32 and a 200 day simple moving average of $128.07. 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 company has a market capitalization of $26.63 billion, a PE ratio of 6.75, a P/E/G ratio of 0.74 and a beta of 1.08.

Aercap (NYSE:AER) last announced its quarterly earnings results on Wednesday, October 29th. The financial services provider reported $4.97 EPS for the quarter, beating analysts’ consensus estimates of $3.16 by $1.81. The company had revenue of $2.31 billion during the quarter, compared to analysts’ expectations of $2 billion. Aercap had a return on equity of 15.16% and a net margin of 45.41%.Aercap’s revenue was up 18.5% on a year-over-year basis. During the same period in the prior year, the business posted $2.41 EPS. Research analysts forecast that Aercap Holdings N.V. will post 11.29 EPS for the current year.

Aercap 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.