Aercap Holdings N.V. (AER) Position Maintained by Commonwealth of Pennsylvania Public School Empls Retrmt SYS

Commonwealth of Pennsylvania Public School Empls Retrmt SYS maintained its position in shares of Aercap Holdings N.V. (NYSE:AER) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 23,200 shares of the financial services provider’s stock at the close of the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Aercap Holdings N.V. were worth $1,077,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of AER. BlackRock Inc. lifted its position in shares of Aercap Holdings N.V. by 2,870.3% in the 1st quarter. BlackRock Inc. now owns 6,888,129 shares of the financial services provider’s stock worth $316,648,000 after purchasing an additional 6,656,229 shares during the period. Los Angeles Capital Management & Equity Research Inc. purchased a new stake in shares of Aercap Holdings N.V. in the 1st quarter worth about $37,654,000. Bank of Montreal Can lifted its position in shares of Aercap Holdings N.V. by 213.9% in the 2nd quarter. Bank of Montreal Can now owns 1,078,899 shares of the financial services provider’s stock worth $50,094,000 after purchasing an additional 735,151 shares during the period. Thompson Siegel & Walmsley LLC lifted its position in shares of Aercap Holdings N.V. by 55.3% in the 2nd quarter. Thompson Siegel & Walmsley LLC now owns 2,043,859 shares of the financial services provider’s stock worth $94,896,000 after purchasing an additional 728,189 shares during the period. Finally, Bank of America Corp DE lifted its position in shares of Aercap Holdings N.V. by 21.5% in the 1st quarter. Bank of America Corp DE now owns 3,522,267 shares of the financial services provider’s stock worth $161,918,000 after purchasing an additional 623,585 shares during the period. 88.94% of the stock is owned by hedge funds and other institutional investors.

Several equities research analysts have recently commented on the stock. BidaskClub raised shares of Aercap Holdings N.V. from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, August 9th. Royal Bank Of Canada reaffirmed a “buy” rating and issued a $77.00 target price on shares of Aercap Holdings N.V. in a research report on Friday, August 4th. Zacks Investment Research raised shares of Aercap Holdings N.V. from a “sell” rating to a “hold” rating in a research report on Friday, August 4th. Cowen and Company reaffirmed a “buy” rating and issued a $54.00 target price on shares of Aercap Holdings N.V. in a research report on Tuesday, July 11th. Finally, Morgan Stanley dropped their target price on shares of Aercap Holdings N.V. from $48.00 to $44.00 in a research report on Tuesday, July 4th. One investment analyst has rated the stock with a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of $57.45.

In other Aercap Holdings N.V. news, Director Michael Gradon sold 742 shares of the stock in a transaction dated Monday, August 7th. The shares were sold at an average price of $50.16, for a total transaction of $37,218.72. Following the completion of the sale, the director now directly owns 3,380 shares of the company’s stock, valued at $169,540.80. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Aengus Kelly sold 100,000 shares of the stock in a transaction dated Friday, August 4th. The shares were sold at an average price of $49.87, for a total transaction of $4,987,000.00. Following the sale, the chief executive officer now directly owns 2,231,875 shares of the company’s stock, valued at $111,303,606.25. The disclosure for this sale can be found here.

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Shares of Aercap Holdings N.V. (NYSE AER) opened at 49.17 on Tuesday. The company has a market capitalization of $7.90 billion, a price-to-earnings ratio of 7.75 and a beta of 1.85. Aercap Holdings N.V. has a 1-year low of $36.38 and a 1-year high of $50.90. The firm’s 50-day moving average is $49.11 and its 200-day moving average is $46.39.

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

Aercap Holdings N.V. declared that its board has initiated a stock buyback plan on Thursday, August 3rd that authorizes the company to buyback $250.00 million in outstanding shares. This buyback authorization authorizes the financial services provider to reacquire shares of its stock through open market purchases. Stock buyback plans are usually an indication that the company’s leadership believes its stock is undervalued.

Aercap Holdings N.V. 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.

Institutional Ownership by Quarter for Aercap Holdings N.V. (NYSE:AER)

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