AerCap Holdings (NYSE:AER) Shares Bought by KBC Group NV

KBC Group NV boosted its holdings in shares of AerCap Holdings (NYSE:AER) by 137.8% in the 4th quarter, Holdings Channel reports. The firm owned 834,452 shares of the financial services provider’s stock after buying an additional 483,564 shares during the period. KBC Group NV’s holdings in AerCap were worth $79,857,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Toth Financial Advisory Corp bought a new position in shares of AerCap in the fourth quarter valued at $29,000. Truvestments Capital LLC acquired a new position in shares of AerCap in the 3rd quarter worth $35,000. Fortitude Family Office LLC acquired a new stake in shares of AerCap during the fourth quarter worth $38,000. UMB Bank n.a. lifted its holdings in shares of AerCap by 35.5% during the third quarter. UMB Bank n.a. now owns 664 shares of the financial services provider’s stock valued at $63,000 after purchasing an additional 174 shares during the last quarter. Finally, Transamerica Financial Advisors Inc. purchased a new stake in shares of AerCap during the third quarter valued at $64,000. 96.42% of the stock is currently owned by institutional investors.

AerCap Stock Down 0.2 %

AER stock opened at $95.05 on Monday. The company has a 50 day moving average of $96.09 and a two-hundred day moving average of $95.02. The company has a market cap of $18.81 billion, a price-to-earnings ratio of 7.53, a PEG ratio of 2.07 and a beta of 1.82. AerCap Holdings has a 12-month low of $75.83 and a 12-month high of $100.81. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 2.89.

AerCap (NYSE:AER) last announced its quarterly earnings data on Wednesday, October 30th. The financial services provider reported $2.41 earnings per share (EPS) for the quarter, hitting the consensus estimate of $2.41. AerCap had a return on equity of 13.98% and a net margin of 32.38%. The business had revenue of $1.95 billion during the quarter, compared to analyst estimates of $1.92 billion. During the same period last year, the company earned $2.81 earnings per share. AerCap’s quarterly revenue was up 3.0% compared to the same quarter last year. On average, equities analysts anticipate that AerCap Holdings will post 11.26 earnings per share for the current fiscal year.

AerCap Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, December 5th. Investors of record on Wednesday, November 13th were paid a $0.25 dividend. The ex-dividend date of this dividend was Wednesday, November 13th. This represents a $1.00 annualized dividend and a dividend yield of 1.05%. AerCap’s payout ratio is 7.92%.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on AER shares. The Goldman Sachs Group restated a “buy” rating and set a $119.00 price objective on shares of AerCap in a report on Thursday, November 21st. Deutsche Bank Aktiengesellschaft boosted their price target on shares of AerCap from $110.00 to $115.00 and gave the company a “buy” rating in a report on Tuesday, October 22nd. One analyst has rated the stock with a hold rating and six have issued a buy rating to the company. According to MarketBeat, AerCap has an average rating of “Moderate Buy” and a consensus price target of $112.00.

AerCap Company Profile

AerCap Holdings N.V. engages in the lease, financing, sale, and management of commercial flight equipment in China, Hong Kong, Macau, the United States, Ireland, and internationally. The company offers aircraft asset management services, such as remarketing aircraft and engines; collecting rental and maintenance rent payments, monitoring aircraft maintenance, monitoring and enforcing contract compliance, and accepting delivery and redelivery of aircraft and engines; and conducting ongoing lessee financial performance reviews.