Cooper Investors PTY Ltd. Reduces Stock Position in Aercap Holdings N.V. (NYSE:AER)

Cooper Investors PTY Ltd. decreased its holdings in shares of Aercap Holdings N.V. (NYSE:AER - Free Report) by 13.2% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 106,125 shares of the financial services provider's stock after selling 16,128 shares during the quarter. Aercap comprises 1.8% of Cooper Investors PTY Ltd.'s holdings, making the stock its 24th largest holding. Cooper Investors PTY Ltd. owned approximately 0.06% of Aercap worth $10,843,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in AER. 59 North Capital Management LP increased its position in shares of Aercap by 17.0% during the 4th quarter. 59 North Capital Management LP now owns 3,704,914 shares of the financial services provider's stock worth $354,560,000 after purchasing an additional 538,703 shares during the last quarter. Lyrical Asset Management LP boosted its stake in Aercap by 1.3% during the fourth quarter. Lyrical Asset Management LP now owns 3,097,840 shares of the financial services provider's stock worth $296,463,000 after buying an additional 38,264 shares during the period. Cooke & Bieler LP increased its position in shares of Aercap by 3.0% during the fourth quarter. Cooke & Bieler LP now owns 2,934,185 shares of the financial services provider's stock valued at $280,802,000 after acquiring an additional 86,548 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in shares of Aercap by 22.9% during the fourth 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 valued at $249,595,000 after acquiring an additional 485,999 shares during the last quarter. Finally, Norges Bank purchased a new stake in shares of Aercap in the 4th quarter valued at approximately $218,517,000. Hedge funds and other institutional investors own 96.42% of the company's stock.

Aercap Stock Down 1.2%

NYSE:AER traded down $1.41 during midday trading on Wednesday, reaching $114.60. The company had a trading volume of 664,157 shares, compared to its average volume of 1,361,664. Aercap Holdings N.V. has a 12-month low of $82.21 and a 12-month high of $118.07. The firm has a market capitalization of $21.40 billion, a price-to-earnings ratio of 10.17, a PEG ratio of 2.36 and a beta of 1.39. The company has a current ratio of 0.21, a quick ratio of 0.21 and a debt-to-equity ratio of 2.69. The stock's fifty day simple moving average is $110.77 and its 200-day simple moving average is $102.12.

Aercap (NYSE:AER - Get Free Report) last posted its quarterly earnings results 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 for the quarter, compared to analyst estimates of $2.01 billion. Aercap had a return on equity of 13.84% and a net margin of 26.53%. Aercap's revenue for the quarter was up 2.9% compared to the same quarter last year. During the same quarter last year, the company earned $3.29 EPS. On average, sell-side analysts anticipate that Aercap Holdings N.V. will post 11.29 earnings per share for the current fiscal year.

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

Aercap Announces Dividend

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

Wall Street Analysts Forecast Growth

AER has been the subject of a number of research analyst reports. Morgan Stanley increased their price objective on shares of Aercap from $101.00 to $111.00 and gave the stock an "equal weight" rating in a research report on Thursday, May 1st. Susquehanna raised their price target on Aercap from $120.00 to $130.00 and gave the stock a "positive" rating in a research report on Tuesday, May 13th. JPMorgan Chase & Co. boosted their price objective on Aercap from $112.00 to $114.00 and gave the company an "overweight" rating in a report on Thursday, May 1st. Barclays reissued an "overweight" rating and set a $115.00 target price (up previously from $113.00) on shares of Aercap in a research note on Thursday, February 27th. Finally, Bank of America lifted 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 research analyst has rated the stock with a sell rating, one has issued a hold rating and seven have issued a buy rating to the company. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $119.25.

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.