Brown Advisory Inc. holds $278,000 worth of stock in AerCap Holdings (NYSE:AER)


Brown Advisory Inc. reduced its stake in AerCap Holdings (NYSE:AER – Get Rating) by 6.1% in the first quarter, according to its most recent Form 13F filed with the Securities & Exchange Commission. The fund held 4,245 shares of the financial services provider after selling 275 shares during the quarter. Brown Advisory Inc.’s holdings in AerCap were worth $278,000 at the end of the last quarter.

A number of other institutional investors have also recently increased or reduced their stake in AER. Commonwealth Equity Services LLC bought a new position in AerCap stock in the fourth quarter worth approximately $283,000. Yousif Capital Management LLC bought a new position in AerCap stock in the fourth quarter worth approximately $435,000. CWM LLC bought a new position in AerCap stock in the fourth quarter worth approximately $43,000. Cambridge Investment Research Advisors Inc. bought a new position in AerCap shares in the fourth quarter worth about $201,000. Finally, Atria Investments LLC increased its position in AerCap shares by 38.0% in the fourth quarter. Atria Investments LLC now owns 33,864 shares of the financial services provider valued at $2,215,000 after purchasing an additional 9,320 shares during the period. 96.32% of the shares are currently held by institutional investors and hedge funds.

Changes to analyst ratings

The ARE has been the subject of a number of recent analyst reports. Susquehanna lowered its price target on AerCap shares from $75.00 to $70.00 in a Wednesday May 18 research report. StockNews.com upgraded AerCap shares from a “sell” rating to a “hold” rating in a Monday, July 11 research report. HSBC lowered its price target on AerCap shares from $69.50 to $65.00 and set a “buy” rating on the stock in a Wednesday, May 25 research report. Barclays lowered its price target on AerCap shares from $72.00 to $58.00 and set an “overweight” rating on the stock in a Wednesday July 13 research report. Finally, Credit Suisse Group raised its price target on AerCap shares from $70.00 to $74.00 and gave the stock an “outperform” rating in a research report on Friday. One research analyst gave the stock a hold rating and seven gave the stock a buy rating. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $69.00.

AerCap trades up 4.1%

AerCap shares opened at $50.46 on Friday. The company has a market capitalization of $12.38 billion, a PE ratio of -15.97, a growth price-earnings ratio of 0.73 and a beta of 2.09. The company has a debt ratio of 3.32, a current ratio of 0.31 and a quick ratio of 0.31. The company’s fifty-day moving average price is $42.63 and its two-hundred-day moving average price is $49.35. AerCap Holdings has a 52-week low of $37.20 and a 52-week high of $71.38.

AerCap (NYSE:AER – Get Rating) last announced its quarterly results on Thursday, August 11. The financial services provider reported earnings per share (EPS) of $1.91 for the quarter, beating the consensus estimate of $1.45 by $0.46. The company posted revenue of $1.57 billion for the quarter, compared to analysts’ estimates of $1.65 billion. AerCap had a negative net margin of 17.91% and a positive return on equity of 12.61%. The company’s revenue for the quarter increased 27.0% year over year. In the same quarter a year earlier, the company posted EPS of $2.39. On average, analysts expect AerCap Holdings to post EPS of 6.7 for the current year.

AerCap Company Profile

(Get a rating)

AerCap Holdings NV is engaged in leasing, financing, selling and managing commercial flight equipment in China, Hong Kong, Macao, USA, Ireland and internationally. The Company offers aviation asset management services, such as aircraft and engine remarketing; collect rental and maintenance rents, oversee aircraft maintenance, monitor and enforce compliance with contracts, and accept delivery and return of aircraft and engines; and conducting ongoing reviews of tenant financial performance.

Further reading

Institutional ownership by quarter for AerCap (NYSE:AER)



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