Published on 19 Jul 2024 on Insider Monkey · via Yahoo Finance
What Makes AerCap Holdings N.V. (AER) an Attractive Hold?
Middle Coast Investing, an investment advisor firm, released its second-quarter investor letter. A copy of the letter can be downloaded here. It was a good and active quarter for the firm. The portfolio's price to earnings for the trailing 12 months (TTM) was 20.8. Cash and equivalents accounted for 13.4% of the portfolio at the end of the quarter, with an estimated average yield of 3.9%. This compares to 14.7% of the portfolio and a 3.9% yield at the end of Q1. In addition, please check the fund’s top five holdings to know its best picks in 2024.
Middle Coast Investing highlighted stocks like AerCap Holdings N.V. (NYSE:AER) in the second quarter 2024 investor letter. AerCap Holdings N.V. (NYSE:AER) engages in the lease, financing, sale, and management of flight equipment. The one-month return of AerCap Holdings N.V. (NYSE:AER) was 4.71%, and its shares gained 45.21% of their value over the last 52 weeks. On July 15, 2024, AerCap Holdings N.V. (NYSE:AER) stock closed at $96.65 per share with a market capitalization of $19.17 billion.