Bensler LLC Grows Stake in AerCap Holdings (NYSE:AER)

Bensler LLC raised its holdings in shares of AerCap Holdings (NYSE:AER - Free Report) by 52.4% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 37,404 shares of the financial services provider's stock after purchasing an additional 12,867 shares during the quarter. Bensler LLC's holdings in AerCap were worth $3,822,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Ameriflex Group Inc. bought a new stake in shares of AerCap during the 4th quarter valued at about $27,000. Pinpoint Asset Management Ltd bought a new stake in AerCap in the fourth quarter valued at approximately $35,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in AerCap by 110.7% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,740 shares of the financial services provider's stock valued at $167,000 after buying an additional 914 shares during the period. CoreCap Advisors LLC increased its holdings in AerCap by 104.3% during the 4th quarter. CoreCap Advisors LLC now owns 1,949 shares of the financial services provider's stock valued at $187,000 after purchasing an additional 995 shares during the period. Finally, Intrust Bank NA bought a new position in shares of AerCap during the fourth quarter valued at approximately $202,000. Institutional investors own 96.42% of the company's stock.

AerCap Price Performance

Shares of AER stock traded up $0.02 during mid-day trading on Monday, hitting $115.86. The company had a trading volume of 865,081 shares, compared to its average volume of 1,377,248. The stock's 50 day moving average price is $107.34 and its 200-day moving average price is $101.19. AerCap Holdings has a 52-week low of $82.21 and a 52-week high of $118.07. The company has a market capitalization of $21.64 billion, a P/E ratio of 9.18, a P/E/G ratio of 2.22 and a beta of 1.39. The company has a debt-to-equity ratio of 2.89, a current ratio of 0.67 and a quick ratio of 0.67.

AerCap (NYSE:AER - Get Free Report) last posted its 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. The firm had revenue of $2.08 billion during the quarter, compared to the consensus estimate of $2.01 billion. AerCap had a return on equity of 13.98% and a net margin of 32.38%. The company's quarterly revenue was up 2.9% compared to the same quarter last year. During the same period in the prior year, the company earned $3.29 EPS. Equities research analysts forecast that AerCap Holdings will post 11.29 earnings per share for the current year.

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

AerCap Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, June 5th. Investors of record on Wednesday, May 14th were given a $0.27 dividend. The ex-dividend date was Wednesday, May 14th. This represents a $1.08 dividend on an annualized basis and a yield of 0.93%. AerCap's dividend payout ratio is presently 9.58%.

Analyst Upgrades and Downgrades

AER has been the subject of several research reports. Morgan Stanley increased their target price on AerCap from $101.00 to $111.00 and gave the stock an "equal weight" rating in a research report on Thursday, May 1st. JPMorgan Chase & Co. upped their price objective on AerCap from $112.00 to $114.00 and gave the company an "overweight" rating in a research report on Thursday, May 1st. Bank of America lifted their price target on shares of AerCap from $105.00 to $125.00 and gave the stock a "buy" rating in a research note on Friday, March 7th. Barclays reissued an "overweight" rating and issued a $115.00 target price (up previously from $113.00) on shares of AerCap in a report on Thursday, February 27th. Finally, UBS Group downgraded shares of AerCap to an "underperform" rating in a research report on Friday, March 7th. One research analyst has rated the stock with a sell rating, one has given a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target 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.