Aercap Holdings N.V. (NYSE:AER) Given Average Rating of "Moderate Buy" by Analysts

Key Points

• Analyst consensus: Aercap has a "Moderate Buy" consensus from 10 analysts (8 buys, 2 holds) with an average 1‑year price target of $153.38 and notable targets including Deutsche Bank $175, Barclays $162 and Morgan Stanley $160.
• Heavy institutional ownership: Hedge funds and other institutions own 96.42% of the stock, with large position increases from State Street, Mizuho Markets Cayman, Mawer, Ninety One UK and JPMorgan.
• Recent results and shareholder yield: Q reported EPS $3.95 vs $3.31 est and revenue $2.36B vs $2.07B, the company trades at a P/E of 6.51 and recently raised its quarterly dividend to $0.40 (annualized $1.60, yield ~1.2%).

Aercap Holdings N.V. (NYSE:AER - Get Free Report) has received a consensus recommendation of "Moderate Buy" from the ten analysts that are covering the stock, Marketbeat reports. Two investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $153.3750.

Several analysts have weighed in on AER shares. Weiss Ratings reissued a "buy (b+)" rating on shares of Aercap in a research note on Monday, April 20th. Zacks Research downgraded shares of Aercap from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, December 30th. Deutsche Bank Aktiengesellschaft set a $175.00 price target on shares of Aercap and gave the stock a "buy" rating in a research note on Tuesday, February 10th. Barclays boosted their price target on shares of Aercap from $144.00 to $162.00 and gave the stock an "overweight" rating in a research note on Tuesday, January 6th. Finally, Morgan Stanley boosted their price target on shares of Aercap from $150.00 to $160.00 and gave the stock an "equal weight" rating in a research note on Monday, March 2nd.

Hedge Funds Weigh In On Aercap

A number of hedge funds have recently modified their holdings of the company. State Street Corp increased its position in shares of Aercap by 3.7% in the fourth quarter. State Street Corp now owns 5,112,626 shares of the financial services provider's stock valued at $735,003,000 after acquiring an additional 184,425 shares during the period. Mizuho Markets Cayman LP increased its position in shares of Aercap by 45,615.5% in the third quarter. Mizuho Markets Cayman LP now owns 3,510,491 shares of the financial services provider's stock valued at $424,769,000 after acquiring an additional 3,502,812 shares during the period. Mawer Investment Management Ltd. increased its position in shares of Aercap by 56.3% during the fourth quarter. Mawer Investment Management Ltd. now owns 3,272,935 shares of the financial services provider's stock valued at $470,517,000 after buying an additional 1,179,241 shares during the period. Ninety One UK Ltd increased its position in shares of Aercap by 1.1% during the fourth quarter. Ninety One UK Ltd now owns 2,804,003 shares of the financial services provider's stock valued at $403,103,000 after buying an additional 31,794 shares during the period. Finally, JPMorgan Chase & Co. increased its position in shares of Aercap by 2.7% during the fourth quarter. JPMorgan Chase & Co. now owns 2,738,772 shares of the financial services provider's stock valued at $393,726,000 after buying an additional 71,923 shares during the period. Hedge funds and other institutional investors own 96.42% of the company's stock.

Aercap Stock Performance

NYSE AER opened at $138.88 on Tuesday. Aercap has a 52-week low of $103.07 and a 52-week high of $154.94. The company has a debt-to-equity ratio of 2.38, a quick ratio of 0.23 and a current ratio of 0.23. The company has a market capitalization of $23.18 billion, a P/E ratio of 6.51, a P/E/G ratio of 1.21 and a beta of 0.99. The company has a fifty day moving average of $141.96 and a 200-day moving average of $139.17.

Aercap (NYSE:AER - Get Free Report) last posted its quarterly earnings data on Saturday, February 7th. The financial services provider reported $3.95 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.31 by $0.64. Aercap had a net margin of 44.04% and a return on equity of 15.11%. The company had revenue of $2.36 billion during the quarter, compared to the consensus estimate of $2.07 billion. During the same period in the previous year, the firm posted $3.31 EPS. The firm's revenue was up 8.3% compared to the same quarter last year. As a group, equities research analysts predict that Aercap will post 15.4 EPS for the current fiscal year.

Aercap Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 19th. Shareholders of record on Wednesday, February 25th were given a $0.40 dividend. The ex-dividend date was Wednesday, February 25th. This is a positive change from Aercap's previous quarterly dividend of $0.27. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.2%. Aercap's dividend payout ratio is presently 7.50%.

About Aercap

AerCap Holdings N.V. NYSE: AER is a global aircraft leasing and aviation finance company that acquires, leases, sells and manages commercial aircraft and engines. Its core services include operating leases, finance leases, sale-and-leaseback transactions, aircraft trading and remarketing, and asset management for airline customers. The company also provides related commercial and technical support services designed to optimize fleet utilization and residual values over the life cycle of aircraft and engines.

Operating with a broad global footprint, AerCap serves airlines and other aviation customers across North America, Europe, Asia-Pacific, Latin America, the Middle East and Africa.

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