Teacher Retirement System of Texas raised its position in shares of AerCap Holdings (NYSE:AER) by 120.3% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 243,864 shares of the financial services provider’s stock after purchasing an additional 133,170 shares during the period. Teacher Retirement System of Texas owned approximately 0.16% of AerCap worth $13,205,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently made changes to their positions in AER. Xact Kapitalforvaltning AB increased its holdings in AerCap by 7.0% in the second quarter. Xact Kapitalforvaltning AB now owns 16,763 shares of the financial services provider’s stock valued at $908,000 after purchasing an additional 1,100 shares during the period. KBC Group NV increased its holdings in AerCap by 7.7% in the first quarter. KBC Group NV now owns 109,207 shares of the financial services provider’s stock valued at $5,539,000 after purchasing an additional 7,777 shares during the period. Natixis Advisors L.P. increased its holdings in AerCap by 26.5% in the first quarter. Natixis Advisors L.P. now owns 24,314 shares of the financial services provider’s stock valued at $1,233,000 after purchasing an additional 5,096 shares during the period. Eagle Global Advisors LLC increased its holdings in AerCap by 37.8% in the first quarter. Eagle Global Advisors LLC now owns 139,930 shares of the financial services provider’s stock valued at $7,097,000 after purchasing an additional 38,383 shares during the period. Finally, Prudential Financial Inc. increased its holdings in AerCap by 5.8% in the first quarter. Prudential Financial Inc. now owns 37,226 shares of the financial services provider’s stock valued at $1,888,000 after purchasing an additional 2,035 shares during the period. Institutional investors and hedge funds own 89.36% of the company’s stock.

A number of research firms recently weighed in on AER. Zacks Investment Research downgraded AerCap from a “buy” rating to a “hold” rating in a report on Friday, August 10th. Morgan Stanley increased their price objective on AerCap from $53.00 to $54.00 and gave the company an “underweight” rating in a report on Monday, August 6th. Barclays decreased their price objective on AerCap from $71.00 to $69.00 and set an “overweight” rating for the company in a report on Tuesday, July 31st. Stephens downgraded AerCap from an “overweight” rating to an “equal weight” rating and set a $64.00 price objective for the company. in a report on Tuesday, July 31st. Finally, ValuEngine downgraded AerCap from a “buy” rating to a “hold” rating in a report on Friday, June 15th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and six have given a buy rating to the company. AerCap has a consensus rating of “Hold” and a consensus price target of $63.00.

AER stock opened at $56.63 on Friday. The stock has a market cap of $8.50 billion, a PE ratio of 8.95, a P/E/G ratio of 1.24 and a beta of 1.88. The company has a current ratio of 0.49, a quick ratio of 0.49 and a debt-to-equity ratio of 3.27. AerCap Holdings has a 1 year low of $47.70 and a 1 year high of $58.30.

AerCap (NYSE:AER) last released its quarterly earnings data on Monday, July 30th. The financial services provider reported $1.70 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.47 by $0.23. The company had revenue of $1.19 billion for the quarter, compared to analysts’ expectations of $1.18 billion. AerCap had a net margin of 21.24% and a return on equity of 12.15%. The business’s revenue was down 5.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.67 EPS. sell-side analysts expect that AerCap Holdings will post 6.53 EPS for the current fiscal year.

AerCap Profile

AerCap Holdings N.V., an aircraft leasing company, engages in the lease, financing, sale, and management of commercial aircraft and engines in Mainland China, Hong Kong, Macau, the United States, Ireland, and internationally. The company provides aircraft asset management services, including remarketing aircraft; collecting rental and maintenance rent payments, monitoring aircraft maintenance, monitoring and enforcing contract compliance, and accepting delivery and redelivery of aircraft; and conducting ongoing lessee financial performance reviews.

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Institutional Ownership by Quarter for AerCap (NYSE:AER)

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