Harbor Advisors LLC maintained its stake in shares of Aercap Holdings N.V. (NYSE:AER) during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 6,750 shares of the financial services provider’s stock at the end of the 2nd quarter. Harbor Advisors LLC’s holdings in Aercap Holdings N.V. were worth $313,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently added to or reduced their stakes in the company. Bank of New York Mellon Corp lifted its position in shares of Aercap Holdings N.V. by 3.0% during the 1st quarter. Bank of New York Mellon Corp now owns 416,775 shares of the financial services provider’s stock valued at $19,159,000 after acquiring an additional 12,291 shares during the period. UBS Asset Management Americas Inc. boosted its stake in Aercap Holdings N.V. by 0.5% during the first quarter. UBS Asset Management Americas Inc. now owns 910,569 shares of the financial services provider’s stock worth $41,859,000 after acquiring an additional 4,766 shares in the last quarter. Prudential Financial Inc. boosted its stake in Aercap Holdings N.V. by 0.7% during the first quarter. Prudential Financial Inc. now owns 16,661 shares of the financial services provider’s stock worth $766,000 after acquiring an additional 108 shares in the last quarter. Stifel Financial Corp boosted its stake in Aercap Holdings N.V. by 33.2% during the first quarter. Stifel Financial Corp now owns 25,705 shares of the financial services provider’s stock worth $1,179,000 after acquiring an additional 6,413 shares in the last quarter. Finally, Victory Capital Management Inc. boosted its stake in Aercap Holdings N.V. by 3.8% during the first quarter. Victory Capital Management Inc. now owns 34,659 shares of the financial services provider’s stock worth $1,594,000 after acquiring an additional 1,276 shares in the last quarter. Institutional investors own 88.94% of the company’s stock.

Aercap Holdings N.V. (AER) traded up 0.87% during trading on Wednesday, reaching $52.29. The company’s stock had a trading volume of 170,837 shares. The firm has a market cap of $8.40 billion, a PE ratio of 8.25 and a beta of 1.86. The company has a 50-day moving average of $49.52 and a 200 day moving average of $46.96. Aercap Holdings N.V. has a one year low of $38.20 and a one year high of $52.31.

Aercap Holdings N.V. (NYSE:AER) last announced its earnings results on Thursday, August 3rd. The financial services provider reported $1.67 EPS for the quarter, beating the Zacks’ consensus estimate of $1.38 by $0.29. The firm had revenue of $1.26 billion for the quarter, compared to analysts’ expectations of $1.22 billion. Aercap Holdings N.V. had a net margin of 22.26% and a return on equity of 14.43%. The company’s quarterly revenue was up 2.0% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.22 EPS. Analysts expect that Aercap Holdings N.V. will post $6.08 EPS for the current fiscal year.

Aercap Holdings N.V. declared that its Board of Directors has authorized a share buyback plan on Thursday, August 3rd that allows the company to buyback $250.00 million in shares. This buyback authorization allows the financial services provider to buy shares of its stock through open market purchases. Shares buyback plans are usually a sign that the company’s board believes its shares are undervalued.

Several research firms have weighed in on AER. Morgan Stanley decreased their price target on shares of Aercap Holdings N.V. from $48.00 to $44.00 in a research note on Tuesday, July 4th. ValuEngine raised shares of Aercap Holdings N.V. from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, June 27th. Zacks Investment Research downgraded Aercap Holdings N.V. from a “hold” rating to a “sell” rating in a research note on Monday, July 17th. BidaskClub downgraded Aercap Holdings N.V. from a “buy” rating to a “hold” rating in a research note on Thursday, June 22nd. Finally, Cowen and Company reaffirmed a “buy” rating and issued a $54.00 target price on shares of Aercap Holdings N.V. in a research report on Tuesday, July 11th. One research analyst has rated the stock with a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the company. Aercap Holdings N.V. currently has an average rating of “Buy” and an average target price of $57.45.

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In related news, CEO Aengus Kelly sold 100,000 shares of Aercap Holdings N.V. stock in a transaction dated Friday, August 4th. The shares were 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 sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Michael Gradon sold 742 shares of the business’s stock in a transaction dated Monday, August 7th. The stock was sold at an average price of $50.16, for a total transaction of $37,218.72. Following the sale, the director now directly owns 3,380 shares in the company, valued at approximately $169,540.80. The disclosure for this sale can be found here.

Aercap Holdings N.V. 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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