AerCap Holdings (NYSE:AER) is Check Capital Management Inc. CA’s 5th Largest Position

Check Capital Management Inc. CA lessened its stake in AerCap Holdings (NYSE:AER) by 1.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 879,484 shares of the financial services provider’s stock after selling 9,811 shares during the period. AerCap comprises about 2.4% of Check Capital Management Inc. CA’s holdings, making the stock its 5th largest holding. Check Capital Management Inc. CA owned approximately 0.42% of AerCap worth $65,363,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Resonant Capital Advisors LLC bought a new position in AerCap during the 4th quarter valued at approximately $206,000. Ninety One UK Ltd raised its position in AerCap by 93.0% during the 4th quarter. Ninety One UK Ltd now owns 2,425,602 shares of the financial services provider’s stock valued at $180,271,000 after purchasing an additional 1,168,628 shares during the last quarter. Ninety One North America Inc. bought a new position in shares of AerCap in the 4th quarter worth approximately $2,196,000. Daiwa Securities Group Inc. raised its position in shares of AerCap by 6.8% in the 4th quarter. Daiwa Securities Group Inc. now owns 75,360 shares of the financial services provider’s stock worth $5,600,000 after acquiring an additional 4,801 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its position in shares of AerCap by 67.3% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 155,308 shares of the financial services provider’s stock worth $11,542,000 after acquiring an additional 62,463 shares in the last quarter. Institutional investors own 96.42% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently issued reports on AER shares. BMO Capital Markets decreased their target price on AerCap from $103.00 to $101.00 and set an “outperform” rating for the company in a research report on Monday, February 26th. TD Cowen reaffirmed a “buy” rating and issued a $85.00 target price on shares of AerCap in a report on Tuesday, February 27th. Barclays raised their price objective on AerCap from $84.00 to $93.00 and gave the company an “overweight” rating in a research report on Monday, February 26th. Finally, Susquehanna boosted their price objective 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. Eight investment analysts have rated the stock with a buy rating, According to MarketBeat, AerCap has a consensus rating of “Buy” and a consensus target price of $87.71.

AerCap Stock Down 0.6 %

NYSE:AER traded down $0.53 during midday trading on Friday, hitting $83.21. 1,163,151 shares of the company were exchanged, compared to its average volume of 1,574,716. The company has a fifty day simple moving average of $82.23 and a 200 day simple moving average of $73.58. AerCap Holdings has a fifty-two week low of $53.42 and a fifty-two week high of $88.44. The company has a current ratio of 0.33, a quick ratio of 0.33 and a debt-to-equity ratio of 2.80. The company has a market capitalization of $16.47 billion, a PE ratio of 5.91, a price-to-earnings-growth ratio of 2.66 and a beta of 1.85.

AerCap (NYSE:AER) last issued its earnings results on Friday, February 23rd. The financial services provider reported $3.11 earnings per share for the quarter, topping the consensus estimate of $2.44 by $0.67. AerCap had a net margin of 41.37% and a return on equity of 14.92%. The company had revenue of $1.90 billion for the quarter, compared to analyst estimates of $1.94 billion. During the same period in the prior year, the business posted $2.66 earnings per share. The firm’s revenue for the quarter was up 3.8% compared to the same quarter last year. As a group, equities analysts anticipate that AerCap Holdings will post 9.88 earnings per share for the current fiscal year.

About AerCap

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.