B. Riley Wealth Advisors Inc. Buys Shares of 3,502 AerCap Holdings (NYSE:AER)

B. Riley Wealth Advisors Inc. bought a new stake in AerCap Holdings (NYSE:AERFree Report) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 3,502 shares of the financial services provider’s stock, valued at approximately $219,000.

Other large investors also recently bought and sold shares of the company. JPMorgan Chase & Co. increased its stake in AerCap by 105.4% during the first quarter. JPMorgan Chase & Co. now owns 274,411 shares of the financial services provider’s stock worth $13,797,000 after purchasing an additional 140,800 shares during the period. Bank of Montreal Can increased its stake in AerCap by 589.5% during the first quarter. Bank of Montreal Can now owns 41,378 shares of the financial services provider’s stock worth $2,129,000 after purchasing an additional 35,377 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new stake in AerCap during the first quarter worth about $745,000. BlackRock Inc. increased its stake in AerCap by 90.7% during the first quarter. BlackRock Inc. now owns 5,767,535 shares of the financial services provider’s stock worth $289,992,000 after purchasing an additional 2,743,035 shares during the period. Finally, APG Asset Management N.V. purchased a new stake in AerCap during the first quarter worth about $203,000. Institutional investors and hedge funds own 92.00% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on AER shares. BMO Capital Markets cut their target price on shares of AerCap from $103.00 to $101.00 and set an “outperform” rating on the stock in a research note on Monday, February 26th. Barclays upped their target price on shares of AerCap from $84.00 to $93.00 and gave the stock an “overweight” rating in a research note on Monday, February 26th. Susquehanna upped their target price on shares of AerCap from $80.00 to $90.00 and gave the stock a “positive” rating in a research note on Monday, February 26th. Finally, TD Cowen reiterated a “buy” rating and issued a $85.00 price target on shares of AerCap in a research note on Tuesday, February 27th. Eight research analysts have rated the stock with a buy rating, According to MarketBeat.com, AerCap has an average rating of “Buy” and a consensus price target of $87.71.

View Our Latest Stock Analysis on AER

AerCap Price Performance

Shares of NYSE AER opened at $86.51 on Monday. AerCap Holdings has a 1-year low of $49.58 and a 1-year high of $87.24. The company has a debt-to-equity ratio of 2.80, a current ratio of 0.33 and a quick ratio of 0.33. The stock has a fifty day moving average price of $78.78 and a 200 day moving average price of $70.65. The company has a market cap of $17.12 billion, a PE ratio of 6.12, a P/E/G ratio of 1.20 and a beta of 1.84.

AerCap (NYSE:AERGet Free Report) last issued its earnings results on Friday, February 23rd. The financial services provider reported $3.11 EPS for the quarter, topping the consensus estimate of $2.44 by $0.67. The company had revenue of $1.90 billion for the quarter, compared to analyst estimates of $1.94 billion. AerCap had a net margin of 41.37% and a return on equity of 14.92%. The business’s revenue was up 3.8% on a year-over-year basis. During the same period in the previous year, the firm earned $2.66 EPS. Sell-side analysts forecast that AerCap Holdings will post 10.04 EPS for the current year.

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

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.