Todd Asset Management LLC Purchases 5,595 Shares of AerCap Holdings (NYSE:AER)

Todd Asset Management LLC lifted its stake in AerCap Holdings (NYSE:AER) by 1.1% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 523,978 shares of the financial services provider’s stock after purchasing an additional 5,595 shares during the quarter. AerCap comprises about 1.2% of Todd Asset Management LLC’s portfolio, making the stock its 21st largest holding. Todd Asset Management LLC owned about 0.26% of AerCap worth $50,145,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. First Horizon Advisors Inc. increased its holdings in shares of AerCap by 15.3% during the 3rd quarter. First Horizon Advisors Inc. now owns 814 shares of the financial services provider’s stock valued at $77,000 after purchasing an additional 108 shares in the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd boosted its stake in AerCap by 0.6% during the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 19,192 shares of the financial services provider’s stock worth $1,837,000 after purchasing an additional 115 shares during the last quarter. Toth Financial Advisory Corp acquired a new position in shares of AerCap during the 4th quarter valued at about $29,000. Principal Securities Inc. boosted its position in shares of AerCap by 3.3% during the 4th quarter. Principal Securities Inc. now owns 9,664 shares of the financial services provider’s stock valued at $925,000 after acquiring an additional 305 shares during the last quarter. Finally, Atria Wealth Solutions Inc. boosted its position in shares of AerCap by 5.8% during the 4th quarter. Atria Wealth Solutions Inc. now owns 5,547 shares of the financial services provider’s stock valued at $531,000 after acquiring an additional 306 shares during the last quarter. 96.42% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group reiterated a “buy” rating and set a $119.00 price target on shares of AerCap in a research note on Thursday, November 21st. One analyst has rated the stock with a hold rating and six have given a buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $112.00.

AerCap Stock Performance

AerCap stock opened at $101.47 on Tuesday. The stock has a 50 day moving average of $96.67 and a 200-day moving average of $95.82. AerCap Holdings has a 52 week low of $75.96 and a 52 week high of $107.36. The stock has a market cap of $20.08 billion, a P/E ratio of 8.04, a price-to-earnings-growth ratio of 2.22 and a beta of 1.81. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 2.89.

About AerCap

AerCap Holdings N.V. engages in the lease, financing, sale, and management of commercial flight equipment in China, Hong Kong, Macau, the United States, Ireland, and internationally. The company offers aircraft asset management services, such as remarketing aircraft and engines; collecting rental and maintenance rent payments, monitoring aircraft maintenance, monitoring and enforcing contract compliance, and accepting delivery and redelivery of aircraft and engines; and conducting ongoing lessee financial performance reviews.