Epiq Partners LLC Has $2.55 Million Stake in AerCap Holdings (NYSE:AER)

Epiq Partners LLC lowered its holdings in shares of AerCap Holdings (NYSE:AER) by 14.4% during the fourth quarter, Holdings Channel reports. The institutional investor owned 26,680 shares of the financial services provider’s stock after selling 4,505 shares during the quarter. AerCap comprises about 1.4% of Epiq Partners LLC’s investment portfolio, making the stock its 23rd biggest position. Epiq Partners LLC’s holdings in AerCap were worth $2,553,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. B. Riley Wealth Advisors Inc. lifted its stake in AerCap by 59.3% during the third quarter. B. Riley Wealth Advisors Inc. now owns 17,875 shares of the financial services provider’s stock worth $1,686,000 after purchasing an additional 6,654 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd raised its holdings in shares of AerCap by 2.4% in the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 19,077 shares of the financial services provider’s stock worth $1,807,000 after buying an additional 451 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. lifted its position in shares of AerCap by 66.8% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 279,803 shares of the financial services provider’s stock worth $26,503,000 after buying an additional 112,084 shares during the period. KBC Group NV boosted its stake in AerCap by 18.7% in the 3rd quarter. KBC Group NV now owns 350,888 shares of the financial services provider’s stock valued at $33,236,000 after buying an additional 55,213 shares in the last quarter. Finally, Summit Global Investments bought a new stake in AerCap in the third quarter valued at $667,000. Institutional investors own 96.42% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on AER. Deutsche Bank Aktiengesellschaft lifted their price objective on AerCap from $110.00 to $115.00 and gave the company a “buy” rating in a report 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 report on Thursday, November 21st. One research analyst has rated the stock with a hold rating and six have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $112.00.

AerCap Stock Performance

AerCap stock opened at $95.64 on Tuesday. The company has a market cap of $18.93 billion, a PE ratio of 7.58, a PEG ratio of 2.07 and a beta of 1.82. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 2.89. AerCap Holdings has a 1 year low of $75.83 and a 1 year high of $100.81. The company’s 50-day moving average is $96.11 and its two-hundred day moving average is $95.02.

AerCap (NYSE:AER) last issued its earnings results on Wednesday, October 30th. The financial services provider reported $2.41 EPS for the quarter, meeting the consensus estimate of $2.41. AerCap had a net margin of 32.38% and a return on equity of 13.98%. The company had revenue of $1.95 billion during the quarter, compared to analysts’ expectations of $1.92 billion. During the same quarter in the previous year, the company posted $2.81 EPS. The business’s revenue for the quarter was up 3.0% compared to the same quarter last year. Equities analysts anticipate that AerCap Holdings will post 11.26 earnings per share for the current year.

AerCap Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, December 5th. Stockholders 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 dividend yield of 1.05%. AerCap’s payout ratio is currently 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.