AerCap Holdings NV (NYSE:AER) shares were down 1.4% during trading on Thursday . The company traded as low as $38.74 and last traded at $38.79, with a volume of 2,073,514 shares. The stock had previously closed at $39.35.

A number of research analysts have commented on AER shares. DA Davidson reaffirmed a “buy” rating on shares of AerCap Holdings NV in a report on Monday. Cowen and Company reissued a “buy” rating on shares of AerCap Holdings NV in a report on Saturday, May 14th. Deutsche Bank AG reissued a “buy” rating on shares of AerCap Holdings NV in a report on Saturday, May 14th. Zacks Investment Research raised AerCap Holdings NV from a “hold” rating to a “buy” rating and set a $41.00 price target on the stock in a report on Tuesday, July 26th. Finally, FBR & Co downgraded AerCap Holdings NV from an “outperform” rating to a “market perform” rating and cut their price target for the stock from $50.00 to $43.00 in a report on Friday, May 13th. Three investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. AerCap Holdings NV currently has an average rating of “Buy” and an average target price of $54.79.

The stock’s 50-day moving average is $36.47 and its 200 day moving average is $36.71. The stock has a market cap of $7.20 billion and a P/E ratio of 7.55.

AerCap Holdings NV (NYSE:AER) last issued its quarterly earnings results on Tuesday, August 9th. The company reported $1.53 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.48 by $0.05. The firm had revenue of $1.24 billion for the quarter, compared to the consensus estimate of $1.23 billion. The company’s revenue was down 7.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.73 earnings per share. On average, equities analysts predict that AerCap Holdings NV will post $5.87 earnings per share for the current year.

Other institutional investors have recently modified their holdings of the company. Victory Capital Management Inc. raised its position 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 valued at $3,252,000 after buying an additional 6,260 shares in the last quarter. New York State Common Retirement Fund purchased a new position in shares of AerCap Holdings NV during the fourth quarter valued at about $5,547,000. Finally, Connor Clark & Lunn Investment Management Ltd. purchased a new position in shares of AerCap Holdings NV during the fourth quarter valued at about $1,118,000.

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.

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