Shares of AerCap Holdings (NYSE:AER) have earned a consensus rating of “Hold” from the seven brokerages that are covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and three have given a buy recommendation to the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is $61.60.
Several equities research analysts recently weighed in on AER shares. Zacks Investment Research raised shares of AerCap from a “hold” rating to a “buy” rating and set a $52.00 price objective for the company in a report on Monday, January 14th. ValuEngine downgraded shares of AerCap from a “hold” rating to a “sell” rating in a report on Tuesday, March 5th. Finally, Barclays set a $64.00 price objective on shares of AerCap and gave the stock a “buy” rating in a report on Friday, December 14th.
A number of hedge funds have recently bought and sold shares of AER. Riverview Trust Co acquired a new stake in AerCap in the 4th quarter valued at about $29,000. Liberty Wealth Management LLC acquired a new stake in AerCap in the 4th quarter valued at about $30,000. Penserra Capital Management LLC acquired a new stake in AerCap in the 4th quarter valued at about $30,000. Advisors Asset Management Inc. lifted its holdings in AerCap by 56.4% in the 4th quarter. Advisors Asset Management Inc. now owns 1,645 shares of the financial services provider’s stock valued at $65,000 after acquiring an additional 593 shares during the last quarter. Finally, Stamos Capital Partners L.P. acquired a new stake in AerCap in the 4th quarter valued at about $103,000. 85.35% of the stock is owned by institutional investors and hedge funds.
AerCap (NYSE:AER) last posted its quarterly earnings data on Thursday, February 14th. The financial services provider reported $1.62 earnings per share for the quarter, missing the consensus estimate of $1.67 by ($0.05). The company had revenue of $1.22 billion during the quarter, compared to analyst estimates of $1.23 billion. AerCap had a return on equity of 11.55% and a net margin of 21.16%. The business’s revenue for the quarter was down 3.4% compared to the same quarter last year. During the same period in the previous year, the company earned $1.67 EPS. Equities research analysts predict that AerCap will post 6.6 EPS for the current year.
AerCap Company Profile
AerCap Holdings N.V., an aircraft leasing company, engages in the lease, financing, sale, and management of commercial aircraft and engines in China, the United States, Ireland, and internationally. The company offers 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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