Janney Montgomery Scott LLC Buys 9,284 Shares of Aercap Holdings N.V. (NYSE:AER)

Janney Montgomery Scott LLC lifted its stake in shares of Aercap Holdings N.V. (NYSE:AER - Free Report) by 2.1% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 458,493 shares of the financial services provider's stock after acquiring an additional 9,284 shares during the quarter. Janney Montgomery Scott LLC owned about 0.25% of Aercap worth $46,844,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Ameriflex Group Inc. bought a new stake in shares of Aercap during the 4th quarter worth $27,000. Pinpoint Asset Management Ltd acquired a new position in shares of Aercap in the 4th quarter valued at $35,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Aercap by 110.7% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,740 shares of the financial services provider's stock worth $167,000 after purchasing an additional 914 shares in the last quarter. CoreCap Advisors LLC raised its holdings in Aercap by 104.3% during the 4th quarter. CoreCap Advisors LLC now owns 1,949 shares of the financial services provider's stock worth $187,000 after buying an additional 995 shares during the period. Finally, OLD National Bancorp IN purchased a new stake in Aercap during the first quarter valued at about $206,000. 96.42% of the stock is owned by institutional investors.

Aercap Stock Up 0.3%

Shares of NYSE:AER traded up $0.33 during midday trading on Friday, hitting $115.23. 1,357,631 shares of the stock were exchanged, compared to its average volume of 1,376,017. The company has a market capitalization of $21.52 billion, a PE ratio of 10.22, a P/E/G ratio of 2.34 and a beta of 1.39. Aercap Holdings N.V. has a 52-week low of $82.21 and a 52-week high of $118.07. The company has a debt-to-equity ratio of 2.69, a quick ratio of 0.21 and a current ratio of 0.21. The business's fifty day simple moving average is $109.15 and its two-hundred day simple moving average is $101.61.

Aercap (NYSE:AER - Get Free Report) last posted its quarterly 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. The company had revenue of $2.08 billion during the quarter, compared to the consensus estimate of $2.01 billion. Aercap had a return on equity of 13.84% and a net margin of 26.53%. The business's quarterly revenue was up 2.9% on a year-over-year basis. During the same period last year, the business earned $3.29 EPS. As a group, research analysts predict that Aercap Holdings N.V. will post 11.29 earnings per share for the current fiscal year.

Aercap declared that its board has authorized a share repurchase plan on Wednesday, February 26th that allows the company to buyback $1.00 billion in outstanding shares. This buyback authorization allows the financial services provider to reacquire up to 4.9% of its stock through open market purchases. Stock buyback plans are often a sign that the company's management believes its shares are undervalued.

Aercap Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 5th. Shareholders of record on Wednesday, May 14th were paid a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a yield of 0.94%. The ex-dividend date of this dividend was Wednesday, May 14th. Aercap's dividend payout ratio (DPR) is presently 9.58%.

Analyst Upgrades and Downgrades

AER has been the topic of a number of recent analyst reports. Barclays restated an "overweight" rating and set a $115.00 price target (up previously from $113.00) on shares of Aercap in a report on Thursday, February 27th. UBS Group cut Aercap to an "underperform" rating in a research report on Friday, March 7th. Bank of America lifted their price target on Aercap from $105.00 to $125.00 and gave the company a "buy" rating in a report on Friday, March 7th. Susquehanna increased their price objective on Aercap from $120.00 to $130.00 and gave the stock a "positive" rating in a research note on Tuesday, May 13th. Finally, JPMorgan Chase & Co. raised their price objective on Aercap from $112.00 to $114.00 and gave the stock an "overweight" rating in a research report on Thursday, May 1st. One investment analyst has rated the stock with a sell rating, one has given a hold rating and seven have issued a buy rating to the company's stock. According to data from MarketBeat.com, Aercap has an average rating of "Moderate Buy" and an average price target of $119.25.

Aercap 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.