48,343 Shares in Aercap Holdings N.V. (NYSE:AER) Purchased by Generate Investment Management Ltd

Generate Investment Management Ltd acquired a new position in Aercap Holdings N.V. (NYSE:AER - Free Report) in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 48,343 shares of the financial services provider's stock, valued at approximately $4,939,000.

Several other hedge funds have also modified their holdings of the company. Signaturefd LLC lifted its position in shares of Aercap by 3.2% during the fourth quarter. Signaturefd LLC now owns 5,717 shares of the financial services provider's stock valued at $547,000 after buying an additional 177 shares during the last quarter. Dorsey & Whitney Trust CO LLC lifted its position in shares of Aercap by 3.8% during the fourth quarter. Dorsey & Whitney Trust CO LLC now owns 5,322 shares of the financial services provider's stock valued at $509,000 after buying an additional 194 shares during the last quarter. Inspire Advisors LLC lifted its position in shares of Aercap by 3.4% during the fourth 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. Nissay Asset Management Corp Japan ADV lifted its position in shares of Aercap by 0.9% during the fourth quarter. Nissay Asset Management Corp Japan ADV now owns 24,096 shares of the financial services provider's stock valued at $2,301,000 after buying an additional 209 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. lifted its position in shares of Aercap by 2.7% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 8,465 shares of the financial services provider's stock valued at $865,000 after buying an additional 219 shares during the last quarter. 96.42% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities analysts recently commented on AER shares. Barclays reaffirmed an "overweight" rating and issued a $115.00 price objective (up from $113.00) on shares of Aercap in a research report on Thursday, February 27th. Susquehanna increased their price objective on shares of Aercap from $120.00 to $130.00 and gave the company a "positive" rating in a research report on Tuesday, May 13th. Morgan Stanley increased their price objective on shares of Aercap from $101.00 to $111.00 and gave the company an "equal weight" rating in a research report on Thursday, May 1st. JPMorgan Chase & Co. increased their price objective on shares of Aercap from $112.00 to $114.00 and gave the company an "overweight" rating in a research report on Thursday, May 1st. Finally, Bank of America increased their price objective on shares of Aercap from $105.00 to $125.00 and gave the company a "buy" rating in a research report on Friday, March 7th. One 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. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $119.25.

Aercap Stock Performance

AER opened at $115.96 on Wednesday. Aercap Holdings N.V. has a 12-month low of $82.21 and a 12-month high of $118.07. The company has a current ratio of 0.21, a quick ratio of 0.21 and a debt-to-equity ratio of 2.69. The firm has a market capitalization of $21.66 billion, a PE ratio of 10.29, a P/E/G ratio of 2.35 and a beta of 1.39. The firm has a 50 day moving average of $110.39 and a two-hundred day moving average of $102.03.

Aercap (NYSE:AER - Get Free Report) last issued its quarterly earnings data 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 business had revenue of $2.08 billion for the quarter, compared to analysts' expectations of $2.01 billion. Aercap had a net margin of 26.53% and a return on equity of 13.84%. The business's revenue was up 2.9% on a year-over-year basis. During the same quarter last year, the company earned $3.29 EPS. On average, analysts anticipate that Aercap Holdings N.V. will post 11.29 EPS for the current year.

Aercap Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 5th. Stockholders of record on Wednesday, May 14th were paid a dividend of $0.27 per share. The ex-dividend date was Wednesday, May 14th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 0.93%. Aercap's payout ratio is 9.58%.

Aercap announced that its Board of Directors has approved a share repurchase program on Wednesday, February 26th that permits the company to buyback $1.00 billion in outstanding shares. This buyback authorization permits the financial services provider to reacquire up to 4.9% of its shares through open market purchases. Shares buyback programs are generally a sign that the company's board of directors believes its shares are undervalued.

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.

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