Vanguard Group Inc. Has $25.73 Million Stock Holdings in AerCap Holdings (NYSE:AER)

Vanguard Group Inc. boosted its holdings in shares of AerCap Holdings (NYSE:AER - Free Report) by 12.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 410,518 shares of the financial services provider's stock after purchasing an additional 46,404 shares during the quarter. Vanguard Group Inc. owned about 0.20% of AerCap worth $25,727,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Nomura Asset Management Co. Ltd. boosted its stake in AerCap by 7.4% during the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 46,663 shares of the financial services provider's stock valued at $2,924,000 after purchasing an additional 3,200 shares during the period. Pearl River Capital LLC bought a new stake in shares of AerCap in the 3rd quarter worth approximately $498,000. Glenmede Trust Co. NA lifted its position in shares of AerCap by 96.5% in the 3rd quarter. Glenmede Trust Co. NA now owns 40,578 shares of the financial services provider's stock worth $2,543,000 after acquiring an additional 19,926 shares during the period. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. lifted its position in shares of AerCap by 12.8% in the 3rd quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 72,828 shares of the financial services provider's stock worth $4,564,000 after acquiring an additional 8,247 shares during the period. Finally, California State Teachers Retirement System lifted its position in shares of AerCap by 9.5% in the 3rd quarter. California State Teachers Retirement System now owns 170,222 shares of the financial services provider's stock worth $10,668,000 after acquiring an additional 14,702 shares during the period. Institutional investors own 96.42% of the company's stock.

AerCap Price Performance

Shares of AER traded down $1.04 during mid-day trading on Friday, reaching $83.02. The company had a trading volume of 1,525,117 shares, compared to its average volume of 1,474,922. AerCap Holdings has a twelve month low of $53.42 and a twelve month high of $88.44. The company has a debt-to-equity ratio of 2.80, a current ratio of 0.33 and a quick ratio of 0.33. The company's 50-day moving average is $81.80 and its 200-day moving average is $73.09. The company has a market capitalization of $16.43 billion, a P/E ratio of 5.87, a P/E/G ratio of 2.68 and a beta of 1.85.

AerCap (NYSE:AER - Get Free Report) last issued its earnings results on Friday, February 23rd. The financial services provider reported $3.11 earnings per share (EPS) 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 business had revenue of $1.90 billion during the quarter, compared to analysts' expectations of $1.94 billion. During the same period in the prior year, the firm posted $2.66 EPS. AerCap's quarterly revenue was up 3.8% compared to the same quarter last year. On average, equities analysts anticipate that AerCap Holdings will post 9.88 EPS for the current year.

Wall Street Analysts Forecast Growth

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