Bensler LLC Increases Holdings in AerCap Holdings (NYSE:AER)

Bensler LLC boosted its position in AerCap Holdings (NYSE:AER - Free Report) by 52.4% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 37,404 shares of the financial services provider's stock after purchasing an additional 12,867 shares during the period. Bensler LLC's holdings in AerCap were worth $3,822,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in AER. Norges Bank acquired a new stake in shares of AerCap in the fourth quarter valued at about $218,517,000. Alyeska Investment Group L.P. increased its stake in shares of AerCap by 139.1% in the fourth quarter. Alyeska Investment Group L.P. now owns 1,505,799 shares of the financial services provider's stock valued at $144,105,000 after buying an additional 875,950 shares during the period. TOMS Capital Investment Management LP increased its stake in shares of AerCap by 118.8% in the fourth quarter. TOMS Capital Investment Management LP now owns 1,398,000 shares of the financial services provider's stock valued at $133,789,000 after buying an additional 759,000 shares during the period. Millennium Management LLC increased its stake in shares of AerCap by 190.7% in the fourth quarter. Millennium Management LLC now owns 1,074,931 shares of the financial services provider's stock valued at $102,871,000 after buying an additional 705,212 shares during the period. Finally, Northern Trust Corp boosted its position in shares of AerCap by 90.9% during the 4th quarter. Northern Trust Corp now owns 1,396,937 shares of the financial services provider's stock valued at $133,687,000 after purchasing an additional 664,990 shares in the last quarter. Institutional investors and hedge funds own 96.42% of the company's stock.

Wall Street Analyst Weigh In

AER has been the topic of several research analyst reports. Susquehanna upped their target price on AerCap from $120.00 to $130.00 and gave the company a "positive" rating in a research report on Tuesday, May 13th. UBS Group lowered AerCap to an "underperform" rating in a research report on Friday, March 7th. Barclays restated an "overweight" rating and set a $115.00 target price (up previously from $113.00) on shares of AerCap in a research report on Thursday, February 27th. Morgan Stanley upped their target price on AerCap from $101.00 to $111.00 and gave the company an "equal weight" rating in a research report on Thursday, May 1st. Finally, Bank of America upped their target price on AerCap from $105.00 to $125.00 and gave the company a "buy" rating in a research report on Friday, March 7th. One analyst has rated the stock with a sell rating, one has given a hold rating and seven have given a buy rating to the company. According to MarketBeat.com, AerCap has an average rating of "Moderate Buy" and a consensus price target of $119.25.

AerCap Stock Down 0.5%

Shares of AerCap stock traded down $0.56 on Friday, hitting $115.69. The company had a trading volume of 1,268,077 shares, compared to its average volume of 1,381,367. The company has a debt-to-equity ratio of 2.89, a quick ratio of 0.67 and a current ratio of 0.67. The stock has a market capitalization of $21.61 billion, a price-to-earnings ratio of 9.17, a P/E/G ratio of 2.22 and a beta of 1.39. The stock has a 50 day moving average of $107.34 and a 200-day moving average of $101.17. AerCap Holdings has a 1 year low of $82.21 and a 1 year high of $118.07.

AerCap (NYSE:AER - Get Free Report) last issued its quarterly earnings results on Wednesday, April 30th. The financial services provider reported $3.68 EPS for the quarter, beating analysts' consensus estimates of $2.69 by $0.99. AerCap had a return on equity of 13.98% and a net margin of 32.38%. The company had revenue of $2.08 billion during the quarter, compared to the consensus estimate of $2.01 billion. During the same period last year, the business posted $3.29 earnings per share. AerCap's revenue was up 2.9% on a year-over-year basis. As a group, sell-side analysts forecast that AerCap Holdings will post 11.29 earnings per share for the current year.

AerCap Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, June 5th. Shareholders of record on Wednesday, May 14th were given a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a yield of 0.93%. The ex-dividend date was Wednesday, May 14th. AerCap's dividend payout ratio is currently 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 repurchase up to 4.9% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company's board believes its shares are undervalued.

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.