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

Check Capital Management Inc. CA lessened its position in shares of AerCap Holdings (NYSE:AER) by 1.1% in the fourth quarter, Holdings Channel reports. The fund owned 879,484 shares of the financial services provider’s stock after selling 9,811 shares during the quarter. AerCap comprises 2.4% of Check Capital Management Inc. CA’s investment portfolio, making the stock its 5th biggest holding. Check Capital Management Inc. CA’s holdings in AerCap were worth $65,363,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the company. Quarry LP bought a new position in AerCap during the first quarter valued at approximately $25,000. Optiver Holding B.V. bought a new position in AerCap during the third quarter valued at approximately $32,000. Allworth Financial LP boosted its stake in AerCap by 2,460.0% during the third quarter. Allworth Financial LP now owns 768 shares of the financial services provider’s stock valued at $48,000 after buying an additional 738 shares during the last quarter. Tower Research Capital LLC TRC bought a new position in AerCap during the third quarter valued at approximately $41,000. Finally, Bourgeon Capital Management LLC boosted its stake in AerCap by 20,000.0% during the fourth quarter. Bourgeon Capital Management LLC now owns 1,005 shares of the financial services provider’s stock valued at $75,000 after buying an additional 1,000 shares during the last quarter. Hedge funds and other institutional investors own 96.42% of the company’s stock.

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 traded hands, compared to its average volume of 1,574,716. The company has a debt-to-equity ratio of 2.80, a current ratio of 0.33 and a quick ratio of 0.33. The company has a market cap 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. The company’s 50-day simple moving average is $82.23 and its 200-day simple moving average is $73.58. AerCap Holdings has a 52 week low of $53.42 and a 52 week high of $88.44.

AerCap (NYSE:AER) last announced its earnings results on Friday, February 23rd. The financial services provider reported $3.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.44 by $0.67. The business had revenue of $1.90 billion for the quarter, compared to analysts’ expectations of $1.94 billion. AerCap had a return on equity of 14.92% and a net margin of 41.37%. The business’s revenue for the quarter was up 3.8% on a year-over-year basis. During the same quarter last year, the firm earned $2.66 EPS. As a group, equities research analysts forecast that AerCap Holdings will post 9.88 earnings per share for the current year.

Analysts Set New Price Targets

A number of brokerages recently commented on AER. BMO Capital Markets dropped their price target on AerCap from $103.00 to $101.00 and set an “outperform” rating for the company in a research note on Monday, February 26th. TD Cowen restated a “buy” rating and set a $85.00 price objective on shares of AerCap in a research report on Tuesday, February 27th. Barclays increased their price target on AerCap from $84.00 to $93.00 and gave the stock an “overweight” rating in a report on Monday, February 26th. Finally, Susquehanna increased their price target on AerCap from $80.00 to $90.00 and gave the stock a “positive” rating in a report on Monday, February 26th. Eight research analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock presently has an average rating of “Buy” and an average price target of $87.71.

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.