Bbva Compass Bancshares Inc. raised its position in AerCap Holdings NV (NYSE:AER) by 608.9% during the second quarter, Holdings Channel reports. The fund owned 42,731 shares of the company’s stock after buying an additional 36,703 shares during the period. Bbva Compass Bancshares Inc.’s holdings in AerCap Holdings NV were worth $1,435,000 at the end of the most recent reporting period.
Several other institutional investors have also bought and sold shares of AER. LS Investment Advisors LLC raised its position in shares of AerCap Holdings NV by 17.9% in the second quarter. LS Investment Advisors LLC now owns 4,184 shares of the company’s stock worth $141,000 after buying an additional 634 shares during the last quarter. Huntington National Bank raised its position in shares of AerCap Holdings NV by 255.5% in the second quarter. Huntington National Bank now owns 5,180 shares of the company’s stock worth $174,000 after buying an additional 3,723 shares during the last quarter. Commonwealth Equity Services Inc purchased a new position in shares of AerCap Holdings NV during the first quarter worth $302,000. Hartford Investment Management Co. purchased a new position in shares of AerCap Holdings NV during the second quarter worth $298,000. Finally, Genesee Valley Trust Co. raised its position in shares of AerCap Holdings NV by 2.3% in the second quarter. Genesee Valley Trust Co. now owns 8,994 shares of the company’s stock worth $302,000 after buying an additional 199 shares during the last quarter. Hedge funds and other institutional investors own 88.76% of the company’s stock.
Shares of AerCap Holdings NV (NYSE:AER) traded up 1.94% during midday trading on Tuesday, hitting $39.92. The stock had a trading volume of 474,516 shares. AerCap Holdings NV has a 12 month low of $24.61 and a 12 month high of $46.32. The stock has a market cap of $7.37 billion, a PE ratio of 7.73 and a beta of 1.70. The stock’s 50-day moving average is $39.24 and its 200-day moving average is $38.18.
AerCap Holdings NV (NYSE:AER) last issued its quarterly earnings data on Tuesday, August 9th. The company reported $1.53 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.48 by $0.05. The firm had revenue of $1.24 billion for the quarter, compared to analyst estimates of $1.23 billion. AerCap Holdings NV had a return on equity of 14.40% and a net margin of 19.44%. The business’s quarterly revenue was down 7.3% compared to the same quarter last year. During the same period last year, the company earned $1.73 EPS. Equities analysts anticipate that AerCap Holdings NV will post $5.85 EPS for the current year.
A number of brokerages have recently weighed in on AER. FBR & Co reaffirmed a “hold” rating and set a $40.00 target price on shares of AerCap Holdings NV in a research report on Monday, September 19th. Royal Bank Of Canada upped their target price on AerCap Holdings NV from $72.00 to $74.00 and gave the stock an “outperform” rating in a research report on Thursday, August 11th. Zacks Investment Research lowered AerCap Holdings NV from a “buy” rating to a “hold” rating in a research report on Wednesday, August 10th. RBC Capital Markets reaffirmed an “outperform” rating and set a $74.00 target price (up from $72.00) on shares of AerCap Holdings NV in a research report on Friday, August 12th. Finally, DA Davidson reaffirmed a “buy” rating on shares of AerCap Holdings NV in a research report on Monday, August 15th. Three analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. AerCap Holdings NV has a consensus rating of “Buy” and a consensus target price of $53.72.
AerCap Holdings NV Company Profile
AerCap Holdings N.V. is an independent aircraft leasing company. The Company focuses on acquiring in-demand aircraft, funding them, hedging interest rate risk and using its platform to deploy these assets. The Company operates its business on a global basis, leasing aircraft to customers in various geographical region.
Want to see what other hedge funds are holding AER? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for AerCap Holdings NV (NYSE:AER).
Receive News & Ratings for AerCap Holdings NV Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AerCap Holdings NV and related companies with MarketBeat.com's FREE daily email newsletter.