AerCap Holdings NV (AER) Rating Reiterated by FBR & Co
AerCap Holdings NV (NYSE:AER)‘s stock had its “buy” rating reiterated by stock analysts at FBR & Co in a research note issued on Monday.
AER has been the topic of a number of other reports. DA Davidson reaffirmed a “buy” rating on shares of AerCap Holdings NV in a research report on Monday, August 15th. Royal Bank Of Canada upped their price target 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. TheStreet raised AerCap Holdings NV from a “hold” rating to a “buy” rating in a research report on Wednesday, November 9th. Credit Suisse Group AG reaffirmed a “buy” rating and set a $55.00 price target on shares of AerCap Holdings NV in a research report on Thursday. Finally, RBC Capital Markets reaffirmed an “outperform” rating and set a $74.00 price target (up from $72.00) on shares of AerCap Holdings NV in a research report on Friday, August 12th. Two investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. The company has a consensus rating of “Buy” and an average target price of $55.77.
AerCap Holdings NV (NYSE:AER) traded up 1.87% during trading on Monday, reaching $45.17. The company had a trading volume of 1,393,860 shares. The firm has a market capitalization of $8.06 billion, a P/E ratio of 9.24 and a beta of 1.65. The stock has a 50 day moving average price of $40.95 and a 200 day moving average price of $38.54. AerCap Holdings NV has a 52 week low of $24.61 and a 52 week high of $46.32.
AerCap Holdings NV (NYSE:AER) last issued its quarterly earnings results on Tuesday, November 8th. The company reported $1.68 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.44 by $0.24. The business had revenue of $1.23 billion for the quarter, compared to the consensus estimate of $1.20 billion. AerCap Holdings NV had a return on equity of 14.06% and a net margin of 18.48%. The business’s quarterly revenue was down 7.3% on a year-over-year basis. During the same period in the prior year, the firm posted $1.64 earnings per share. Analysts predict that AerCap Holdings NV will post $6.21 earnings per share for the current year.
A number of large investors have recently made changes to their positions in AER. ETRADE Capital Management LLC increased its stake in shares of AerCap Holdings NV by 30.0% in the third quarter. ETRADE Capital Management LLC now owns 10,932 shares of the company’s stock valued at $421,000 after buying an additional 2,524 shares in the last quarter. Lombard Odier Asset Management Switzerland SA purchased a new stake in AerCap Holdings NV during the third quarter valued at about $441,000. Caisse DE Depot ET Placement DU Quebec raised its stake in AerCap Holdings NV by 46.1% in the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 145,399 shares of the company’s stock valued at $5,596,000 after buying an additional 45,899 shares during the last quarter. Xact Kapitalforvaltning AB purchased a new stake in AerCap Holdings NV during the third quarter valued at about $657,000. Finally, Highbridge Capital Management LLC purchased a new stake in AerCap Holdings NV during the third quarter valued at about $340,000. 85.71% of the stock is currently owned by institutional investors.
About AerCap Holdings NV
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.
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