AerCap Holdings (NYSE:AER) Shares Acquired by Sumitomo Mitsui Trust Group Inc.

Sumitomo Mitsui Trust Group Inc. raised its stake in AerCap Holdings (NYSE:AER) by 2.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 400,770 shares of the financial services provider’s stock after purchasing an additional 8,043 shares during the quarter. Sumitomo Mitsui Trust Group Inc. owned about 0.20% of AerCap worth $38,354,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Toth Financial Advisory Corp purchased a new stake in shares of AerCap during the 4th quarter worth about $29,000. Truvestments Capital LLC acquired a new stake in shares of AerCap in the third quarter worth $35,000. Fortitude Family Office LLC purchased a new position in shares of AerCap in the 4th quarter valued at $38,000. UMB Bank n.a. lifted its holdings in shares of AerCap by 35.5% during the 3rd quarter. UMB Bank n.a. now owns 664 shares of the financial services provider’s stock valued at $63,000 after acquiring an additional 174 shares in the last quarter. Finally, Transamerica Financial Advisors Inc. purchased a new stake in AerCap during the 3rd quarter worth $64,000. 96.42% of the stock is currently owned by institutional investors and hedge funds.

AerCap Stock Down 1.0 %

Shares of NYSE AER opened at $96.79 on Tuesday. The company has a debt-to-equity ratio of 2.89, a quick ratio of 0.67 and a current ratio of 0.67. AerCap Holdings has a 1 year low of $75.83 and a 1 year high of $100.81. The stock’s 50-day simple moving average is $95.67 and its 200-day simple moving average is $95.09. The firm has a market cap of $19.16 billion, a price-to-earnings ratio of 7.67, a PEG ratio of 2.13 and a beta of 1.81.

Analysts Set New Price Targets

Several research analysts have commented on AER shares. The Goldman Sachs Group reissued a “buy” rating and issued a $119.00 price objective on shares of AerCap in a research report on Thursday, November 21st. Deutsche Bank Aktiengesellschaft boosted their price target on AerCap from $110.00 to $115.00 and gave the stock a “buy” rating in a research report on Tuesday, October 22nd. 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 has a consensus rating of “Moderate Buy” and a consensus target price of $112.00.

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.