Bensler LLC reduced its stake in AerCap Holdings (NYSE:AER – Free Report) by 5.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 24,537 shares of the financial services provider’s stock after selling 1,350 shares during the period. Bensler LLC’s holdings in AerCap were worth $2,348,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently modified their holdings of the stock. First Horizon Advisors Inc. increased its holdings in shares of AerCap by 15.3% in the third quarter. First Horizon Advisors Inc. now owns 814 shares of the financial services provider’s stock valued at $77,000 after purchasing an additional 108 shares during the last quarter. Dupree Financial Group LLC grew its stake in shares of AerCap by 0.4% in the third quarter. Dupree Financial Group LLC now owns 28,395 shares of the financial services provider’s stock valued at $2,690,000 after acquiring an additional 121 shares in the last quarter. UMB Bank n.a. grew its stake in shares of AerCap by 35.5% in the third quarter. UMB Bank n.a. now owns 664 shares of the financial services provider’s stock valued at $63,000 after acquiring an additional 174 shares in the last quarter. Toth Financial Advisory Corp acquired a new position in shares of AerCap in the fourth quarter valued at about $29,000. Finally, Nomura Asset Management Co. Ltd. grew its stake in shares of AerCap by 0.5% in the third quarter. Nomura Asset Management Co. Ltd. now owns 58,671 shares of the financial services provider’s stock valued at $5,557,000 after acquiring an additional 320 shares in the last quarter. 96.42% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
Several equities analysts recently commented on the stock. Deutsche Bank Aktiengesellschaft upped their price target on shares of AerCap from $110.00 to $115.00 and gave the company a “buy” rating in a research note on Tuesday, October 22nd. The Goldman Sachs Group restated a “buy” rating and issued a $119.00 price target on shares of AerCap in a research note on Thursday, November 21st. One investment analyst has rated the stock with a hold rating and six have issued a buy rating to the company. According to data from MarketBeat, AerCap presently has an average rating of “Moderate Buy” and a consensus price target of $112.00.
AerCap Trading Up 0.6 %
AER opened at $96.24 on Tuesday. AerCap Holdings has a twelve month low of $75.83 and a twelve month high of $100.81. The company has a 50-day simple moving average of $96.11 and a 200 day simple moving average of $95.02. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 2.89. The stock has a market capitalization of $19.05 billion, a price-to-earnings ratio of 7.62, a P/E/G ratio of 2.07 and a beta of 1.82.
AerCap (NYSE:AER – Get Free Report) last posted its quarterly earnings data on Wednesday, October 30th. The financial services provider reported $2.41 earnings per share for the quarter, hitting the consensus estimate of $2.41. AerCap had a net margin of 32.38% and a return on equity of 13.98%. The business had revenue of $1.95 billion during the quarter, compared to analysts’ expectations of $1.92 billion. During the same quarter in the prior year, the business posted $2.81 earnings per share. AerCap’s revenue was up 3.0% compared to the same quarter last year. Analysts predict that AerCap Holdings will post 11.26 EPS for the current fiscal year.
AerCap Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Thursday, December 5th. Investors of record on Wednesday, November 13th were given a dividend of $0.25 per share. The ex-dividend date was Wednesday, November 13th. This represents a $1.00 annualized dividend and a yield of 1.04%. AerCap’s dividend payout ratio is 7.92%.
AerCap 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.
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