Cerity Partners LLC Makes New $3.83 Million Investment in AerCap Holdings (NYSE:AER)

Cerity Partners LLC purchased a new position in shares of AerCap Holdings (NYSE:AER) during the 4th quarter, HoldingsChannel reports. The firm purchased 51,502 shares of the financial services provider’s stock, valued at approximately $3,828,000.

Several other large investors also recently bought and sold shares of AER. International Assets Investment Management LLC purchased a new position in shares of AerCap in the 4th quarter valued at about $956,000. 180 Wealth Advisors LLC increased its holdings in shares of AerCap by 3.5% in the 4th quarter. 180 Wealth Advisors LLC now owns 10,407 shares of the financial services provider’s stock valued at $753,000 after acquiring an additional 348 shares during the last quarter. DekaBank Deutsche Girozentrale increased its holdings in shares of AerCap by 66.9% in the 4th quarter. DekaBank Deutsche Girozentrale now owns 104,464 shares of the financial services provider’s stock valued at $7,559,000 after acquiring an additional 41,879 shares during the last quarter. Asset Management One Co. Ltd. increased its holdings in shares of AerCap by 14.0% in the 4th quarter. Asset Management One Co. Ltd. now owns 73,809 shares of the financial services provider’s stock valued at $5,530,000 after acquiring an additional 9,052 shares during the last quarter. Finally, Trust Point Inc. purchased a new position in shares of AerCap in the 4th quarter valued at about $232,000. Hedge funds and other institutional investors own 96.42% of the company’s stock.

AerCap Stock Up 1.2 %

AerCap stock opened at $83.57 on Thursday. AerCap Holdings has a twelve month low of $53.42 and a twelve month high of $88.44. The stock has a 50 day moving average of $82.11 and a two-hundred day moving average of $73.51. The company has a current ratio of 0.33, a quick ratio of 0.33 and a debt-to-equity ratio of 2.80. The stock has a market capitalization of $16.54 billion, a price-to-earnings ratio of 5.91, a PEG ratio of 2.63 and a beta of 1.85.

AerCap (NYSE:AER) last posted its quarterly earnings data on Friday, February 23rd. The financial services provider reported $3.11 earnings per share for the quarter, topping analysts’ consensus estimates of $2.44 by $0.67. AerCap had a return on equity of 14.92% and a net margin of 41.37%. The company had revenue of $1.90 billion during the quarter, compared to analysts’ expectations of $1.94 billion. During the same period last year, the firm earned $2.66 EPS. The firm’s revenue for the quarter was up 3.8% on a year-over-year basis. As a group, research analysts expect that AerCap Holdings will post 9.88 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on AER shares. TD Cowen reiterated a “buy” rating and issued a $85.00 price objective on shares of AerCap in a report on Tuesday, February 27th. BMO Capital Markets dropped their price objective on AerCap from $103.00 to $101.00 and set an “outperform” rating on the stock in a report on Monday, February 26th. Barclays raised their price target on AerCap from $84.00 to $93.00 and gave the stock an “overweight” rating in a research note on Monday, February 26th. Finally, Susquehanna raised their price target on AerCap from $80.00 to $90.00 and gave the stock a “positive” rating in a research note on Monday, February 26th. Eight investment analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of $87.71.

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.