Fiduciary Alliance LLC Acquires 2,247 Shares of AerCap Holdings (NYSE:AER)

Fiduciary Alliance LLC boosted its position in AerCap Holdings (NYSE:AER - Free Report) by 10.7% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 23,217 shares of the financial services provider's stock after purchasing an additional 2,247 shares during the quarter. Fiduciary Alliance LLC's holdings in AerCap were worth $2,372,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently bought and sold shares of the company. Barclays PLC boosted its stake in AerCap by 95.5% during the third quarter. Barclays PLC now owns 91,707 shares of the financial services provider's stock valued at $8,687,000 after buying an additional 44,797 shares during the period. Blue Trust Inc. boosted its position in shares of AerCap by 51.7% during the 4th quarter. Blue Trust Inc. now owns 1,388 shares of the financial services provider's stock valued at $131,000 after acquiring an additional 473 shares during the last quarter. Robeco Institutional Asset Management B.V. grew its holdings in shares of AerCap by 3.0% during the fourth quarter. Robeco Institutional Asset Management B.V. now owns 105,453 shares of the financial services provider's stock worth $10,092,000 after purchasing an additional 3,090 shares in the last quarter. abrdn plc grew its holdings in shares of AerCap by 124.0% during the fourth quarter. abrdn plc now owns 162,274 shares of the financial services provider's stock worth $15,647,000 after purchasing an additional 89,831 shares in the last quarter. Finally, Caas Capital Management LP increased its position in shares of AerCap by 40.6% in the fourth quarter. Caas Capital Management LP now owns 41,206 shares of the financial services provider's stock worth $3,943,000 after purchasing an additional 11,900 shares during the last quarter. 96.42% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the stock. JPMorgan Chase & Co. lifted their target price on shares of AerCap from $112.00 to $114.00 and gave the company an "overweight" rating in a research report on Thursday, May 1st. Barclays restated an "overweight" rating and set a $115.00 price objective (up previously from $113.00) on shares of AerCap in a research report on Thursday, February 27th. Susquehanna upped their target price 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. Bank of America increased their target price on AerCap from $105.00 to $125.00 and gave the company a "buy" rating in a research note on Friday, March 7th. Finally, Morgan Stanley raised their price target on AerCap from $101.00 to $111.00 and gave the company an "equal weight" rating in a research report on Thursday, May 1st. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and seven have assigned a buy rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $119.25.

AerCap Trading Down 0.1%

NYSE AER traded down $0.12 during trading on Tuesday, hitting $115.69. 1,503,521 shares of the company's stock traded hands, compared to its average volume of 1,385,532. The stock has a fifty day moving average of $104.08 and a two-hundred day moving average of $100.05. AerCap Holdings has a 12-month low of $82.21 and a 12-month high of $116.00. The firm has a market cap of $21.61 billion, a P/E ratio of 9.17, a PEG ratio of 2.22 and a beta of 1.41. The company has a debt-to-equity ratio of 2.89, a current ratio of 0.67 and a quick ratio of 0.67.

AerCap (NYSE:AER - Get Free Report) last released its earnings results on Wednesday, April 30th. The financial services provider reported $3.68 earnings per share for the quarter, beating analysts' consensus estimates of $2.69 by $0.99. AerCap had a return on equity of 13.98% and a net margin of 32.38%. The company had revenue of $2.08 billion during the quarter, compared to analyst estimates of $2.01 billion. During the same quarter in the previous year, the company posted $3.29 EPS. AerCap's revenue for the quarter was up 2.9% on a year-over-year basis. As a group, sell-side analysts expect that AerCap Holdings will post 11.29 EPS for the current year.

AerCap Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 5th. Investors of record on Wednesday, May 14th will be paid a $0.27 dividend. This represents a $1.08 annualized dividend and a dividend yield of 0.93%. The ex-dividend date is Wednesday, May 14th. AerCap's payout ratio is 9.58%.

AerCap announced that its Board of Directors has authorized a stock buyback plan on Wednesday, February 26th that permits the company to buyback $1.00 billion in shares. This buyback authorization permits the financial services provider to buy up to 4.9% of its shares through open market purchases. Shares buyback plans are generally a sign that the company's leadership believes its stock is undervalued.

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.