AerCap Holdings (NYSE:AER) Stock Holdings Lessened by BNP Paribas Financial Markets

BNP Paribas Financial Markets cut its holdings in AerCap Holdings (NYSE:AER - Free Report) by 20.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 132,963 shares of the financial services provider's stock after selling 34,738 shares during the quarter. BNP Paribas Financial Markets owned 0.07% of AerCap worth $12,725,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Bank of New York Mellon Corp boosted its holdings in AerCap by 1.0% during the fourth quarter. Bank of New York Mellon Corp now owns 446,303 shares of the financial services provider's stock worth $42,711,000 after buying an additional 4,222 shares in the last quarter. O Shaughnessy Asset Management LLC boosted its holdings in AerCap by 11.3% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 18,664 shares of the financial services provider's stock worth $1,786,000 after buying an additional 1,900 shares in the last quarter. Barclays PLC boosted its holdings in AerCap by 95.5% during the third quarter. Barclays PLC now owns 91,707 shares of the financial services provider's stock worth $8,687,000 after buying an additional 44,797 shares in the last quarter. Lyrical Asset Management LP boosted its holdings in AerCap by 1.3% during the fourth quarter. Lyrical Asset Management LP now owns 3,097,840 shares of the financial services provider's stock worth $296,463,000 after buying an additional 38,264 shares in the last quarter. Finally, Transform Wealth LLC boosted its holdings in AerCap by 13.0% during the fourth quarter. Transform Wealth LLC now owns 127,208 shares of the financial services provider's stock worth $12,174,000 after buying an additional 14,619 shares in the last quarter. Institutional investors and hedge funds own 96.42% of the company's stock.

AerCap Stock Up 0.2%

Shares of AER stock traded up $0.28 on Wednesday, hitting $112.37. The stock had a trading volume of 1,362,214 shares, compared to its average volume of 1,391,863. The firm has a market capitalization of $20.99 billion, a price-to-earnings ratio of 8.90, a P/E/G ratio of 2.22 and a beta of 1.41. The stock's 50 day moving average is $100.87 and its 200-day moving average is $98.38. 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 52-week low of $82.21 and a 52-week high of $113.10.

AerCap (NYSE:AER - Get Free Report) last announced its quarterly earnings data on Wednesday, April 30th. The financial services provider reported $3.68 earnings per share for the quarter, topping the consensus estimate of $2.69 by $0.99. The company had revenue of $2.08 billion during the quarter, compared to analyst estimates of $2.01 billion. AerCap had a net margin of 32.38% and a return on equity of 13.98%. The firm's revenue for the quarter was up 2.9% compared to the same quarter last year. During the same period last year, the business earned $3.29 EPS. As a group, research analysts expect that AerCap Holdings will post 11.29 earnings per share for the current year.

AerCap Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 5th. Shareholders of record on Wednesday, May 14th will be paid a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a yield of 0.96%. The ex-dividend date of this dividend is Wednesday, May 14th. AerCap's payout ratio is currently 9.58%.

AerCap announced that its Board of Directors has authorized a share buyback plan on Wednesday, February 26th that permits the company to repurchase $1.00 billion in shares. This repurchase authorization permits the financial services provider to purchase up to 4.9% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company's management believes its shares are undervalued.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the stock. Susquehanna boosted their price objective on shares of AerCap from $120.00 to $130.00 and gave the stock a "positive" rating in a report on Tuesday. UBS Group lowered shares of AerCap to an "underperform" rating in a research report on Friday, March 7th. Morgan Stanley upped their price target on shares of AerCap from $101.00 to $111.00 and gave the stock an "equal weight" rating in a research report on Thursday, May 1st. JPMorgan Chase & Co. upped 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. Finally, Barclays reaffirmed an "overweight" rating and set a $115.00 price target (up previously from $113.00) on shares of AerCap in a research report on Thursday, February 27th. One analyst has rated the stock with a sell rating, one has given a hold rating and seven have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $119.25.

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.