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Captrust Financial Advisors Purchases 10,057 Shares of AerCap Holdings (NYSE:AER)

AerCap logo with Transportation background

Captrust Financial Advisors increased its holdings in AerCap Holdings (NYSE:AER - Free Report) by 37.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 37,081 shares of the financial services provider's stock after acquiring an additional 10,057 shares during the quarter. Captrust Financial Advisors' holdings in AerCap were worth $3,549,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in AER. Toth Financial Advisory Corp bought a new position in shares of AerCap during the fourth quarter valued at approximately $29,000. Pinpoint Asset Management Ltd bought a new stake in AerCap during the 4th quarter valued at $35,000. Fortitude Family Office LLC bought a new stake in AerCap during the 4th quarter valued at $38,000. Eagle Bay Advisors LLC increased its holdings in shares of AerCap by 1,148.5% in the 4th 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. raised its position in shares of AerCap by 51.7% in the 4th quarter. Blue Trust Inc. now owns 1,388 shares of the financial services provider's stock worth $131,000 after acquiring an additional 473 shares in the last quarter. Hedge funds and other institutional investors own 96.42% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms have issued reports on AER. Susquehanna lifted their target price on AerCap from $108.00 to $120.00 and gave the company a "positive" rating in a research note on Thursday, February 27th. Bank of America boosted their price objective on shares of AerCap from $105.00 to $125.00 and gave the stock a "buy" rating in a research note on Friday, March 7th. Morgan Stanley raised their target price on shares of AerCap from $101.00 to $111.00 and gave the company an "equal weight" rating in a research note on Thursday, May 1st. JPMorgan Chase & Co. upped their price target on AerCap from $112.00 to $114.00 and gave the stock an "overweight" rating in a research report on Thursday, May 1st. Finally, Barclays reissued an "overweight" rating and issued a $115.00 price objective (up previously from $113.00) on shares of AerCap in a research report on Thursday, February 27th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and seven have given a buy rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $118.00.

Check Out Our Latest Research Report on AerCap

AerCap Stock Performance

Shares of AER stock opened at $109.48 on Friday. The business has a fifty day moving average of $100.21 and a 200 day moving average of $98.06. AerCap Holdings has a 1 year low of $82.21 and a 1 year high of $109.59. The company has a debt-to-equity ratio of 2.89, a current ratio of 0.67 and a quick ratio of 0.67. The firm has a market capitalization of $20.45 billion, a price-to-earnings ratio of 8.68, a price-to-earnings-growth ratio of 2.22 and a beta of 1.41.

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

AerCap Announces Dividend

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

AerCap announced that its board has approved a stock repurchase plan on Wednesday, February 26th that allows the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization allows the financial services provider to repurchase up to 4.9% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company's board believes its shares are undervalued.

AerCap Company Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for AerCap (NYSE:AER)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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