Glaxis Capital Management LLC Lowers Stock Holdings in Aercap Holdings N.V. (NYSE:AER)

Glaxis Capital Management LLC cut its holdings in Aercap Holdings N.V. (NYSE:AER - Free Report) by 26.0% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 11,400 shares of the financial services provider's stock after selling 4,000 shares during the quarter. Aercap makes up 4.5% of Glaxis Capital Management LLC's portfolio, making the stock its 7th largest position. Glaxis Capital Management LLC's holdings in Aercap were worth $1,165,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the business. Mather Group LLC. boosted its stake in shares of Aercap by 230.1% in 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 during the last quarter. Bank of New York Mellon Corp increased its stake in shares of 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 valued at $46,219,000 after acquiring an additional 6,073 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its stake in Aercap by 9.8% during the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 10,996 shares of the financial services provider's stock worth $1,123,000 after acquiring an additional 978 shares during the last quarter. O Shaughnessy Asset Management LLC lifted its holdings in Aercap by 11.3% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 18,664 shares of the financial services provider's stock worth $1,786,000 after acquiring an additional 1,900 shares in the last quarter. Finally, Bessemer Group Inc. lifted its holdings in shares of Aercap by 473.2% during the 1st quarter. Bessemer Group Inc. now owns 1,473 shares of the financial services provider's stock valued at $150,000 after purchasing an additional 1,216 shares in the last quarter. 96.42% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on AER shares. Susquehanna upped their price target on shares of Aercap from $120.00 to $130.00 and gave the company a "positive" rating in a report on Tuesday, May 13th. JPMorgan Chase & Co. upped their target price on shares of Aercap from $112.00 to $114.00 and gave the stock an "overweight" rating in a research note on Thursday, May 1st. Barclays increased their target price on Aercap from $115.00 to $131.00 and gave the stock an "overweight" rating in a report on Thursday, July 10th. Finally, Morgan Stanley boosted their price target on Aercap from $111.00 to $120.00 and gave the company an "equal weight" rating in a report on Thursday, July 17th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $122.38.

Aercap Stock Down 0.8%

Shares of NYSE:AER traded down $0.89 during midday trading on Thursday, reaching $112.11. The company had a trading volume of 953,529 shares, compared to its average volume of 1,073,068. The business's 50 day moving average price is $114.72 and its 200 day moving average price is $104.79. Aercap Holdings N.V. has a 1-year low of $82.21 and a 1-year high of $118.07. The company has a quick ratio of 0.21, a current ratio of 0.21 and a debt-to-equity ratio of 2.69. The stock has a market cap of $20.94 billion, a PE ratio of 9.95, a P/E/G ratio of 2.35 and a beta of 1.38.

Aercap (NYSE:AER - Get Free Report) last announced its quarterly earnings results on Wednesday, April 30th. The financial services provider reported $3.68 EPS for the quarter, beating analysts' consensus estimates of $2.69 by $0.99. The firm had revenue of $2.08 billion during 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 company's revenue for the quarter was up 2.9% compared to the same quarter last year. During the same quarter last year, the company posted $3.29 earnings per share. Research analysts forecast that Aercap Holdings N.V. will post 11.29 EPS for the current fiscal year.

Aercap Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 5th. Investors of record on Wednesday, May 14th were issued a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a dividend yield of 0.96%. The ex-dividend date was Wednesday, May 14th. Aercap's payout ratio is presently 9.58%.

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.