AerCap Holdings (NYSE:AER) Stock Holdings Increased by M&T Bank Corp

M&T Bank Corp boosted its position in AerCap Holdings (NYSE:AERGet Rating) by 24.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 14,474 shares of the financial services provider’s stock after buying an additional 2,835 shares during the quarter. M&T Bank Corp’s holdings in AerCap were worth $576,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. increased its holdings in AerCap by 71.0% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 848 shares of the financial services provider’s stock valued at $35,000 after buying an additional 352 shares during the last quarter. Exchange Traded Concepts LLC grew its holdings in shares of AerCap by 276.1% during the first quarter. Exchange Traded Concepts LLC now owns 1,493 shares of the financial services provider’s stock valued at $75,000 after purchasing an additional 1,096 shares during the last quarter. Banque Cantonale Vaudoise bought a new position in shares of AerCap during the second quarter valued at approximately $78,000. Ellevest Inc. grew its holdings in shares of AerCap by 1,980.0% during the second quarter. Ellevest Inc. now owns 2,184 shares of the financial services provider’s stock valued at $89,000 after purchasing an additional 2,079 shares during the last quarter. Finally, UMB Bank n.a. grew its holdings in shares of AerCap by 47.8% during the second quarter. UMB Bank n.a. now owns 2,550 shares of the financial services provider’s stock valued at $104,000 after purchasing an additional 825 shares during the last quarter. 98.30% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

AER has been the subject of several recent research reports. Barclays upped their target price on AerCap from $58.00 to $66.00 and gave the company an “overweight” rating in a report on Friday, November 4th. StockNews.com initiated coverage on AerCap in a report on Wednesday, October 12th. They set a “hold” rating for the company. Finally, 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. One analyst has rated the stock with a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $69.00.

AerCap Stock Performance

Shares of NYSE AER opened at $58.97 on Friday. The company has a market cap of $14.47 billion, a PE ratio of -12.57, a P/E/G ratio of 0.84 and a beta of 2.01. The company has a current ratio of 0.28, a quick ratio of 0.28 and a debt-to-equity ratio of 3.03. AerCap Holdings has a 12-month low of $37.20 and a 12-month high of $69.36. The stock has a 50 day simple moving average of $48.46 and a 200-day simple moving average of $45.88.

AerCap (NYSE:AERGet Rating) last released its earnings results on Thursday, November 3rd. The financial services provider reported $2.21 earnings per share for the quarter, topping analysts’ consensus estimates of $1.39 by $0.82. The firm had revenue of $1.72 billion during the quarter, compared to the consensus estimate of $1.65 billion. AerCap had a positive return on equity of 11.28% and a negative net margin of 17.08%. The firm’s revenue for the quarter was up 18.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $4.04 earnings per share. On average, equities research analysts forecast that AerCap Holdings will post 8.22 EPS for the current year.

AerCap 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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