Natixis Advisors L.P. Purchases 5,789 Shares of AerCap Holdings (NYSE:AER)

Natixis Advisors L.P. raised its position in shares of AerCap Holdings (NYSE:AER) by 9.5% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 66,589 shares of the financial services provider’s stock after purchasing an additional 5,789 shares during the period. Natixis Advisors L.P.’s holdings in AerCap were worth $3,744,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of AER. JPMorgan Chase & Co. raised its position in AerCap by 105.4% during the 1st quarter. JPMorgan Chase & Co. now owns 274,411 shares of the financial services provider’s stock valued at $13,797,000 after purchasing an additional 140,800 shares in the last quarter. Bank of Montreal Can raised its position in AerCap by 589.5% during the 1st quarter. Bank of Montreal Can now owns 41,378 shares of the financial services provider’s stock valued at $2,129,000 after purchasing an additional 35,377 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS bought a new position in shares of AerCap in the 1st quarter worth $745,000. BlackRock Inc. raised its position in shares of AerCap by 90.7% in the 1st quarter. BlackRock Inc. now owns 5,767,535 shares of the financial services provider’s stock worth $289,992,000 after acquiring an additional 2,743,035 shares in the last quarter. Finally, APG Asset Management N.V. bought a new position in shares of AerCap in the 1st quarter worth $203,000. 92.00% of the stock is owned by institutional investors.

AerCap Stock Up 2.1 %

Shares of AER stock opened at $61.52 on Friday. AerCap Holdings has a 1-year low of $39.73 and a 1-year high of $69.50. The stock’s fifty day moving average price is $63.15 and its 200 day moving average price is $59.43. The company has a debt-to-equity ratio of 2.82, a current ratio of 0.28 and a quick ratio of 0.28. The company has a market cap of $14.61 billion, a price-to-earnings ratio of 7.92, a price-to-earnings-growth ratio of 1.25 and a beta of 1.99.

AerCap (NYSE:AER) last announced its earnings results on Monday, July 31st. The financial services provider reported $2.56 earnings per share for the quarter, topping the consensus estimate of $2.12 by $0.44. AerCap had a return on equity of 14.57% and a net margin of 25.33%. The firm had revenue of $1.72 billion for the quarter, compared to the consensus estimate of $1.83 billion. During the same period in the previous year, the business earned $1.91 EPS. The firm’s revenue for the quarter was up 9.8% on a year-over-year basis. On average, research analysts expect that AerCap Holdings will post 9.66 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts have recently commented on AER shares. JPMorgan Chase & Co. boosted their price target on AerCap from $74.00 to $77.00 in a research report on Thursday, June 8th. TD Cowen boosted their price target on AerCap from $80.00 to $90.00 and gave the stock an “outperform” rating in a research report on Tuesday, August 1st. The Goldman Sachs Group boosted their price target on AerCap from $75.00 to $86.00 and gave the stock a “buy” rating in a research report on Tuesday, August 1st. Susquehanna boosted their price target on AerCap from $70.00 to $80.00 and gave the stock a “positive” rating in a research report on Tuesday, August 1st. Finally, StockNews.com assumed coverage on AerCap in a research report on Thursday, August 17th. They issued a “buy” rating for the company. Six research analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price 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.