Leeward Investments LLC MA Has $16.63 Million Stock Position in AerCap Holdings (NYSE:AER)

Leeward Investments LLC MA cut its holdings in shares of AerCap Holdings (NYSE:AER) by 2.6% in the fourth quarter, HoldingsChannel reports. The fund owned 223,714 shares of the financial services provider’s stock after selling 6,038 shares during the quarter. Leeward Investments LLC MA’s holdings in AerCap were worth $16,626,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Optiver Holding B.V. acquired a new stake in AerCap during the 3rd quarter worth about $32,000. Allworth Financial LP boosted its position in AerCap by 2,460.0% during the 3rd quarter. Allworth Financial LP now owns 768 shares of the financial services provider’s stock worth $48,000 after acquiring an additional 738 shares during the period. Acadian Asset Management LLC acquired a new stake in AerCap during the 3rd quarter worth about $63,000. Bourgeon Capital Management LLC boosted its position in AerCap by 20,000.0% during the 4th quarter. Bourgeon Capital Management LLC now owns 1,005 shares of the financial services provider’s stock worth $75,000 after acquiring an additional 1,000 shares during the period. Finally, Compagnie Lombard Odier SCmA acquired a new stake in AerCap during the 3rd quarter worth about $103,000. 96.42% of the stock is currently owned by institutional investors and hedge funds.

AerCap Stock Up 0.3 %

Shares of AER stock opened at $85.47 on Friday. The stock’s 50 day simple moving average is $83.12 and its 200 day simple moving average is $74.65. The company has a debt-to-equity ratio of 2.80, a quick ratio of 0.33 and a current ratio of 0.33. AerCap Holdings has a twelve month low of $53.42 and a twelve month high of $88.44. The company has a market capitalization of $16.92 billion, a price-to-earnings ratio of 6.04, a PEG ratio of 2.76 and a beta of 1.85.

AerCap (NYSE:AER) last issued its quarterly earnings data on Friday, February 23rd. The financial services provider reported $3.11 earnings per share for the quarter, beating analysts’ consensus estimates of $2.44 by $0.67. AerCap had a return on equity of 14.92% and a net margin of 41.37%. The business had revenue of $1.90 billion for the quarter, compared to the consensus estimate of $1.94 billion. During the same period last year, the business earned $2.66 EPS. The firm’s revenue was up 3.8% compared to the same quarter last year. As a group, research analysts predict that AerCap Holdings will post 9.7 EPS for the current year.

Wall Street Analyst Weigh In

A number of brokerages have commented on AER. Susquehanna raised their price objective on AerCap from $80.00 to $90.00 and gave the stock a “positive” rating in a research report on Monday, February 26th. Barclays lifted their price target on AerCap from $84.00 to $93.00 and gave the company an “overweight” rating in a report on Monday, February 26th. BMO Capital Markets reduced their price target on AerCap from $103.00 to $101.00 and set an “outperform” rating for the company in a report on Monday, February 26th. Finally, TD Cowen reiterated a “buy” rating and set a $85.00 price target on shares of AerCap in a report on Tuesday, February 27th. Eight equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, AerCap presently has a consensus rating of “Buy” and an average target price of $87.71.

AerCap Profile

AerCap Holdings N.V. engages in the lease, financing, sale, and management of commercial flight equipment in China, Hong Kong, Macau, the United States, Ireland, and internationally. The company offers aircraft asset management services, such as remarketing aircraft and engines; collecting rental and maintenance rent payments, monitoring aircraft maintenance, monitoring and enforcing contract compliance, and accepting delivery and redelivery of aircraft and engines; and conducting ongoing lessee financial performance reviews.