Latest Stocks: ValuEngine Downgrades AerCap Holdings (AER) to Buy

Latest Stocks: ValuEngine Downgrades AerCap Holdings (AER) to Buy

AerCap Holdings (NYSE:AER) was downgraded by investment analysts at ValuEngine from a “strong-buy” rating to a “buy” rating in a research note issued to investors on Friday.

A number of other equities analysts have also commented on the stock. Credit Suisse Group AG reissued a “buy” rating and issued a $56.00 price target on shares of AerCap Holdings in a report on Wednesday, May 24th. Citigroup Inc reaffirmed a “buy” rating and issued a $57.00 price objective (up previously from $54.00) on shares of AerCap Holdings in a research note on Monday, May 15th. Royal Bank of Canada reaffirmed a “buy” rating and issued a $73.00 price objective on shares of AerCap Holdings in a research note on Friday, April 21st. FBR & Co reaffirmed an “outperform” rating and issued a $53.00 price objective on shares of AerCap Holdings in a research note on Monday, April 17th. Finally, Morgan Stanley cut shares of AerCap Holdings from an “overweight” rating to an “equal weight” rating and cut their price objective for the company from $48.00 to $44.00 in a research note on Thursday, April 6th. Two investment analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. AerCap Holdings has a consensus rating of “Buy” and an average target price of $55.56.

AerCap Holdings (NYSE AER) opened at 44.85 on Friday. The stock’s 50 day moving average is $44.92 and its 200-day moving average is $44.46. The firm has a market cap of $7.46 billion, a price-to-earnings ratio of 7.62 and a beta of 1.59. AerCap Holdings has a one year low of $31.45 and a one year high of $49.66.

AerCap Holdings (NYSE:AER) last issued its quarterly earnings results on Tuesday, May 9th. The financial services provider reported $1.38 EPS for the quarter, missing the Zacks’ consensus estimate of $1.45 by $0.07. The company had revenue of $1.24 billion during the quarter, compared to the consensus estimate of $1.19 billion. AerCap Holdings had a return on equity of 14.06% and a net margin of 18.48%. AerCap Holdings’s quarterly revenue was down 6.2% on a year-over-year basis. During the same period in the previous year, the company earned $1.53 EPS. On average, equities research analysts expect that AerCap Holdings will post $5.84 earnings per share for the current fiscal year. In other news, COO Dikken Wouter Marinus Den sold 50,000 shares of the company’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 completion of the sale, the chief operating officer now owns 205,808 shares of the company’s stock, valued at approximately $9,053,493.92. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director James N. Chapman sold 4,000 shares of the company’s stock in a transaction on Thursday, May 11th. The shares were sold at an average price of $44.58, for a total transaction of $178,320.00. Following the completion of the sale, the director now directly owns 11,261 shares of the company’s stock, valued at approximately $502,015.38. The disclosure for this sale can be found here. Insiders sold a total of 129,000 shares of company stock valued at $5,749,070 in the last ninety days.

Large investors have recently made changes to their positions in the stock. Aviva PLC boosted its stake in shares of AerCap Holdings by 8.1% in the fourth quarter. Aviva PLC now owns 109,673 shares of the financial services provider’s stock valued at $4,563,000 after buying an additional 8,228 shares during the last quarter. Trexquant Investment LP purchased a new stake in shares of AerCap Holdings during the fourth quarter valued at $949,000. State Street Corp boosted its stake in shares of AerCap Holdings by 6.3% in the fourth quarter. State Street Corp now owns 3,565,416 shares of the financial services provider’s stock valued at $148,360,000 after buying an additional 212,585 shares during the last quarter. State Board of Administration of Florida Retirement System boosted its stake in shares of AerCap Holdings by 19.2% in the fourth quarter. State Board of Administration of Florida Retirement System now owns 6,828 shares of the financial services provider’s stock valued at $284,000 after buying an additional 1,100 shares during the last quarter. Finally, Commerzbank Aktiengesellschaft FI boosted its stake in shares of AerCap Holdings by 4.2% in the fourth quarter. Commerzbank Aktiengesellschaft FI now owns 6,817 shares of the financial services provider’s stock valued at $284,000 after buying an additional 274 shares during the last quarter. 89.40% of the stock is owned by institutional investors and hedge funds. AerCap Holdings Company Profile

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