Signaturefd LLC Acquires 378 Shares of AerCap Holdings (NYSE:AER)

Signaturefd LLC raised its stake in AerCap Holdings (NYSE:AER) by 8.3% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,937 shares of the financial services provider’s stock after purchasing an additional 378 shares during the period. Signaturefd LLC’s holdings in AerCap were worth $460,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Blue Trust Inc. raised its position in shares of AerCap by 89.9% in the 2nd quarter. Blue Trust Inc. now owns 283 shares of the financial services provider’s stock valued at $25,000 after buying an additional 134 shares in the last quarter. Mather Group LLC. raised its holdings in AerCap by 230.1% during the second quarter. Mather Group LLC. now owns 307 shares of the financial services provider’s stock worth $27,000 after buying an additional 214 shares during the last quarter. Trust Co. of Vermont bought a new stake in AerCap during the 4th quarter worth approximately $27,000. Assetmark Inc. bought a new stake in AerCap during the fourth quarter worth $42,000. Finally, CVA Family Office LLC bought a new position in shares of AerCap during the first quarter valued at about $52,000. Institutional investors own 96.42% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on AER shares. Deutsche Bank Aktiengesellschaft increased their target price on shares of AerCap from $95.00 to $110.00 and gave the company a “buy” rating in a research report on Thursday, May 9th. Morgan Stanley began coverage on AerCap in a research note on Friday, June 7th. They issued an “equal weight” rating and a $103.00 target price for the company. Susquehanna boosted 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. TD Cowen reiterated a “buy” rating and set a $125.00 target price on shares of AerCap in a research report on Monday, July 29th. Finally, Barclays increased their price target on shares of AerCap from $111.00 to $113.00 and gave the company an “overweight” rating in a research report on Friday, August 2nd. One equities research analyst has rated the stock with a hold rating and eight have given a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $102.38.

AerCap Trading Up 0.9 %

Shares of AER opened at $97.42 on Friday. The company has a 50 day simple moving average of $93.70 and a two-hundred day simple moving average of $88.81. AerCap Holdings has a 1 year low of $57.30 and a 1 year high of $98.79. The company has a debt-to-equity ratio of 2.70, a current ratio of 0.26 and a quick ratio of 0.26. The firm has a market cap of $19.28 billion, a P/E ratio of 6.34, a price-to-earnings-growth ratio of 2.28 and a beta of 1.83.

AerCap (NYSE:AER) last issued its quarterly earnings results on Thursday, August 1st. The financial services provider reported $3.01 earnings per share for the quarter, topping the consensus estimate of $2.41 by $0.60. AerCap had a return on equity of 15.21% and a net margin of 42.02%. The firm had revenue of $1.96 billion for the quarter, compared to the consensus estimate of $1.89 billion. During the same period in the prior year, the business posted $2.56 earnings per share. The company’s revenue for the quarter was up 1.8% on a year-over-year basis. On average, equities analysts expect that AerCap Holdings will post 10.25 earnings per share for the current fiscal year.

AerCap Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 5th. Investors of record on Wednesday, August 14th will be given a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 1.03%. The ex-dividend date is Wednesday, August 14th. AerCap’s payout ratio is 6.51%.

About AerCap

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.