E*TRADE Financial Corp (NASDAQ:ETFC) posted earnings per share of $0.29 on a revenue of $456.00 million, beating analysts’ consensus estimate of $0.24 in earnings per share and revenue of $446.10 million. The revenue was down 4% on a year-over-year basis. As for the current financial year, analysts expect the company to post earnings per share of $1.18. The company carries out several of its activities through subsidiaries such as ETRADE SECURITIES Inc, BrownCo, LLC, ETRADE Capital Management LLC, and more. At the end of the first quarter a total of seven billionaires were invested in the stock, accounting for $465.60 million in aggregate value. Some of these are John Griffin‘s Blue Ridge Capital, Julian Robertson’s Tiger Management, and Louis Bacon’s Moore Global Investments.
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Leon held a total of 3.91 million shares of AerCap Holdings N.V. (NYSE:AER) worth $151.88 million while Wayne held 687,921 shares, with a market value of $30.03 million, having raised his stake in the stock from 501,000 shares held at the end of the fourth quarter of 2014. The company is among the world’s leading aircraft leasing firms, and has its headquarters in Schiphol, Netherlands. Analysts at Imperial Capital have been following the stock’s performance and its environment and they believe that the stock has a 28% potential upside based on its $47.65 opening price per share on June 12. The research firm has given the stock an “Outperform” rating. Eight research firms that have been covering the stock believe that it will post $1.32 in earnings per share for the current quarter and have given it $5.35 in earnings per share for the current fiscal year. Analysts’ expectation for AerCap Holdings N.V. (NYSE:AER) on a longterm basis are also attractive, as they have given it 9.6% earnings per share growth potential over the next three-to-five years. At the end of the first quarter a total of eight billionaires were invested in the stock, with an aggregate investment value of $1.36 billion. A few of these billionaires’ funds are David Einhorn‘s Greenlight Capital, Lee Ainslie’s Maverick Capital, and Barry Rosenstein’s JANA Partners.
Omega Advisors’ latest 13F showed that it owned 3.25 million shares of KAR Auction Services Inc (NYSE:KAR) valued at $117.02 million at the end of the first quarter 2015, a 4% decrease compared to the previous quarter. Wayne held a total of 724,597 shares of the company valued at $27.48 million. That also represented a downward movement, as he held 1.24 million shares at the end of the fourth quarter of 2014. The company has been working on an expansion strategy in auctions and digital services in an effort to stabilize its earnings prospects. The used vehicle auction services company headquartered in Carmel, Indiana, recently announced the expansion of its Digital Services Group by acquiring Autoniq and MobileTrac, a company doing business as instaVIN, providing digital information about cars. The company’s ADESA unit also recently announced that its subsidiary acquired AutoVIN, which is a vehicle inspection business, initially owned by DataScan Field Services. This is besides physical motor vehicle inspection locations that the company’s CEO Jim Hallett recently announced. This is all in anticipation of industry-wide growth, mainly from off-lease vehicles. In terms of earnings performance, KAR Auction Services Inc (NYSE:KAR) registered earnings per share of $0.42 and analysts expect the stock to post earnings per share of $0.46 for the financial quarter ending June 30, 2015. At the end of the first quarter, a total of eight billionaires’ firms had stakes in the stock, having a total investment value of $746.16 million. A few of these are Daniel S. Och‘s OZ Management with 6.16 million shares, D E Shaw with 2.76 million shares and Steve Cohen’s Point72 Asset Management with 2.51 million shares.
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