Kovitz Investment Group Partners LLC Acquires Shares of 8,556 AerCap Holdings (NYSE:AER)

Kovitz Investment Group Partners LLC acquired a new stake in shares of AerCap Holdings (NYSE:AERFree Report) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 8,556 shares of the financial services provider’s stock, valued at approximately $536,000.

A number of other hedge funds have also bought and sold shares of the company. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its stake in shares of AerCap by 0.9% during the fourth quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 21,224 shares of the financial services provider’s stock valued at $1,238,000 after purchasing an additional 190 shares during the period. Bfsg LLC increased its stake in AerCap by 1.5% during the 2nd quarter. Bfsg LLC now owns 13,889 shares of the financial services provider’s stock valued at $882,000 after purchasing an additional 211 shares in the last quarter. Signaturefd LLC increased its position in shares of AerCap by 6.4% in the 2nd quarter. Signaturefd LLC now owns 3,861 shares of the financial services provider’s stock valued at $245,000 after acquiring an additional 231 shares during the period. Desjardins Global Asset Management Inc. increased its position in shares of AerCap by 26.7% in the 2nd quarter. Desjardins Global Asset Management Inc. now owns 1,399 shares of the financial services provider’s stock valued at $89,000 after acquiring an additional 295 shares during the period. Finally, Quadrant Capital Group LLC increased its position in shares of AerCap by 37.9% in the 2nd quarter. Quadrant Capital Group LLC now owns 1,229 shares of the financial services provider’s stock valued at $78,000 after acquiring an additional 338 shares during the period. Institutional investors own 92.00% of the company’s stock.

Analyst Upgrades and Downgrades

AER has been the topic of a number of analyst reports. JPMorgan Chase & Co. raised their target price on AerCap from $77.00 to $80.00 and gave the company an “overweight” rating in a research report on Tuesday, October 31st. BMO Capital Markets initiated coverage on shares of AerCap in a research note on Wednesday, January 10th. They issued an “outperform” rating and a $103.00 price target for the company. Finally, Barclays boosted their price target on shares of AerCap from $80.00 to $84.00 and gave the company an “overweight” rating in a research report on Thursday, January 25th. Eight research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of $86.00.

Read Our Latest Stock Report on AerCap

AerCap Price Performance

NYSE AER opened at $77.27 on Monday. The company has a quick ratio of 0.51, a current ratio of 0.51 and a debt-to-equity ratio of 2.90. The stock has a market capitalization of $16.24 billion, a PE ratio of 7.15, a price-to-earnings-growth ratio of 1.02 and a beta of 1.85. The company has a 50 day moving average price of $74.32 and a two-hundred day moving average price of $66.84. AerCap Holdings has a 12-month low of $49.58 and a 12-month high of $78.79.

AerCap Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for AerCap (NYSE:AER)

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