Callan Capital LLC Acquires 764 Shares of AerCap Holdings (NYSE:AER)

Callan Capital LLC grew its holdings in AerCap Holdings (NYSE:AER) by 27.9% in the 4th quarter, Holdings Channel reports. The fund owned 3,501 shares of the financial services provider’s stock after purchasing an additional 764 shares during the quarter. Callan Capital LLC’s holdings in AerCap were worth $335,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the business. First Horizon Advisors Inc. increased its holdings in shares of AerCap by 15.3% in the third quarter. First Horizon Advisors Inc. now owns 814 shares of the financial services provider’s stock worth $77,000 after acquiring an additional 108 shares in the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd boosted its position in shares of AerCap by 0.6% during the fourth 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 buying an additional 115 shares during the period. Toth Financial Advisory Corp acquired a new position in shares of AerCap during the fourth quarter worth about $29,000. Principal Securities Inc. boosted its position in shares of AerCap by 3.3% during the fourth quarter. Principal Securities Inc. now owns 9,664 shares of the financial services provider’s stock worth $925,000 after buying an additional 305 shares during the period. Finally, Atria Wealth Solutions Inc. boosted its position in shares of AerCap by 5.8% during the fourth quarter. Atria Wealth Solutions Inc. now owns 5,547 shares of the financial services provider’s stock worth $531,000 after buying an additional 306 shares during the period. 96.42% of the stock is currently owned by institutional investors.

AerCap Stock Performance

Shares of NYSE AER opened at $101.67 on Friday. The stock has a 50 day moving average price of $96.59 and a 200 day moving average price of $95.71. AerCap Holdings has a 52 week low of $75.96 and a 52 week high of $107.36. The company has a debt-to-equity ratio of 2.89, a quick ratio of 0.67 and a current ratio of 0.67. The stock has a market capitalization of $20.12 billion, a PE ratio of 8.06, a price-to-earnings-growth ratio of 2.31 and a beta of 1.81.

Analysts Set New Price Targets

Separately, The Goldman Sachs Group reaffirmed a “buy” rating and set a $119.00 price objective on shares of AerCap in a research report on Thursday, November 21st. One equities research analyst has rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $112.00.

AerCap Company Profile

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.