Citigroup Begins Coverage on AerCap (NYSE:AER)

Angelo Anderson
December 27, 2017

General Electric now has $151.76 billion valuation. The stock increased 0.17% or $0.08 during the last trading session, reaching $47.36. About 113,194 shares traded or 8.57% up from the average. It is down 56.31% since December 26, 2016 and is uptrending. It has underperformed by 2.62% the S&P500.

Raffles Associates Lp decreased its stake in Aercap Holdings Nv (AER) by 7.83% based on its latest 2017Q3 regulatory filing with the SEC. This repurchase authorization allows the financial services provider to buy shares of its stock through open market purchases. Cipher Cap Lp holds 0.37% or 95,525 shares in its portfolio. AerCap has a 52 week low of $41.34 and a 52 week high of $54.50. Leading up to this report, we have seen a 4.43% rise in the stock price over the last 30 days and a 6.59% increase over the past 3 months. 694,114 shares of the company's stock traded hands, compared to its average volume of 1,190,000. AerCap Holdings N.V. (NYSE:AER) has risen 21.52% since December 26, 2016 and is uptrending. It has outperformed by 4.82% the S&P500. During the same quarter in the prior year, the firm earned $1.22 earnings per share. sell-side analysts predict that AerCap will post 6.14 EPS for the current fiscal year. AER's profit will be $214.89 million for 9.75 P/E if the $1.36 EPS becomes a reality.

Investors sentiment decreased to 0.99 in Q3 2017.

In an overview of the current analyst recommendations, Buy count is 12 and Overweight is 1 while the number of analysts recommending Sell and Underweight are 1 and 0, respectively.

AerCap Holdings N.V. (NYSE:AER) closed up +0.08 points or 0.15% at $53.06 with 0.69 mln shares exchanging hands. Financial Architects Inc raised its stake in AerCap Holdings by 97.0% in the first quarter. Commonwealth Bank Of Australia owns 31,100 shares. Finally, Morgan Stanley downgraded shares of AerCap Holdings from an "overweight" rating to an "equal weight" rating and dropped their target price for the company from $48.00 to $44.00 in a report on Thursday, April 6th. Td Asset invested 0% of its portfolio in AerCap Holdings N.V. (NYSE:AER).


AerCap (NYSE:AER) last announced its quarterly earnings results on Thursday, November 2nd. Cornerstone Capital Mngmt Hldg Ltd Liability Co reported 0.01% of its portfolio in AerCap Holdings N.V. (NYSE:AER). Wells Fargo And Mn invested in 0.06% or 3.53M shares. Citigroup holds 0.23% or 5.52M shares. California-based Dalal Street Ltd has invested 12.97% in AerCap Holdings N.V. (NYSE:AER).

AerCap Holdings N.V., an independent aircraft leasing company, engages in the lease, financing, sale, and management of commercial aircraft and engines in China, the United States, Ireland, and internationally. Shine Advisory Ser Incorporated holds 0% of its portfolio in AerCap Holdings N.V. (NYSE:AER) for 171 shares. Bnp Paribas Arbitrage holds 0.01% or 119,398 shares. Howe Rusling accumulated 405 shares.

Among 21 analysts covering Zayo Group Holdings (NYSE:ZAYO), 14 have Buy rating, 1 Sell and 6 Hold. Therefore 86% are positive. On Monday, April 24 the stock rating was maintained by RBC Capital Markets with "Buy". The stock of AerCap Holdings N.V. (NYSE:AER) has "Outperform" rating given on Wednesday, February 24 by Cowen & Co. On Thursday, August 11 the stock rating was maintained by RBC Capital Markets with "Outperform". The firm has "Buy" rating given on Friday, August 21 by DA Davidson. Cowen & Co maintained AerCap Holdings N.V. (NYSE:AER) rating on Friday, May 13. RBC Capital Markets maintained the stock with "Buy" rating in Thursday, November 2 report. Jefferies maintained the stock with "Buy" rating in Tuesday, October 17 report. They issued a "neutral" rating and a $57.00 price target for the company. Gradon Michael sold $37,219 worth of AerCap Holdings N.V. (NYSE:AER) on Monday, August 7. $633,375 worth of General Electric Company (NYSE:GE) was sold by Comstock Elizabeth J. The consensus rating is 2, indicating analysts in general look favorably on the company's future prospects. The firm provides aircraft asset management services, including remarketing aircraft; collecting rental and maintenance rent payments, monitoring aircraft maintenance, monitoring and enforcing contract compliance, and accepting delivery and redelivery of aircraft; and conducting ongoing lessee financial performance reviews. Rio Tinto Plc (NYSE:RIO) was reduced too. Therefore 43% are positive. Also, the Hold rating count is 2 as of 12/22/17. (NASDAQ:HA) rating on Friday, July 8. Citigroup maintained it with "Buy" rating and $54 target in Tuesday, March 15 report. The stock of Oracle Corporation (NYSE:ORCL) has "Buy" rating given on Sunday, September 10 by Stifel Nicolaus. On Monday, July 24 the stock rating was maintained by Jefferies with "Buy". As per Wednesday, November 9, the company rating was maintained by FBR Capital. The consensus rating is 2.1, suggesting the market has given up on the stock. JMP Securities downgraded the shares of ORCL in report on Wednesday, October 14 to "Mkt Perform" rating. The rating was maintained by Credit Suisse with "Buy" on Thursday, May 25.

Investors sentiment decreased to 0.99 in Q3 2017. Its down 0.10, from 0.79 in 2017Q2. It improved, as 15 investors sold TNC shares while 36 reduced holdings. 118 funds opened positions while 525 raised stakes. Tower Cap Ltd Liability Co (Trc) holds 0% or 177 shares. Zurcher Kantonalbank (Zurich Cantonalbank), Switzerland-based fund reported 45,388 shares. South Dakota Council has invested 0.82% in General Electric Company (NYSE:GE).

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