Vanguard Personalized Indexing Management LLC Boosts Holdings in AerCap Holdings (NYSE:AER)

Vanguard Personalized Indexing Management LLC raised its holdings in shares of AerCap Holdings (NYSE:AER) by 9.4% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 5,789 shares of the financial services provider’s stock after purchasing an additional 498 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in AerCap were worth $326,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the business. WealthPLAN Partners LLC purchased a new stake in AerCap in the first quarter valued at about $30,000. Tower Research Capital LLC TRC acquired a new stake in AerCap in the 3rd quarter worth approximately $41,000. Zions Bancorporation N.A. grew its position in AerCap by 473.7% during the 4th quarter. Zions Bancorporation N.A. now owns 763 shares of the financial services provider’s stock worth $44,000 after purchasing an additional 630 shares during the last quarter. Belpointe Asset Management LLC acquired a new position in AerCap during the 4th quarter valued at approximately $45,000. Finally, Cullen Frost Bankers Inc. purchased a new position in shares of AerCap in the first quarter worth $51,000. Institutional investors and hedge funds own 92.00% of the company’s stock.

AerCap Price Performance

Shares of AerCap stock opened at $60.23 on Thursday. The firm has a market cap of $14.31 billion, a PE ratio of 7.75, a P/E/G ratio of 1.25 and a beta of 1.99. AerCap Holdings has a twelve month low of $39.73 and a twelve month high of $69.50. The company has a quick ratio of 0.28, a current ratio of 0.28 and a debt-to-equity ratio of 2.82. The business has a 50-day moving average price of $63.17 and a 200 day moving average price of $59.42.

AerCap (NYSE:AER) last posted its quarterly earnings data on Monday, July 31st. The financial services provider reported $2.56 EPS for the quarter, beating analysts’ consensus estimates of $2.12 by $0.44. The business had revenue of $1.72 billion during the quarter, compared to analysts’ expectations of $1.83 billion. AerCap had a return on equity of 14.57% and a net margin of 25.33%. During the same period in the previous year, the business earned $1.91 earnings per share. The business’s revenue was up 9.8% compared to the same quarter last year. Sell-side analysts predict that AerCap Holdings will post 9.66 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the stock. Susquehanna boosted their price objective on shares of AerCap from $70.00 to $80.00 and gave the company a “positive” rating in a report on Tuesday, August 1st. JPMorgan Chase & Co. upped their target price on AerCap from $74.00 to $77.00 in a research report on Thursday, June 8th. Citigroup initiated coverage on shares of AerCap in a research note on Monday, May 15th. They set a “buy” rating and a $71.00 price objective for the company. TD Cowen increased their price objective on shares of AerCap from $80.00 to $90.00 and gave the stock an “outperform” rating in a research note on Tuesday, August 1st. Finally, Barclays boosted their target price on shares of AerCap from $77.00 to $78.00 in a research report on Wednesday, May 3rd. Six investment analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, AerCap has an average rating of “Buy” and an average price target of $80.33.

About AerCap

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.