The stock of Aercap Holdings NV (NYSE:AER) registered an increase of 6.62% in short interest. AER’s total short interest was 13.77M shares in September as published by FINRA. Its up 6.62% from 12.91 million shares, reported previously. With 1.66 million shares average volume, it will take short sellers 8 days to cover their AER’s short positions. The short interest to Aercap Holdings NV’s float is 9.08%. About 1.02M shares traded hands. AerCap Holdings N.V. (NYSE:AER) has risen 57.13% since February 8, 2016 and is uptrending. It has outperformed by 40.64% the S&P500.
AerCap Holdings N.V. is an independent aircraft leasing company. The company has a market cap of $8.11 billion. The Firm focuses on acquiring in-demand aircraft, funding them, hedging interest rate risk and using its platform to deploy these assets. It has a 7.68 P/E ratio. The Firm operates its business on a global basis, leasing aircraft to clients in various geographical region.
The institutional sentiment decreased to 1.21 in Q2 2016. Its down 0.13, from 1.34 in 2016Q1. The ratio is negative, as 45 funds sold all AerCap Holdings N.V. shares owned while 77 reduced positions. 34 funds bought stakes while 114 increased positions. They now own 159.47 million shares or 4.29% less from 166.62 million shares in 2016Q1.
Perry Corp holds 13.88% of its portfolio in AerCap Holdings N.V. for 5.93 million shares. Adi Capital Management Llc owns 369,711 shares or 9.56% of their US portfolio. Moreover, Donald Smith & Co. Inc. has 8.2% invested in the company for 9.04 million shares. The New York-based Jacobs Asset Management Llc has invested 7.48% in the stock. Dalal Street Llc, a California-based fund reported 624,160 shares.
Out of 8 analysts covering AerCap Holdings (NYSE:AER), 6 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 75% are positive. $74 is the highest target while $44 is the lowest. The $56 average target is 41.09% above today’s ($39.69) stock price. AerCap Holdings has been the topic of 13 analyst reports since September 21, 2015 according to StockzIntelligence Inc. RBC Capital Markets maintained the stock on August 11 with “Outperform” rating. FBR Capital maintained it with “Outperform” rating and $50 target price in a February 24 report. FBR Capital downgraded the shares of AER in a report on May 13 to “Mkt Perform” rating. Lastly, Barclays Capital maintained the stock with “Equal-Weight” rating in a March 14 report.
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