Barrow Hanley Mewhinney & Strauss LLC Sells 28,992 Shares of AerCap Holdings (NYSE:AER)

Barrow Hanley Mewhinney & Strauss LLC decreased its position in AerCap Holdings (NYSE:AER - Free Report) by 2.3% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,247,818 shares of the financial services provider's stock after selling 28,992 shares during the period. Barrow Hanley Mewhinney & Strauss LLC owned about 0.63% of AerCap worth $119,416,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the company. Vise Technologies Inc. grew its stake in shares of AerCap by 121.0% in the 4th quarter. Vise Technologies Inc. now owns 6,314 shares of the financial services provider's stock valued at $604,000 after purchasing an additional 3,457 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in AerCap by 22.9% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,608,099 shares of the financial services provider's stock valued at $249,595,000 after buying an additional 485,999 shares during the last quarter. Woodline Partners LP boosted its position in AerCap by 23.2% in the 4th quarter. Woodline Partners LP now owns 128,311 shares of the financial services provider's stock valued at $12,279,000 after buying an additional 24,198 shares during the last quarter. Zurich Insurance Group Ltd FI bought a new position in AerCap in the 4th quarter valued at $9,943,000. Finally, Squarepoint Ops LLC boosted its position in AerCap by 149.0% in the 4th quarter. Squarepoint Ops LLC now owns 13,432 shares of the financial services provider's stock valued at $1,285,000 after buying an additional 40,832 shares during the last quarter. Institutional investors and hedge funds own 96.42% of the company's stock.

Analysts Set New Price Targets

A number of research analysts have commented on the company. Barclays reiterated an "overweight" rating and issued a $115.00 price objective (up from $113.00) on shares of AerCap in a research report on Thursday, February 27th. Morgan Stanley increased their price target on AerCap from $101.00 to $111.00 and gave the company an "equal weight" rating in a research note on Thursday, May 1st. UBS Group downgraded AerCap to an "underperform" rating in a research note on Friday, March 7th. Susquehanna increased their price target on AerCap from $120.00 to $130.00 and gave the company a "positive" rating in a research note on Tuesday, May 13th. Finally, JPMorgan Chase & Co. increased their price target on AerCap from $112.00 to $114.00 and gave the company an "overweight" rating in a research note on Thursday, May 1st. One analyst has rated the stock with a sell rating, one has issued a hold rating and seven have issued a buy rating to the company's stock. According to MarketBeat.com, AerCap currently has a consensus rating of "Moderate Buy" and an average target price of $119.25.

AerCap Trading Up 1.3%

AerCap stock traded up $1.46 during mid-day trading on Tuesday, hitting $114.19. 1,060,237 shares of the company's stock were exchanged, compared to its average volume of 1,586,694. The firm has a market capitalization of $21.33 billion, a P/E ratio of 9.05, a PEG ratio of 2.22 and a beta of 1.41. AerCap Holdings has a fifty-two week low of $82.21 and a fifty-two week high of $114.42. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 2.89. The company's 50 day simple moving average is $102.93 and its 200-day simple moving average is $99.38.

AerCap (NYSE:AER - Get Free Report) last issued its quarterly earnings data on Wednesday, April 30th. The financial services provider reported $3.68 EPS for the quarter, topping the consensus estimate of $2.69 by $0.99. AerCap had a return on equity of 13.98% and a net margin of 32.38%. The business had revenue of $2.08 billion for the quarter, compared to the consensus estimate of $2.01 billion. During the same quarter last year, the business posted $3.29 EPS. The firm's revenue was up 2.9% compared to the same quarter last year. On average, equities analysts anticipate that AerCap Holdings will post 11.29 earnings per share for the current year.

AerCap Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 5th. Shareholders of record on Wednesday, May 14th will be paid a $0.27 dividend. This represents a $1.08 annualized dividend and a dividend yield of 0.95%. The ex-dividend date of this dividend is Wednesday, May 14th. AerCap's dividend payout ratio is 9.58%.

AerCap declared that its Board of Directors has authorized a stock buyback plan on Wednesday, February 26th that authorizes the company to repurchase $1.00 billion in shares. This repurchase authorization authorizes the financial services provider to buy up to 4.9% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company's board of directors believes its shares are undervalued.

About AerCap

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.