AerCap Holdings (NYSE:AER) Position Increased by Neuberger Berman Group LLC

Neuberger Berman Group LLC raised its holdings in shares of AerCap Holdings (NYSE:AER) by 3.4% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 2,818,377 shares of the financial services provider’s stock after buying an additional 93,833 shares during the period. Neuberger Berman Group LLC’s holdings in AerCap were worth $143,568,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Advisory Services Network LLC bought a new stake in AerCap during the second quarter worth approximately $25,000. Quadrant Capital Group LLC raised its holdings in AerCap by 46.2% in the 2nd quarter. Quadrant Capital Group LLC now owns 687 shares of the financial services provider’s stock worth $35,000 after acquiring an additional 217 shares during the period. Red Door Wealth Management LLC bought a new position in AerCap in the 2nd quarter worth $57,000. PNC Managed Account Solutions Inc. acquired a new stake in AerCap in the 2nd quarter worth $58,000. Finally, Captrust Financial Advisors grew its position in AerCap by 216.9% in the 1st quarter. Captrust Financial Advisors now owns 1,011 shares of the financial services provider’s stock worth $59,000 after purchasing an additional 692 shares during the last quarter. Hedge funds and other institutional investors own 91.01% of the company’s stock.

Separately, Zacks Investment Research lowered shares of AerCap from a “hold” rating to a “sell” rating in a research report on Monday, October 4th. One analyst has rated the stock with a sell rating and six have assigned a buy rating to the company. According to MarketBeat, AerCap has a consensus rating of “Buy” and a consensus target price of $67.29.

Shares of AerCap stock opened at $59.96 on Thursday. The company has a debt-to-equity ratio of 2.97, a quick ratio of 0.53 and a current ratio of 0.53. The firm’s 50-day simple moving average is $55.74 and its 200-day simple moving average is $55.98. AerCap Holdings has a twelve month low of $24.29 and a twelve month high of $63.49. The firm has a market cap of $7.82 billion, a P/E ratio of -21.72, a price-to-earnings-growth ratio of 0.41 and a beta of 2.42.

AerCap (NYSE:AER) last issued its earnings results on Wednesday, July 28th. The financial services provider reported $1.92 earnings per share for the quarter, beating the consensus estimate of $1.38 by $0.54. The business had revenue of $1.23 billion for the quarter, compared to analyst estimates of $1.01 billion. AerCap had a negative net margin of 7.84% and a positive return on equity of 9.32%. On average, equities analysts forecast that AerCap Holdings will post 6.89 earnings per share for the current fiscal year.

AerCap Profile

AerCap Holdings NV engages in aircraft leasing and aviation finance. The firm also provides aircraft owners, financiers and investors with asset services to manage an aircraft portfolio. It operates through leasing, financing, sales, and management of commercial aircraft and engines segment. The company was founded in 1995 and is headquartered in Dublin, Ireland.

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Institutional Ownership by Quarter for AerCap (NYSE:AER)

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