Short Interest in AerCap Holdings (NYSE:AER) Expands By 6.9%

AerCap Holdings (NYSE:AER) was the target of a significant increase in short interest in January. As of January 15th, there was short interest totalling 2,470,000 shares, an increase of 6.9% from the December 31st total of 2,310,000 shares. Based on an average trading volume of 979,900 shares, the short-interest ratio is presently 2.5 days.

Wall Street Analysts Forecast Growth

Several analysts recently commented on AER shares. Deutsche Bank Aktiengesellschaft raised their price target on shares of AerCap from $110.00 to $115.00 and gave the stock a “buy” rating in a report on Tuesday, October 22nd. The Goldman Sachs Group reiterated a “buy” rating and issued a $119.00 target price 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.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $112.00.

AerCap Price Performance

NYSE AER traded up $0.25 on Tuesday, hitting $95.27. 410,939 shares of the company were exchanged, compared to its average volume of 939,356. The firm has a 50 day moving average of $95.93 and a two-hundred day moving average of $95.00. The company has a market cap of $18.86 billion, a P/E ratio of 7.55, a P/E/G ratio of 2.09 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. AerCap has a 1-year low of $75.83 and a 1-year high of $100.81.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in AER. B. Riley Wealth Advisors Inc. increased its stake in shares of AerCap by 59.3% in the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 17,875 shares of the financial services provider’s stock valued at $1,686,000 after acquiring an additional 6,654 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd increased its stake in shares of AerCap by 2.4% in the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 19,077 shares of the financial services provider’s stock valued at $1,807,000 after acquiring an additional 451 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. increased its stake in shares of AerCap by 66.8% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 279,803 shares of the financial services provider’s stock valued at $26,503,000 after acquiring an additional 112,084 shares during the last quarter. KBC Group NV increased its stake in AerCap by 18.7% during the 3rd quarter. KBC Group NV now owns 350,888 shares of the financial services provider’s stock worth $33,236,000 after purchasing an additional 55,213 shares in the last quarter. Finally, Summit Global Investments bought a new stake in AerCap during the 3rd quarter worth approximately $667,000. 96.42% of the stock is currently owned by institutional investors and hedge funds.

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.