AerCap Holdings (NYSE:AER) Shares Sold by Voloridge Investment Management LLC

Voloridge Investment Management LLC cut its stake in AerCap Holdings (NYSE:AER - Free Report) by 22.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 845,631 shares of the financial services provider's stock after selling 242,976 shares during the period. Voloridge Investment Management LLC owned 0.43% of AerCap worth $80,927,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Toth Financial Advisory Corp acquired a new stake in shares of AerCap during the fourth quarter worth $29,000. Pinpoint Asset Management Ltd acquired a new stake in shares of AerCap during the fourth quarter worth $35,000. Blue Trust Inc. raised its holdings in shares of AerCap by 51.7% during the fourth quarter. Blue Trust Inc. now owns 1,388 shares of the financial services provider's stock worth $131,000 after purchasing an additional 473 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of AerCap by 110.7% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,740 shares of the financial services provider's stock worth $167,000 after purchasing an additional 914 shares during the period. Finally, CoreCap Advisors LLC raised its holdings in shares of AerCap by 104.3% during the fourth quarter. CoreCap Advisors LLC now owns 1,949 shares of the financial services provider's stock worth $187,000 after purchasing an additional 995 shares during the period. 96.42% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

AER has been the topic of a number of research reports. Bank of America increased their target price on shares of AerCap from $105.00 to $125.00 and gave the stock a "buy" rating in a report on Friday, March 7th. Barclays reissued an "overweight" rating and set a $115.00 target price (up from $113.00) on shares of AerCap in a report on Thursday, February 27th. UBS Group cut shares of AerCap to an "underperform" rating in a report on Friday, March 7th. Susquehanna increased their target price on shares of AerCap from $120.00 to $130.00 and gave the stock a "positive" rating in a report on Tuesday, May 13th. Finally, JPMorgan Chase & Co. increased their target price on shares of AerCap from $112.00 to $114.00 and gave the stock an "overweight" rating in a report on Thursday, May 1st. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat, AerCap has an average rating of "Moderate Buy" and an average target price of $119.25.

AerCap Stock Up 0.5%

AER stock opened at $113.66 on Tuesday. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 2.89. AerCap Holdings has a fifty-two week low of $82.21 and a fifty-two week high of $114.33. The firm's 50-day simple moving average is $101.88 and its 200 day simple moving average is $98.83. The stock has a market cap of $21.23 billion, a PE ratio of 9.01, a price-to-earnings-growth ratio of 2.22 and a beta of 1.41.

AerCap (NYSE:AER - Get Free Report) last released its quarterly earnings data on Wednesday, April 30th. The financial services provider reported $3.68 earnings per share for the quarter, topping analysts' consensus estimates of $2.69 by $0.99. AerCap had a net margin of 32.38% and a return on equity of 13.98%. The business had revenue of $2.08 billion for the quarter, compared to analysts' expectations of $2.01 billion. During the same quarter last year, the company earned $3.29 EPS. The company's revenue for the quarter was up 2.9% compared to the same quarter last year. As a group, sell-side analysts predict that AerCap Holdings will post 11.29 EPS for the current year.

AerCap Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 5th. Investors of record on Wednesday, May 14th will be issued a $0.27 dividend. The ex-dividend date is Wednesday, May 14th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 0.95%. AerCap's dividend payout ratio (DPR) is presently 9.58%.

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

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.

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