Gulf International Bank UK Ltd Sells 3,455 Shares of Aercap Holdings N.V. $AER

Key Points

• Gulf International Bank UK Ltd reduced its stake in Aercap Holdings N.V. by 24.1%, now owning 10,886 shares valued at approximately $1.11 million.
• Aercap's latest quarterly earnings report showed $2.83 earnings per share, beating estimates, though revenue decreased by 3.6% year-over-year.
• The company has a consensus rating of "Moderate Buy" from analysts, with target prices ranging from $114 to $134.

Gulf International Bank UK Ltd cut its holdings in Aercap Holdings N.V. (NYSE:AER - Free Report) by 24.1% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,886 shares of the financial services provider's stock after selling 3,455 shares during the quarter. Gulf International Bank UK Ltd's holdings in Aercap were worth $1,112,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of AER. Raymond James Financial Inc. purchased a new stake in Aercap during the 4th quarter valued at about $3,284,000. Townsquare Capital LLC grew its position in Aercap by 31.5% during the 4th quarter. Townsquare Capital LLC now owns 4,745 shares of the financial services provider's stock valued at $454,000 after purchasing an additional 1,137 shares during the last quarter. Epoch Investment Partners Inc. grew its position in Aercap by 13.3% during the 4th quarter. Epoch Investment Partners Inc. now owns 11,474 shares of the financial services provider's stock valued at $1,098,000 after purchasing an additional 1,350 shares during the last quarter. First Trust Advisors LP grew its position in Aercap by 18.2% during the 4th quarter. First Trust Advisors LP now owns 5,478 shares of the financial services provider's stock valued at $524,000 after purchasing an additional 842 shares during the last quarter. Finally, MetLife Investment Management LLC grew its position in Aercap by 35.3% during the 4th quarter. MetLife Investment Management LLC now owns 22,600 shares of the financial services provider's stock valued at $2,163,000 after purchasing an additional 5,900 shares during the last quarter. 96.42% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

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

Aercap Price Performance

NYSE:AER traded down $0.0840 during trading hours on Wednesday, hitting $115.1060. 736,337 shares of the stock traded hands, compared to its average volume of 1,469,932. The company has a quick ratio of 0.44, a current ratio of 0.44 and a debt-to-equity ratio of 2.57. Aercap Holdings N.V. has a 1 year low of $85.57 and a 1 year high of $118.07. The company has a market cap of $21.50 billion, a price-to-earnings ratio of 7.15, a price-to-earnings-growth ratio of 2.29 and a beta of 1.44. The stock has a 50 day moving average price of $113.55 and a 200 day moving average price of $106.92.

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

Aercap Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 4th. Stockholders of record on Wednesday, August 13th will be given a dividend of $0.27 per share. The ex-dividend date 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 presently 6.72%.

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.