Tidal Investments LLC Has $12.62 Million Stock Holdings in AerCap Holdings (NYSE:AER)

Tidal Investments LLC boosted its position in AerCap Holdings (NYSE:AER - Free Report) by 1,452.2% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 131,871 shares of the financial services provider's stock after purchasing an additional 123,375 shares during the quarter. Tidal Investments LLC owned about 0.07% of AerCap worth $12,620,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in AER. Barclays PLC boosted its stake in AerCap by 95.5% in the 3rd quarter. Barclays PLC now owns 91,707 shares of the financial services provider's stock valued at $8,687,000 after purchasing an additional 44,797 shares during the period. Ritholtz Wealth Management boosted its stake in AerCap by 18.0% in the 4th quarter. Ritholtz Wealth Management now owns 9,516 shares of the financial services provider's stock valued at $911,000 after purchasing an additional 1,455 shares during the period. Transform Wealth LLC boosted its stake in AerCap by 13.0% in the 4th quarter. Transform Wealth LLC now owns 127,208 shares of the financial services provider's stock valued at $12,174,000 after purchasing an additional 14,619 shares during the period. SG Americas Securities LLC boosted its stake in AerCap by 159.8% in the 4th quarter. SG Americas Securities LLC now owns 46,261 shares of the financial services provider's stock valued at $4,427,000 after purchasing an additional 28,452 shares during the period. Finally, Janney Montgomery Scott LLC lifted its position in shares of AerCap by 6.3% during the 4th quarter. Janney Montgomery Scott LLC now owns 449,209 shares of the financial services provider's stock valued at $42,989,000 after acquiring an additional 26,434 shares during the period. 96.42% of the stock is currently owned by institutional investors.

AerCap Price Performance

Shares of AER stock traded up $0.51 on Friday, hitting $112.60. 1,119,896 shares of the company's stock were exchanged, compared to its average volume of 1,391,980. The company has a debt-to-equity ratio of 2.89, a current ratio of 0.67 and a quick ratio of 0.67. AerCap Holdings has a 12 month low of $82.21 and a 12 month high of $114.42. The stock has a market cap of $21.03 billion, a P/E ratio of 8.92, a price-to-earnings-growth ratio of 2.22 and a beta of 1.41. The company has a 50 day moving average of $102.77 and a 200 day moving average of $99.27.

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 for the quarter, topping the consensus estimate of $2.69 by $0.99. AerCap had a return on equity of 13.98% and a net margin of 32.38%. 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 prior year, the company earned $3.29 EPS. AerCap's revenue for the quarter was up 2.9% on a year-over-year basis. On average, equities research analysts predict that AerCap Holdings will post 11.29 EPS for the current year.

AerCap Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 5th. Shareholders of record on Wednesday, May 14th will be given a $0.27 dividend. The ex-dividend date is Wednesday, May 14th. This represents a $1.08 annualized dividend and a yield of 0.96%. AerCap's dividend payout ratio is presently 9.58%.

AerCap declared that its board has approved a stock repurchase plan on Wednesday, February 26th that permits the company to repurchase $1.00 billion in shares. This repurchase authorization permits the financial services provider to repurchase up to 4.9% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company's management believes its shares are undervalued.

Analyst Ratings Changes

A number of analysts have recently weighed in on AER shares. Morgan Stanley upped their target price on AerCap from $101.00 to $111.00 and gave the company an "equal weight" rating in a research report on Thursday, May 1st. Barclays reiterated an "overweight" rating and set a $115.00 target price (up from $113.00) on shares of AerCap in a research report on Thursday, February 27th. UBS Group downgraded AerCap to an "underperform" rating in a research report on Friday, March 7th. Susquehanna upped their target price on AerCap from $120.00 to $130.00 and gave the company a "positive" rating in a research report on Tuesday, May 13th. Finally, JPMorgan Chase & Co. upped their target price on AerCap from $112.00 to $114.00 and gave the company an "overweight" rating in a research report on Thursday, May 1st. One research analyst has rated the stock with a sell rating, one has issued a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat.com, AerCap presently has an average rating of "Moderate Buy" and an average target price of $119.25.

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.