AerCap Holdings (NYSE:AER) Shares Sold by Atlas Capital Advisors Inc.

Atlas Capital Advisors Inc. cut its position in shares of AerCap Holdings (NYSE:AER) by 10.7% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 4,821 shares of the financial services provider’s stock after selling 576 shares during the quarter. Atlas Capital Advisors Inc.’s holdings in AerCap were worth $461,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Toth Financial Advisory Corp acquired a new position in AerCap during the fourth quarter worth about $29,000. Fortitude Family Office LLC acquired a new position in shares of AerCap in the 4th quarter worth approximately $38,000. Quantbot Technologies LP bought a new stake in shares of AerCap in the 3rd quarter worth approximately $66,000. TD Private Client Wealth LLC acquired a new stake in AerCap during the third quarter valued at approximately $78,000. Finally, Eagle Bay Advisors LLC boosted its holdings in AerCap by 1,148.5% during the fourth quarter. Eagle Bay Advisors LLC now owns 1,261 shares of the financial services provider’s stock worth $121,000 after buying an additional 1,160 shares in the last quarter. Institutional investors own 96.42% of the company’s stock.

AerCap Trading Down 9.3 %

Shares of NYSE AER opened at $89.51 on Friday. The business has a 50 day simple moving average of $100.01 and a 200 day simple moving average of $97.30. AerCap Holdings has a 52 week low of $81.93 and a 52 week high of $107.36. The stock has a market cap of $16.72 billion, a price-to-earnings ratio of 7.09, a PEG ratio of 2.22 and a beta of 1.45. The company has a debt-to-equity ratio of 2.89, a quick ratio of 0.67 and a current ratio of 0.67.

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

AerCap declared that its Board of Directors has approved a share buyback plan on Wednesday, February 26th that authorizes the company to buyback $1.00 billion in outstanding shares. This buyback authorization authorizes the financial services provider to buy up to 4.9% of its shares through open market purchases. Shares buyback plans are often an indication that the company’s board believes its stock is undervalued.

AerCap Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, April 3rd. Shareholders of record on Wednesday, March 12th were issued a dividend of $0.27 per share. This is a positive change from AerCap’s previous quarterly dividend of $0.25. This represents a $1.08 annualized dividend and a yield of 1.21%. The ex-dividend date was Wednesday, March 12th. AerCap’s dividend payout ratio (DPR) is 9.99%.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on AER shares. Susquehanna upped their price target on AerCap from $108.00 to $120.00 and gave the company a “positive” rating in a report on Thursday, February 27th. UBS Group downgraded AerCap to an “underperform” rating in a report on Friday, March 7th. Barclays reiterated an “overweight” rating and issued a $115.00 target price (up from $113.00) on shares of AerCap in a report on Thursday, February 27th. Finally, Bank of America boosted their price target on shares of AerCap from $105.00 to $125.00 and gave the company a “buy” rating in a report on Friday, March 7th. One equities 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 stock. According to data from MarketBeat, AerCap currently has a consensus rating of “Moderate Buy” and a consensus price target of $117.43.

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.