AerCap Holdings (NYSE:AER) Stake Raised by GSA Capital Partners LLP

GSA Capital Partners LLP grew its holdings in AerCap Holdings (NYSE:AER) by 29.0% during the third quarter, Holdings Channel.com reports. The firm owned 9,526 shares of the financial services provider’s stock after buying an additional 2,144 shares during the period. GSA Capital Partners LLP’s holdings in AerCap were worth $902,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in AER. Blue Trust Inc. increased its stake in AerCap by 89.9% in the 2nd quarter. Blue Trust Inc. now owns 283 shares of the financial services provider’s stock valued at $25,000 after buying an additional 134 shares during the period. Mather Group LLC. increased its stake in shares of AerCap by 230.1% in the second quarter. Mather Group LLC. now owns 307 shares of the financial services provider’s stock worth $27,000 after acquiring an additional 214 shares during the last quarter. UMB Bank n.a. raised its holdings in shares of AerCap by 35.5% during 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 in the last quarter. Federated Hermes Inc. boosted its position in AerCap by 209.1% during the second quarter. Federated Hermes Inc. now owns 1,567 shares of the financial services provider’s stock valued at $146,000 after purchasing an additional 1,060 shares during the last quarter. Finally, Gordian Capital Singapore Pte Ltd grew its stake in AerCap by 33.3% in the second quarter. Gordian Capital Singapore Pte Ltd now owns 2,000 shares of the financial services provider’s stock valued at $186,000 after purchasing an additional 500 shares in the last quarter. 96.42% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

AER has been the subject of a number of recent research reports. Susquehanna raised their price target on AerCap from $100.00 to $108.00 and gave the stock a “positive” rating in a research note on Friday, August 2nd. TD Cowen reiterated a “buy” rating and issued a $125.00 target price on shares of AerCap in a research note on Monday, July 29th. Barclays increased their price target on shares of AerCap from $111.00 to $113.00 and gave the stock an “overweight” rating in a research note on Friday, August 2nd. Finally, Deutsche Bank Aktiengesellschaft lifted their price objective 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. One analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $110.83.

AerCap Price Performance

NYSE AER opened at $95.27 on Friday. AerCap Holdings has a 1 year low of $66.34 and a 1 year high of $99.68. The company has a fifty day simple moving average of $95.19 and a 200 day simple moving average of $93.45. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 2.89. The company has a market cap of $18.86 billion, a P/E ratio of 7.55, a P/E/G ratio of 2.13 and a beta of 1.83.

AerCap (NYSE:AER) last issued its quarterly earnings results on Wednesday, October 30th. The financial services provider reported $2.41 earnings per share (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 period last year, the business posted $2.81 earnings per share. The firm’s revenue was up 3.0% compared to the same quarter last year. On average, sell-side analysts predict that AerCap Holdings will post 11.26 EPS for the current year.

AerCap Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 5th. Stockholders of record on Wednesday, November 13th will be issued a dividend of $0.25 per share. The ex-dividend date of this dividend is Wednesday, November 13th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.05%. AerCap’s dividend payout ratio (DPR) 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.