O Keefe Stevens Advisory Inc. Grows Stock Position in AerCap Holdings (NYSE:AER)

O Keefe Stevens Advisory Inc. raised its holdings in shares of AerCap Holdings (NYSE:AER) by 11.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 93,454 shares of the financial services provider’s stock after purchasing an additional 9,277 shares during the quarter. AerCap makes up approximately 2.8% of O Keefe Stevens Advisory Inc.’s portfolio, making the stock its 13th largest holding. O Keefe Stevens Advisory Inc.’s holdings in AerCap were worth $8,944,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the business. Darsana Capital Partners LP purchased a new position in AerCap in the 3rd quarter valued at approximately $94,720,000. TOMS Capital Investment Management LP bought a new position in AerCap in the 3rd quarter worth about $60,526,000. Assenagon Asset Management S.A. grew its holdings in AerCap by 176.2% during the 3rd quarter. Assenagon Asset Management S.A. now owns 753,267 shares of the financial services provider’s stock valued at $71,349,000 after buying an additional 480,551 shares in the last quarter. Point72 Asset Management L.P. increased its position in shares of AerCap by 182.3% during the second quarter. Point72 Asset Management L.P. now owns 663,587 shares of the financial services provider’s stock valued at $61,846,000 after buying an additional 428,487 shares during the period. Finally, Wedge Capital Management L L P NC lifted its holdings in shares of AerCap by 3,568.6% in the third quarter. Wedge Capital Management L L P NC now owns 427,756 shares of the financial services provider’s stock worth $40,517,000 after buying an additional 416,096 shares in the last quarter. Hedge funds and other institutional investors own 96.42% of the company’s stock.

Analysts Set New Price Targets

Several analysts have issued reports on the stock. The Goldman Sachs Group reiterated a “buy” rating and issued a $119.00 target price on shares of AerCap in a research note on Thursday, November 21st. Deutsche Bank Aktiengesellschaft lifted their price target on AerCap from $110.00 to $115.00 and gave the company a “buy” rating in a research report on Tuesday, October 22nd. One analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $112.00.

AerCap Trading Up 0.1 %

AER opened at $95.93 on Friday. The firm has a market capitalization of $18.99 billion, a price-to-earnings ratio of 7.60, a PEG ratio of 2.05 and a beta of 1.82. AerCap Holdings has a one year low of $73.78 and a one year high of $100.81. The business has a 50 day simple moving average of $96.12 and a two-hundred day simple moving average of $94.96. 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 announced its quarterly earnings results on Wednesday, October 30th. The financial services provider reported $2.41 EPS for the quarter, hitting analysts’ consensus estimates of $2.41. The company had revenue of $1.95 billion during 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 firm’s revenue was up 3.0% on a year-over-year basis. During the same quarter last year, the firm posted $2.81 earnings per share. Analysts predict that AerCap Holdings will post 11.26 EPS for the current year.

AerCap Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, December 5th. Shareholders of record on Wednesday, November 13th were given a dividend of $0.25 per share. The ex-dividend date of this dividend was Wednesday, November 13th. This represents a $1.00 annualized dividend and a yield of 1.04%. AerCap’s payout ratio is 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.