AerCap Holdings (NYSE:AER) Holdings Raised by Desjardins Global Asset Management Inc.

Desjardins Global Asset Management Inc. boosted its holdings in shares of AerCap Holdings (NYSE:AER - Free Report) by 281.4% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 25,957 shares of the financial services provider's stock after acquiring an additional 19,152 shares during the period. Desjardins Global Asset Management Inc.'s holdings in AerCap were worth $1,929,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. Nomura Asset Management Co. Ltd. lifted its position 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 worth $2,924,000 after buying an additional 3,200 shares in the last quarter. Vanguard Group Inc. lifted its position in AerCap by 12.7% during the 3rd quarter. Vanguard Group Inc. now owns 410,518 shares of the financial services provider's stock worth $25,727,000 after buying an additional 46,404 shares in the last quarter. Nordea Investment Management AB lifted its position in AerCap by 13.2% during the 4th quarter. Nordea Investment Management AB now owns 16,882 shares of the financial services provider's stock worth $1,257,000 after buying an additional 1,966 shares in the last quarter. Pearl River Capital LLC bought a new stake in AerCap during the 3rd quarter worth about $498,000. Finally, Glenmede Trust Co. NA lifted its position in AerCap by 96.5% during the 3rd quarter. Glenmede Trust Co. NA now owns 40,578 shares of the financial services provider's stock worth $2,543,000 after buying an additional 19,926 shares in the last quarter. Institutional investors and hedge funds own 96.42% of the company's stock.

AerCap Trading Up 1.2 %

NYSE AER traded up $1.03 during trading on Wednesday, hitting $83.57. 1,757,111 shares of the company's stock traded hands, compared to its average volume of 1,577,902. The stock has a fifty day moving average of $81.99 and a two-hundred day moving average of $73.44. The company has a debt-to-equity ratio of 2.80, a current ratio of 0.33 and a quick ratio of 0.33. AerCap Holdings has a 12-month low of $53.42 and a 12-month high of $88.44. The firm has a market cap of $16.54 billion, a P/E ratio of 5.84, a PEG ratio of 2.63 and a beta of 1.85.

AerCap (NYSE:AER - Get Free Report) last posted its earnings results 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 net margin of 41.37% and a return on equity of 14.92%. The company had revenue of $1.90 billion during the quarter, compared to analyst estimates of $1.94 billion. During the same period in the prior year, the business posted $2.66 earnings per share. AerCap's revenue for the quarter was up 3.8% on a year-over-year basis. As a group, sell-side analysts expect that AerCap Holdings will post 9.88 EPS for the current year.

Analyst Upgrades and Downgrades

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