Banco BTG Pactual S.A. Lowers Stock Holdings in Aercap Holdings N.V. $AER

Key Points

• Banco BTG Pactual S.A. reduced its holdings in Aercap Holdings N.V. by 60.2%, now owning only 2,569 shares after selling 3,878 shares during Q1.
• Aercap's stock received positive ratings increases from several analysts, with Morgan Stanley raising its target price from $111.00 to $120.00 and Barclays increasing it from $115.00 to $131.00.
• The company recently announced a quarterly dividend of $0.27, to be paid on September 4th, reflecting a 0.9% yield based on an annual payout of $1.08.

Banco BTG Pactual S.A. cut its holdings in shares of Aercap Holdings N.V. (NYSE:AER - Free Report) by 60.2% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,569 shares of the financial services provider's stock after selling 3,878 shares during the period. Banco BTG Pactual S.A.'s holdings in Aercap were worth $262,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Ameriflex Group Inc. acquired a new position in shares of Aercap in the fourth quarter valued at approximately $27,000. Mather Group LLC. boosted its position in Aercap by 230.1% in the 1st quarter. Mather Group LLC. now owns 307 shares of the financial services provider's stock valued at $31,000 after buying an additional 214 shares during the period. Summit Securities Group LLC acquired a new position in shares of Aercap in the first quarter worth $64,000. Blue Trust Inc. increased its position in shares of Aercap by 42.2% during the first quarter. Blue Trust Inc. now owns 1,318 shares of the financial services provider's stock worth $135,000 after acquiring an additional 391 shares during the period. Finally, Covestor Ltd raised its stake in shares of Aercap by 9.6% in the first quarter. Covestor Ltd now owns 1,422 shares of the financial services provider's stock valued at $145,000 after acquiring an additional 125 shares in the last quarter. Institutional investors and hedge funds own 96.42% of the company's stock.

Analyst Ratings Changes

Several research analysts recently commented on the company. Morgan Stanley boosted their target price on Aercap from $111.00 to $120.00 and gave the stock an "equal weight" rating in a research note on Thursday, July 17th. Barclays lifted their price objective on Aercap from $115.00 to $131.00 and gave the company an "overweight" rating in a research note on Thursday, July 10th. Susquehanna upped their target price on shares of Aercap from $130.00 to $134.00 and gave the stock a "positive" rating in a research note on Wednesday, August 13th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Aercap from $112.00 to $114.00 and gave the stock an "overweight" rating in a research note on Thursday, May 1st. Six investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $122.57.

Aercap Price Performance

Shares of NYSE AER opened at $115.7040 on Thursday. The stock's 50-day simple moving average is $113.52 and its 200-day simple moving average is $106.98. The firm has a market capitalization of $21.61 billion, a PE ratio of 7.20, a price-to-earnings-growth ratio of 2.31 and a beta of 1.44. Aercap Holdings N.V. has a fifty-two week low of $85.57 and a fifty-two week high of $118.07. The company has a debt-to-equity ratio of 2.57, a quick ratio of 0.44 and a current ratio of 0.44.

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 the consensus estimate of $2.75 by $0.08. The company had revenue of $1.89 billion for the quarter, compared to analyst estimates of $2.03 billion. Aercap had a net margin of 36.93% and a return on equity of 13.13%. The firm's revenue was down 3.6% on a year-over-year basis. During the same period in the prior year, the firm posted $3.01 earnings per share. Aercap has set its FY 2025 guidance at 11.600-11.600 EPS. As a group, equities research analysts forecast that Aercap Holdings N.V. will post 11.29 EPS for the current fiscal year.

Aercap Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 4th. Investors of record on Wednesday, August 13th will be given a $0.27 dividend. The ex-dividend date of this dividend is 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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