Stephens Inc. AR increased its stake in shares of Aercap Holdings N.V. (NYSE:AER) by 1.8% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 25,520 shares of the financial services provider’s stock after purchasing an additional 452 shares during the quarter. Stephens Inc. AR’s holdings in Aercap Holdings N.V. were worth $1,185,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Financial Architects Inc lifted its stake in shares of Aercap Holdings N.V. by 2.1% during the 2nd quarter. Financial Architects Inc now owns 2,536 shares of the financial services provider’s stock worth $118,000 after purchasing an additional 52 shares during the last quarter. Prudential Financial Inc. lifted its stake in shares of Aercap Holdings N.V. by 0.7% during the 1st quarter. Prudential Financial Inc. now owns 16,661 shares of the financial services provider’s stock worth $766,000 after purchasing an additional 108 shares during the last quarter. Financial Counselors Inc. lifted its stake in shares of Aercap Holdings N.V. by 1.7% during the 1st quarter. Financial Counselors Inc. now owns 6,632 shares of the financial services provider’s stock worth $305,000 after purchasing an additional 111 shares during the last quarter. Huntington National Bank lifted its stake in shares of Aercap Holdings N.V. by 4.8% during the 2nd quarter. Huntington National Bank now owns 2,973 shares of the financial services provider’s stock worth $138,000 after purchasing an additional 136 shares during the last quarter. Finally, United Capital Financial Advisers LLC lifted its stake in shares of Aercap Holdings N.V. by 0.3% during the 1st quarter. United Capital Financial Advisers LLC now owns 59,567 shares of the financial services provider’s stock worth $2,738,000 after purchasing an additional 181 shares during the last quarter. Hedge funds and other institutional investors own 88.94% of the company’s stock.

Shares of Aercap Holdings N.V. (NYSE:AER) opened at 49.61 on Friday. The stock has a market capitalization of $7.97 billion, a PE ratio of 7.82 and a beta of 1.85. The firm has a 50-day moving average price of $49.16 and a 200-day moving average price of $46.51. Aercap Holdings N.V. has a 1-year low of $36.38 and a 1-year high of $50.90.

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 (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.38 by $0.29. The business had revenue of $1.26 billion during the quarter, compared to analysts’ expectations of $1.22 billion. Aercap Holdings N.V. had a return on equity of 14.43% and a net margin of 22.26%. The business’s quarterly revenue was up 2.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.22 EPS. On average, equities research analysts forecast that Aercap Holdings N.V. will post $6.08 earnings per share for the current year.

Aercap Holdings N.V. declared that its board has initiated a stock buyback program on Thursday, August 3rd that allows the company to buyback $250.00 million in shares. This buyback authorization allows the financial services provider to purchase shares of its stock through open market purchases. Shares buyback programs are generally an indication that the company’s board believes its stock is undervalued.

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A number of equities research analysts recently weighed in on the company. Zacks Investment Research cut Aercap Holdings N.V. from a “hold” rating to a “sell” rating in a research note on Monday, July 17th. ValuEngine cut Aercap Holdings N.V. from a “strong-buy” rating to a “buy” rating in a research note on Friday, June 2nd. BidaskClub cut Aercap Holdings N.V. from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, August 15th. Cowen and Company restated a “buy” rating and set a $54.00 price objective on shares of Aercap Holdings N.V. in a research note on Tuesday, July 11th. Finally, Barclays PLC assumed coverage on Aercap Holdings N.V. in a research note on Monday, July 10th. They set an “overweight” rating and a $61.00 price objective 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 stock. The stock currently has a consensus rating of “Buy” and an average target price of $57.45.

In other news, CEO Aengus Kelly sold 100,000 shares of the company’s stock in a transaction dated Friday, August 4th. The stock was sold at an average price of $49.87, for a total transaction of $4,987,000.00. Following the completion of the transaction, the chief executive officer now directly owns 2,231,875 shares of the company’s stock, valued at approximately $111,303,606.25. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Michael Gradon sold 742 shares of the company’s stock in a transaction dated Monday, August 7th. The stock was sold at an average price of $50.16, for a total value of $37,218.72. Following the transaction, the director now directly owns 3,380 shares of the company’s stock, valued at $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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Institutional Ownership by Quarter for Aercap Holdings N.V. (NYSE:AER)

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