On June 25, 2023, &OLD Mission Capital LLC announced they had acquired a new stake in AerCap Holdings (NYSE:AER) during the fourth quarter, as per their latest Securities and Exchange Commission (SEC) filing. The firm had purchased 4,690 shares of the financial services provider’s stock at $274,000 apiece.
The news comes after AerCap reported their quarterly earnings data last May 2nd having a consensus estimate of $2.00 in earnings per share (EPS), with an actual EPS of $2.34 that boosted hopeful numbers with a considerable $0.34 uptick from their projections. With revenue rates amounting to around $1.87 billion from analysts’ estimates of about $1.77 billion for the same quarter year on year, AerCap posted notable figures that projected positivity towards shareholders.
As anticipated by sell-side analysts, this bodes well for those who have stakes or interests in AER Holdings given the promising trajectory it seems to be on financially. Investors recognize this progressive growth and assume that AerCap Holdings will continue to post a whopping 8.77 EPS throughout the current year.
For those curious about what other hedge funds hold AER shares, you can visit HoldingsChannel.com to view more recent 13F filings and insights into insider trades for AerCap Holdings (NYSE:AER). As uncertainty among investors still lingers amidst differing middle- to long-term recovery forecasts globally, it is essential for shareholders to stay updated and informed concerning market developments regularly.
Regardless of various risk factors involved within global markets today brought about by unprecedented times; yet cautious optimism surrounds those who are willing to ride out volatility and wait for potential upswings now and in future months yet untold — positioned steadily with continuously shifting twists and turns shaping up under illuminating skies they watchful minds they operate upon today
AerCap Holdings N.V.
Updated on: 01/03/2024
Debt to equity ratio: Strong Buy
Price to earnings ratio: Neutral
Price to book ratio: Neutral
ROE: Strong Buy
We did not find social sentiment data for this stock
|Analyst / firm
Hedge Funds Gaining Interest in Dublin-Based Flight Equipment Leasing and Financing Company, AerCap Holdings
AerCap Holdings, a Dublin-based company engaged in the leasing and financing of flight equipment, garnered renewed attention from institutional investors and hedge funds during the fourth quarter of last year. According to recent reports, Amundi raised its stake in the company by 5.9%, giving it ownership of 2,729,630 shares worth $167,599,000; Eagle Bay Advisors LLC raised its stake by an impressive 70.5%, enabling it to own 2,581 shares valued at $151,000; HSBC Holdings PLC raised its stake by 41.6%, which translates to 23,084 shares with a value of $992,000; and British Columbia Investment Management Corp and Counterpoint Mutual Funds LLC also made fresh investments in AerCap.
With hedge funds and other institutional investors wielding a sizeable 94.15% of AerCap’s stock as a result of such deals, market watchers have been paying closer attention to the performance and prospects for this financial services provider’s stock. While some research analysts have deprecated AerCap’s performance given its current debt-to-equity ratio of 2.87 and quick current ratio of only 0.28 (against their one year low price target), others remain positive about the company’s prospects.
Citigroup initiated coverage on AerCap back in May this year with a “buy” rating that was accompanied by a target price of $71 per share – recommendations that were matched or exceeded by JPMorgan Chase & Co., StockNews.com and Barclays around the same time. Industry experts suggest that these outlooks can reasonably be expected to shape investors’ opinions over time.
As things stand now then? Well as usual when it comes to stocks there are several data points that may offer insight here: AER opened at $60.61 on Friday and boasts a market capitalization of $14.40 billion — numbers fluctuating based on factors such as P/E ratio (8.60), PEG ratio (1.12) and beta value (1.99). AerCap’s 50-day moving average currently stands at $57.79, while its 200-day moving average moves slightly higher to $58.56.
Of course there are no guarantees when it comes to stock performance, but with hedge funds’ enthusiasm for AerCap growing even in quarters of tightening macro-economic pressures, interested investors may want to take a closer look at the company before risking a purchase.