AerCap Holdings (NYSE:AER) Shares Acquired by Eagle Asset Management Inc.

Eagle Asset Management Inc. boosted its position in AerCap Holdings (NYSE:AER) by 8.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 7,306 shares of the financial services provider’s stock after buying an additional 599 shares during the quarter. Eagle Asset Management Inc.’s holdings in AerCap were worth $712,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of AER. Janus Henderson Group PLC increased its holdings in shares of AerCap by 31.1% in the 1st quarter. Janus Henderson Group PLC now owns 142,539 shares of the financial services provider’s stock valued at $12,382,000 after acquiring an additional 33,852 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd raised its holdings in shares of AerCap by 2.4% during the third 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 purchasing an additional 451 shares during the period. Swedbank AB lifted its position in shares of AerCap by 12.8% in the 2nd quarter. Swedbank AB now owns 96,244 shares of the financial services provider’s stock worth $8,970,000 after buying an additional 10,933 shares during the last quarter. Virtu Financial LLC acquired a new position in shares of AerCap in the 1st quarter valued at about $917,000. Finally, KBC Group NV grew its position in shares of AerCap by 18.7% during 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 during the last quarter. Institutional investors and hedge funds own 96.42% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on AER shares. Barclays raised their target price on shares of AerCap from $111.00 to $113.00 and gave the stock an “overweight” rating in a report on Friday, August 2nd. TD Cowen restated a “buy” rating and set a $125.00 price objective on shares of AerCap in a research report on Monday, July 29th. Susquehanna increased their target price on AerCap from $100.00 to $108.00 and gave the stock a “positive” rating in a research report on Friday, August 2nd. The Goldman Sachs Group reissued a “buy” rating and set a $119.00 price target on shares of AerCap in a report on Thursday, November 21st. Finally, Deutsche Bank Aktiengesellschaft increased their price objective on shares of AerCap from $110.00 to $115.00 and gave the stock a “buy” rating in a report on Tuesday, October 22nd. One analyst has rated the stock with a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $112.00.

AerCap Stock Performance

AER stock opened at $99.67 on Tuesday. The company has a market capitalization of $19.73 billion, a P/E ratio of 7.90, a PEG ratio of 2.21 and a beta of 1.83. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 2.89. The company has a 50-day simple moving average of $95.62 and a 200 day simple moving average of $93.80. AerCap Holdings has a fifty-two week low of $66.34 and a fifty-two week high of $99.72.

AerCap (NYSE:AER) last posted its quarterly earnings data 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 net margin of 32.38% and a return on equity of 13.98%. The business had revenue of $1.95 billion during the quarter, compared to analysts’ expectations of $1.92 billion. During the same period last year, the firm posted $2.81 earnings per share. The business’s revenue was up 3.0% on a year-over-year basis. Sell-side analysts predict that AerCap Holdings will post 11.26 earnings per share for the current fiscal year.

AerCap Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 5th. Stockholders of record on Wednesday, November 13th will be paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.00%. The ex-dividend date is Wednesday, November 13th. AerCap’s dividend payout ratio is presently 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.