Ameriprise Financial Inc. Buys 36,398 Shares of Aercap Holdings N.V. $AER

Key Points

• Ameriprise Financial Inc. increased its stake in Aercap Holdings N.V. by 1.9%, acquiring 36,398 additional shares, bringing its total ownership to approximately 1.04% valued at $200 million.
• Aercap stock recently opened at $119.5050, with a market cap of $22.32 billion and a price-to-earnings ratio of 7.43.
• The company reported EPS of $2.83 for the last quarter, exceeding consensus estimates, while revenue of $1.89 billion fell short of analyst expectations.

Ameriprise Financial Inc. boosted its stake in shares of Aercap Holdings N.V. (NYSE:AER - Free Report) by 1.9% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,950,255 shares of the financial services provider's stock after purchasing an additional 36,398 shares during the period. Ameriprise Financial Inc. owned about 1.04% of Aercap worth $200,278,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. CW Advisors LLC raised its position in Aercap by 5.2% in the first quarter. CW Advisors LLC now owns 2,714 shares of the financial services provider's stock worth $277,000 after acquiring an additional 135 shares during the period. Bruce & Co. Inc. raised its position in Aercap by 22.3% in the first quarter. Bruce & Co. Inc. now owns 183,500 shares of the financial services provider's stock worth $18,748,000 after acquiring an additional 33,500 shares during the period. Price T Rowe Associates Inc. MD raised its position in Aercap by 2.8% in the first quarter. Price T Rowe Associates Inc. MD now owns 1,814,146 shares of the financial services provider's stock worth $185,352,000 after acquiring an additional 49,537 shares during the period. Hsbc Holdings PLC raised its position in Aercap by 5.1% in the first quarter. Hsbc Holdings PLC now owns 84,458 shares of the financial services provider's stock worth $8,596,000 after acquiring an additional 4,076 shares during the period. Finally, Quantbot Technologies LP bought a new position in Aercap in the first quarter worth approximately $1,600,000. Institutional investors own 96.42% of the company's stock.

Aercap Stock Up 1.2%

Shares of AER stock opened at $119.5050 on Friday. The company has a market capitalization of $22.32 billion, a price-to-earnings ratio of 7.43, a PEG ratio of 2.39 and a beta of 1.44. Aercap Holdings N.V. has a one year low of $85.57 and a one year high of $120.48. The company's fifty day moving average price is $113.63 and its 200-day moving average price is $107.38. The company has a debt-to-equity ratio of 2.57, a current ratio of 0.44 and a quick ratio of 0.44.

Aercap (NYSE:AER - Get Free Report) last announced its quarterly earnings data on Wednesday, July 30th. The financial services provider reported $2.83 EPS for the quarter, beating the consensus estimate of $2.75 by $0.08. The firm had revenue of $1.89 billion for the quarter, compared to the consensus estimate of $2.03 billion. Aercap had a net margin of 36.93% and a return on equity of 13.13%. The company's revenue was down 3.6% on a year-over-year basis. During the same period last year, the firm earned $3.01 EPS. Aercap has set its FY 2025 guidance at 11.600-11.600 EPS. Sell-side analysts expect that Aercap Holdings N.V. will post 11.29 EPS for the current fiscal year.

Aercap Announces Dividend

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

Wall Street Analyst Weigh In

Several research firms have weighed in on AER. Barclays increased their price target 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. JPMorgan Chase & Co. increased their price target on shares of Aercap from $112.00 to $114.00 and gave the stock an "overweight" rating in a research report on Thursday, May 1st. Susquehanna increased their price target on shares of Aercap from $130.00 to $134.00 and gave the stock a "positive" rating in a research report on Wednesday, August 13th. Finally, Morgan Stanley increased their price target on shares of Aercap from $111.00 to $120.00 and gave the stock an "equal weight" rating in a research report on Thursday, July 17th. Six analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus 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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