Aercap Holdings N.V. (NYSE:AER) Shares Sold by Greenleaf Trust

Greenleaf Trust trimmed its holdings in shares of Aercap Holdings N.V. (NYSE:AER - Free Report) by 29.9% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 6,544 shares of the financial services provider's stock after selling 2,791 shares during the quarter. Greenleaf Trust's holdings in Aercap were worth $669,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also modified their holdings of the company. M&T Bank Corp grew its holdings in shares of Aercap by 14.8% during the first quarter. M&T Bank Corp now owns 19,267 shares of the financial services provider's stock valued at $1,969,000 after purchasing an additional 2,489 shares during the last quarter. Beverly Hills Private Wealth LLC boosted its position in shares of Aercap by 24.5% during the first quarter. Beverly Hills Private Wealth LLC now owns 23,203 shares of the financial services provider's stock worth $2,371,000 after buying an additional 4,563 shares during the period. Callan Capital LLC boosted its position in shares of Aercap by 28.3% during the first quarter. Callan Capital LLC now owns 4,493 shares of the financial services provider's stock worth $459,000 after buying an additional 992 shares during the period. Concurrent Investment Advisors LLC acquired a new position in shares of Aercap during the first quarter worth approximately $432,000. Finally, Bank of New York Mellon Corp boosted its position in shares of Aercap by 1.4% during the first quarter. Bank of New York Mellon Corp now owns 452,376 shares of the financial services provider's stock worth $46,219,000 after buying an additional 6,073 shares during the period. 96.42% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the company. Barclays increased their price objective on Aercap from $115.00 to $131.00 and gave the stock an "overweight" rating in a report on Thursday, July 10th. Morgan Stanley increased 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. JPMorgan Chase & Co. raised their price target on shares of Aercap from $112.00 to $114.00 and gave the stock an "overweight" rating in a research note on Thursday, May 1st. Finally, Susquehanna lifted their target price on shares of Aercap from $120.00 to $130.00 and gave the company a "positive" rating in a research note on Tuesday, May 13th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and seven have given a buy rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $121.25.

Aercap Trading Down 0.7%

AER stock traded down $0.77 during trading on Tuesday, reaching $114.53. The company had a trading volume of 879,783 shares, compared to its average volume of 1,347,542. Aercap Holdings N.V. has a 52 week low of $82.21 and a 52 week high of $118.07. The company has a market cap of $21.39 billion, a P/E ratio of 10.16, a PEG ratio of 2.33 and a beta of 1.38. The business has a 50 day moving average of $114.12 and a 200 day moving average of $103.93. 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 posted its earnings results on Wednesday, April 30th. The financial services provider reported $3.68 earnings per share 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 for the quarter, compared to the consensus estimate of $2.01 billion. During the same period in the previous year, the firm posted $3.29 EPS. The business's quarterly revenue was up 2.9% on a year-over-year basis. As a group, sell-side analysts forecast that Aercap Holdings N.V. will post 11.29 earnings per share for the current fiscal year.

Aercap Announces Dividend

The company also recently disclosed 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 of this dividend was Wednesday, May 14th. This represents a $1.08 annualized dividend and a dividend yield of 0.94%. Aercap's dividend payout ratio (DPR) 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.