Shares of AerCap Holdings NV (NYSE:AER) were up 1.4% on Wednesday . The stock traded as high as $39.20 and last traded at $39.10, with a volume of 849,905 shares trading hands. The stock had previously closed at $38.55.

A number of analysts have commented on AER shares. Zacks Investment Research upgraded shares of AerCap Holdings NV from a “hold” rating to a “buy” rating and set a $41.00 price target for the company in a research note on Tuesday, July 26th. FBR & Co lowered shares of AerCap Holdings NV from an “outperform” rating to a “market perform” rating and decreased their price target for the company from $50.00 to $43.00 in a research note on Friday, May 13th. Cowen and Company decreased their price target on shares of AerCap Holdings NV from $52.00 to $49.00 and set an “outperform” rating for the company in a research note on Friday, May 13th. Royal Bank Of Canada boosted their price target on shares of AerCap Holdings NV from $72.00 to $74.00 and gave the company an “outperform” rating in a research note on Thursday, August 11th. Finally, RBC Capital Markets restated an “outperform” rating and set a $74.00 price target (up previously from $72.00) on shares of AerCap Holdings NV in a research note on Friday, August 12th. Three research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of $54.79.

The company has a market cap of $7.26 billion and a P/E ratio of 7.62. The firm has a 50-day moving average price of $36.31 and a 200 day moving average price of $36.69.

AerCap Holdings NV (NYSE:AER) last announced its quarterly earnings results on Tuesday, August 9th. The company reported $1.53 EPS for the quarter, topping analysts’ consensus estimates of $1.48 by $0.05. The business earned $1.24 billion during the quarter, compared to analysts’ expectations of $1.23 billion. The business’s revenue was down 7.3% compared to the same quarter last year. During the same period in the previous year, the business earned $1.73 EPS. On average, analysts predict that AerCap Holdings NV will post $5.87 earnings per share for the current fiscal year.

A number of hedge funds have made changes to their positions in the company. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in shares of AerCap Holdings NV during the fourth quarter worth approximately $1,118,000. Victory Capital Management Inc. raised its stake in shares of AerCap Holdings NV by 10.3% in the fourth quarter. Victory Capital Management Inc. now owns 66,853 shares of the company’s stock worth $3,252,000 after buying an additional 6,260 shares during the last quarter. State of Wisconsin Investment Board acquired a new stake in shares of AerCap Holdings NV during the fourth quarter worth approximately $3,332,000. Finally, New York State Common Retirement Fund acquired a new stake in shares of AerCap Holdings NV during the fourth quarter worth approximately $5,547,000.

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. The Company operates its business on a global basis, leasing aircraft to customers in various geographical region.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.