AerCap Holdings (NYSE:AER) Holdings Reduced by Deutsche Bank AG

Deutsche Bank AG cut its holdings in shares of AerCap Holdings (NYSE:AER - Free Report) by 1.6% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 1,206,337 shares of the financial services provider's stock after selling 19,530 shares during the period. Deutsche Bank AG owned approximately 0.61% of AerCap worth $115,446,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the company. Toth Financial Advisory Corp acquired a new position in shares of AerCap during the 4th quarter worth approximately $29,000. Pinpoint Asset Management Ltd purchased a new stake in shares of AerCap during the 4th quarter valued at approximately $35,000. Fortitude Family Office LLC purchased a new stake in shares of AerCap during the 4th quarter valued at approximately $38,000. Eagle Bay Advisors LLC raised its position in shares of AerCap by 1,148.5% during the 4th quarter. Eagle Bay Advisors LLC now owns 1,261 shares of the financial services provider's stock valued at $121,000 after buying an additional 1,160 shares during the period. Finally, Blue Trust Inc. raised its position in shares of AerCap by 51.7% during the 4th quarter. Blue Trust Inc. now owns 1,388 shares of the financial services provider's stock valued at $131,000 after buying an additional 473 shares during the period. 96.42% of the stock is currently owned by institutional investors and hedge funds.

AerCap Stock Performance

Shares of NYSE:AER traded up $0.28 on Wednesday, reaching $112.37. The company's stock had a trading volume of 1,362,214 shares, compared to its average volume of 1,391,863. The stock's 50-day moving average is $100.87 and its two-hundred day moving average is $98.38. AerCap Holdings has a 52-week low of $82.21 and a 52-week high of $113.10. 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 stock has a market capitalization of $20.99 billion, a P/E ratio of 8.90, a PEG ratio of 2.22 and a beta of 1.41.

AerCap (NYSE:AER - Get Free Report) last posted its quarterly earnings results on Wednesday, April 30th. The financial services provider reported $3.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.69 by $0.99. The firm had revenue of $2.08 billion during 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 firm's revenue for the quarter was up 2.9% on a year-over-year basis. During the same period in the prior year, the company posted $3.29 earnings per share. As a group, sell-side analysts forecast that AerCap Holdings will post 11.29 EPS for the current year.

AerCap Announces Dividend

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

AerCap announced that its Board of Directors has initiated a stock buyback plan on Wednesday, February 26th that authorizes the company to buyback $1.00 billion in shares. This buyback authorization authorizes the financial services provider to purchase up to 4.9% of its shares through open market purchases. Shares buyback plans are often a sign that the company's leadership believes its shares are undervalued.

Wall Street Analyst Weigh In

A number of analysts have issued reports on the company. UBS Group lowered AerCap to an "underperform" rating in a research report on Friday, March 7th. JPMorgan Chase & Co. boosted their target price on shares of AerCap from $112.00 to $114.00 and gave the stock an "overweight" rating in a research note on Thursday, May 1st. Susquehanna boosted their target price on shares of AerCap from $120.00 to $130.00 and gave the stock a "positive" rating in a research note on Tuesday. Barclays restated an "overweight" rating and issued a $115.00 price objective (up previously from $113.00) on shares of AerCap in a research note on Thursday, February 27th. Finally, Morgan Stanley upped their price objective 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. One research analyst has rated the stock with a sell rating, one has issued a hold rating and seven have assigned a buy rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $119.25.

About AerCap

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.