AerCap Target of Unusually Large Options Trading (AER)
AerCap Holdings (NYSE:AER) saw unusually large options trading activity on Thursday. Investors acquired 1,190 put options on the company. This represents an increase of 1,012% compared to the average daily volume of 107 put options.
Shares of NYSE AER opened at $52.69 on Friday. AerCap has a twelve month low of $48.29 and a twelve month high of $58.30. The company has a market capitalization of $8.54 billion, a P/E ratio of 8.37, a PEG ratio of 1.22 and a beta of 1.91. The company has a quick ratio of 0.49, a current ratio of 0.49 and a debt-to-equity ratio of 3.27.
AerCap (NYSE:AER) last announced its quarterly earnings data on Monday, July 30th. The financial services provider reported $1.70 earnings per share for the quarter, topping analysts’ consensus estimates of $1.47 by $0.23. AerCap had a net margin of 21.24% and a return on equity of 12.15%. The company had revenue of $1.19 billion during the quarter, compared to analyst estimates of $1.18 billion. During the same period in the previous year, the business earned $1.67 EPS. The firm’s revenue for the quarter was down 5.5% on a year-over-year basis. Sell-side analysts expect that AerCap will post 6.68 earnings per share for the current fiscal year.
A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Nomura Holdings Inc. grew its position in AerCap by 101.1% in the 2nd quarter. Nomura Holdings Inc. now owns 2,389,477 shares of the financial services provider’s stock worth $129,390,000 after purchasing an additional 229,369,767 shares during the period. Los Angeles Capital Management & Equity Research Inc. grew its position in AerCap by 386.3% in the 2nd quarter. Los Angeles Capital Management & Equity Research Inc. now owns 366,158 shares of the financial services provider’s stock worth $19,827,000 after purchasing an additional 290,862 shares during the period. Bank of Montreal Can grew its position in AerCap by 24.7% in the 3rd quarter. Bank of Montreal Can now owns 1,293,799 shares of the financial services provider’s stock worth $74,418,000 after purchasing an additional 256,392 shares during the period. Thompson Siegel & Walmsley LLC grew its position in AerCap by 12.1% in the 2nd quarter. Thompson Siegel & Walmsley LLC now owns 2,262,335 shares of the financial services provider’s stock worth $122,505,000 after purchasing an additional 243,958 shares during the period. Finally, Wells Fargo & Company MN grew its position in AerCap by 6.6% in the 2nd quarter. Wells Fargo & Company MN now owns 3,913,681 shares of the financial services provider’s stock worth $211,926,000 after purchasing an additional 242,817 shares during the period. Institutional investors own 85.76% of the company’s stock.
AerCap Holdings N.V., an aircraft leasing company, engages in the lease, financing, sale, and management of commercial aircraft and engines in Mainland China, Hong Kong, Macau, the United States, Ireland, and internationally. The company provides aircraft asset management services, including remarketing aircraft; collecting rental and maintenance rent payments, monitoring aircraft maintenance, monitoring and enforcing contract compliance, and accepting delivery and redelivery of aircraft; and conducting ongoing lessee financial performance reviews.
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