Caption Management LLC Buys Shares of 7,000 AerCap Holdings (NYSE:AER)

Caption Management LLC acquired a new position in shares of AerCap Holdings (NYSE:AER - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 7,000 shares of the financial services provider's stock, valued at approximately $670,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Toth Financial Advisory Corp bought a new position in shares of AerCap in the fourth quarter worth about $29,000. Pinpoint Asset Management Ltd purchased a new position in AerCap in the fourth quarter worth approximately $35,000. Fortitude Family Office LLC purchased a new stake in AerCap in the fourth quarter valued at approximately $38,000. Eagle Bay Advisors LLC boosted its stake in shares of AerCap by 1,148.5% during the fourth quarter. Eagle Bay Advisors LLC now owns 1,261 shares of the financial services provider's stock worth $121,000 after buying an additional 1,160 shares during the period. Finally, Blue Trust Inc. increased its position in shares of AerCap by 51.7% during the fourth quarter. Blue Trust Inc. now owns 1,388 shares of the financial services provider's stock worth $131,000 after acquiring an additional 473 shares during the last quarter. Hedge funds and other institutional investors own 96.42% of the company's stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on AER. Morgan Stanley upped their price objective on shares of AerCap from $101.00 to $111.00 and gave the company an "equal weight" rating in a research report on Thursday, May 1st. JPMorgan Chase & Co. raised their price objective on shares of AerCap from $112.00 to $114.00 and gave the company an "overweight" rating in a research report on Thursday, May 1st. Barclays reiterated an "overweight" rating and issued a $115.00 price objective (up previously from $113.00) on shares of AerCap in a research note on Thursday, February 27th. Bank of America boosted their target price on shares of AerCap from $105.00 to $125.00 and gave the stock a "buy" rating in a research report on Friday, March 7th. Finally, UBS Group cut shares of AerCap to an "underperform" rating in a research report on Friday, March 7th. One research analyst has rated the stock with a sell rating, one has given a hold rating and seven have given a buy rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $118.00.

AerCap Stock Up 1.4%

AER stock traded up $1.54 during midday trading on Monday, reaching $111.11. 435,115 shares of the company's stock traded hands, compared to its average volume of 1,386,065. AerCap Holdings has a 52 week low of $82.21 and a 52 week high of $112.52. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 2.89. The company has a market cap of $20.75 billion, a price-to-earnings ratio of 8.80, a P/E/G ratio of 2.22 and a beta of 1.41. The firm's fifty day moving average price is $100.21 and its 200-day moving average price is $98.08.

AerCap (NYSE:AER - Get Free Report) last released its quarterly earnings results on Wednesday, April 30th. The financial services provider reported $3.68 earnings per share for the quarter, beating the consensus estimate of $2.69 by $0.99. AerCap had a net margin of 32.38% and a return on equity of 13.98%. The business had revenue of $2.08 billion for the quarter, compared to analysts' expectations of $2.01 billion. During the same quarter in the previous year, the business posted $3.29 earnings per share. The firm's revenue for the quarter was up 2.9% compared to the same quarter last year. As a group, sell-side analysts forecast that AerCap Holdings will post 11.29 earnings per share for the current fiscal year.

AerCap declared that its board has approved a share repurchase plan on Wednesday, February 26th that allows the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization allows the financial services provider to reacquire up to 4.9% of its stock through open market purchases. Stock repurchase plans are often an indication that the company's board believes its stock is undervalued.

AerCap Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 5th. Shareholders of record on Wednesday, May 14th will be paid a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a yield of 0.97%. The ex-dividend date of this dividend is Wednesday, May 14th. AerCap's dividend payout ratio (DPR) is currently 9.58%.

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.