D.A. Davidson & CO. Purchases 2,531 Shares of Aercap Holdings N.V. (NYSE:AER)

D.A. Davidson & CO. grew its stake in shares of Aercap Holdings N.V. (NYSE:AER - Free Report) by 22.4% during the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 13,808 shares of the financial services provider's stock after purchasing an additional 2,531 shares during the period. D.A. Davidson & CO.'s holdings in Aercap were worth $1,411,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. 59 North Capital Management LP boosted its position in shares of Aercap by 17.0% in 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 buying an additional 538,703 shares in the last quarter. Lyrical Asset Management LP boosted its position in shares of Aercap by 1.3% in the 4th 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 in the last quarter. Cooke & Bieler LP boosted its position in shares of Aercap by 3.0% in the 4th quarter. Cooke & Bieler LP now owns 2,934,185 shares of the financial services provider's stock worth $280,802,000 after buying an additional 86,548 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in shares of Aercap by 22.9% in the 4th 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 worth $249,595,000 after buying an additional 485,999 shares in the last quarter. Finally, Norges Bank acquired a new position in Aercap in the 4th quarter valued at about $218,517,000. 96.42% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several brokerages recently weighed in on AER. Morgan Stanley boosted their target price on shares of Aercap from $101.00 to $111.00 and gave the company an "equal weight" rating in a research note on Thursday, May 1st. Barclays increased their target price on shares of Aercap from $115.00 to $131.00 and gave the stock an "overweight" rating in a research report on Thursday. JPMorgan Chase & Co. increased their price objective on shares of Aercap from $112.00 to $114.00 and gave the stock an "overweight" rating in a research report on Thursday, May 1st. Finally, Susquehanna upped their price target on shares of Aercap from $120.00 to $130.00 and gave the stock a "positive" rating in a research report on Tuesday, May 13th. One research 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 data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $121.25.

Aercap Stock Down 0.3%

AER traded down $0.34 during trading hours on Friday, reaching $114.41. 62,050 shares of the stock traded hands, compared to its average volume of 1,349,666. The firm's fifty day simple moving average is $113.96 and its two-hundred day simple moving average is $103.68. Aercap Holdings N.V. has a fifty-two week low of $82.21 and a fifty-two week high of $118.07. The company has a market cap of $21.37 billion, a price-to-earnings ratio of 10.15, a PEG ratio of 2.32 and a beta of 1.38. The company has a debt-to-equity ratio of 2.69, a current ratio of 0.21 and a quick ratio of 0.21.

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, topping the consensus estimate of $2.69 by $0.99. The firm had revenue of $2.08 billion for the quarter, compared to analysts' expectations of $2.01 billion. Aercap had a net margin of 26.53% and a return on equity of 13.84%. Aercap's revenue for the quarter was up 2.9% compared to the same quarter last year. During the same period in the previous year, the business earned $3.29 earnings per share. As a group, analysts forecast that Aercap Holdings N.V. will post 11.29 earnings per share for the current fiscal year.

Aercap Dividend Announcement

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