Savant Capital LLC Invests $213,000 in AerCap Holdings (NYSE:AER)

Savant Capital LLC purchased a new stake in AerCap Holdings (NYSE:AER) in the fourth quarter, HoldingsChannel reports. The fund purchased 2,870 shares of the financial services provider’s stock, valued at approximately $213,000.

A number of other institutional investors have also recently made changes to their positions in AER. Optiver Holding B.V. purchased a new stake in AerCap during the third quarter valued at approximately $32,000. Allworth Financial LP increased its position in shares of AerCap by 2,460.0% during the 3rd quarter. Allworth Financial LP now owns 768 shares of the financial services provider’s stock valued at $48,000 after purchasing an additional 738 shares during the last quarter. Bourgeon Capital Management LLC increased its position in shares of AerCap by 20,000.0% during the 4th quarter. Bourgeon Capital Management LLC now owns 1,005 shares of the financial services provider’s stock valued at $75,000 after purchasing an additional 1,000 shares during the last quarter. Acadian Asset Management LLC purchased a new stake in AerCap during the 3rd quarter valued at $63,000. Finally, FNY Investment Advisers LLC bought a new stake in AerCap in the fourth quarter worth $170,000. Institutional investors own 96.42% of the company’s stock.

Analyst Upgrades and Downgrades

AER has been the topic of a number of analyst reports. Susquehanna boosted their price objective on shares of AerCap from $90.00 to $100.00 and gave the company a “positive” rating in a research report on Thursday, May 2nd. BMO Capital Markets cut their price target on shares of 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 objective on shares of AerCap from $93.00 to $94.00 and gave the stock an “overweight” rating in a research note on Thursday, May 2nd. Finally, TD Cowen upped their target price on AerCap from $95.00 to $100.00 and gave the company a “buy” rating in a research note on Thursday, May 2nd. Eight equities research analysts have rated the stock with a buy rating, According to data from MarketBeat, the company presently has an average rating of “Buy” and an average target price of $91.43.

AerCap Price Performance

AerCap stock opened at $87.44 on Wednesday. The company has a debt-to-equity ratio of 2.70, a current ratio of 0.26 and a quick ratio of 0.26. The stock has a market cap of $17.31 billion, a price-to-earnings ratio of 5.69, a price-to-earnings-growth ratio of 2.99 and a beta of 1.84. The firm has a 50-day moving average of $84.39 and a two-hundred day moving average of $76.18. AerCap Holdings has a 1 year low of $54.28 and a 1 year high of $88.89.

AerCap (NYSE:AER) last posted its quarterly earnings results on Wednesday, May 1st. The financial services provider reported $3.29 earnings per share for the quarter, beating the consensus estimate of $2.31 by $0.98. AerCap had a net margin of 42.78% and a return on equity of 15.29%. The firm had revenue of $2.02 billion during the quarter, compared to the consensus estimate of $1.95 billion. During the same quarter in the previous year, the firm posted $2.34 earnings per share. The company’s revenue was up 8.1% on a year-over-year basis. On average, research analysts forecast that AerCap Holdings will post 9.2 earnings per share for the current year.

AerCap Profile

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.