Global Retirement Partners LLC Has $666,000 Stock Position in AerCap Holdings (NYSE:AER)

Global Retirement Partners LLC boosted its holdings in shares of AerCap Holdings (NYSE:AER) by 37.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 6,957 shares of the financial services provider’s stock after buying an additional 1,899 shares during the quarter. Global Retirement Partners LLC’s holdings in AerCap were worth $666,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in AER. Toth Financial Advisory Corp acquired a new position in shares of AerCap during the 4th quarter worth approximately $29,000. Truvestments Capital LLC acquired a new position in shares of AerCap in the third quarter valued at $35,000. Fortitude Family Office LLC bought a new position in shares of AerCap in the fourth quarter valued at about $38,000. Transamerica Financial Advisors Inc. acquired a new stake in shares of AerCap during the 3rd quarter worth about $64,000. Finally, Quantbot Technologies LP bought a new stake in shares of AerCap during the 3rd quarter worth about $66,000. 96.42% of the stock is owned by institutional investors and hedge funds.

AerCap Stock Performance

NYSE AER opened at $101.67 on Friday. The firm has a 50-day moving average price of $96.59 and a two-hundred day moving average price of $95.71. AerCap Holdings has a 12-month low of $75.96 and a 12-month high of $107.36. The company has a market capitalization of $20.12 billion, a P/E ratio of 8.06, a P/E/G ratio of 2.31 and a beta of 1.81. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 2.89.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group restated a “buy” rating and set a $119.00 price objective on shares of AerCap in a research report on Thursday, November 21st. One investment analyst has rated the stock with a hold rating and six have given a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target 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.