Banque Cantonale Vaudoise Makes New Investment in Aercap Holdings N.V. (NYSE:AER)

Key Points

• Banque Cantonale Vaudoise made a new investment in Aercap Holdings N.V., acquiring 3,300 shares valued at approximately $337,000.
• Aercap reported earnings per share of $2.83 for the last quarter, exceeding the consensus estimate of $2.75, despite a 3.6% year-over-year revenue decline.
• The company recently announced a quarterly dividend of $0.27, translating to an annual yield of 1.0%, with a payout ratio of 6.72%.

Banque Cantonale Vaudoise bought a new position in shares of Aercap Holdings N.V. (NYSE:AER - Free Report) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 3,300 shares of the financial services provider's stock, valued at approximately $337,000.

Other hedge funds have also recently bought and sold shares of the company. Ameriflex Group Inc. acquired a new stake in Aercap during the fourth quarter worth approximately $27,000. Mather Group LLC. boosted its position in 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 acquiring an additional 214 shares during the last quarter. Pinpoint Asset Management Ltd acquired a new stake in Aercap during the fourth quarter worth approximately $35,000. Blue Trust Inc. boosted its holdings in shares of Aercap by 42.2% in the 1st 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 during the last quarter. Finally, Bessemer Group Inc. boosted its holdings in shares of Aercap by 473.2% in the 1st quarter. Bessemer Group Inc. now owns 1,473 shares of the financial services provider's stock valued at $150,000 after purchasing an additional 1,216 shares during the last quarter. Institutional investors and hedge funds own 96.42% of the company's stock.

Aercap Stock Performance

Shares of NYSE AER traded up $1.00 during trading hours on Monday, hitting $109.37. 1,852,652 shares of the stock were exchanged, compared to its average volume of 1,322,437. 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's 50 day moving average is $114.37 and its 200 day moving average is $105.65. The firm has a market capitalization of $20.43 billion, a P/E ratio of 6.80, a P/E/G ratio of 2.17 and a beta of 1.44. Aercap Holdings N.V. has a one year low of $82.21 and a one year high of $118.07.

Aercap (NYSE:AER - Get Free Report) last announced its quarterly earnings data on Wednesday, July 30th. The financial services provider reported $2.83 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.75 by $0.08. Aercap had a net margin of 36.93% and a return on equity of 13.13%. The company had revenue of $1.89 billion during the quarter, compared to analysts' expectations of $2.03 billion. During the same quarter in the prior year, the company posted $3.01 EPS. The business's revenue was down 3.6% on a year-over-year basis. On average, research analysts expect that Aercap Holdings N.V. will post 11.29 EPS for the current year.

Aercap Dividend Announcement

The firm 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 $0.27 dividend. This represents a $1.08 annualized dividend and a dividend yield of 1.0%. The ex-dividend date of this dividend is Wednesday, August 13th. Aercap's dividend payout ratio (DPR) is 6.72%.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on AER shares. JPMorgan Chase & Co. lifted their price target on shares of Aercap from $112.00 to $114.00 and gave the company an "overweight" rating in a report on Thursday, May 1st. Morgan Stanley raised their target price on shares of Aercap from $111.00 to $120.00 and gave the company an "equal weight" rating in a research note on Thursday, July 17th. Susquehanna raised their target price on shares of Aercap from $120.00 to $130.00 and gave the company a "positive" rating in a research note on Tuesday, May 13th. Finally, Barclays raised their target price on shares of Aercap from $115.00 to $131.00 and gave the company an "overweight" rating in a research note on Thursday, July 10th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and six have issued a buy rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $122.00.

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.