The AerCap Holdings NV (AER) Position Cut by Moore Capital Management LP

The AerCap Holdings NV (AER) Position Cut by Moore Capital Management LP

Moore Capital Management LP reduced its position in shares of AerCap Holdings NV (NYSE:AER) by 17.2% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 628,018 shares of the company’s stock after selling 130,591 shares during the period. AerCap Holdings NV accounts for 0.8% of Moore Capital Management LP’s holdings, making the stock its 18th largest position. Moore Capital Management LP owned about 0.34% of AerCap Holdings NV worth $24,172,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in AER. HighVista Strategies LLC increased its stake in AerCap Holdings NV by 1.2% in the third quarter. HighVista Strategies LLC now owns 25,200 shares of the company’s stock worth $970,000 after buying an additional 300 shares during the period. Hsbc Holdings PLC increased its position in AerCap Holdings NV by 96.7% in the third quarter. Hsbc Holdings PLC now owns 35,741 shares of the company’s stock valued at $1,376,000 after buying an additional 17,569 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank increased its position in AerCap Holdings NV by 35.5% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 53,754 shares of the company’s stock valued at $2,028,000 after buying an additional 14,082 shares during the period. AMP Capital Investors Ltd increased its position in AerCap Holdings NV by 32.5% in the third quarter. AMP Capital Investors Ltd now owns 53,608 shares of the company’s stock valued at $2,024,000 after buying an additional 13,146 shares during the period. Finally, Commonwealth Bank of Australia increased its position in AerCap Holdings NV by 85.7% in the third quarter. Commonwealth Bank of Australia now owns 27,300 shares of the company’s stock valued at $1,050,000 after buying an additional 12,600 shares during the period. 90.05% of the stock is owned by institutional investors.

AerCap Holdings NV (NYSE:AER) opened at 42.53 on Thursday. The firm has a market capitalization of $7.59 billion, a price-to-earnings ratio of 8.70 and a beta of 1.60. AerCap Holdings NV has a 1-year low of $24.61 and a 1-year high of $45.53. The stock has a 50 day moving average price of $43.01 and a 200 day moving average price of $40.18.

AerCap Holdings NV (NYSE:AER) last announced its quarterly earnings data on Tuesday, November 8th. The company reported $1.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.44 by $0.24. The firm earned $1.23 billion during the quarter, compared to the consensus estimate of $1.20 billion. AerCap Holdings NV had a return on equity of 14.06% and a net margin of 18.48%. The business’s revenue for the quarter was down 7.3% on a year-over-year basis. During the same period in the prior year, the business earned $1.64 EPS. Analysts predict that AerCap Holdings NV will post $6.29 EPS for the current year.

A number of analysts recently commented on the company. Zacks Investment Research cut AerCap Holdings NV from a “hold” rating to a “sell” rating in a research report on Tuesday. RBC Capital Markets reiterated a “buy” rating and set a $72.00 price objective on shares of AerCap Holdings NV in a research report on Friday, January 6th. Compass Point assumed coverage on AerCap Holdings NV in a research report on Wednesday, January 4th. They set a “buy” rating and a $60.00 price objective for the company. FBR & Co restated a “buy” rating on shares of AerCap Holdings NV in a report on Monday, November 21st. Finally, Credit Suisse Group AG restated a “buy” rating and issued a $55.00 price target on shares of AerCap Holdings NV in a report on Thursday, November 17th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and twelve have given a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus target price of $55.96.

In related news, Director Michael Gradon sold 1,091 shares of the stock in a transaction dated Monday, November 21st. The stock was sold at an average price of $44.57, for a total value of $48,625.87. Following the completion of the sale, the director now directly owns 4,122 shares of the company’s stock, valued at approximately $183,717.54. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Aengus Kelly sold 100,000 shares of the stock in a transaction dated Monday, December 12th. The stock was sold at an average price of $43.71, for a total value of $4,371,000.00. Following the completion of the sale, the chief executive officer now directly owns 2,331,875 shares of the company’s stock, valued at $101,926,256.25. The disclosure for this sale can be found here.

About AerCap Holdings NV

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. The Company operates its business on a global basis, leasing aircraft to customers in various geographical region.

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