Janney Montgomery Scott LLC grew its stake in shares of AerCap Holdings (NYSE:AER) by 14.8% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 69,221 shares of the financial services provider’s stock after acquiring an additional 8,917 shares during the quarter. Janney Montgomery Scott LLC’s holdings in AerCap were worth $3,982,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Northern Trust Corp lifted its stake in shares of AerCap by 3.1% in the 2nd quarter. Northern Trust Corp now owns 1,594,650 shares of the financial services provider’s stock worth $86,350,000 after purchasing an additional 48,654 shares during the period. Nicola Wealth Management LTD. lifted its stake in shares of AerCap by 119.4% in the 2nd quarter. Nicola Wealth Management LTD. now owns 75,700 shares of the financial services provider’s stock worth $4,119,000 after purchasing an additional 41,200 shares during the period. Comerica Bank raised its stake in AerCap by 1.4% during the 3rd quarter. Comerica Bank now owns 171,817 shares of the financial services provider’s stock worth $8,731,000 after acquiring an additional 2,326 shares during the period. Nomura Asset Management Co. Ltd. raised its stake in AerCap by 14.5% during the 2nd quarter. Nomura Asset Management Co. Ltd. now owns 24,215 shares of the financial services provider’s stock worth $1,311,000 after acquiring an additional 3,068 shares during the period. Finally, Schroder Investment Management Group raised its stake in AerCap by 64.4% during the 2nd quarter. Schroder Investment Management Group now owns 390,128 shares of the financial services provider’s stock worth $21,075,000 after acquiring an additional 152,874 shares during the period. 88.75% of the stock is currently owned by hedge funds and other institutional investors.

NYSE AER traded down $0.56 on Friday, reaching $49.75. 1,379,288 shares of the stock were exchanged, compared to its average volume of 1,388,084. AerCap Holdings has a one year low of $48.10 and a one year high of $58.30. The stock has a market cap of $7.47 billion, a price-to-earnings ratio of 7.86, a PEG ratio of 0.61 and a beta of 1.97. The company has a current ratio of 0.38, a quick ratio of 0.38 and a debt-to-equity ratio of 3.18.

AerCap (NYSE:AER) last announced its quarterly earnings data on Tuesday, October 30th. The financial services provider reported $1.79 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.55 by $0.24. AerCap had a net margin of 21.66% and a return on equity of 12.01%. The business had revenue of $1.17 billion during the quarter, compared to analyst estimates of $1.18 billion. During the same period last year, the firm posted $1.62 EPS. The company’s revenue was down 8.4% on a year-over-year basis. Sell-side analysts forecast that AerCap Holdings will post 6.91 EPS for the current year.

A number of equities research analysts have commented on the stock. Morgan Stanley decreased their target price on shares of AerCap from $54.00 to $49.00 and set an “underweight” rating on the stock in a research note on Wednesday, November 14th. Zacks Investment Research cut shares of AerCap from a “buy” rating to a “hold” rating in a research note on Friday, October 5th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and six have issued a buy rating to the company. AerCap currently has a consensus rating of “Hold” and a consensus price target of $62.00.

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About AerCap

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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Institutional Ownership by Quarter for AerCap (NYSE:AER)

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