Russell Investments Group Ltd. raised its stake in Aercap Holdings N.V. (NYSE:AER) by 36.5% during the second quarter, Holdings Channel reports. The fund owned 430,376 shares of the financial services provider’s stock after buying an additional 114,993 shares during the period. Russell Investments Group Ltd.’s holdings in Aercap Holdings N.V. were worth $19,982,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Huntington National Bank increased its stake in Aercap Holdings N.V. by 4.8% in the second quarter. Huntington National Bank now owns 2,973 shares of the financial services provider’s stock valued at $138,000 after buying an additional 136 shares during the last quarter. Financial Architects Inc increased its stake in Aercap Holdings N.V. by 2.1% in the second quarter. Financial Architects Inc now owns 2,536 shares of the financial services provider’s stock valued at $118,000 after buying an additional 52 shares during the last quarter. BB&T Corp increased its stake in Aercap Holdings N.V. by 16.3% in the second quarter. BB&T Corp now owns 75,493 shares of the financial services provider’s stock valued at $3,505,000 after buying an additional 10,577 shares during the last quarter. US Bancorp DE increased its stake in Aercap Holdings N.V. by 10.6% in the second quarter. US Bancorp DE now owns 75,134 shares of the financial services provider’s stock valued at $3,489,000 after buying an additional 7,207 shares during the last quarter. Finally, Aperio Group LLC increased its stake in Aercap Holdings N.V. by 18.3% in the second quarter. Aperio Group LLC now owns 193,881 shares of the financial services provider’s stock valued at $9,002,000 after buying an additional 29,938 shares during the last quarter. Institutional investors own 86.90% of the company’s stock.

Aercap Holdings N.V. (NYSE:AER) traded down 0.42% during mid-day trading on Monday, reaching $49.92. The company’s stock had a trading volume of 905,224 shares. Aercap Holdings N.V. has a 12-month low of $36.16 and a 12-month high of $50.45. The company has a market cap of $8.31 billion, a PE ratio of 8.48 and a beta of 1.87. The firm’s 50 day moving average is $47.35 and its 200-day moving average is $45.55.

Aercap Holdings N.V. (NYSE:AER) last posted its quarterly earnings results on Thursday, August 3rd. The financial services provider reported $1.67 EPS for the quarter, beating the consensus estimate of $1.38 by $0.29. Aercap Holdings N.V. had a return on equity of 14.43% and a net margin of 22.26%. The firm had revenue of $1.26 billion during the quarter, compared to analysts’ expectations of $1.22 billion. During the same quarter last year, the firm earned $1.22 earnings per share. The business’s revenue for the quarter was up 2.0% on a year-over-year basis. Equities analysts anticipate that Aercap Holdings N.V. will post $6.05 earnings per share for the current fiscal year.

Aercap Holdings N.V. announced that its board has approved a stock repurchase plan on Tuesday, May 9th that authorizes the company to repurchase $300.00 million in shares. This repurchase authorization authorizes the financial services provider to reacquire shares of its stock through open market purchases. Shares repurchase plans are usually an indication that the company’s board believes its shares are undervalued.

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Several research firms recently commented on AER. Zacks Investment Research upgraded Aercap Holdings N.V. from a “sell” rating to a “hold” rating in a report on Friday. Royal Bank Of Canada reiterated a “buy” rating and issued a $77.00 price objective on shares of Aercap Holdings N.V. in a report on Friday. BidaskClub cut Aercap Holdings N.V. from a “strong-buy” rating to a “buy” rating in a research report on Monday, July 31st. Cowen and Company reissued a “buy” rating and issued a $54.00 target price on shares of Aercap Holdings N.V. in a research report on Tuesday, July 11th. Finally, Barclays PLC initiated coverage on Aercap Holdings N.V. in a research report on Monday, July 10th. They issued an “overweight” rating and a $61.00 target price on the stock. Two equities research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the stock. Aercap Holdings N.V. presently has a consensus rating of “Buy” and an average price target of $57.80.

In related news, COO Dikken Wouter Marinus Den sold 50,000 shares of the stock in a transaction that occurred on Tuesday, May 30th. The stock was sold at an average price of $43.99, for a total value of $2,199,500.00. Following the completion of the sale, the chief operating officer now owns 205,808 shares of the company’s stock, valued at $9,053,493.92. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director James N. Chapman sold 4,000 shares of the stock in a transaction that occurred on Thursday, May 11th. The shares were sold at an average price of $44.58, for a total value of $178,320.00. Following the completion of the sale, the director now directly owns 11,261 shares of the company’s stock, valued at approximately $502,015.38. The disclosure for this sale can be found here. In the last ninety days, insiders sold 154,000 shares of company stock valued at $7,364,820.

Aercap Holdings N.V. Company Profile

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. It operates its business on a global basis, leasing aircraft to customers in various geographical regions.

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Institutional Ownership by Quarter for Aercap Holdings N.V. (NYSE:AER)

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