Ninety One UK Ltd Grows Position in AerCap Holdings (NYSE:AER)

Ninety One UK Ltd increased its holdings in shares of AerCap Holdings (NYSE:AER - Free Report) by 93.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,425,602 shares of the financial services provider's stock after purchasing an additional 1,168,628 shares during the period. Ninety One UK Ltd owned approximately 1.15% of AerCap worth $180,271,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. DGS Capital Management LLC grew its stake in AerCap by 2.2% in the fourth quarter. DGS Capital Management LLC now owns 7,236 shares of the financial services provider's stock valued at $538,000 after acquiring an additional 155 shares during the period. Gotham Asset Management LLC grew its stake in AerCap by 3.3% in the third quarter. Gotham Asset Management LLC now owns 5,538 shares of the financial services provider's stock valued at $347,000 after acquiring an additional 175 shares during the period. Massmutual Trust Co. FSB ADV grew its stake in AerCap by 4.7% in the fourth quarter. Massmutual Trust Co. FSB ADV now owns 4,123 shares of the financial services provider's stock valued at $306,000 after acquiring an additional 185 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its stake in AerCap by 0.9% in the fourth quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 21,224 shares of the financial services provider's stock valued at $1,238,000 after acquiring an additional 190 shares during the period. Finally, UMB Bank n.a. grew its stake in AerCap by 4.5% in the fourth quarter. UMB Bank n.a. now owns 4,697 shares of the financial services provider's stock valued at $349,000 after acquiring an additional 203 shares during the period. Institutional investors and hedge funds own 96.42% of the company's stock.

Wall Street Analysts Forecast Growth

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

AerCap Stock Performance

AerCap stock traded up $0.15 during mid-day trading on Thursday, reaching $83.74. 1,750,657 shares of the company's stock were exchanged, compared to its average volume of 1,580,205. The business's fifty day simple moving average is $82.11 and its 200 day simple moving average is $73.51. The firm has a market capitalization of $16.57 billion, a PE ratio of 6.02, a P/E/G ratio of 2.63 and a beta of 1.85. AerCap Holdings has a one year low of $53.42 and a one year high of $88.44. The company has a quick ratio of 0.33, a current ratio of 0.33 and a debt-to-equity ratio of 2.80.

AerCap (NYSE:AER - Get Free Report) last issued its quarterly earnings results on Friday, February 23rd. The financial services provider reported $3.11 EPS for the quarter, topping analysts' consensus estimates of $2.44 by $0.67. The business had revenue of $1.90 billion for the quarter, compared to analyst estimates of $1.94 billion. AerCap had a return on equity of 14.92% and a net margin of 41.37%. AerCap's quarterly revenue was up 3.8% compared to the same quarter last year. During the same period last year, the company posted $2.66 earnings per share. On average, sell-side analysts expect that AerCap Holdings will post 9.88 earnings per share for the current year.

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.