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

O Keefe Stevens Advisory Inc. raised its stake in AerCap Holdings (NYSE:AER) by 10.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 84,177 shares of the financial services provider’s stock after buying an additional 7,884 shares during the period. AerCap comprises about 2.4% of O Keefe Stevens Advisory Inc.’s investment portfolio, making the stock its 17th biggest position. O Keefe Stevens Advisory Inc.’s holdings in AerCap were worth $7,973,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently made changes to their positions in AER. Stephens Inc. AR increased its stake in AerCap by 30.6% in the fourth quarter. Stephens Inc. AR now owns 10,248 shares of the financial services provider’s stock valued at $762,000 after acquiring an additional 2,400 shares during the last quarter. Prudential PLC increased its position in shares of AerCap by 25.6% during the 4th quarter. Prudential PLC now owns 15,171 shares of the financial services provider’s stock valued at $1,128,000 after purchasing an additional 3,089 shares during the last quarter. Sei Investments Co. raised its holdings in shares of AerCap by 26.9% during the 4th quarter. Sei Investments Co. now owns 680,292 shares of the financial services provider’s stock valued at $50,559,000 after buying an additional 144,244 shares in the last quarter. Cresset Asset Management LLC lifted its position in AerCap by 0.3% in the 4th quarter. Cresset Asset Management LLC now owns 178,710 shares of the financial services provider’s stock worth $13,282,000 after buying an additional 487 shares during the last quarter. Finally, TOMS Capital Investment Management LP bought a new stake in AerCap in the 4th quarter worth approximately $133,330,000. Hedge funds and other institutional investors own 96.42% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have commented on the stock. TD Cowen reissued a “buy” rating and set a $125.00 price target on shares of AerCap in a research note on Monday, July 29th. Barclays lifted their target price on shares of AerCap from $111.00 to $113.00 and gave the stock an “overweight” rating in a research report on Friday, August 2nd. Finally, Susquehanna upped their price target on shares of AerCap from $100.00 to $108.00 and gave the company a “positive” rating in a research report on Friday, August 2nd. One research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat, AerCap presently has a consensus rating of “Moderate Buy” and an average price target of $102.38.

AerCap Trading Down 0.3 %

NYSE:AER opened at $94.14 on Wednesday. The firm has a market capitalization of $18.63 billion, a P/E ratio of 6.12, a P/E/G ratio of 2.16 and a beta of 1.83. AerCap Holdings has a 52 week low of $57.84 and a 52 week high of $98.79. The company has a quick ratio of 0.29, a current ratio of 0.29 and a debt-to-equity ratio of 2.69. The company has a fifty day moving average of $93.49 and a 200 day moving average of $91.41.

AerCap (NYSE:AER) last posted its earnings results on Thursday, August 1st. The financial services provider reported $3.01 earnings per share for the quarter, topping analysts’ consensus estimates of $2.41 by $0.60. AerCap had a net margin of 42.02% and a return on equity of 15.12%. The company had revenue of $1.96 billion during the quarter, compared to analyst estimates of $1.89 billion. During the same period in the prior year, the business posted $2.56 earnings per share. AerCap’s revenue for the quarter was up 1.8% on a year-over-year basis. On average, research analysts predict that AerCap Holdings will post 11.33 earnings per share for the current year.

AerCap Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 5th. Stockholders of record on Wednesday, August 14th were paid a dividend of $0.25 per share. The ex-dividend date of this dividend was Wednesday, August 14th. This represents a $1.00 annualized dividend and a dividend yield of 1.06%. AerCap’s dividend payout ratio (DPR) is presently 6.51%.

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.