Investors Purchase High Volume of Put Options on AerCap (AER)

AerCap Holdings (NYSE:AER) was the recipient of unusually large options trading on Thursday. Investors bought 8,305 put options on the company. This represents an increase of approximately 1,564% compared to the typical volume of 499 put options.

A number of equities analysts have recently commented on the company. Citigroup lifted their target price on AerCap from $53.00 to $55.00 and gave the stock a “neutral” rating in a report on Wednesday, April 17th. Goldman Sachs Group assumed coverage on AerCap in a report on Monday, April 8th. They issued a “neutral” rating and a $58.00 target price for the company. ValuEngine upgraded AerCap from a “sell” rating to a “hold” rating in a report on Friday, March 29th. Zacks Investment Research cut AerCap from a “buy” rating to a “hold” rating in a report on Thursday, February 21st. Finally, Barclays set a $64.00 price objective on AerCap and gave the company a “buy” rating in a report on Friday, February 15th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and one has assigned a buy rating to the company’s stock. AerCap has a consensus rating of “Hold” and an average target price of $57.00.

AER traded down $0.13 during trading hours on Friday, reaching $50.21. 38,301 shares of the company’s stock traded hands, compared to its average volume of 992,084. AerCap has a 52-week low of $36.16 and a 52-week high of $58.30. The company has a quick ratio of 0.64, a current ratio of 0.64 and a debt-to-equity ratio of 3.43. The stock has a market cap of $7.61 billion, a P/E ratio of 7.35 and a beta of 1.87.



AerCap (NYSE:AER) last posted its quarterly earnings data on Wednesday, May 1st. The financial services provider reported $1.68 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.60 by $0.08. AerCap had a return on equity of 11.09% and a net margin of 20.57%. The company had revenue of $1.21 billion during the quarter, compared to analysts’ expectations of $1.20 billion. During the same quarter in the previous year, the business earned $1.72 EPS. AerCap’s revenue was down 1.1% compared to the same quarter last year. Equities analysts anticipate that AerCap will post 6.71 EPS for the current fiscal year.

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Legal & General Group Plc increased its position in AerCap by 2.6% during the 4th quarter. Legal & General Group Plc now owns 794,819 shares of the financial services provider’s stock valued at $31,475,000 after buying an additional 20,112 shares in the last quarter. Wexford Capital LP acquired a new stake in shares of AerCap in the fourth quarter valued at approximately $17,738,000. Weiss Multi Strategy Advisers LLC acquired a new stake in shares of AerCap in the fourth quarter valued at approximately $2,772,000. Hayden Royal LLC acquired a new stake in shares of AerCap in the first quarter valued at approximately $346,000. Finally, WINTON GROUP Ltd increased its holdings in shares of AerCap by 126.1% in the fourth quarter. WINTON GROUP Ltd now owns 13,890 shares of the financial services provider’s stock valued at $550,000 after purchasing an additional 7,747 shares during the last quarter. Institutional investors own 84.32% of the company’s stock.

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AerCap Company Profile

AerCap Holdings N.V., an aircraft leasing company, engages in the lease, financing, sale, and management of commercial aircraft and engines in China, the United States, Ireland, and internationally. The company offers aircraft asset management services, including remarketing aircraft; collecting rental and maintenance rent payments, monitoring aircraft maintenance, monitoring and enforcing contract compliance, and accepting delivery and redelivery of aircraft; and conducting ongoing lessee financial performance reviews.

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