Four Tree Island Advisory LLC Invests $9.76 Million in AerCap Holdings (NYSE:AER)

Four Tree Island Advisory LLC purchased a new stake in shares of AerCap Holdings (NYSE:AER) during the 4th quarter, Holdings Channel reports. The fund purchased 102,000 shares of the financial services provider’s stock, valued at approximately $9,761,000. AerCap makes up 6.7% of Four Tree Island Advisory LLC’s holdings, making the stock its 6th largest position.

Other hedge funds have also recently bought and sold shares of the company. Darsana Capital Partners LP purchased a new position in shares of AerCap during the 3rd quarter valued at $94,720,000. TOMS Capital Investment Management LP purchased a new position in AerCap in the third quarter valued at about $60,526,000. KBC Group NV increased its position in AerCap by 137.8% in the 4th quarter. KBC Group NV now owns 834,452 shares of the financial services provider’s stock worth $79,857,000 after purchasing an additional 483,564 shares during the last quarter. Assenagon Asset Management S.A. raised its stake in shares of AerCap by 176.2% during the 3rd quarter. Assenagon Asset Management S.A. now owns 753,267 shares of the financial services provider’s stock worth $71,349,000 after purchasing an additional 480,551 shares in the last quarter. Finally, Wedge Capital Management L L P NC raised its stake in shares of AerCap by 3,568.6% during the 3rd quarter. Wedge Capital Management L L P NC now owns 427,756 shares of the financial services provider’s stock worth $40,517,000 after purchasing an additional 416,096 shares in the last quarter. 96.42% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities analysts recently commented on the company. Deutsche Bank Aktiengesellschaft increased their price objective on AerCap from $110.00 to $115.00 and gave the stock a “buy” rating in a report on Tuesday, October 22nd. The Goldman Sachs Group restated a “buy” rating and set a $119.00 price target on shares of AerCap in a research note on Thursday, November 21st. One investment analyst has rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat, AerCap currently has a consensus rating of “Moderate Buy” and an average price target of $112.00.

AerCap Trading Up 0.4 %

NYSE:AER opened at $97.76 on Monday. The company’s 50 day moving average is $95.70 and its 200-day moving average is $95.07. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 2.89. AerCap Holdings has a 12 month low of $75.83 and a 12 month high of $100.81. The firm has a market cap of $19.35 billion, a price-to-earnings ratio of 7.75, a P/E/G ratio of 2.13 and a beta of 1.81.

AerCap Company Profile

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.