Aercap Holdings N.V. (NYSE:AER) Shares Bought by Raiffeisen Bank International AG

Key Points

• Raiffeisen Bank International AG increased its stake in Aercap Holdings by 171.2%, acquiring an additional 7,435 shares in the first quarter, bringing its holdings to 11,777 shares valued at approximately $1.2 million.
• Several analysts have raised their target prices for Aercap, with Barclays increasing it from $115 to $131, indicating strong market sentiment and a general consensus rating of "Moderate Buy" for the stock.
• Aercap announced a quarterly dividend of $0.27 per share, which will be paid on September 4th, reflecting an annualized yield of 1.0%.

Raiffeisen Bank International AG grew its holdings in shares of Aercap Holdings N.V. (NYSE:AER - Free Report) by 171.2% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,777 shares of the financial services provider's stock after buying an additional 7,435 shares during the quarter. Raiffeisen Bank International AG's holdings in Aercap were worth $1,203,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in AER. Mather Group LLC. grew its position in shares of Aercap by 230.1% during the 1st quarter. Mather Group LLC. now owns 307 shares of the financial services provider's stock valued at $31,000 after purchasing an additional 214 shares in the last quarter. Bank of New York Mellon Corp increased its stake in Aercap by 1.4% in the 1st quarter. Bank of New York Mellon Corp now owns 452,376 shares of the financial services provider's stock worth $46,219,000 after acquiring an additional 6,073 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. raised its holdings in shares of Aercap by 9.8% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 10,996 shares of the financial services provider's stock valued at $1,123,000 after acquiring an additional 978 shares in the last quarter. Bessemer Group Inc. raised its holdings in shares of Aercap by 473.2% in the 1st quarter. Bessemer Group Inc. now owns 1,473 shares of the financial services provider's stock valued at $150,000 after acquiring an additional 1,216 shares in the last quarter. Finally, Cambridge Investment Research Advisors Inc. boosted its position in shares of Aercap by 2.7% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 8,465 shares of the financial services provider's stock valued at $865,000 after acquiring an additional 219 shares during the last quarter. Institutional investors and hedge funds own 96.42% of the company's stock.

Analyst Ratings Changes

AER has been the topic of a number of recent analyst reports. Barclays lifted their price objective on Aercap from $115.00 to $131.00 and gave the stock an "overweight" rating in a research report on Thursday, July 10th. Morgan Stanley raised their target price on shares of Aercap from $111.00 to $120.00 and gave the company an "equal weight" rating in a research note on Thursday, July 17th. 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, Susquehanna upped their price target on Aercap from $120.00 to $130.00 and gave the company a "positive" rating in a report on Tuesday, May 13th. One analyst has rated the stock with a sell rating, one has given a hold rating and six have issued a buy rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $122.00.

Aercap Stock Up 0.4%

Shares of NYSE:AER traded up $0.43 during trading hours on Thursday, hitting $109.24. The company's stock had a trading volume of 889,658 shares, compared to its average volume of 1,375,857. The company has a market capitalization of $20.40 billion, a price-to-earnings ratio of 6.79, a P/E/G ratio of 2.18 and a beta of 1.44. The company has a debt-to-equity ratio of 2.57, a current ratio of 0.44 and a quick ratio of 0.44. Aercap Holdings N.V. has a 52 week low of $85.57 and a 52 week high of $118.07. The firm's fifty day moving average price is $113.98 and its 200 day moving average price is $105.87.

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

Aercap Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 4th. Investors of record on Wednesday, August 13th will be issued a $0.27 dividend. This represents a $1.08 annualized dividend and a yield of 1.0%. The ex-dividend date is Wednesday, August 13th. Aercap's dividend payout ratio is 6.72%.

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.