Alyeska Investment Group L.P. Raises Stock Holdings in AerCap Holdings (NYSE:AER)

Alyeska Investment Group L.P. grew its position in AerCap Holdings (NYSE:AER - Free Report) by 139.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,505,799 shares of the financial services provider's stock after purchasing an additional 875,950 shares during the period. Alyeska Investment Group L.P. owned about 0.76% of AerCap worth $144,105,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in AER. Sumitomo Mitsui DS Asset Management Company Ltd grew its position in AerCap by 0.6% during the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 19,192 shares of the financial services provider's stock valued at $1,837,000 after buying an additional 115 shares during the period. Signaturefd LLC increased its stake in shares of AerCap by 3.2% during the 4th quarter. Signaturefd LLC now owns 5,717 shares of the financial services provider's stock worth $547,000 after purchasing an additional 177 shares during the last quarter. Dorsey & Whitney Trust CO LLC raised its holdings in shares of AerCap by 3.8% in the 4th quarter. Dorsey & Whitney Trust CO LLC now owns 5,322 shares of the financial services provider's stock worth $509,000 after purchasing an additional 194 shares during the period. Inspire Advisors LLC lifted its position in shares of AerCap by 3.4% during the 4th quarter. Inspire Advisors LLC now owns 6,336 shares of the financial services provider's stock valued at $606,000 after buying an additional 209 shares during the last quarter. Finally, Williamson Legacy Group LLC boosted its position in AerCap by 2.5% during the fourth quarter. Williamson Legacy Group LLC now owns 10,674 shares of the financial services provider's stock worth $1,022,000 after purchasing an additional 261 shares during the period. 96.42% of the stock is owned by institutional investors.

AerCap Price Performance

Shares of AER stock traded up $0.18 during trading on Tuesday, hitting $107.81. The company had a trading volume of 1,152,101 shares, compared to its average volume of 1,400,037. AerCap Holdings has a 52 week low of $82.21 and a 52 week high of $108.73. The stock has a market capitalization of $20.14 billion, a price-to-earnings ratio of 8.54, a price-to-earnings-growth ratio of 2.22 and a beta of 1.41. 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 stock's 50-day moving average is $99.75 and its two-hundred day moving average is $97.80.

AerCap (NYSE:AER - Get Free Report) last posted its quarterly earnings data 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 firm had revenue of $2.08 billion for the quarter, compared to analysts' expectations of $2.01 billion. During the same quarter last year, the company posted $3.29 EPS. The business's quarterly revenue was up 2.9% on a year-over-year basis. As a group, analysts predict that AerCap Holdings will post 11.29 EPS for the current fiscal year.

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

AerCap Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 5th. Shareholders of record on Wednesday, May 14th will be given a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a yield of 1.00%. The ex-dividend date is Wednesday, May 14th. AerCap's payout ratio is currently 9.58%.

Wall Street Analyst Weigh In

Several research analysts recently commented on AER shares. Bank of America raised their price objective on shares of AerCap from $105.00 to $125.00 and gave the stock a "buy" rating in a report on Friday, March 7th. JPMorgan Chase & Co. lifted their price target on AerCap from $112.00 to $114.00 and gave the company an "overweight" rating in a research report on Thursday, May 1st. Morgan Stanley increased their price objective on AerCap from $101.00 to $111.00 and gave the stock an "equal weight" rating in a report on Thursday, May 1st. Susquehanna lifted their target price on AerCap from $108.00 to $120.00 and gave the company a "positive" rating in a report on Thursday, February 27th. Finally, UBS Group cut AerCap to an "underperform" rating in a research report on Friday, March 7th. One equities 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 stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $118.00.

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.