AerCap Holdings (NYSE:AER) Short Interest Update

AerCap Holdings (NYSE:AERGet Rating) was the target of a significant increase in short interest in April. As of April 15th, there was short interest totalling 4,420,000 shares, an increase of 35.2% from the March 31st total of 3,270,000 shares. Based on an average trading volume of 2,170,000 shares, the short-interest ratio is presently 2.0 days.

Hedge funds and other institutional investors have recently bought and sold shares of the company. Victory Capital Management Inc. lifted its position in shares of AerCap by 0.7% during the fourth quarter. Victory Capital Management Inc. now owns 501,465 shares of the financial services provider’s stock worth $32,806,000 after purchasing an additional 3,670 shares in the last quarter. M&T Bank Corp lifted its position in shares of AerCap by 41.1% during the fourth quarter. M&T Bank Corp now owns 10,541 shares of the financial services provider’s stock worth $690,000 after purchasing an additional 3,073 shares in the last quarter. Pekin Hardy Strauss Inc. lifted its position in shares of AerCap by 9.9% during the third quarter. Pekin Hardy Strauss Inc. now owns 197,249 shares of the financial services provider’s stock worth $11,403,000 after purchasing an additional 17,725 shares in the last quarter. SRS Capital Advisors Inc. acquired a new position in shares of AerCap during the third quarter worth $104,000. Finally, Mercer Global Advisors Inc. ADV raised its holdings in AerCap by 39.7% in the third quarter. Mercer Global Advisors Inc. ADV now owns 32,468 shares of the financial services provider’s stock valued at $1,877,000 after acquiring an additional 9,220 shares in the last quarter. 96.32% of the stock is currently owned by institutional investors and hedge funds.

AER traded down $0.18 during trading on Monday, hitting $46.53. 10,524 shares of the company’s stock were exchanged, compared to its average volume of 1,989,157. The stock has a 50 day moving average price of $52.15 and a 200 day moving average price of $59.44. AerCap has a 1 year low of $43.75 and a 1 year high of $71.38. The company has a current ratio of 0.37, a quick ratio of 0.37 and a debt-to-equity ratio of 3.02. The firm has a market cap of $11.42 billion, a P/E ratio of 6.25, a price-to-earnings-growth ratio of 0.38 and a beta of 2.26.

AerCap (NYSE:AERGet Rating) last posted its earnings results on Wednesday, March 30th. The financial services provider reported $0.44 EPS for the quarter, missing analysts’ consensus estimates of $1.88 by ($1.44). AerCap had a return on equity of 11.43% and a net margin of 19.15%. The firm had revenue of $1.38 billion for the quarter, compared to analyst estimates of $1.26 billion. During the same period in the previous year, the firm posted $1.02 earnings per share. The company’s revenue for the quarter was up 33.7% on a year-over-year basis. Analysts forecast that AerCap will post 6.55 earnings per share for the current fiscal year.

A number of brokerages have issued reports on AER. Barclays cut their target price on shares of AerCap from $78.00 to $72.00 and set an “overweight” rating for the company in a research report on Thursday, March 31st. Cowen lowered their target price on shares of AerCap from $75.00 to $70.00 in a report on Thursday, March 31st. StockNews.com downgraded shares of AerCap from a “buy” rating to a “hold” rating in a report on Wednesday, March 30th. Susquehanna Bancshares decreased their price objective on shares of AerCap from $80.00 to $75.00 in a research note on Thursday, March 31st. Finally, Stephens decreased their price objective on shares of AerCap from $88.00 to $74.00 and set an “overweight” rating for the company in a research note on Thursday, March 31st. One analyst has rated the stock with a sell rating, one has assigned a hold rating and six have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, AerCap currently has an average rating of “Buy” and a consensus price target of $73.13.

About AerCap (Get Rating)

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.

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