AerCap Holdings (NYSE:AER) Shares Purchased by Fox Run Management L.L.C.

Fox Run Management L.L.C. raised its holdings in AerCap Holdings (NYSE:AER) by 398.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 13,993 shares of the financial services provider’s stock after acquiring an additional 11,183 shares during the period. Fox Run Management L.L.C.’s holdings in AerCap were worth $1,339,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Darsana Capital Partners LP acquired a new stake in shares of AerCap in the 3rd quarter worth $94,720,000. TOMS Capital Investment Management LP acquired a new stake in AerCap during the third quarter worth about $60,526,000. KBC Group NV increased its position in AerCap by 137.8% during the fourth quarter. KBC Group NV now owns 834,452 shares of the financial services provider’s stock worth $79,857,000 after purchasing an additional 483,564 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 purchasing an additional 370,906 shares during the period. Finally, River Road Asset Management LLC boosted its holdings in AerCap by 896.4% in the 4th quarter. River Road Asset Management LLC now owns 391,506 shares of the financial services provider’s stock valued at $37,467,000 after purchasing an additional 352,215 shares during 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 topic of several analyst reports. Barclays reaffirmed an “overweight” rating and set a $115.00 price target (up previously from $113.00) on shares of AerCap in a research report on Thursday, February 27th. Susquehanna lifted their target price on AerCap from $108.00 to $120.00 and gave the company a “positive” rating in a research report on Thursday, February 27th. Bank of America upped their price target on AerCap from $105.00 to $125.00 and gave the company a “buy” rating in a research note on Friday, March 7th. Finally, UBS Group lowered shares of AerCap to an “underperform” rating in a report on Friday, March 7th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and six have assigned a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $117.43.

AerCap Trading Down 2.4 %

Shares of NYSE AER opened at $102.13 on Friday. 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 stock has a market capitalization of $19.08 billion, a PE ratio of 8.09, a PEG ratio of 2.22 and a beta of 1.83. AerCap Holdings has a twelve month low of $81.93 and a twelve month high of $107.36. The stock has a fifty day simple moving average of $98.89 and a 200-day simple moving average of $96.67.

AerCap (NYSE:AER) last announced its earnings results on Wednesday, February 26th. The financial services provider reported $3.31 EPS for the quarter, beating analysts’ consensus estimates of $2.56 by $0.75. The company had revenue of $2.07 billion during the quarter, compared to analysts’ expectations of $1.97 billion. AerCap had a return on equity of 13.98% and a net margin of 32.38%. On average, equities analysts forecast that AerCap Holdings will post 11.29 earnings per share for the current year.

AerCap Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 3rd. Investors of record on Wednesday, March 12th will be paid a dividend of $0.27 per share. This is an increase from AerCap’s previous quarterly dividend of $0.25. This represents a $1.08 annualized dividend and a yield of 1.06%. The ex-dividend date is Wednesday, March 12th. AerCap’s dividend payout ratio is presently 9.99%.

AerCap declared that its board has approved a stock buyback program on Wednesday, February 26th that allows the company to repurchase $1.00 billion in shares. This repurchase authorization allows the financial services provider to reacquire up to 4.9% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company’s leadership believes its stock is undervalued.

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.