AerCap Holdings NV (NYSE:AER) shares gapped up prior to trading on Tuesday . The stock had previously closed at $39.40, but opened at $39.44. AerCap Holdings NV shares last traded at $39.85, with a volume of 539,445 shares changing hands.

AER has been the subject of a number of recent research reports. Cowen and Company reiterated a “buy” rating on shares of AerCap Holdings NV in a research note on Saturday, May 14th. Deutsche Bank AG reiterated a “buy” rating on shares of AerCap Holdings NV in a research note on Saturday, May 14th. DA Davidson reiterated a “buy” rating on shares of AerCap Holdings NV in a research note on Saturday, May 14th. Zacks Investment Research upgraded shares of AerCap Holdings NV from a “hold” rating to a “buy” rating and set a $41.00 price objective for the company in a research note on Tuesday, July 26th. Finally, FBR & Co set a $40.00 price objective on shares of AerCap Holdings NV and gave the company a “hold” rating in a research note on Tuesday, August 23rd. Three analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. The company presently has an average rating of “Buy” and an average price target of $54.14.

The company has a market capitalization of $7.34 billion and a P/E ratio of 7.71. The stock has a 50 day moving average price of $37.64 and a 200-day moving average price of $37.50.

AerCap Holdings NV (NYSE:AER) last issued its quarterly earnings results on Tuesday, August 9th. The company reported $1.53 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.48 by $0.05. During the same quarter last year, the firm posted $1.73 earnings per share. The firm earned $1.24 billion during the quarter, compared to the consensus estimate of $1.23 billion. AerCap Holdings NV’s revenue was down 7.3% compared to the same quarter last year. On average, analysts predict that AerCap Holdings NV will post $5.88 earnings per share for the current fiscal year.

Other large investors have recently modified their holdings of the company. Connor Clark & Lunn Investment Management Ltd. purchased a new stake in shares of AerCap Holdings NV during the fourth quarter worth $1,118,000. Schwab Charles Investment Management Inc. increased its stake in shares of AerCap Holdings NV by 127.7% in the fourth quarter. Schwab Charles Investment Management Inc. now owns 33,959 shares of the company’s stock worth $1,466,000 after buying an additional 19,047 shares during the period. Finally, Ameriprise Financial Inc. increased its stake in shares of AerCap Holdings NV by 2.4% in the fourth quarter. Ameriprise Financial Inc. now owns 1,268,563 shares of the company’s stock worth $54,752,000 after buying an additional 30,277 shares during the period.

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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