AerCap Holdings (NYSE:AER) Shares Acquired by Ethic Inc.

Ethic Inc. lifted its position in shares of AerCap Holdings (NYSE:AER - Free Report) by 35.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 30,448 shares of the financial services provider's stock after buying an additional 7,949 shares during the period. Ethic Inc.'s holdings in AerCap were worth $2,914,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. 59 North Capital Management LP increased its holdings in AerCap by 17.0% in the 4th quarter. 59 North Capital Management LP now owns 3,704,914 shares of the financial services provider's stock valued at $354,560,000 after purchasing an additional 538,703 shares in the last quarter. Lyrical Asset Management LP increased its holdings in AerCap by 1.3% in the 4th quarter. Lyrical Asset Management LP now owns 3,097,840 shares of the financial services provider's stock valued at $296,463,000 after purchasing an additional 38,264 shares in the last quarter. Cooke & Bieler LP boosted its position in AerCap by 3.0% in the 4th quarter. Cooke & Bieler LP now owns 2,934,185 shares of the financial services provider's stock valued at $280,802,000 after buying an additional 86,548 shares during the last quarter. Ninety One UK Ltd boosted its position in AerCap by 7.0% in the 4th quarter. Ninety One UK Ltd now owns 2,550,350 shares of the financial services provider's stock valued at $244,068,000 after buying an additional 167,830 shares during the last quarter. Finally, Norges Bank purchased a new position in AerCap in the 4th quarter valued at about $218,517,000. 96.42% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on AER shares. UBS Group cut shares of AerCap to an "underperform" rating in a research report on Friday, March 7th. Susquehanna upped their price objective on shares of AerCap from $108.00 to $120.00 and gave the company a "positive" rating in a research report on Thursday, February 27th. Bank of America upped their price objective on shares of AerCap from $105.00 to $125.00 and gave the company a "buy" rating in a research report on Friday, March 7th. Barclays reissued an "overweight" rating and issued a $115.00 price objective (up from $113.00) on shares of AerCap in a research report on Thursday, February 27th. Finally, JPMorgan Chase & Co. increased their price target on shares of AerCap from $112.00 to $114.00 and gave the stock an "overweight" rating in a research report on Thursday, May 1st. One analyst has rated the stock with a sell rating, one has issued a hold rating and seven have given a buy rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $118.00.

AerCap Stock Performance

Shares of AER stock opened at $109.48 on Monday. The company has a debt-to-equity ratio of 2.89, a quick ratio of 0.67 and a current ratio of 0.67. AerCap Holdings has a one year low of $82.21 and a one year high of $112.43. The company's 50-day simple moving average is $100.21 and its 200-day simple moving average is $98.08. The stock has a market capitalization of $20.45 billion, a price-to-earnings ratio of 8.68, a PEG ratio of 2.22 and a beta of 1.41.

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

AerCap Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 5th. Investors of record on Wednesday, May 14th will be paid a dividend of $0.27 per share. The ex-dividend date is Wednesday, May 14th. This represents a $1.08 annualized dividend and a yield of 0.99%. AerCap's dividend payout ratio (DPR) is 9.58%.

AerCap announced that its board has authorized a stock repurchase program on Wednesday, February 26th that allows the company to buyback $1.00 billion in outstanding shares. This buyback authorization allows the financial services provider to buy up to 4.9% of its stock through open market purchases. Stock buyback programs are typically an indication that the company's leadership believes its shares are undervalued.

AerCap 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.

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