Atria Investments Inc Grows Stock Holdings in AerCap Holdings (NYSE:AER)

Atria Investments Inc boosted its stake in AerCap Holdings (NYSE:AER) by 3.4% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 14,072 shares of the financial services provider’s stock after acquiring an additional 457 shares during the period. Atria Investments Inc’s holdings in AerCap were worth $1,333,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in AER. Blue Trust Inc. raised its stake in shares of AerCap by 89.9% during the second 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 last quarter. Mather Group LLC. increased 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 during the period. UMB Bank n.a. raised its position in AerCap by 35.5% during the 3rd quarter. UMB Bank n.a. now owns 664 shares of the financial services provider’s stock worth $63,000 after buying an additional 174 shares during the last quarter. Federated Hermes Inc. lifted its stake in shares of AerCap by 209.1% in the 2nd quarter. Federated Hermes Inc. now owns 1,567 shares of the financial services provider’s stock worth $146,000 after acquiring an additional 1,060 shares during the period. Finally, Gordian Capital Singapore Pte Ltd boosted its holdings in shares of AerCap by 33.3% in the second quarter. Gordian Capital Singapore Pte Ltd now owns 2,000 shares of the financial services provider’s stock valued at $186,000 after acquiring an additional 500 shares in the last quarter. 96.42% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

AER has been the subject of several analyst reports. Barclays increased 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. Susquehanna raised their price target on AerCap from $100.00 to $108.00 and gave the company a “positive” rating in a report on Friday, August 2nd. TD Cowen reaffirmed a “buy” rating and set a $125.00 price objective on shares of AerCap in a report on Monday, July 29th. Finally, Deutsche Bank Aktiengesellschaft raised their target price on AerCap from $110.00 to $115.00 and gave the company a “buy” rating in a report on Tuesday, October 22nd. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat.com, AerCap currently has an average rating of “Moderate Buy” and an average target price of $110.83.

AerCap Stock Performance

NYSE AER opened at $95.27 on Friday. The business has a 50 day moving average price of $95.19 and a 200 day moving average price of $93.45. The company has a market capitalization of $18.86 billion, a P/E ratio of 7.55, a PEG ratio of 2.13 and a beta of 1.83. AerCap Holdings has a 1-year low of $66.34 and a 1-year high of $99.68. The company has a debt-to-equity ratio of 2.89, a current ratio of 0.67 and a quick ratio of 0.67.

AerCap (NYSE:AER) last announced its quarterly earnings results on Wednesday, October 30th. The financial services provider reported $2.41 earnings per share for the quarter, meeting analysts’ consensus estimates of $2.41. AerCap had a return on equity of 13.98% and a net margin of 32.38%. The business had revenue of $1.95 billion during the quarter, compared to analysts’ expectations of $1.92 billion. During the same quarter last year, the business posted $2.81 earnings per share. The business’s revenue for the quarter was up 3.0% on a year-over-year basis. Sell-side analysts expect that AerCap Holdings will post 11.26 EPS for the current fiscal year.

AerCap Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 5th. Shareholders of record on Wednesday, November 13th will be issued a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 1.05%. The ex-dividend date of this dividend is Wednesday, November 13th. AerCap’s dividend payout ratio (DPR) is presently 7.92%.

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.