Concurrent Investment Advisors LLC Takes Position in Aercap Holdings N.V. (NYSE:AER)

Concurrent Investment Advisors LLC bought a new position in Aercap Holdings N.V. (NYSE:AER - Free Report) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 4,231 shares of the financial services provider's stock, valued at approximately $432,000.

Other large investors have also recently added to or reduced their stakes in the company. Steward Partners Investment Advisory LLC grew its holdings in Aercap by 393.0% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 2,253 shares of the financial services provider's stock valued at $216,000 after buying an additional 1,796 shares during the last quarter. Charles Schwab Investment Management Inc. grew its stake in shares of Aercap by 1.5% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 234,487 shares of the financial services provider's stock worth $22,440,000 after acquiring an additional 3,542 shares during the last quarter. Victory Capital Management Inc. increased its position in Aercap by 6.9% during the fourth quarter. Victory Capital Management Inc. now owns 140,415 shares of the financial services provider's stock worth $13,438,000 after acquiring an additional 9,091 shares during the period. Raymond James Financial Inc. acquired a new position in Aercap during the 4th quarter valued at $3,284,000. Finally, Moors & Cabot Inc. boosted its holdings in Aercap by 77.5% in the 4th quarter. Moors & Cabot Inc. now owns 8,199 shares of the financial services provider's stock valued at $785,000 after purchasing an additional 3,580 shares during the period. Institutional investors own 96.42% of the company's stock.

Analyst Ratings Changes

A number of brokerages have recently commented on AER. Susquehanna upped their price objective on shares of Aercap from $120.00 to $130.00 and gave the company a "positive" rating in a research report on Tuesday, May 13th. Barclays upped their price target on Aercap from $115.00 to $131.00 and gave the company an "overweight" rating in a report on Thursday. Morgan Stanley lifted their price objective on Aercap from $101.00 to $111.00 and gave the stock an "equal weight" rating in a report on Thursday, May 1st. Finally, JPMorgan Chase & Co. boosted 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. One analyst has rated the stock with a sell rating, one has assigned a hold rating and seven have given a buy rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $121.25.

Aercap Price Performance

Shares of Aercap stock traded down $0.37 during midday trading on Friday, hitting $114.38. 837,914 shares of the company were exchanged, compared to its average volume of 1,351,789. The firm has a 50 day simple moving average of $114.12 and a 200-day simple moving average of $103.81. The company has a debt-to-equity ratio of 2.69, a current ratio of 0.21 and a quick ratio of 0.21. The firm has a market cap of $21.36 billion, a P/E ratio of 10.15, a PEG ratio of 2.34 and a beta of 1.38. Aercap Holdings N.V. has a 52 week low of $82.21 and a 52 week high of $118.07.

Aercap (NYSE:AER - Get Free Report) last issued its quarterly earnings data on Wednesday, April 30th. The financial services provider reported $3.68 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.69 by $0.99. The company had revenue of $2.08 billion during the quarter, compared to analysts' expectations of $2.01 billion. Aercap had a return on equity of 13.84% and a net margin of 26.53%. The business's revenue was up 2.9% on a year-over-year basis. During the same period last year, the business earned $3.29 earnings per share. Research analysts forecast that Aercap Holdings N.V. will post 11.29 earnings per share for the current year.

Aercap Dividend Announcement

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

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.