Aercap Holdings N.V. (NYSE:AER) Shares Sold by Heritage Investors Management Corp

Heritage Investors Management Corp lessened its holdings in shares of Aercap Holdings N.V. (NYSE:AER - Free Report) by 3.9% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 91,006 shares of the financial services provider's stock after selling 3,728 shares during the period. Heritage Investors Management Corp's holdings in Aercap were worth $9,298,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Ameriflex Group Inc. acquired a new stake in Aercap during the 4th quarter worth approximately $27,000. Mather Group LLC. grew its holdings in shares of 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 buying an additional 214 shares in the last quarter. Pinpoint Asset Management Ltd purchased a new stake in Aercap in the fourth quarter valued at approximately $35,000. Blue Trust Inc. grew its stake in Aercap by 42.2% during the first quarter. Blue Trust Inc. now owns 1,318 shares of the financial services provider's stock worth $135,000 after buying an additional 391 shares during the period. Finally, Bessemer Group Inc. boosted its stake in shares of Aercap by 473.2% in the first 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 during the period. 96.42% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the stock. Susquehanna increased their price target 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. Barclays raised their target price on shares of Aercap from $115.00 to $131.00 and gave the company an "overweight" rating in a research note on Thursday, July 10th. JPMorgan Chase & Co. lifted their price objective on shares of Aercap from $112.00 to $114.00 and gave the company an "overweight" rating in a report on Thursday, May 1st. Finally, Morgan Stanley lifted their price objective on shares of Aercap from $111.00 to $120.00 and gave the stock an "equal weight" rating in a research report on Thursday. One analyst has rated the stock with a sell rating, one has given a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $122.38.

Aercap Price Performance

Shares of NYSE:AER opened at $112.13 on Friday. Aercap Holdings N.V. has a 1-year low of $82.21 and a 1-year high of $118.07. The stock has a market cap of $20.94 billion, a PE ratio of 9.95, a price-to-earnings-growth ratio of 2.33 and a beta of 1.38. The stock's fifty day simple moving average is $114.69 and its two-hundred day simple moving average is $104.51. The company has a current ratio of 0.21, a quick ratio of 0.21 and a debt-to-equity ratio of 2.69.

Aercap (NYSE:AER - Get Free Report) last issued 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 firm had revenue of $2.08 billion during the quarter, compared to the consensus estimate of $2.01 billion. During the same quarter last year, the company posted $3.29 EPS. The company's revenue for the quarter was up 2.9% on a year-over-year basis. As a group, 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 given a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a dividend yield of 0.96%. The ex-dividend date was Wednesday, May 14th. Aercap's dividend payout ratio is currently 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.

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