Fox Run Management L.L.C. Sells 9,465 Shares of Aercap Holdings N.V. $AER

Key Points

• Fox Run Management L.L.C. reduced its holdings in Aercap Holdings N.V. by 67.6%, ending up with 4,528 shares valued at approximately $463,000.
• Multiple institutional investors, including Mather Group LLC and Bessemer Group Inc., increased their stakes in Aercap, signaling strong interest in the stock among institutional players.
• Aercap's stock received positive revisions from analysts, with target prices raised by firms like Morgan Stanley and Barclays, indicating an optimistic outlook for the company's future performance.

Fox Run Management L.L.C. reduced its holdings in shares of Aercap Holdings N.V. (NYSE:AER - Free Report) by 67.6% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,528 shares of the financial services provider's stock after selling 9,465 shares during the quarter. Fox Run Management L.L.C.'s holdings in Aercap were worth $463,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the business. Ameriflex Group Inc. purchased a new stake in Aercap in the 4th quarter worth approximately $27,000. Mather Group LLC. lifted its stake in Aercap by 230.1% in the 1st quarter. Mather Group LLC. now owns 307 shares of the financial services provider's stock worth $31,000 after purchasing an additional 214 shares in the last quarter. Blue Trust Inc. lifted its stake in Aercap by 42.2% in the 1st quarter. Blue Trust Inc. now owns 1,318 shares of the financial services provider's stock worth $135,000 after purchasing an additional 391 shares in the last quarter. Covestor Ltd lifted its stake in Aercap by 9.6% in the 1st quarter. Covestor Ltd now owns 1,422 shares of the financial services provider's stock worth $145,000 after purchasing an additional 125 shares in the last quarter. Finally, Bessemer Group Inc. lifted its stake in Aercap by 473.2% in the 1st quarter. Bessemer Group Inc. now owns 1,473 shares of the financial services provider's stock worth $150,000 after purchasing an additional 1,216 shares in the last quarter. 96.42% of the stock is currently owned by hedge funds and other institutional investors.

Aercap Price Performance

Shares of NYSE:AER traded up $1.4650 during trading on Friday, reaching $119.5050. The company had a trading volume of 2,276,558 shares, compared to its average volume of 1,483,663. The company has a fifty day moving average of $113.55 and a two-hundred day moving average of $107.14. The stock has a market capitalization of $22.32 billion, a P/E ratio of 7.43, a price-to-earnings-growth ratio of 2.32 and a beta of 1.44. Aercap Holdings N.V. has a 12 month low of $85.57 and a 12 month high of $120.48. The company has a current ratio of 0.44, a quick ratio of 0.44 and a debt-to-equity ratio of 2.57.

Aercap (NYSE:AER - Get Free Report) last released its earnings results on Wednesday, July 30th. The financial services provider reported $2.83 EPS for the quarter, beating the consensus estimate of $2.75 by $0.08. Aercap had a net margin of 36.93% and a return on equity of 13.13%. The company had revenue of $1.89 billion for the quarter, compared to analyst estimates of $2.03 billion. During the same quarter last year, the firm earned $3.01 EPS. The firm's quarterly revenue was down 3.6% compared to the same quarter last year. Aercap has set its FY 2025 guidance at 11.600-11.600 EPS. Equities research analysts forecast that Aercap Holdings N.V. will post 11.29 earnings per share for the current year.

Aercap Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 4th. Investors of record on Wednesday, August 13th will be issued a dividend of $0.27 per share. The ex-dividend date of this dividend is Wednesday, August 13th. This represents a $1.08 annualized dividend and a dividend yield of 0.9%. Aercap's dividend payout ratio (DPR) is currently 6.72%.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on AER. Morgan Stanley increased their target price on shares of Aercap from $111.00 to $120.00 and gave the stock an "equal weight" rating in a research note on Thursday, July 17th. Susquehanna increased their target price on shares of Aercap from $130.00 to $134.00 and gave the stock a "positive" rating in a research note on Wednesday, August 13th. 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 note on Thursday, July 10th. Finally, JPMorgan Chase & Co. increased their price target on shares of Aercap from $112.00 to $114.00 and gave the stock an "overweight" rating in a report on Thursday, May 1st. Six investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $122.57.

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.