Jefferies Financial Group Inc. Sells 35,391 Shares of AerCap Holdings (NYSE:AER)

Jefferies Financial Group Inc. lowered its position in AerCap Holdings (NYSE:AER - Free Report) by 84.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,409 shares of the financial services provider's stock after selling 35,391 shares during the period. Jefferies Financial Group Inc.'s holdings in AerCap were worth $613,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in AER. Ameriflex Group Inc. acquired a new position in shares of AerCap during the 4th quarter worth about $27,000. University of Texas Texas AM Investment Management Co. acquired a new position in shares of AerCap during the 4th quarter worth about $1,079,000. Vise Technologies Inc. boosted its stake in shares of AerCap by 121.0% during the 4th quarter. Vise Technologies Inc. now owns 6,314 shares of the financial services provider's stock worth $604,000 after buying an additional 3,457 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of AerCap by 22.9% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,608,099 shares of the financial services provider's stock worth $249,595,000 after buying an additional 485,999 shares during the last quarter. Finally, Woodline Partners LP lifted its stake in AerCap by 23.2% in the fourth quarter. Woodline Partners LP now owns 128,311 shares of the financial services provider's stock valued at $12,279,000 after acquiring an additional 24,198 shares during the last quarter. Institutional investors own 96.42% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on AER shares. Bank of America boosted their price objective on shares of AerCap from $105.00 to $125.00 and gave the stock a "buy" rating in a research note on Friday, March 7th. Susquehanna lifted their price target on AerCap from $120.00 to $130.00 and gave the stock a "positive" rating in a report on Tuesday, May 13th. JPMorgan Chase & Co. upped their price objective on AerCap from $112.00 to $114.00 and gave the company an "overweight" rating in a research note on Thursday, May 1st. Morgan Stanley raised their price objective on AerCap from $101.00 to $111.00 and gave the company an "equal weight" rating in a research report on Thursday, May 1st. Finally, UBS Group lowered AerCap to an "underperform" rating in a report on Friday, March 7th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and seven have given a buy rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $119.25.

AerCap Trading Up 0.6%

Shares of NYSE:AER traded up $0.72 during mid-day trading on Friday, hitting $115.50. The company had a trading volume of 3,140,170 shares, compared to its average volume of 1,385,276. 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 one year low of $82.21 and a one year high of $115.98. The firm has a fifty day moving average price of $103.83 and a 200 day moving average price of $99.88. The company has a market capitalization of $21.57 billion, a PE ratio of 9.15, a price-to-earnings-growth ratio of 2.22 and a beta of 1.41.

AerCap (NYSE:AER - Get Free Report) last issued its earnings results on Wednesday, April 30th. The financial services provider reported $3.68 EPS for the quarter, beating the consensus estimate of $2.69 by $0.99. The company had revenue of $2.08 billion during the quarter, compared to the consensus estimate of $2.01 billion. AerCap had a return on equity of 13.98% and a net margin of 32.38%. The firm's revenue for the quarter was up 2.9% compared to the same quarter last year. During the same period last year, the business posted $3.29 EPS. As a group, research analysts forecast 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 dividend of $0.27 per share. The ex-dividend date is Wednesday, May 14th. This represents a $1.08 annualized dividend and a dividend yield of 0.94%. AerCap's dividend payout ratio is currently 9.58%.

AerCap declared that its board has authorized a share buyback plan on Wednesday, February 26th that authorizes the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization authorizes the financial services provider to repurchase up to 4.9% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company's leadership believes its shares are undervalued.

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.