Oppenheimer & Co. Inc. Sells 16,006 Shares of Aercap Holdings N.V. (NYSE:AER)

Oppenheimer & Co. Inc. trimmed its holdings in Aercap Holdings N.V. (NYSE:AER - Free Report) by 34.4% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 30,493 shares of the financial services provider's stock after selling 16,006 shares during the period. Oppenheimer & Co. Inc.'s holdings in Aercap were worth $3,115,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the business. Signaturefd LLC grew its position in Aercap by 3.2% in 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. Dorsey & Whitney Trust CO LLC grew its position in Aercap by 3.8% in the fourth quarter. Dorsey & Whitney Trust CO LLC now owns 5,322 shares of the financial services provider's stock worth $509,000 after acquiring an additional 194 shares in the last quarter. Inspire Advisors LLC grew its position in Aercap by 3.4% in the fourth quarter. Inspire Advisors LLC now owns 6,336 shares of the financial services provider's stock worth $606,000 after acquiring an additional 209 shares in the last quarter. Nissay Asset Management Corp Japan ADV grew its position in Aercap by 0.9% in 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. Finally, Cambridge Investment Research Advisors Inc. grew its position in 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 worth $865,000 after acquiring an additional 219 shares in the last quarter. 96.42% of the stock is owned by institutional investors.

Aercap Price Performance

Shares of AER stock traded up $1.62 during mid-day trading on Friday, reaching $117.35. The company's stock had a trading volume of 1,112,681 shares, compared to its average volume of 1,353,328. Aercap Holdings N.V. has a 1-year low of $82.21 and a 1-year high of $118.07. The company has a market cap of $21.92 billion, a P/E ratio of 10.41, a PEG ratio of 2.36 and a beta of 1.39. The company has a debt-to-equity ratio of 2.69, a quick ratio of 0.21 and a current ratio of 0.21. The firm's 50-day moving average is $111.54 and its two-hundred day moving average is $102.40.

Aercap (NYSE:AER - Get Free Report) last announced its quarterly earnings data 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 net margin of 26.53% and a return on equity of 13.84%. The company had revenue of $2.08 billion during the quarter, compared to analysts' expectations of $2.01 billion. During the same quarter in the prior year, the company posted $3.29 EPS. The business's revenue was up 2.9% on a year-over-year basis. On average, research analysts predict that Aercap Holdings N.V. will post 11.29 earnings per share for the current year.

Aercap Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, June 5th. Stockholders of record on Wednesday, May 14th were issued a $0.27 dividend. This represents a $1.08 annualized dividend and a dividend yield of 0.92%. The ex-dividend date was Wednesday, May 14th. Aercap's payout ratio is 9.58%.

Wall Street Analyst Weigh In

Several research firms have commented on AER. Barclays reissued an "overweight" rating and issued a $115.00 target price (up from $113.00) on shares of Aercap in a research report on Thursday, February 27th. Morgan Stanley boosted their price objective on shares of Aercap from $101.00 to $111.00 and gave the stock an "equal weight" rating in a research note on Thursday, May 1st. JPMorgan Chase & Co. boosted their price objective 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. UBS Group cut shares of Aercap to an "underperform" rating in a research note on Friday, March 7th. Finally, Susquehanna upped their target price on shares of Aercap from $120.00 to $130.00 and gave the company a "positive" rating in a research note on Tuesday, May 13th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and seven have assigned a buy rating to the company's stock. According to data from MarketBeat.com, Aercap currently has a consensus rating of "Moderate Buy" and a consensus price target of $119.25.

Aercap 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.