AerCap Holdings (NYSE:AER) Shares Sold by Neuberger Berman Group LLC

Neuberger Berman Group LLC decreased its position in AerCap Holdings (NYSE:AERGet Rating) by 20.9% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,250,277 shares of the financial services provider’s stock after selling 595,024 shares during the quarter. Neuberger Berman Group LLC owned about 0.92% of AerCap worth $113,221,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Sumitomo Mitsui Trust Holdings Inc. acquired a new stake in shares of AerCap in the first quarter valued at $17,545,000. Centiva Capital LP purchased a new stake in shares of AerCap during the fourth quarter valued at $750,000. Vestmark Advisory Solutions Inc. lifted its holdings in shares of AerCap by 43.6% during the first quarter. Vestmark Advisory Solutions Inc. now owns 6,721 shares of the financial services provider’s stock valued at $338,000 after purchasing an additional 2,041 shares during the last quarter. Daiwa Securities Group Inc. lifted its holdings in shares of AerCap by 213.2% during the first quarter. Daiwa Securities Group Inc. now owns 81,451 shares of the financial services provider’s stock valued at $4,095,000 after purchasing an additional 55,448 shares during the last quarter. Finally, 180 Wealth Advisors LLC purchased a new stake in shares of AerCap during the first quarter valued at $222,000. Institutional investors and hedge funds own 98.30% of the company’s stock.

AerCap Stock Performance

Shares of AER stock opened at $44.24 on Friday. The company has a debt-to-equity ratio of 3.17, a current ratio of 0.32 and a quick ratio of 0.32. AerCap Holdings has a fifty-two week low of $37.20 and a fifty-two week high of $71.38. The stock’s 50-day moving average is $45.01 and its two-hundred day moving average is $46.55. The firm has a market cap of $10.86 billion, a P/E ratio of -14.00, a PEG ratio of 0.82 and a beta of 2.06.

AerCap (NYSE:AERGet Rating) last issued its earnings results on Thursday, August 11th. The financial services provider reported $1.91 earnings per share for the quarter, topping the consensus estimate of $1.45 by $0.46. AerCap had a positive return on equity of 12.31% and a negative net margin of 17.91%. The company had revenue of $1.57 billion for the quarter, compared to analyst estimates of $1.65 billion. During the same period in the prior year, the firm posted $2.39 EPS. The business’s revenue was up 27.0% compared to the same quarter last year. Analysts predict that AerCap Holdings will post 7.01 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the company. Barclays reduced their target price on AerCap from $72.00 to $58.00 and set an “overweight” rating for the company in a report on Wednesday, July 13th. HSBC reduced their target price on AerCap from $69.50 to $65.00 and set a “buy” rating for the company in a report on Wednesday, May 25th. Credit Suisse Group upped their target price on AerCap from $70.00 to $74.00 and gave the company an “outperform” rating in a report on Friday, August 12th. Finally, StockNews.com raised AerCap from a “sell” rating to a “hold” rating in a research note on Monday, July 11th. One equities research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $69.00.

AerCap Company Profile

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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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Institutional Ownership by Quarter for AerCap (NYSE:AER)

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