Alyeska Investment Group L.P. Sells 1,116,616 Shares of Aercap Holdings N.V. $AER

Key Points

• Alyeska Investment Group L.P. reduced its holdings in Aercap Holdings N.V. by 74.2%, selling 1,116,616 shares in the first quarter, leaving them with 389,183 shares valued at approximately $39.76 million.
• Aercap recently announced a quarterly dividend of $0.27 per share, translating to an annual yield of 0.9%, with a dividend payout ratio of 6.72%.
• Six analysts have rated Aercap stock with a Buy rating, while its average target price is currently set at $122.57.

Alyeska Investment Group L.P. trimmed its holdings in shares of Aercap Holdings N.V. (NYSE:AER - Free Report) by 74.2% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 389,183 shares of the financial services provider's stock after selling 1,116,616 shares during the period. Alyeska Investment Group L.P. owned 0.21% of Aercap worth $39,763,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Ameriflex Group Inc. bought a new stake in shares of Aercap during the fourth quarter worth approximately $27,000. Mather Group LLC. raised its stake 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 during the last quarter. Quarry LP bought a new stake in shares of Aercap during the first quarter worth approximately $37,000. Summit Securities Group LLC bought a new stake in shares of Aercap during the first quarter worth approximately $64,000. Finally, Blue Trust Inc. increased its stake in Aercap by 42.2% in the first quarter. Blue Trust Inc. now owns 1,318 shares of the financial services provider's stock valued at $135,000 after purchasing an additional 391 shares in the last quarter. 96.42% of the stock is owned by institutional investors.

Aercap Stock Performance

Shares of AER stock opened at $124.15 on Thursday. The stock has a market cap of $23.19 billion, a P/E ratio of 7.72, a P/E/G ratio of 2.47 and a beta of 1.46. The company has a debt-to-equity ratio of 2.57, a current ratio of 0.44 and a quick ratio of 0.44. The company has a fifty day moving average price of $114.94 and a two-hundred day moving average price of $108.70. Aercap Holdings N.V. has a one year low of $85.57 and a one year high of $125.08.

Aercap (NYSE:AER - Get Free Report) last announced its quarterly earnings results on Wednesday, July 30th. The financial services provider reported $2.83 EPS for the quarter, beating analysts' consensus estimates of $2.75 by $0.08. The firm had revenue of $1.89 billion during the quarter, compared to analysts' expectations of $2.03 billion. Aercap had a net margin of 36.93% and a return on equity of 13.13%. The company's revenue for the quarter was down 3.6% compared to the same quarter last year. During the same quarter last year, the company posted $3.01 earnings per share. Aercap has set its FY 2025 guidance at 11.600-11.600 EPS. As a group, equities analysts predict that Aercap Holdings N.V. will post 11.29 EPS for the current year.

Aercap Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 4th. Stockholders of record on Wednesday, August 13th will be paid a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date is Wednesday, August 13th. Aercap's dividend payout ratio (DPR) is currently 6.72%.

Wall Street Analyst Weigh In

AER has been the subject of several recent analyst reports. Susquehanna upped their target price on shares of Aercap from $130.00 to $134.00 and gave the company a "positive" rating in a research note on Wednesday, August 13th. Barclays increased their price objective on shares of Aercap from $115.00 to $131.00 and gave the stock an "overweight" rating in a research report on Thursday, July 10th. Finally, Morgan Stanley increased their target price on shares of Aercap from $111.00 to $120.00 and gave the stock an "equal weight" rating in a report on Thursday, July 17th. Six analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat, Aercap currently has an average rating of "Moderate Buy" and an average price target of $122.57.

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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