Value Hunters: Look To AerCap Holdings N.V. (AER)


    Wellington Management Co. LLP recently announced the acquisition of new stake in AerCap Holdings N.V. (NYSE:AER). The institutional investor has increased its shareholding in the Industrials company by 40.84% to 8.68 million shares with purchase of 2.52 million shares. This fresh investment now brings its stake to 6.70% valued currently at $233.81 million. In addition, Wells Capital Management, Inc. raised its holdings by 0.36 million to 6.56 million shares. And Lyrical Asset Management LP has lifted its position by 3.69% or 0.18 million shares – to 5.2 million shares.

    With over 1.25 million AerCap Holdings N.V. (AER) shares trading Monday and a closing price of $29.57 on the day, the dollar volume was approximately $36.88 million. The shares have shown a negative weekly performance of -3.90% and its price on 08/31/20 lost nearly -5.92%. Currently, there are 127.43M common shares owned by the public and among those 125.44M shares have been available to trade.

    An analysis of what Wall Street brokers have to say about the expected price targets for this stock gives us this picture: 10 analysts who have offered their price forecasts for AER have a consensus price objective of $46.50. The analysts have set the share’s price value over the next 12 months at a high of $63.00 and a low of $36.00 should the stock experience a downside. Incidentally, analysts’ outlook for the AerCap Holdings N.V. stock is 2.30 for the next 12 months. The average price target is 34.49% above its last price level and an upside to the estimated low will see the stock gain 17.86% over that period. But an upside of 53.06% will see the stock hit the forecast high price target while mean target price for the stock is $45.00.

    Insiders at the company have transacted a total of 0 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 0 of these insider trades were purchases, accounting for 0 shares. Insider sales of the common stock occurred on 0 occasions, with total insider shares sold totaling 0 shares.

    The top 3 mutual fund holders in AerCap Holdings N.V. are Wells Fargo Special Mid Cap Value, Vanguard Selected Value Fund, and Vanguard Explorer Fund. Wells Fargo Special Mid Cap Value owns 4.99 million shares of the company’s stock, all valued at over $134.36 million. Vanguard Selected Value Fund sold 74900.0 shares to see its total holdings shrink to 4.88 million shares valued at over $131.44 million and representing 3.77% of the shares outstanding. Vanguard Explorer Fund bought 0.19 million shares to bring its total holdings to over 1.55 million shares at a value of $41.65 million. Vanguard Explorer Fund now owns shares totaling to 1.19% of the shares outstanding.

    Shares of AerCap Holdings N.V. (NYSE: AER) opened at $31.48, up $0.05 from a prior closing price of $31.43. However, the script later closed the day at $29.57, down -5.92%. The company’s stock has a 5-day price change of -3.90% and -10.15% over the past three months. AER shares are trading -51.90% year to date (YTD), with the 12-month market performance down to -44.85% lower. It has a 12-month low price of $10.42 and touched a high of $64.86 over the same period. Currently, 1.25 million shares have been traded, compared to an average intraday trading volume of 1.34 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -4.09%, -1.86%, and -27.28% respectively.

    Institutional ownership of AerCap Holdings N.V. (NYSE: AER) shares accounts for 96.10% of the company’s 127.43M shares outstanding. Mutual fund holders own 4.58%, while other institutional holders and individual stakeholders account for 55.36% and 36.19% respectively.

    It has a market capitalization of $3.83B and a beta (3y monthly) value of 2.14. The stock’s trailing 12-month PE ratio is 3.52, while the earnings-per-share (ttm) stands at $8.41. The company has a PEG of 7.03 and the debt-to-equity ratio at 0.00. Price movements for the stock have been influenced by the stock’s volatility, which stands at 5.39% over the week and 5.00% over the month.

    Analysts forecast that AerCap Holdings N.V. (AER) will achieve an EPS of $1.43 for the current quarter, $1.32 for the next quarter and $6.38 for 2021. The lowest estimate earnings-per-share for the quarter is $0.89 while analysts give the company a high EPS estimate of $1.76. Comparatively, EPS for the current quarter was $2.01 a year ago. Earnings per share for the fiscal year are expected to increase by 23.40%, and -6.67% over the next financial year. EPS should shrink at an annualized rate of 0.50% over the next five years, compared to 13.20% over the past 5-year period.

    If you are looking to buy this stock, then you may note that the average analyst recommendation by 10 brokerage firm advisors rate AerCap Holdings N.V. (AER) as a “Moderate Buy” at a consensus score of 2.30. Specifically, 7 Wall Street analysts polled rate the stock as a buy, while 3 of the 10 advise that investors “hold,” and 0 rated it as a “Sell.”

    Looking at the support for the AER, a number of firms have released research notes about the stock. BofA/Merrill stated their Neutral rating for the stock in a research note on June 01, 2020, with the firm’s price target at. Cowen coverage for the AerCap Holdings N.V. (AER) stock in a research note released on July 30, 2019 offered a Outperform rating with a price target of $60. Goldman was of a view on April 08, 2019 that the stock is Neutral, while Stephens gave the stock Equal-Weight rating on July 31, 2018, issuing a price target of. Cowen on their part issued Outperform rating on May 04, 2018.


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