Aercap Holdings N.V. (NYSE:AER) was upgraded by BidaskClub from a “buy” rating to a “strong-buy” rating in a research note issued to investors on Wednesday.

A number of other analysts have also recently commented on the company. FBR & Co reaffirmed an “outperform” rating and issued a $53.00 price target on shares of Aercap Holdings N.V. in a research note on Monday, April 17th. Morgan Stanley lowered their target price on Aercap Holdings N.V. from $48.00 to $44.00 in a research note on Tuesday, July 4th. ValuEngine raised Aercap Holdings N.V. from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, June 27th. Royal Bank Of Canada reissued a “buy” rating and set a $73.00 target price on shares of Aercap Holdings N.V. in a research note on Friday, April 21st. Finally, Cowen and Company reissued a “buy” rating and set a $54.00 target price on shares of Aercap Holdings N.V. in a research note on Tuesday, July 11th. Two equities research analysts have rated the stock with a hold rating, ten have assigned a buy rating and two have issued a strong buy rating to the stock. The company has an average rating of “Buy” and an average price target of $57.80.

Shares of Aercap Holdings N.V. (NYSE AER) opened at 49.86 on Wednesday. Aercap Holdings N.V. has a 12-month low of $36.38 and a 12-month high of $50.79. The company’s 50 day moving average is $47.63 and its 200 day moving average is $45.63. The firm has a market capitalization of $8.30 billion, a PE ratio of 8.47 and a beta of 1.87.

Aercap Holdings N.V. (NYSE:AER) last announced its quarterly earnings results on Thursday, August 3rd. The financial services provider reported $1.67 EPS for the quarter, beating analysts’ consensus estimates of $1.38 by $0.29. The company had revenue of $1.26 billion during the quarter, compared to analysts’ expectations of $1.22 billion. Aercap Holdings N.V. had a return on equity of 14.43% and a net margin of 22.26%. Aercap Holdings N.V.’s revenue was up 2.0% on a year-over-year basis. During the same period in the prior year, the business posted $1.22 EPS. On average, analysts forecast that Aercap Holdings N.V. will post $6.08 earnings per share for the current year.

Aercap Holdings N.V. declared that its board has authorized a share repurchase program on Tuesday, May 9th that permits the company to buyback $300.00 million in shares. This buyback authorization permits the financial services provider to buy shares of its stock through open market purchases. Shares buyback programs are generally an indication that the company’s leadership believes its stock is undervalued.

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In other Aercap Holdings N.V. news, Director James N. Chapman sold 4,000 shares of the company’s stock in a transaction that occurred on Thursday, May 11th. The stock was sold at an average price of $44.58, for a total transaction of $178,320.00. Following the completion of the transaction, the director now owns 11,261 shares of the company’s stock, valued at approximately $502,015.38. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Michael Gradon sold 742 shares of the company’s stock in a transaction that occurred on Monday, August 7th. The stock was sold at an average price of $50.16, for a total value of $37,218.72. Following the transaction, the director now directly owns 3,380 shares of the company’s stock, valued at approximately $169,540.80. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 154,742 shares of company stock valued at $7,402,039.

A number of institutional investors have recently added to or reduced their stakes in the company. Ingalls & Snyder LLC increased its position in Aercap Holdings N.V. by 0.3% in the first quarter. Ingalls & Snyder LLC now owns 7,700 shares of the financial services provider’s stock worth $354,000 after buying an additional 25 shares during the period. Financial Architects Inc increased its position 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 worth $118,000 after buying an additional 52 shares during the period. Prudential Financial Inc. increased its position in Aercap Holdings N.V. by 0.7% in the first quarter. Prudential Financial Inc. now owns 16,661 shares of the financial services provider’s stock worth $766,000 after buying an additional 108 shares during the period. Financial Counselors Inc. increased its position in Aercap Holdings N.V. by 1.7% in the first quarter. Financial Counselors Inc. now owns 6,632 shares of the financial services provider’s stock worth $305,000 after buying an additional 111 shares during the period. Finally, Huntington National Bank increased its position 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 worth $138,000 after buying an additional 136 shares during the period. 86.90% of the stock is owned by hedge funds and other institutional investors.

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.

Analyst Recommendations for Aercap Holdings N.V. (NYSE:AER)

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