Greenleaf Trust Decreases Holdings in AerCap Holdings (NYSE:AER)

Greenleaf Trust trimmed its stake in shares of AerCap Holdings (NYSE:AER) by 2.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 9,288 shares of the financial services provider’s stock after selling 186 shares during the period. Greenleaf Trust’s holdings in AerCap were worth $690,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in AER. Optiver Holding B.V. purchased a new position in AerCap during the third quarter valued at $32,000. Allworth Financial LP lifted its stake in shares of AerCap by 2,460.0% in the third quarter. Allworth Financial LP now owns 768 shares of the financial services provider’s stock worth $48,000 after buying an additional 738 shares in the last quarter. Acadian Asset Management LLC purchased a new position in shares of AerCap in the third quarter worth about $63,000. Bourgeon Capital Management LLC lifted its stake in shares of AerCap by 20,000.0% in the fourth quarter. Bourgeon Capital Management LLC now owns 1,005 shares of the financial services provider’s stock worth $75,000 after buying an additional 1,000 shares in the last quarter. Finally, Compagnie Lombard Odier SCmA purchased a new position in shares of AerCap in the third quarter worth about $103,000. 96.42% of the stock is owned by hedge funds and other institutional investors.

AerCap Price Performance

Shares of AER opened at $84.39 on Tuesday. AerCap Holdings has a 1-year low of $53.42 and a 1-year high of $88.44. The stock has a market cap of $16.70 billion, a PE ratio of 5.97, a P/E/G ratio of 2.65 and a beta of 1.85. The firm has a 50-day simple moving average of $82.49 and a two-hundred day simple moving average of $74.14. 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 (NYSE:AER) last announced its quarterly earnings data on Friday, February 23rd. The financial services provider reported $3.11 earnings per share for the quarter, beating analysts’ consensus estimates of $2.44 by $0.67. The firm had revenue of $1.90 billion during the quarter, compared to analysts’ expectations of $1.94 billion. AerCap had a net margin of 41.37% and a return on equity of 14.92%. The business’s quarterly revenue was up 3.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.66 earnings per share. As a group, analysts forecast that AerCap Holdings will post 9.88 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the stock. TD Cowen reissued a “buy” rating and issued a $85.00 price target on shares of AerCap in a research note on Tuesday, February 27th. Susquehanna raised their price target on shares of 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 shares of AerCap from $84.00 to $93.00 and gave the stock an “overweight” rating in a research report on Monday, February 26th. Finally, BMO Capital Markets cut their price objective on shares of 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, Based on data from MarketBeat, AerCap has an average rating of “Buy” and an average target price of $87.71.

AerCap Company Profile

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.