Aercap Holdings N.V. $AER Shares Sold by UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC

Key Points

• UBS Asset Management reduced its holdings in Aercap Holdings N.V. by 12.9%, selling 336,867 shares, and now owns approximately 1.22% of the company, valued at around $232 million.
• Aercap's recent earnings report revealed a net margin of 36.93% and earnings per share of $2.83, which surpassed analysts' expectations of $2.75.
• The company's dividend payout ratio stands at 6.72%, with a quarterly dividend of $0.27 per share recently declared, yielding 0.9% annually.

UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lowered its holdings in shares of Aercap Holdings N.V. (NYSE:AER - Free Report) by 12.9% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,271,232 shares of the financial services provider's stock after selling 336,867 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC owned about 1.22% of Aercap worth $232,052,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Signaturefd LLC raised its position in Aercap by 1.8% during the first quarter. Signaturefd LLC now owns 5,819 shares of the financial services provider's stock worth $595,000 after acquiring an additional 102 shares during the last quarter. Allworth Financial LP grew its holdings in shares of Aercap by 8.0% during the first quarter. Allworth Financial LP now owns 1,566 shares of the financial services provider's stock worth $160,000 after buying an additional 116 shares in the last quarter. Covestor Ltd grew its holdings in shares of Aercap by 9.6% during the first quarter. Covestor Ltd now owns 1,422 shares of the financial services provider's stock worth $145,000 after buying an additional 125 shares in the last quarter. Nissay Asset Management Corp Japan ADV grew its holdings in shares of Aercap by 0.5% during the first quarter. Nissay Asset Management Corp Japan ADV now owns 24,222 shares of the financial services provider's stock worth $2,475,000 after buying an additional 126 shares in the last quarter. Finally, CW Advisors LLC grew its holdings in shares of Aercap by 5.2% during the first quarter. CW Advisors LLC now owns 2,714 shares of the financial services provider's stock worth $277,000 after buying an additional 135 shares in the last quarter. Institutional investors and hedge funds own 96.42% of the company's stock.

Aercap Stock Performance

NYSE:AER opened at $124.07 on Friday. The company has a quick ratio of 0.44, a current ratio of 0.44 and a debt-to-equity ratio of 2.57. The company has a market cap of $23.17 billion, a P/E ratio of 7.72, a P/E/G ratio of 2.43 and a beta of 1.46. Aercap Holdings N.V. has a fifty-two week low of $85.57 and a fifty-two week high of $125.45. The firm's 50 day moving average is $115.73 and its two-hundred day moving average is $109.52.

Aercap (NYSE:AER - Get Free Report) last posted its quarterly earnings results on Wednesday, July 30th. The financial services provider reported $2.83 earnings per share for the quarter, topping analysts' consensus estimates of $2.75 by $0.08. The company had revenue of $1.89 billion for the quarter, compared to the consensus estimate of $2.03 billion. Aercap had a net margin of 36.93% and a return on equity of 13.13%. Aercap's revenue was down 3.6% on a year-over-year basis. During the same quarter last year, the firm posted $3.01 earnings per share. Aercap has set its FY 2025 guidance at 11.600-11.600 EPS. Analysts expect that Aercap Holdings N.V. will post 11.29 EPS for the current year.

Aercap Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, September 4th. Shareholders of record on Wednesday, August 13th were paid a dividend of $0.27 per share. The ex-dividend date of this dividend was Wednesday, August 13th. This represents a $1.08 dividend on an annualized basis and a yield of 0.9%. Aercap's dividend payout ratio (DPR) is currently 6.72%.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on AER shares. Morgan Stanley lifted their price target on shares of Aercap from $111.00 to $120.00 and gave the stock an "equal weight" rating in a report on Thursday, July 17th. Barclays lifted their price target on shares of Aercap from $115.00 to $131.00 and gave the stock an "overweight" rating in a report on Thursday, July 10th. Finally, Susquehanna lifted their price target on shares of Aercap from $130.00 to $134.00 and gave the stock a "positive" rating in a report on Wednesday, August 13th. Six investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $122.57.

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.

Want to see what other hedge funds are holding AER? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Aercap Holdings N.V. (NYSE:AER - Free Report).

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.