Thrivent Financial for Lutherans Grows Stock Position in Aercap Holdings N.V. $AER

Thrivent Financial for Lutherans boosted its position in shares of Aercap Holdings N.V. (NYSE:AER) by 1,195.8% in the third quarter, Holdings Channel.com reports. The firm owned 380,278 shares of the financial services provider’s stock after acquiring an additional 350,932 shares during the period. Thrivent Financial for Lutherans’ holdings in Aercap were worth $46,014,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Independent Advisor Alliance increased its position in shares of Aercap by 16.5% during the third quarter. Independent Advisor Alliance now owns 2,821 shares of the financial services provider’s stock worth $341,000 after acquiring an additional 400 shares during the last quarter. National Pension Service grew its stake in Aercap by 11.1% during the 3rd quarter. National Pension Service now owns 625,758 shares of the financial services provider’s stock valued at $75,717,000 after purchasing an additional 62,479 shares in the last quarter. AustralianSuper Pty Ltd increased its holdings in Aercap by 185.0% during the 3rd quarter. AustralianSuper Pty Ltd now owns 636,906 shares of the financial services provider’s stock worth $77,066,000 after purchasing an additional 413,428 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. raised its position in shares of Aercap by 1.2% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 20,518 shares of the financial services provider’s stock valued at $2,483,000 after purchasing an additional 240 shares in the last quarter. Finally, Bensler LLC boosted its stake in shares of Aercap by 4.0% during the 3rd quarter. Bensler LLC now owns 40,846 shares of the financial services provider’s stock valued at $4,942,000 after buying an additional 1,579 shares during the last quarter. Institutional investors and hedge funds own 96.42% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have weighed in on AER shares. Susquehanna raised their price objective on shares of Aercap from $134.00 to $157.00 and gave the stock a “positive” rating in a report on Tuesday, November 11th. Weiss Ratings reiterated a “buy (b+)” rating on shares of Aercap in a research note on Wednesday, January 21st. Truist Financial began coverage on Aercap in a research note on Tuesday, December 9th. They set a “buy” rating and a $159.00 price objective on the stock. Barclays increased their target price on Aercap from $144.00 to $162.00 and gave the stock an “overweight” rating in a report on Tuesday, January 6th. Finally, Bank of America boosted their price target on Aercap from $130.00 to $150.00 and gave the company a “buy” rating in a report on Tuesday, November 4th. Seven analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $148.86.

Aercap Price Performance

Shares of NYSE AER opened at $145.23 on Tuesday. The stock has a market cap of $27.13 billion, a P/E ratio of 6.88, a P/E/G ratio of 0.74 and a beta of 1.05. The firm’s 50-day simple moving average is $142.11 and its 200 day simple moving average is $128.79. Aercap Holdings N.V. has a fifty-two week low of $85.57 and a fifty-two week high of $149.24. The company has a quick ratio of 0.30, a current ratio of 0.30 and a debt-to-equity ratio of 2.43.

About Aercap

AerCap Holdings N.V. (NYSE: AER) is a global aircraft leasing and aviation finance company that acquires, leases, sells and manages commercial aircraft and engines. Its core services include operating leases, finance leases, sale-and-leaseback transactions, aircraft trading and remarketing, and asset management for airline customers. The company also provides related commercial and technical support services designed to optimize fleet utilization and residual values over the life cycle of aircraft and engines.

Operating with a broad global footprint, AerCap serves airlines and other aviation customers across North America, Europe, Asia-Pacific, Latin America, the Middle East and Africa.