Fintel reports that on June 7, 2024, Morgan Stanley initiated coverage of AerCap Holdings N.V. (NYSE:AER) with a Equal-Weight recommendation.
Analyst Price Forecast Suggests 11.21% Upside
As of June 2, 2024, the average one-year price target for AerCap Holdings N.V. is 100.53. The forecasts range from a low of 76.76 to a high of $131.25. The average price target represents an increase of 11.21% from its latest reported closing price of 90.39.
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The projected annual revenue for AerCap Holdings N.V. is 7,633MM, a decrease of 1.22%. The projected annual non-GAAP EPS is 8.07.
What is the Fund Sentiment?
There are 800 funds or institutions reporting positions in AerCap Holdings N.V.. This is an increase of 253 owner(s) or 46.25% in the last quarter. Average portfolio weight of all funds dedicated to AER is 0.60%, an increase of 1.75%. Total shares owned by institutions increased in the last three months by 5.40% to 208,059K shares. 
The put/call ratio of AER is 1.57, indicating a bearish outlook.
What are Other Shareholders Doing?
Wellington Management Group Llp holds 18,161K shares representing 9.37% ownership of the company. In its prior filing, the firm reported owning 20,634K shares , representing a decrease of 13.61%. The firm decreased its portfolio allocation in AER by 86.10% over the last quarter.
Eagle Capital Management holds 12,272K shares representing 6.33% ownership of the company. In its prior filing, the firm reported owning 12,628K shares , representing a decrease of 2.91%. The firm increased its portfolio allocation in AER by 3.49% over the last quarter.
Allspring Global Investments Holdings holds 7,682K shares representing 3.96% ownership of the company. In its prior filing, the firm reported owning 8,130K shares , representing a decrease of 5.83%. The firm decreased its portfolio allocation in AER by 0.52% over the last quarter.
WFMDX - Wells Fargo Special Mid Cap Value Fund Administrator Class holds 5,809K shares representing 3.00% ownership of the company. In its prior filing, the firm reported owning 6,100K shares , representing a decrease of 5.03%. The firm increased its portfolio allocation in AER by 3.81% over the last quarter.
Franklin Resources holds 5,418K shares representing 2.80% ownership of the company. In its prior filing, the firm reported owning 6,090K shares , representing a decrease of 12.40%. The firm decreased its portfolio allocation in AER by 87.82% over the last quarter.
Aercap Holdings N.V. Background Information
(This description is provided by the company.)
AerCap is the global leader in aircraft leasing. AerCap serves approximately 200 customers in approximately 80 countries with comprehensive fleet solutions. AerCap has its headquarters in Dublin with offices in Shannon, Los Angeles, Singapore, Amsterdam, Shanghai, Abu Dhabi, Seattle and Toulouse.
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