Barclays PLC Has $8.69 Million Stock Holdings in AerCap Holdings (NYSE:AER)

Barclays PLC grew its stake in shares of AerCap Holdings (NYSE:AER) by 95.5% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 91,707 shares of the financial services provider’s stock after purchasing an additional 44,797 shares during the quarter. Barclays PLC’s holdings in AerCap were worth $8,687,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Blue Trust Inc. increased its holdings in AerCap by 89.9% during the second quarter. Blue Trust Inc. now owns 283 shares of the financial services provider’s stock worth $25,000 after buying an additional 134 shares during the last quarter. Truvestments Capital LLC acquired a new position in shares of AerCap during the 3rd quarter worth about $35,000. UMB Bank n.a. increased its stake in shares of AerCap by 35.5% during the 3rd quarter. UMB Bank n.a. now owns 664 shares of the financial services provider’s stock worth $63,000 after purchasing an additional 174 shares during the last quarter. Transamerica Financial Advisors Inc. bought a new stake in shares of AerCap in the 3rd quarter valued at about $64,000. Finally, Quantbot Technologies LP bought a new position in AerCap during the third quarter worth about $66,000. Institutional investors own 96.42% of the company’s stock.

AerCap Trading Down 2.3 %

Shares of NYSE:AER opened at $95.11 on Wednesday. The stock has a market cap of $18.83 billion, a PE ratio of 7.54, a P/E/G ratio of 2.17 and a beta of 1.82. 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 Holdings has a 12-month low of $70.48 and a 12-month high of $100.81. The business has a 50 day moving average of $96.45 and a 200-day moving average of $94.47.

AerCap (NYSE:AER) last issued its quarterly earnings data on Wednesday, October 30th. The financial services provider reported $2.41 EPS for the quarter, meeting analysts’ consensus estimates of $2.41. The firm had revenue of $1.95 billion for the quarter, compared to analyst estimates of $1.92 billion. AerCap had a return on equity of 13.98% and a net margin of 32.38%. The company’s revenue for the quarter was up 3.0% on a year-over-year basis. During the same period in the prior year, the firm posted $2.81 EPS. As a group, equities research analysts forecast that AerCap Holdings will post 11.26 earnings per share for the current year.

AerCap Dividend Announcement

The firm also recently declared 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. This represents a $1.00 dividend on an annualized basis and a yield of 1.05%. The ex-dividend date was Wednesday, November 13th. AerCap’s dividend payout ratio is 7.92%.

Analysts Set New Price Targets

A number of analysts have recently issued reports on AER shares. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $119.00 price objective on shares of AerCap in a research report on Thursday, November 21st. Deutsche Bank Aktiengesellschaft raised their price target on AerCap from $110.00 to $115.00 and gave the company a “buy” rating in a report on Tuesday, October 22nd. One equities research analyst has rated the stock with a hold rating and six have given a buy rating to the stock. According to data from MarketBeat, the stock 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.