Aercap Holdings N.V. (NYSE:AER) Short Interest Up 29.0% in August

Key Points

• Aercap Holdings experienced a significant increase in short interest, rising by 29.0% to 2,490,000 shares as of August 31st.
• The company's stock recently traded at $120.83, reflecting a modest increase of 0.6%, with an average daily volume of 1,470,000 shares.
• Aercap declared a quarterly dividend of $0.27 per share, representing an annual yield of 0.9% and a payout ratio of 6.72%.

Aercap Holdings N.V. (NYSE:AER - Get Free Report) saw a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 2,490,000 shares, a growth of 29.0% from the August 15th total of 1,930,000 shares. Currently, 1.3% of the company's shares are sold short. Based on an average daily trading volume, of 1,470,000 shares, the days-to-cover ratio is presently 1.7 days. Based on an average daily trading volume, of 1,470,000 shares, the days-to-cover ratio is presently 1.7 days. Currently, 1.3% of the company's shares are sold short.

Hedge Funds Weigh In On Aercap

Several hedge funds have recently modified their holdings of AER. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Aercap by 110.7% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,740 shares of the financial services provider's stock valued at $167,000 after acquiring an additional 914 shares in the last quarter. Squarepoint Ops LLC increased its holdings in shares of Aercap by 149.0% during the fourth quarter. Squarepoint Ops LLC now owns 13,432 shares of the financial services provider's stock valued at $1,285,000 after acquiring an additional 40,832 shares in the last quarter. Zurich Insurance Group Ltd FI acquired a new position in shares of Aercap during the fourth quarter valued at about $9,943,000. Woodline Partners LP increased its holdings in shares of Aercap by 23.2% during the fourth quarter. Woodline Partners LP now owns 128,311 shares of the financial services provider's stock valued at $12,279,000 after acquiring an additional 24,198 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in shares of Aercap by 22.9% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,608,099 shares of the financial services provider's stock valued at $249,595,000 after acquiring an additional 485,999 shares in the last quarter. Institutional investors and hedge funds own 96.42% of the company's stock.

Analyst Upgrades and Downgrades

AER has been the subject of several recent analyst reports. Barclays lifted their price objective on shares of Aercap from $115.00 to $131.00 and gave the stock an "overweight" rating in a research note on Thursday, July 10th. Morgan Stanley lifted their price objective on shares of Aercap from $111.00 to $120.00 and gave the stock an "equal weight" rating in a research note on Thursday, July 17th. Finally, Susquehanna lifted their price objective on shares of Aercap from $130.00 to $134.00 and gave the stock a "positive" rating in a research note on Wednesday, August 13th. Six investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $122.57.

Aercap Stock Down 0.9%

Aercap stock traded down $1.09 during trading hours on Friday, reaching $120.15. The stock had a trading volume of 1,285,414 shares, compared to its average volume of 1,790,165. The company has a market cap of $22.44 billion, a price-to-earnings ratio of 7.47, a PEG ratio of 2.41 and a beta of 1.46. The company has a debt-to-equity ratio of 2.57, a current ratio of 0.44 and a quick ratio of 0.44. The business's 50 day moving average price is $116.41 and its 200-day moving average price is $110.37. Aercap has a 52 week low of $85.57 and a 52 week high of $125.45.

Aercap (NYSE:AER - Get Free Report) last announced its earnings results on Wednesday, July 30th. The financial services provider reported $2.83 EPS for the quarter, topping analysts' consensus estimates of $2.75 by $0.08. The business had revenue of $1.89 billion during the quarter, compared to the consensus estimate of $2.03 billion. Aercap had a net margin of 36.93% and a return on equity of 13.13%. The firm's revenue was down 3.6% on a year-over-year basis. During the same period in the previous year, the company posted $3.01 earnings per share. Aercap has set its FY 2025 guidance at 11.600-11.600 EPS. Sell-side analysts anticipate that Aercap will post 11.29 EPS for the current year.

Aercap Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 4th. Stockholders of record on Wednesday, August 13th were issued a dividend of $0.27 per share. The ex-dividend date was Wednesday, August 13th. This represents a $1.08 annualized dividend and a dividend yield of 0.9%. Aercap's dividend payout ratio is 6.72%.

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.