AerCap Holdings (NYSE:AER) Stock Holdings Lifted by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC increased its holdings in AerCap Holdings (NYSE:AER) by 161.0% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 20,786 shares of the financial services provider’s stock after buying an additional 12,822 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in AerCap were worth $1,969,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of the business. Donald Smith & CO. Inc. grew its holdings in shares of AerCap by 0.3% during the first quarter. Donald Smith & CO. Inc. now owns 4,080,070 shares of the financial services provider’s stock valued at $354,599,000 after purchasing an additional 10,670 shares during the last quarter. Barrow Hanley Mewhinney & Strauss LLC increased its position in AerCap by 12.6% in the second quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 1,860,757 shares of the financial services provider’s stock worth $173,423,000 after buying an additional 208,407 shares during the period. Castle Hook Partners LP bought a new stake in AerCap in the first quarter valued at $94,062,000. AGF Management Ltd. boosted its holdings in shares of AerCap by 35.4% during the second quarter. AGF Management Ltd. now owns 1,068,447 shares of the financial services provider’s stock valued at $99,579,000 after acquiring an additional 279,561 shares during the period. Finally, Russell Investments Group Ltd. grew its position in shares of AerCap by 37.9% during the first quarter. Russell Investments Group Ltd. now owns 998,526 shares of the financial services provider’s stock worth $86,783,000 after acquiring an additional 274,558 shares during the last quarter. Institutional investors own 96.42% of the company’s stock.

AerCap Price Performance

Shares of NYSE:AER opened at $94.31 on Friday. The stock has a market cap of $18.67 billion, a price-to-earnings ratio of 7.47, a PEG ratio of 2.23 and a beta of 1.83. The company has a debt-to-equity ratio of 2.69, a current ratio of 0.29 and a quick ratio of 0.29. AerCap Holdings has a 12 month low of $63.20 and a 12 month high of $99.30. The stock’s 50 day moving average price is $94.80 and its 200 day moving average price is $92.58.

AerCap (NYSE:AER) last posted its quarterly earnings data on Wednesday, October 30th. The financial services provider reported $2.41 EPS for the quarter, hitting analysts’ consensus estimates of $2.41. AerCap had a return on equity of 13.96% and a net margin of 32.38%. The company had revenue of $1.95 billion for the quarter, compared to the consensus estimate of $1.92 billion. During the same quarter in the previous year, the business earned $2.81 EPS. The company’s quarterly revenue was up 3.0% compared to the same quarter last year. Equities research analysts anticipate that AerCap Holdings will post 10.7 earnings per share for the current fiscal year.

AerCap Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 5th. Stockholders of record on Wednesday, November 13th will be given a dividend of $0.25 per share. The ex-dividend date is Wednesday, November 13th. This represents a $1.00 annualized dividend and a dividend yield of 1.06%. AerCap’s dividend payout ratio (DPR) is 7.92%.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the stock. Susquehanna boosted their target price 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 increased their price objective on AerCap from $111.00 to $113.00 and gave the stock an “overweight” rating in a report on Friday, August 2nd. Deutsche Bank Aktiengesellschaft lifted their target price on AerCap from $110.00 to $115.00 and gave the company a “buy” rating in a research note on Tuesday, October 22nd. Finally, 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. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $110.83.

AerCap 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.