Envestnet Asset Management Inc. Reduces Position in Aercap Holdings N.V. (NYSE:AER)

Envestnet Asset Management Inc. trimmed its position in shares of Aercap Holdings N.V. (NYSE:AER - Free Report) by 1.9% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 494,271 shares of the financial services provider's stock after selling 9,628 shares during the period. Envestnet Asset Management Inc. owned 0.26% of Aercap worth $50,500,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of AER. Steward Partners Investment Advisory LLC increased 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 acquiring an additional 1,796 shares during the last quarter. Charles Schwab Investment Management Inc. increased its holdings in Aercap by 1.5% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 234,487 shares of the financial services provider's stock valued at $22,440,000 after acquiring an additional 3,542 shares during the last quarter. Raymond James Financial Inc. bought a new stake in Aercap in the 4th quarter valued at $3,284,000. Moors & Cabot Inc. increased 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 acquiring an additional 3,580 shares during the last quarter. Finally, PFG Advisors increased its holdings in Aercap by 15.8% in the 4th quarter. PFG Advisors now owns 4,309 shares of the financial services provider's stock valued at $412,000 after acquiring an additional 588 shares during the last quarter. 96.42% of the stock is currently owned by institutional investors.

Aercap Price Performance

Shares of Aercap stock traded down $0.37 during trading hours on Friday, reaching $114.38. The company's stock had a trading volume of 837,914 shares, compared to its average volume of 1,349,206. The firm has a 50 day moving average price of $114.12 and a 200-day moving average price of $103.87. Aercap Holdings N.V. has a one year low of $82.21 and a one year high of $118.07. 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 stock has a market cap of $21.36 billion, a P/E ratio of 10.15, a P/E/G ratio of 2.33 and a beta of 1.38.

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

Aercap Dividend Announcement

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

Analyst Ratings Changes

AER has been the topic of a number of research reports. Barclays lifted their price target on shares of Aercap from $115.00 to $131.00 and gave the company an "overweight" rating in a report on Thursday. Susquehanna lifted their price target on shares of Aercap from $120.00 to $130.00 and gave the company a "positive" rating in a report on Tuesday, May 13th. JPMorgan Chase & Co. boosted their target price on shares of Aercap from $112.00 to $114.00 and gave the stock an "overweight" rating in a report on Thursday, May 1st. Finally, Morgan Stanley boosted their target price on shares of Aercap from $101.00 to $111.00 and gave the stock an "equal weight" rating in a report on Thursday, May 1st. One research analyst has rated the stock with a sell rating, one has issued a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $121.25.

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.