Avior Wealth Management LLC Buys New Position in Aercap Holdings N.V. $AER

Key Points

• Avior Wealth Management LLC has acquired a new stake in Aercap Holdings N.V., purchasing 10,900 shares valued at approximately $1,275,000.
• Institutional investors currently own 96.42% of Aercap's stock, with several hedge funds increasing their positions in the company during the first quarter.
• Analysts have raised their target prices for Aercap, with Barclays increasing it from $115.00 to $131.00, and the stock holds a consensus rating of "Moderate Buy".

Avior Wealth Management LLC bought a new stake in shares of Aercap Holdings N.V. (NYSE:AER - Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 10,900 shares of the financial services provider's stock, valued at approximately $1,275,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. American Century Companies Inc. raised its stake in Aercap by 6.5% during the first quarter. American Century Companies Inc. now owns 129,341 shares of the financial services provider's stock worth $13,215,000 after buying an additional 7,896 shares during the last quarter. Mather Group LLC. raised its position in shares of Aercap by 230.1% in the 1st quarter. Mather Group LLC. now owns 307 shares of the financial services provider's stock worth $31,000 after acquiring an additional 214 shares in the last quarter. Bank of New York Mellon Corp raised its position in shares of Aercap by 1.4% in the 1st quarter. Bank of New York Mellon Corp now owns 452,376 shares of the financial services provider's stock worth $46,219,000 after acquiring an additional 6,073 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its stake in shares of Aercap by 9.8% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 10,996 shares of the financial services provider's stock valued at $1,123,000 after purchasing an additional 978 shares during the period. Finally, Zurich Insurance Group Ltd FI boosted its position in shares of Aercap by 24.8% during the 1st quarter. Zurich Insurance Group Ltd FI now owns 129,682 shares of the financial services provider's stock valued at $13,250,000 after purchasing an additional 25,780 shares in the last quarter. Institutional investors and hedge funds own 96.42% of the company's stock.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on AER. Barclays lifted their target price on Aercap from $115.00 to $131.00 and gave the stock an "overweight" rating in a report on Thursday, July 10th. Susquehanna boosted their target price on shares of Aercap from $130.00 to $134.00 and gave the company a "positive" rating in a research report on Wednesday, August 13th. Finally, Morgan Stanley raised their price target 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 equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $122.57.

Aercap Price Performance

Shares of AER opened at $123.18 on Monday. The stock has a market cap of $23.01 billion, a P/E ratio of 7.66, a P/E/G ratio of 2.46 and a beta of 1.45. The business's fifty day moving average is $117.22 and its 200 day moving average is $111.29. The company has a quick ratio of 0.44, a current ratio of 0.44 and a debt-to-equity ratio of 2.57. Aercap Holdings N.V. has a 12-month low of $85.57 and a 12-month high of $125.45.

Aercap (NYSE:AER - Get Free Report) last released its quarterly earnings data on Wednesday, July 30th. The financial services provider reported $2.83 earnings per share for the quarter, topping 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 business's revenue was down 3.6% on a year-over-year basis. During the same quarter in the prior year, the company posted $3.01 earnings per share. Aercap has set its FY 2025 guidance at 11.600-11.600 EPS. Sell-side analysts anticipate that Aercap Holdings N.V. will post 11.29 earnings per share for the current fiscal year.

Aercap Dividend Announcement

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

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.

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