Check Capital Management Inc. CA Cuts Position in Aercap Holdings N.V. $AER

Key Points

• Check Capital Management Inc. CA has reduced its position in Aercap Holdings N.V. by 1.7%, now owning 838,329 shares worth approximately $98 million.
• Aercap recently declared a quarterly dividend of $0.27 per share, resulting in an annualized dividend of $1.08 and a yield of 0.9%.
• Several analysts have raised their price targets for Aercap, with Barclays setting a new high of $131.00 and maintaining an "overweight" rating.

Check Capital Management Inc. CA decreased its holdings in shares of Aercap Holdings N.V. (NYSE:AER - Free Report) by 1.7% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 838,329 shares of the financial services provider's stock after selling 14,932 shares during the period. Aercap accounts for about 3.3% of Check Capital Management Inc. CA's portfolio, making the stock its 5th biggest position. Check Capital Management Inc. CA owned 0.45% of Aercap worth $98,084,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Fiduciary Alliance LLC boosted its position in shares of Aercap by 0.4% during the 2nd quarter. Fiduciary Alliance LLC now owns 23,310 shares of the financial services provider's stock valued at $2,727,000 after purchasing an additional 93 shares in the last quarter. Geneos Wealth Management Inc. boosted its holdings in Aercap by 26.6% in the first quarter. Geneos Wealth Management Inc. now owns 447 shares of the financial services provider's stock worth $46,000 after acquiring an additional 94 shares in the last quarter. Signaturefd LLC boosted its holdings in Aercap by 1.8% in the first quarter. Signaturefd LLC now owns 5,819 shares of the financial services provider's stock worth $595,000 after acquiring an additional 102 shares in the last quarter. Citizens National Bank Trust Department boosted its holdings in Aercap by 0.8% in the second quarter. Citizens National Bank Trust Department now owns 13,965 shares of the financial services provider's stock worth $1,634,000 after acquiring an additional 104 shares in the last quarter. Finally, Allworth Financial LP boosted its holdings in Aercap by 8.0% in the first quarter. Allworth Financial LP now owns 1,566 shares of the financial services provider's stock worth $160,000 after acquiring an additional 116 shares in the last quarter. Institutional investors own 96.42% of the company's stock.

Aercap Stock Down 0.5%

AER stock opened at $120.90 on Friday. Aercap Holdings N.V. has a twelve month low of $85.57 and a twelve month high of $126.27. The company has a quick ratio of 0.44, a current ratio of 0.44 and a debt-to-equity ratio of 2.57. The stock's 50 day moving average is $119.58 and its 200-day moving average is $112.61. The firm has a market capitalization of $22.58 billion, a PE ratio of 7.52, a P/E/G ratio of 2.42 and a beta of 1.40.

Aercap (NYSE:AER - Get Free Report) last posted its earnings results on Wednesday, July 30th. The financial services provider reported $2.83 earnings per share for the quarter, beating analysts' consensus estimates of $2.75 by $0.08. Aercap had a return on equity of 13.13% and a net margin of 36.93%.The company had revenue of $1.89 billion for the quarter, compared to analyst estimates of $2.03 billion. During the same quarter last year, the company earned $3.01 earnings per share. The company's revenue for the quarter was down 3.6% on a year-over-year basis. Aercap has set its FY 2025 guidance at 11.600-11.600 EPS. Sell-side analysts expect that Aercap Holdings N.V. will post 11.29 EPS for the current fiscal year.

Aercap Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 4th. Investors of record on Wednesday, August 13th were given a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend was Wednesday, August 13th. Aercap's dividend payout ratio (DPR) is presently 6.72%.

Analysts Set New Price Targets

Several brokerages have issued reports on AER. Barclays increased their price target on Aercap from $115.00 to $131.00 and gave the stock an "overweight" rating in a report on Thursday, July 10th. Morgan Stanley increased their price target on Aercap from $111.00 to $120.00 and gave the stock an "equal weight" rating in a report on Thursday, July 17th. Weiss Ratings reiterated a "buy (b+)" rating on shares of Aercap in a report on Wednesday. Finally, Susquehanna increased their price target on Aercap from $130.00 to $134.00 and gave the stock a "positive" rating in a report on Wednesday, August 13th. Seven equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $122.57.

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.

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