AerCap Holdings (NYSE:AER) Shares Bought by Canada Pension Plan Investment Board

Canada Pension Plan Investment Board increased its stake in shares of AerCap Holdings (NYSE:AERFree Report) by 28.2% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 146,191 shares of the financial services provider’s stock after purchasing an additional 32,200 shares during the period. Canada Pension Plan Investment Board owned 0.06% of AerCap worth $9,162,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of AER. Quarry LP acquired a new position in shares of AerCap during the 1st quarter worth approximately $25,000. Tower Research Capital LLC TRC purchased a new stake in AerCap in the 3rd quarter worth approximately $41,000. Allworth Financial LP grew its stake in AerCap by 2,460.0% in the 3rd quarter. Allworth Financial LP now owns 768 shares of the financial services provider’s stock worth $48,000 after acquiring an additional 738 shares during the period. Quadrant Capital Group LLC grew its stake in AerCap by 37.9% in the 2nd quarter. Quadrant Capital Group LLC now owns 1,229 shares of the financial services provider’s stock worth $78,000 after acquiring an additional 338 shares during the period. Finally, Desjardins Global Asset Management Inc. grew its stake in 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 worth $89,000 after acquiring an additional 295 shares during the period. 92.00% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

AER has been the subject of several recent analyst reports. 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 target price for the company. JPMorgan Chase & Co. lifted their target price on shares of AerCap from $77.00 to $80.00 and gave the stock an “overweight” rating in a research note on Tuesday, October 31st. Finally, Barclays lifted their target price on shares of AerCap from $80.00 to $84.00 and gave the stock an “overweight” rating in a research note on Thursday, January 25th. Eight equities research analysts have rated the stock with a buy rating, According to MarketBeat, the company has an average rating of “Buy” and a consensus target price of $86.00.

Read Our Latest Stock Report on AER

AerCap Stock Up 0.6 %

Shares of NYSE AER opened at $77.71 on Tuesday. AerCap Holdings has a 52-week low of $49.58 and a 52-week high of $78.79. The firm has a fifty day moving average of $74.49 and a 200-day moving average of $66.94. The stock has a market capitalization of $16.33 billion, a PE ratio of 7.19, a P/E/G ratio of 1.03 and a beta of 1.85. The company has a quick ratio of 0.51, a current ratio of 0.51 and a debt-to-equity ratio of 2.90.

About AerCap

(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.

See Also

Want to see what other hedge funds are holding AER? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for AerCap Holdings (NYSE:AERFree Report).

Institutional Ownership by Quarter for AerCap (NYSE:AER)

Receive News & Ratings for AerCap Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AerCap and related companies with MarketBeat.com's FREE daily email newsletter.