AerCap Holdings (NYSE:AER) Holdings Decreased by Assenagon Asset Management S.A.

Assenagon Asset Management S.A. cut its position in shares of AerCap Holdings (NYSE:AER) by 26.8% during the 4th quarter, HoldingsChannel.com reports. The firm owned 551,462 shares of the financial services provider’s stock after selling 201,805 shares during the period. Assenagon Asset Management S.A.’s holdings in AerCap were worth $52,775,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently added to or reduced their stakes in the business. Franklin Resources Inc. lifted its position in shares of AerCap by 5.3% in the 3rd quarter. Franklin Resources Inc. now owns 5,601,208 shares of the financial services provider’s stock worth $545,726,000 after buying an additional 282,980 shares during the last quarter. State Street Corp raised its stake in AerCap by 8.3% during the third quarter. State Street Corp now owns 4,862,517 shares of the financial services provider’s stock worth $460,579,000 after acquiring an additional 370,906 shares during the period. Donald Smith & CO. Inc. lifted its holdings in AerCap by 0.7% in the third quarter. Donald Smith & CO. Inc. now owns 3,525,307 shares of the financial services provider’s stock worth $333,917,000 after acquiring an additional 23,994 shares during the last quarter. Barrow Hanley Mewhinney & Strauss LLC boosted its stake in AerCap by 12.6% in the second quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 1,860,757 shares of the financial services provider’s stock valued at $173,423,000 after acquiring an additional 208,407 shares during the period. Finally, FMR LLC grew its holdings in shares of AerCap by 1.3% during the third quarter. FMR LLC now owns 1,737,476 shares of the financial services provider’s stock valued at $164,574,000 after purchasing an additional 22,346 shares during the last quarter. Institutional investors and hedge funds own 96.42% of the company’s stock.

Analyst Upgrades and Downgrades

AER has been the subject of a number of analyst reports. The Goldman Sachs Group restated a “buy” rating and set a $119.00 price objective on shares of AerCap in a research 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 equities research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $112.00.

AerCap Stock Up 1.1 %

Shares of AerCap stock opened at $96.90 on Thursday. AerCap Holdings has a 1-year low of $72.80 and a 1-year high of $100.81. The company has a market capitalization of $19.18 billion, a P/E ratio of 7.68, a PEG ratio of 2.17 and a beta of 1.82. The business’s fifty day moving average price is $96.19 and its two-hundred day moving average price is $94.93. The company has a debt-to-equity ratio of 2.89, a current ratio of 0.67 and a quick ratio of 0.67.

AerCap (NYSE:AER) 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. The business had revenue of $1.95 billion during the quarter, compared to the consensus estimate of $1.92 billion. AerCap had a net margin of 32.38% and a return on equity of 13.98%. The company’s quarterly revenue was up 3.0% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.81 earnings per share. As a group, research analysts forecast that AerCap Holdings will post 11.26 EPS for the current year.

AerCap Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, December 5th. Investors of record on Wednesday, November 13th were paid a dividend of $0.25 per share. The ex-dividend date of this dividend was Wednesday, November 13th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.03%. AerCap’s dividend payout ratio is presently 7.92%.

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.