AerCap Holdings (NYSE:AER) Holdings Trimmed by Lmcg Investments LLC

Lmcg Investments LLC reduced its position in shares of AerCap Holdings (NYSE:AER) by 7.7% during the 4th quarter, Holdings Channel.com reports. The firm owned 21,136 shares of the financial services provider’s stock after selling 1,753 shares during the period. Lmcg Investments LLC’s holdings in AerCap were worth $2,023,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Truvestments Capital LLC purchased a new stake in AerCap in the 3rd quarter worth approximately $35,000. Fortitude Family Office LLC acquired a new position in shares of AerCap in the fourth quarter worth $38,000. UMB Bank n.a. increased 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 worth $63,000 after acquiring an additional 174 shares during the last quarter. Transamerica Financial Advisors Inc. purchased a new stake in shares of AerCap during the third quarter worth $64,000. Finally, Quantbot Technologies LP acquired a new stake in AerCap during the third quarter valued at $66,000. Hedge funds and other institutional investors own 96.42% of the company’s stock.

AerCap Stock Performance

Shares of NYSE AER opened at $95.47 on Wednesday. The business’s 50-day simple moving average is $96.09 and its 200-day simple moving average is $95.00. AerCap Holdings has a 52 week low of $75.25 and a 52 week high of $100.81. The company has a debt-to-equity ratio of 2.89, a quick ratio of 0.67 and a current ratio of 0.67. The firm has a market cap of $18.90 billion, a price-to-earnings ratio of 7.57, a P/E/G ratio of 2.09 and a beta of 1.82.

AerCap (NYSE:AER) last announced its quarterly 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 return on equity of 13.98% and a net margin of 32.38%. The company had revenue of $1.95 billion for the quarter, compared to the consensus estimate of $1.92 billion. During the same quarter last year, the company posted $2.81 earnings per share. The company’s revenue for the quarter was up 3.0% compared to the same quarter last year. As a group, equities research analysts expect 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. Shareholders of record on Wednesday, November 13th were issued 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 (DPR) is 7.92%.

Analysts Set New Price Targets

AER has been the subject of a number of recent research reports. Deutsche Bank Aktiengesellschaft raised their price target on AerCap from $110.00 to $115.00 and gave the stock a “buy” rating in a research note on Tuesday, October 22nd. The Goldman Sachs Group reaffirmed a “buy” rating and set a $119.00 price objective 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 stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average 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.