Aercap Holdings N.V. (NYSE:AER) Cut to “Hold” at BidaskClub

BidaskClub lowered shares of Aercap Holdings N.V. (NYSE:AER) from a buy rating to a hold rating in a report published on Thursday, June 22nd.

Several other equities analysts have also commented on AER. Zacks Investment Research raised Aercap Holdings N.V. from a sell rating to a hold rating in a report on Thursday, February 23rd. Royal Bank Of Canada restated an outperform rating and issued a $73.00 price objective (up previously from $72.00) on shares of Aercap Holdings N.V. in a research report on Wednesday, February 22nd. Citigroup Inc. restated a buy rating and issued a $57.00 price objective (up previously from $54.00) on shares of Aercap Holdings N.V. in a research report on Monday, May 15th. ValuEngine downgraded shares of Aercap Holdings N.V. from a strong-buy rating to a buy rating in a research report on Friday, June 2nd. Finally, Credit Suisse Group restated a buy rating and issued a $56.00 price objective on shares of Aercap Holdings N.V. in a research report on Wednesday, May 24th. Two analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The company presently has an average rating of Buy and a consensus price target of $55.91.

Shares of Aercap Holdings N.V. (NYSE:AER) traded up 0.72% during mid-day trading on Thursday, hitting $47.46. The stock had a trading volume of 57,353 shares. The company has a market cap of $7.90 billion, a PE ratio of 8.07 and a beta of 1.86. The stock’s 50-day moving average is $45.19 and its 200 day moving average is $44.67. Aercap Holdings N.V. has a 12 month low of $33.49 and a 12 month high of $49.66.

Aercap Holdings N.V. (NYSE:AER) last posted its earnings results on Tuesday, May 9th. The financial services provider reported $1.38 EPS for the quarter, missing the consensus estimate of $1.45 by $0.07. The business had revenue of $1.24 billion during the quarter, compared to analysts’ expectations of $1.19 billion. Aercap Holdings N.V. had a net margin of 21.39% and a return on equity of 14.60%. The business’s quarterly revenue was down 6.2% compared to the same quarter last year. During the same period last year, the company earned $1.53 EPS. On average, equities research analysts forecast that Aercap Holdings N.V. will post $5.84 earnings per share for the current fiscal year.

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In other Aercap Holdings N.V. news, COO Dikken Wouter Marinus Den sold 50,000 shares of the business’s stock in a transaction on Tuesday, May 30th. The shares were sold at an average price of $43.99, for a total value of $2,199,500.00. Following the transaction, the chief operating officer now owns 205,808 shares in the company, valued at approximately $9,053,493.92. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director James N. Chapman sold 4,000 shares of the business’s stock in a transaction on Thursday, May 11th. The stock was sold at an average price of $44.58, for a total transaction of $178,320.00. Following the completion of the transaction, the director now owns 11,261 shares in the company, valued at approximately $502,015.38. The disclosure for this sale can be found here.

Large investors have recently modified their holdings of the stock. Financial Architects Inc raised its stake in shares of Aercap Holdings N.V. by 97.0% in the first quarter. Financial Architects Inc now owns 2,484 shares of the financial services provider’s stock worth $114,000 after buying an additional 1,223 shares during the period. Israel Discount Bank of New York bought a new stake in shares of Aercap Holdings N.V. during the first quarter worth about $124,000. James Investment Research Inc. bought a new stake in shares of Aercap Holdings N.V. during the first quarter worth about $146,000. Integrated Investment Consultants LLC increased its stake in shares of Aercap Holdings N.V. by 33.3% in the first quarter. Integrated Investment Consultants LLC now owns 3,345 shares of the financial services provider’s stock worth $154,000 after buying an additional 835 shares in the last quarter. Finally, Atria Investments LLC acquired a new stake in shares of Aercap Holdings N.V. during the second quarter worth $211,000. Institutional investors and hedge funds own 86.37% of the company’s stock.

Aercap Holdings N.V. Company Profile

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. It operates its business on a global basis, leasing aircraft to customers in various geographical regions.

Analyst Recommendations for Aercap Holdings N.V. (NYSE:AER)

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