Aercap Holdings N.V. (NYSE:AER) Stake Lowered by Check Capital Management Inc. CA

Check Capital Management Inc. CA reduced its position in shares of Aercap Holdings N.V. (NYSE:AER - Free Report) by 1.1% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 853,261 shares of the financial services provider's stock after selling 9,541 shares during the period. Aercap comprises about 2.5% of Check Capital Management Inc. CA's investment portfolio, making the stock its 5th biggest position. Check Capital Management Inc. CA owned 0.46% of Aercap worth $87,178,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the stock. Allworth Financial LP boosted its holdings in 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 purchasing an additional 116 shares during the last quarter. Signaturefd LLC raised its position in Aercap by 3.2% during the fourth quarter. Signaturefd LLC now owns 5,717 shares of the financial services provider's stock worth $547,000 after acquiring an additional 177 shares in the last quarter. Nissay Asset Management Corp Japan ADV raised its position in 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 worth $2,301,000 after acquiring an additional 209 shares in the last quarter. Mather Group LLC. raised its position in Aercap by 230.1% during the first quarter. Mather Group LLC. now owns 307 shares of the financial services provider's stock worth $31,000 after acquiring an additional 214 shares in the last quarter. Finally, Cambridge Investment Research Advisors Inc. raised its position in shares of Aercap by 2.7% in 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 purchasing an additional 219 shares during the period. 96.42% of the stock is currently owned by institutional investors and hedge funds.

Aercap Trading Down 1.1%

AER stock traded down $1.24 on Thursday, reaching $113.36. The company's stock had a trading volume of 468,795 shares, compared to its average volume of 1,340,766. Aercap Holdings N.V. has a 12-month low of $82.21 and a 12-month high of $118.07. The business has a fifty day simple moving average of $114.54 and a two-hundred day simple moving average of $104.21. The firm has a market cap of $21.17 billion, a PE ratio of 10.05, a PEG ratio of 2.33 and a beta of 1.38. The company has a debt-to-equity ratio of 2.69, a quick ratio of 0.21 and a current ratio of 0.21.

Aercap (NYSE:AER - Get Free Report) last released its quarterly earnings results on Wednesday, April 30th. The financial services provider reported $3.68 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.69 by $0.99. Aercap had a return on equity of 13.84% and a net margin of 26.53%. The business had revenue of $2.08 billion during the quarter, compared to the consensus estimate of $2.01 billion. During the same period in the previous year, the company posted $3.29 EPS. The business's quarterly revenue was up 2.9% compared to the same quarter last year. As a group, research analysts forecast 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. Shareholders of record on Wednesday, May 14th were given a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a yield of 0.95%. The ex-dividend date was Wednesday, May 14th. Aercap's dividend payout ratio (DPR) is 9.58%.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on AER shares. Barclays increased their price objective on shares of Aercap from $115.00 to $131.00 and gave the company an "overweight" rating in a research report on Thursday, July 10th. JPMorgan Chase & Co. lifted their price target on shares of Aercap from $112.00 to $114.00 and gave the company an "overweight" rating in a report on Thursday, May 1st. Morgan Stanley lifted their price target on shares of Aercap from $111.00 to $120.00 and gave the company an "equal weight" rating in a report on Thursday. Finally, Susquehanna lifted their target price on shares of Aercap from $120.00 to $130.00 and gave the stock a "positive" rating in a research report on Tuesday, May 13th. 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. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $122.38.

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.