AustralianSuper Pty Ltd Trims Stock Position in AerCap Holdings (NYSE:AER)

AustralianSuper Pty Ltd cut its stake in shares of AerCap Holdings (NYSE:AER) by 6.3% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 75,098 shares of the financial services provider’s stock after selling 5,028 shares during the period. AustralianSuper Pty Ltd’s holdings in AerCap were worth $7,187,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Toth Financial Advisory Corp purchased a new position in shares of AerCap during the 4th quarter worth approximately $29,000. Truvestments Capital LLC acquired a new stake in shares of AerCap in the 3rd quarter worth approximately $35,000. Fortitude Family Office LLC acquired a new stake in shares of AerCap in the 4th quarter worth approximately $38,000. Transamerica Financial Advisors Inc. acquired a new stake in shares of AerCap in the 3rd quarter worth approximately $64,000. Finally, Quantbot Technologies LP acquired a new stake in shares of AerCap in the 3rd quarter worth approximately $66,000. 96.42% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the company. Deutsche Bank Aktiengesellschaft upped their price target on AerCap from $110.00 to $115.00 and gave the stock a “buy” rating in a report on Tuesday, October 22nd. The Goldman Sachs Group reiterated a “buy” rating and set a $119.00 target price on shares of AerCap in a report on Thursday, November 21st. One equities research analyst has rated the stock with a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $112.00.

AerCap Trading Up 1.6 %

Shares of AER opened at $100.60 on Friday. The stock’s fifty day simple moving average is $95.83 and its 200 day simple moving average is $95.24. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 2.89. AerCap Holdings has a twelve month low of $75.96 and a twelve month high of $100.81. The firm has a market capitalization of $19.91 billion, a P/E ratio of 7.97, a price-to-earnings-growth ratio of 2.13 and a beta of 1.81.

About AerCap

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.