Barrow Hanley Mewhinney & Strauss LLC Has $119.42 Million Stock Position in AerCap Holdings (NYSE:AER)

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

A number of other large investors have also bought and sold shares of AER. Vise Technologies Inc. lifted its position in AerCap by 121.0% during the 4th quarter. Vise Technologies Inc. now owns 6,314 shares of the financial services provider's stock worth $604,000 after buying an additional 3,457 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in AerCap by 22.9% during 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 worth $249,595,000 after purchasing an additional 485,999 shares during the last quarter. Woodline Partners LP lifted its holdings in AerCap by 23.2% in the fourth 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 period. Zurich Insurance Group Ltd FI bought a new stake in AerCap in the fourth quarter valued at about $9,943,000. Finally, Squarepoint Ops LLC boosted its stake in AerCap by 149.0% during the 4th quarter. Squarepoint Ops LLC now owns 13,432 shares of the financial services provider's stock worth $1,285,000 after acquiring an additional 40,832 shares during the last quarter. 96.42% of the stock is currently owned by institutional investors.

AerCap Stock Down 0.0%

Shares of NYSE:AER traded down $0.01 during midday trading on Wednesday, reaching $114.38. The company had a trading volume of 195,906 shares, compared to its average volume of 1,386,146. The business's 50 day moving average price is $103.12 and its 200 day moving average price is $99.48. AerCap Holdings has a 1-year low of $82.21 and a 1-year high of $114.57. 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 stock has a market cap of $21.36 billion, a PE ratio of 9.06, a P/E/G ratio of 2.22 and a beta of 1.41.

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

AerCap declared that its Board of Directors has approved a stock buyback program on Wednesday, February 26th that allows the company to buyback $1.00 billion in shares. This buyback authorization allows the financial services provider to repurchase up to 4.9% of its stock through open market purchases. Stock buyback programs are often a sign that the company's management believes its stock is undervalued.

AerCap Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 5th. Stockholders of record on Wednesday, May 14th will be paid a dividend of $0.27 per share. The ex-dividend date is Wednesday, May 14th. This represents a $1.08 annualized dividend and a dividend yield of 0.94%. AerCap's dividend payout ratio is presently 9.58%.

Analysts Set New Price Targets

Several brokerages recently commented on AER. Barclays reaffirmed an "overweight" rating and set a $115.00 price objective (up previously from $113.00) on shares of AerCap in a research note on Thursday, February 27th. UBS Group cut AerCap to an "underperform" rating in a report on Friday, March 7th. Bank of America increased their target price on AerCap from $105.00 to $125.00 and gave the stock a "buy" rating in a research note on Friday, March 7th. Morgan Stanley lifted their price target on shares of AerCap from $101.00 to $111.00 and gave the company an "equal weight" rating in a research note on Thursday, May 1st. Finally, JPMorgan Chase & Co. upped their target price 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. One analyst has rated the stock with a sell rating, one has issued a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat, AerCap presently has an average rating of "Moderate Buy" and an average target price of $119.25.

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.