AerCap Holdings (NYSE:AER) Shares Sold by Private Advisor Group LLC

Private Advisor Group LLC reduced its stake in shares of AerCap Holdings (NYSE:AER) by 7.8% during the 3rd quarter, Holdings Channel.com reports. The firm owned 4,653 shares of the financial services provider’s stock after selling 391 shares during the quarter. Private Advisor Group LLC’s holdings in AerCap were worth $441,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Blue Trust Inc. grew its position in AerCap by 89.9% during the 2nd quarter. Blue Trust Inc. now owns 283 shares of the financial services provider’s stock worth $25,000 after purchasing an additional 134 shares during the period. Mather Group LLC. lifted its stake in AerCap by 230.1% in the 2nd quarter. Mather Group LLC. now owns 307 shares of the financial services provider’s stock valued at $27,000 after buying an additional 214 shares in the last quarter. UMB Bank n.a. lifted its stake in AerCap by 35.5% in the 3rd quarter. UMB Bank n.a. now owns 664 shares of the financial services provider’s stock valued at $63,000 after buying an additional 174 shares in the last quarter. Federated Hermes Inc. lifted its stake in AerCap by 209.1% in the 2nd quarter. Federated Hermes Inc. now owns 1,567 shares of the financial services provider’s stock valued at $146,000 after buying an additional 1,060 shares in the last quarter. Finally, Headlands Technologies LLC purchased a new position in AerCap in the 1st quarter valued at about $185,000. 96.42% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts recently weighed in on the stock. TD Cowen reaffirmed a “buy” rating and issued a $125.00 price target on shares of AerCap in a research note on Monday, July 29th. Barclays raised their price target on shares of AerCap from $111.00 to $113.00 and gave the company an “overweight” rating in a research note on Friday, August 2nd. Deutsche Bank Aktiengesellschaft raised their price target on shares of AerCap from $110.00 to $115.00 and gave the company a “buy” rating in a research note on Tuesday, October 22nd. Finally, Susquehanna raised their target price on shares of AerCap from $100.00 to $108.00 and gave the stock a “positive” rating in a research note on Friday, August 2nd. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $110.83.

AerCap Stock Down 0.4 %

Shares of NYSE AER opened at $93.94 on Tuesday. The company has a 50 day simple moving average of $94.80 and a 200-day simple moving average of $92.72. The company has a market capitalization of $18.59 billion, a P/E ratio of 7.47, a P/E/G ratio of 2.22 and a beta of 1.83. The company has a debt-to-equity ratio of 2.89, a current ratio of 0.67 and a quick ratio of 0.29. AerCap Holdings has a 1 year low of $63.34 and a 1 year high of $99.30.

AerCap (NYSE:AER) last announced its quarterly earnings results on Wednesday, October 30th. The financial services provider reported $2.41 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $2.41. AerCap had a net margin of 32.38% and a return on equity of 13.98%. The business had revenue of $1.95 billion during the quarter, compared to the consensus estimate of $1.92 billion. During the same quarter last year, the firm earned $2.81 EPS. The business’s revenue was up 3.0% compared to the same quarter last year. On average, equities research analysts predict that AerCap Holdings will post 10.7 earnings per share for the current year.

AerCap Dividend Announcement

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

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.