RBF Capital LLC Purchases 25,000 Shares of AerCap Holdings (NYSE:AER)

RBF Capital LLC grew its stake in shares of AerCap Holdings (NYSE:AER - Free Report) by 166.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 40,000 shares of the financial services provider's stock after acquiring an additional 25,000 shares during the quarter. RBF Capital LLC's holdings in AerCap were worth $3,828,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Toth Financial Advisory Corp purchased a new stake in AerCap in the fourth quarter worth approximately $29,000. Pinpoint Asset Management Ltd bought a new stake in shares of AerCap in the fourth quarter worth $35,000. Fortitude Family Office LLC purchased a new stake in AerCap during the fourth quarter valued at $38,000. Eagle Bay Advisors LLC lifted its holdings in AerCap by 1,148.5% in the fourth quarter. Eagle Bay Advisors LLC now owns 1,261 shares of the financial services provider's stock valued at $121,000 after acquiring an additional 1,160 shares during the period. Finally, Blue Trust Inc. boosted its position in AerCap by 51.7% in the fourth quarter. Blue Trust Inc. now owns 1,388 shares of the financial services provider's stock worth $131,000 after purchasing an additional 473 shares during the last quarter. 96.42% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. Morgan Stanley cut their price objective on shares of AerCap from $112.00 to $101.00 and set an "equal weight" rating for the company in a research report on Friday, April 11th. Bank of America lifted their price target on shares of AerCap from $105.00 to $125.00 and gave the company a "buy" rating in a report on Friday, March 7th. Susquehanna raised 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. Barclays restated an "overweight" rating and issued a $115.00 price target (up from $113.00) on shares of AerCap in a research note on Thursday, February 27th. Finally, UBS Group cut shares of AerCap to an "underperform" rating in a research report on Friday, March 7th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and six 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 an average price target of $117.14.

AerCap Price Performance

Shares of NYSE AER traded up $0.33 during midday trading on Monday, reaching $103.63. 522,991 shares of the stock traded hands, compared to its average volume of 1,612,748. The company's 50 day moving average is $99.29 and its 200 day moving average is $97.36. AerCap Holdings has a one year low of $82.21 and a one year high of $107.36. The stock has a market capitalization of $19.36 billion, a PE ratio of 8.22, a P/E/G ratio of 2.22 and a beta of 1.46. 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 - Get Free Report) last issued its quarterly earnings data on Wednesday, February 26th. The financial services provider reported $3.31 EPS for the quarter, topping analysts' consensus estimates of $2.56 by $0.75. AerCap had a net margin of 32.38% and a return on equity of 13.98%. The business had revenue of $2.07 billion during the quarter, compared to analysts' expectations of $1.97 billion. On average, equities research analysts anticipate that AerCap Holdings will post 11.29 earnings per share for the current year.

AerCap Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 3rd. Stockholders of record on Wednesday, March 12th were paid a $0.27 dividend. This represents a $1.08 annualized dividend and a dividend yield of 1.04%. This is a positive change from AerCap's previous quarterly dividend of $0.25. The ex-dividend date was Wednesday, March 12th. AerCap's dividend payout ratio (DPR) is presently 9.99%.

AerCap announced that its board has authorized a stock buyback plan on Wednesday, February 26th that authorizes the company to buyback $1.00 billion in outstanding shares. This buyback authorization authorizes the financial services provider to reacquire up to 4.9% of its stock through open market purchases. Stock buyback plans are generally a sign that the company's board believes its stock is 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.