Global Retirement Partners LLC Buys 1,899 Shares of AerCap Holdings (NYSE:AER)

Global Retirement Partners LLC increased its position in shares of AerCap Holdings (NYSE:AER) by 37.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,957 shares of the financial services provider’s stock after purchasing an additional 1,899 shares during the quarter. Global Retirement Partners LLC’s holdings in AerCap were worth $666,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of AER. Atria Wealth Solutions Inc. lifted its holdings in shares of AerCap by 5.8% during the 4th quarter. Atria Wealth Solutions Inc. now owns 5,547 shares of the financial services provider’s stock worth $531,000 after acquiring an additional 306 shares during the period. Truist Financial Corp raised its position in AerCap by 5.2% during the fourth quarter. Truist Financial Corp now owns 44,670 shares of the financial services provider’s stock valued at $4,275,000 after purchasing an additional 2,201 shares in the last quarter. CIBC Asset Management Inc lifted its stake in AerCap by 12.5% during the fourth quarter. CIBC Asset Management Inc now owns 21,546 shares of the financial services provider’s stock worth $2,062,000 after purchasing an additional 2,401 shares during the last quarter. Principal Financial Group Inc. boosted its holdings in shares of AerCap by 2.1% in the 4th quarter. Principal Financial Group Inc. now owns 15,857 shares of the financial services provider’s stock valued at $1,518,000 after purchasing an additional 323 shares in the last quarter. Finally, Americana Partners LLC increased its stake in shares of AerCap by 128.9% in the 4th quarter. Americana Partners LLC now owns 33,678 shares of the financial services provider’s stock valued at $3,223,000 after purchasing an additional 18,968 shares during the last quarter. 96.42% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Separately, The Goldman Sachs Group restated a “buy” rating and set a $119.00 price objective on shares of AerCap in a research report on Thursday, November 21st. One research analyst has rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat.com, AerCap presently has an average rating of “Moderate Buy” and an average price target of $112.00.

AerCap Stock Performance

NYSE AER opened at $101.67 on Friday. The firm’s fifty day moving average price is $96.59 and its two-hundred day moving average price is $95.71. The stock has a market cap of $20.12 billion, a PE ratio of 8.06, a PEG ratio of 2.31 and a beta of 1.81. The company has a debt-to-equity ratio of 2.89, a quick ratio of 0.67 and a current ratio of 0.67. AerCap Holdings has a fifty-two week low of $75.96 and a fifty-two week high of $107.36.

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.