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AerCap Holdings (NYSE:AER) Shares Bought by 180 Wealth Advisors LLC

AerCap logo with Transportation background

180 Wealth Advisors LLC lifted its holdings in shares of AerCap Holdings (NYSE:AER - Free Report) by 30.9% during the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 14,691 shares of the financial services provider's stock after acquiring an additional 3,472 shares during the period. 180 Wealth Advisors LLC's holdings in AerCap were worth $1,501,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. 59 North Capital Management LP increased its position in AerCap by 17.0% during the fourth quarter. 59 North Capital Management LP now owns 3,704,914 shares of the financial services provider's stock worth $354,560,000 after buying an additional 538,703 shares during the period. Lyrical Asset Management LP increased its position 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 during the period. Cooke & Bieler LP increased its position in AerCap by 3.0% during the fourth quarter. Cooke & Bieler LP now owns 2,934,185 shares of the financial services provider's stock worth $280,802,000 after buying an additional 86,548 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in AerCap by 22.9% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,608,099 shares of the financial services provider's stock worth $249,595,000 after buying an additional 485,999 shares during the period. Finally, Ninety One UK Ltd increased its position in AerCap by 7.0% during the fourth quarter. Ninety One UK Ltd now owns 2,550,350 shares of the financial services provider's stock worth $244,068,000 after buying an additional 167,830 shares during the period. Institutional investors and hedge funds own 96.42% of the company's stock.

Analysts Set New Price Targets

Several research analysts have commented on AER shares. Morgan Stanley lifted their price target on AerCap from $101.00 to $111.00 and gave the stock an "equal weight" rating in a research report on Thursday, May 1st. Susquehanna lifted their price target on AerCap from $120.00 to $130.00 and gave the stock a "positive" rating in a research report on Tuesday, May 13th. UBS Group downgraded AerCap to an "underperform" rating in a research note on Friday, March 7th. JPMorgan Chase & Co. lifted their target price on AerCap from $112.00 to $114.00 and gave the company an "overweight" rating in a research note on Thursday, May 1st. Finally, Bank of America lifted their target price on AerCap from $105.00 to $125.00 and gave the company a "buy" rating in a research note 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. According to data from MarketBeat, AerCap presently has a consensus rating of "Moderate Buy" and an average target price of $119.25.

Read Our Latest Stock Report on AER

AerCap Price Performance

Shares of AerCap stock traded up $1.05 during trading on Thursday, reaching $115.70. The company's stock had a trading volume of 386,849 shares, compared to its average volume of 1,383,004. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 2.89. AerCap Holdings has a 12-month low of $82.21 and a 12-month high of $116.28. The company has a market capitalization of $21.61 billion, a P/E ratio of 9.17, a price-to-earnings-growth ratio of 2.22 and a beta of 1.41. The business has a 50 day moving average price of $104.59 and a 200-day moving average price of $100.26.

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 for the quarter, beating analysts' consensus estimates of $2.69 by $0.99. AerCap had a return on equity of 13.98% and a net margin of 32.38%. The firm had revenue of $2.08 billion for the quarter, compared to the consensus estimate of $2.01 billion. During the same period in the previous year, the business earned $3.29 earnings per share. The company's revenue for the quarter was up 2.9% compared to the same quarter last year. As a group, sell-side analysts anticipate that AerCap Holdings will post 11.29 EPS for the current year.

AerCap Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 5th. Investors of record on Wednesday, May 14th will be issued a dividend of $0.27 per share. The ex-dividend date is Wednesday, May 14th. This represents a $1.08 annualized dividend and a yield of 0.93%. AerCap's dividend payout ratio is presently 9.58%.

AerCap declared that its Board of Directors has initiated a stock repurchase program on Wednesday, February 26th that permits the company to buyback $1.00 billion in shares. This buyback authorization permits the financial services provider to purchase up to 4.9% of its shares through open market purchases. Shares buyback programs are typically an indication that the company's board believes its stock is 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.

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Institutional Ownership by Quarter for AerCap (NYSE:AER)

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