Aercap Holdings N.V. (AER) Shares Bought by Thompson Siegel & Walmsley LLC
Thompson Siegel & Walmsley LLC boosted its stake in Aercap Holdings N.V. (NYSE:AER) by 55.3% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,043,859 shares of the financial services provider’s stock after buying an additional 728,189 shares during the period. Aercap Holdings N.V. comprises about 1.1% of Thompson Siegel & Walmsley LLC’s holdings, making the stock its 22nd largest position. Thompson Siegel & Walmsley LLC owned about 1.23% of Aercap Holdings N.V. worth $94,896,000 as of its most recent filing with the SEC.
Several other hedge funds have also recently modified their holdings of the company. Financial Architects Inc raised its stake in shares of Aercap Holdings N.V. by 2.1% in the second quarter. Financial Architects Inc now owns 2,536 shares of the financial services provider’s stock valued at $118,000 after buying an additional 52 shares during the last quarter. Israel Discount Bank of New York bought a new stake in Aercap Holdings N.V. during the first quarter valued at about $124,000. Huntington National Bank raised its stake in Aercap Holdings N.V. by 4.8% in the second quarter. Huntington National Bank now owns 2,973 shares of the financial services provider’s stock valued at $138,000 after buying an additional 136 shares in the last quarter. Atria Investments LLC bought a new stake in Aercap Holdings N.V. during the second quarter valued at about $211,000. Finally, Toronto Dominion Bank bought a new stake in Aercap Holdings N.V. during the first quarter valued at about $233,000. 88.94% of the stock is owned by institutional investors.
Aercap Holdings N.V. (NYSE AER) traded up 0.18% during trading on Friday, hitting $50.39. The stock had a trading volume of 1,217,918 shares. Aercap Holdings N.V. has a 52-week low of $36.38 and a 52-week high of $50.90. The company has a market cap of $8.09 billion, a price-to-earnings ratio of 7.95 and a beta of 1.85. The firm’s 50-day moving average price is $49.05 and its 200-day moving average price is $46.34.
Aercap Holdings N.V. (NYSE:AER) last released its quarterly earnings data on Thursday, August 3rd. The financial services provider reported $1.67 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.38 by $0.29. The business had revenue of $1.26 billion during the quarter, compared to analyst estimates of $1.22 billion. Aercap Holdings N.V. had a return on equity of 14.43% and a net margin of 22.26%. The company’s revenue was up 2.0% on a year-over-year basis. During the same quarter last year, the business posted $1.22 EPS. Analysts predict that Aercap Holdings N.V. will post $6.08 EPS for the current fiscal year.
Aercap Holdings N.V. declared that its board has authorized a share buyback plan on Tuesday, May 9th that authorizes the company to buyback $300.00 million in shares. This buyback authorization authorizes the financial services provider to buy shares of its stock through open market purchases. Stock buyback plans are generally a sign that the company’s board believes its stock is undervalued.
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Several research firms have issued reports on AER. Zacks Investment Research raised Aercap Holdings N.V. from a “hold” rating to a “buy” rating and set a $54.00 price target for the company in a report on Tuesday, August 15th. BidaskClub lowered Aercap Holdings N.V. from a “strong-buy” rating to a “buy” rating in a report on Tuesday, August 15th. Royal Bank Of Canada reissued a “buy” rating and set a $77.00 price target on shares of Aercap Holdings N.V. in a report on Friday, August 4th. Cowen and Company reissued a “buy” rating and set a $54.00 price target on shares of Aercap Holdings N.V. in a report on Tuesday, July 11th. Finally, Barclays PLC began coverage on Aercap Holdings N.V. in a report on Monday, July 10th. They set an “overweight” rating and a $61.00 price target for the company. One investment analyst has rated the stock with a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the company. The stock has an average rating of “Buy” and a consensus price target of $57.45.
In related news, Director James A. Lawrence acquired 100,000 shares of Aercap Holdings N.V. stock in a transaction on Wednesday, August 9th. The stock was acquired at an average price of $49.81 per share, for a total transaction of $4,981,000.00. Following the purchase, the director now owns 53,280 shares of the company’s stock, valued at approximately $2,653,876.80. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Michael Gradon sold 742 shares of Aercap Holdings N.V. stock in a transaction dated Monday, August 7th. The shares were sold at an average price of $50.16, for a total value of $37,218.72. Following the transaction, the director now owns 3,380 shares of the company’s stock, valued at approximately $169,540.80. The disclosure for this sale can be found here.
Aercap Holdings N.V. 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. It operates its business on a global basis, leasing aircraft to customers in various geographical regions.
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