Marshall Wace LLP Makes New $25.26 Million Investment in AerCap Holdings (NYSE:AER)

Marshall Wace LLP acquired a new position in AerCap Holdings (NYSE:AER) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 271,066 shares of the financial services provider’s stock, valued at approximately $25,263,000. Marshall Wace LLP owned 0.14% of AerCap at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. TOMS Capital Investment Management LP purchased a new stake in shares of AerCap in the fourth quarter worth about $133,330,000. Castle Hook Partners LP acquired a new stake in shares of AerCap during the 1st quarter worth approximately $94,062,000. Palestra Capital Management LLC acquired a new position in shares of AerCap in the 4th quarter valued at $76,027,000. Troluce Capital Advisors LLC grew its position in AerCap by 163.8% during the fourth quarter. Troluce Capital Advisors LLC now owns 191,300 shares of the financial services provider’s stock valued at $14,217,000 after buying an additional 491,300 shares during the period. Finally, Blackstone Inc. raised its position in shares of AerCap by 187.5% in the fourth quarter. Blackstone Inc. now owns 575,000 shares of the financial services provider’s stock worth $42,734,000 after acquiring an additional 375,000 shares during the period. 96.42% of the stock is currently owned by institutional investors and hedge funds.

AerCap Stock Down 0.9 %

Shares of NYSE AER opened at $94.45 on Friday. The stock has a market cap of $18.69 billion, a PE ratio of 6.15, a P/E/G ratio of 2.16 and a beta of 1.83. The company has a current ratio of 0.29, a quick ratio of 0.29 and a debt-to-equity ratio of 2.69. AerCap Holdings has a 12-month low of $57.30 and a 12-month high of $98.79. The company has a 50-day moving average of $93.48 and a 200 day moving average of $90.81.

AerCap (NYSE:AER) last posted its quarterly earnings results on Thursday, August 1st. The financial services provider reported $3.01 EPS for the quarter, beating the consensus estimate of $2.41 by $0.60. The firm had revenue of $1.96 billion during the quarter, compared to analysts’ expectations of $1.89 billion. AerCap had a return on equity of 15.12% and a net margin of 42.02%. The business’s revenue for the quarter was up 1.8% on a year-over-year basis. During the same quarter last year, the firm earned $2.56 earnings per share. As a group, sell-side analysts predict that AerCap Holdings will post 11.33 EPS for the current fiscal year.

AerCap Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 5th. Investors of record on Wednesday, August 14th were issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.06%. The ex-dividend date was Wednesday, August 14th. AerCap’s dividend payout ratio is currently 6.51%.

Analyst Ratings Changes

A number of equities analysts have issued reports on AER shares. TD Cowen reiterated a “buy” rating and set a $125.00 price target on shares of AerCap in a research report on Monday, July 29th. Susquehanna lifted their price target on shares of AerCap from $100.00 to $108.00 and gave the company a “positive” rating in a research note on Friday, August 2nd. Barclays boosted their price target on shares of AerCap from $111.00 to $113.00 and gave the stock an “overweight” rating in a report on Friday, August 2nd. Finally, Morgan Stanley assumed coverage on shares of AerCap in a report on Friday, June 7th. They set an “equal weight” rating and a $103.00 price objective on the stock. One investment analyst has rated the stock with a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat, AerCap presently has an average rating of “Moderate Buy” and an average price target of $102.38.

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.