Published On: Tue, Sep 20th, 2016

AerCap Holdings NV (AER) Given “Hold” Rating at FBR & Co

AerCap Holdings NV (NYSE:AER)‘s stock had its “hold” rating reiterated by analysts at FBR & Co in a research note issued to investors on Monday. They presently have a $40.00 price objective on the stock. FBR & Co’s target price would suggest a potential upside of 3.52% from the company’s previous close.
A number of other brokerages have also recently weighed in on AER. Zacks Investment Research upgraded AerCap Holdings NV from a “hold” rating to a “buy” rating and set a $41.00 price target on the stock in a research report on Tuesday, July 26th. RBC Capital Markets reissued an “outperform” rating and issued a $74.00 price objective (up from $72.00) on shares of AerCap Holdings NV in a report on Friday, August 12th. Royal Bank Of Canada increased their price objective on AerCap Holdings NV from $72.00 to $74.00 and gave the stock an “outperform” rating in a report on Thursday, August 11th. Finally, DA Davidson reissued a “buy” rating on shares of AerCap Holdings NV in a report on Monday, August 15th. Three research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus price target of $54.14.

AerCap Holdings NV (NYSE:AER) traded down 1.00% during trading on Monday, hitting $38.64. The stock had a trading volume of 1,649,529 shares. The firm’s 50-day moving average price is $38.82 and its 200-day moving average price is $38.05. AerCap Holdings NV has a 1-year low of $24.61 and a 1-year high of $46.32. The stock has a market cap of $7.13 billion, a PE ratio of 7.48 and a beta of 1.69.

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AerCap Holdings NV (NYSE:AER) last announced its quarterly earnings results on Tuesday, August 9th. The company reported $1.53 earnings per share for the quarter, topping analysts’ consensus estimates of $1.48 by $0.05. The business had revenue of $1.24 billion for the quarter, compared to analysts’ expectations of $1.23 billion. AerCap Holdings NV had a return on equity of 14.40% and a net margin of 19.44%. The business’s quarterly revenue was down 7.3% on a year-over-year basis. During the same period in the prior year, the firm earned $1.73 EPS. On average, equities research analysts predict that AerCap Holdings NV will post $5.86 earnings per share for the current fiscal year.
Large investors have recently added to or reduced their stakes in the company. M&T Bank Corp raised its stake in AerCap Holdings NV by 282.7% in the first quarter. M&T Bank Corp now owns 36,043 shares of the company’s stock valued at $1,398,000 after buying an additional 26,625 shares in the last quarter. TimesSquare Capital Management LLC raised its stake in AerCap Holdings NV by 3.8% in the first quarter. TimesSquare Capital Management LLC now owns 3,588,350 shares of the company’s stock valued at $139,084,000 after buying an additional 130,300 shares in the last quarter. Howard Hughes Medical Institute raised its stake in AerCap Holdings NV by 3.3% in the first quarter. Howard Hughes Medical Institute now owns 46,337 shares of the company’s stock valued at $1,796,000 after buying an additional 1,465 shares in the last quarter. BlackRock Japan Co. Ltd raised its stake in AerCap Holdings NV by 0.3% in the first quarter. BlackRock Japan Co. Ltd now owns 107,335 shares of the company’s stock valued at $4,160,000 after buying an additional 288 shares in the last quarter. Finally, BlackRock Group LTD raised its stake in AerCap Holdings NV by 6.9% in the first quarter. BlackRock Group LTD now owns 1,036,538 shares of the company’s stock valued at $40,175,000 after buying an additional 66,822 shares in the last quarter. 88.83% of the stock is owned by institutional investors and hedge funds.
About AerCap Holdings NV
AerCap Holdings N.V. is an independent aircraft leasing company. The Company focuses on acquiring in-demand aircraft, funding them, hedging interest rate risk and using its platform to deploy these assets. The Company operates its business on a global basis, leasing aircraft to customers in various geographical region.

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