Fjarde AP Fonden Fourth Swedish National Pension Fund Cuts Holdings in AerCap Holdings (NYSE:AER)

Fjarde AP Fonden Fourth Swedish National Pension Fund cut its position in shares of AerCap Holdings (NYSE:AER) by 40.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 40,834 shares of the financial services provider’s stock after selling 27,633 shares during the quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in AerCap were worth $3,908,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Townsend & Associates Inc increased its position in AerCap by 1.6% during the 4th quarter. Townsend & Associates Inc now owns 186,217 shares of the financial services provider’s stock worth $17,789,000 after purchasing an additional 2,998 shares in the last quarter. Callan Capital LLC raised its stake in shares of AerCap by 27.9% in the 4th quarter. Callan Capital LLC now owns 3,501 shares of the financial services provider’s stock valued at $335,000 after acquiring an additional 764 shares during the period. Ativo Capital Management LLC lifted its holdings in shares of AerCap by 34.9% during the 4th quarter. Ativo Capital Management LLC now owns 41,500 shares of the financial services provider’s stock valued at $3,972,000 after acquiring an additional 10,740 shares in the last quarter. Citizens National Bank Trust Department acquired a new position in shares of AerCap during the 4th quarter valued at $1,213,000. Finally, Handelsbanken Fonder AB boosted its position in AerCap by 3.5% during the 4th quarter. Handelsbanken Fonder AB now owns 14,484 shares of the financial services provider’s stock worth $1,386,000 after purchasing an additional 493 shares during the period. 96.42% of the stock is currently owned by hedge funds and other institutional investors.

AerCap Stock Down 0.2 %

Shares of AerCap stock opened at $101.42 on Wednesday. The company has a debt-to-equity ratio of 2.89, a current ratio of 0.67 and a quick ratio of 0.67. AerCap Holdings has a 1-year low of $75.96 and a 1-year high of $107.36. The business has a 50-day moving average of $96.80 and a 200-day moving average of $95.89. The company has a market capitalization of $20.07 billion, a PE ratio of 8.04, a P/E/G ratio of 2.22 and a beta of 1.81.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group restated a “buy” rating and set a $119.00 price objective 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 assigned a buy rating to the company’s stock. According to MarketBeat.com, AerCap currently has an average rating of “Moderate Buy” and a consensus price target of $112.00.

AerCap 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.