Lbp Am Sa Acquires 46,162 Shares of Aercap Holdings N.V. (NYSE:AER)

LBP AM SA increased its position in shares of Aercap Holdings N.V. (NYSE:AER - Free Report) by 262.8% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 63,729 shares of the financial services provider's stock after buying an additional 46,162 shares during the period. LBP AM SA's holdings in Aercap were worth $6,511,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of AER. M&T Bank Corp lifted its stake in shares of Aercap by 14.8% in the 1st 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 period. Beverly Hills Private Wealth LLC grew its stake in 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 purchasing an additional 4,563 shares during the period. Callan Capital LLC lifted its stake in Aercap by 28.3% in the first quarter. Callan Capital LLC now owns 4,493 shares of the financial services provider's stock valued at $459,000 after buying an additional 992 shares during the period. Concurrent Investment Advisors LLC bought a new position in shares of Aercap during the 1st quarter worth approximately $432,000. Finally, Bank of New York Mellon Corp grew its position in shares of Aercap by 1.4% during the 1st 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. Institutional investors and hedge funds own 96.42% of the company's stock.

Analyst Ratings Changes

Several research firms have recently weighed in on AER. JPMorgan Chase & Co. lifted their price objective on shares of Aercap from $112.00 to $114.00 and gave the company an "overweight" rating in a research note on Thursday, May 1st. Morgan Stanley raised their price target on shares of Aercap from $101.00 to $111.00 and gave the stock an "equal weight" rating in a report on Thursday, May 1st. Barclays raised their price target on shares of Aercap from $115.00 to $131.00 and gave the stock an "overweight" rating in a report on Thursday. Finally, Susquehanna raised their price target on shares of Aercap from $120.00 to $130.00 and gave the stock a "positive" rating in a report on Tuesday, May 13th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and seven have issued a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $121.25.

Aercap Stock Performance

Shares of NYSE AER traded up $0.75 during midday trading on Thursday, hitting $114.80. The company's stock had a trading volume of 1,435,543 shares, compared to its average volume of 1,354,264. The stock has a fifty day moving average price of $113.78 and a 200 day moving average price of $103.55. Aercap Holdings N.V. has a one year low of $82.21 and a one year high of $118.07. The company has a current ratio of 0.21, a quick ratio of 0.21 and a debt-to-equity ratio of 2.69. The firm has a market capitalization of $21.44 billion, a price-to-earnings ratio of 10.19, a P/E/G ratio of 2.35 and a beta of 1.38.

Aercap (NYSE:AER - Get Free Report) last released its quarterly earnings results on Wednesday, April 30th. The financial services provider reported $3.68 EPS for the quarter, beating analysts' consensus estimates of $2.69 by $0.99. The firm had revenue of $2.08 billion during the quarter, compared to analyst estimates of $2.01 billion. Aercap had a net margin of 26.53% and a return on equity of 13.84%. The business's revenue for the quarter was up 2.9% on a year-over-year basis. During the same period in the previous year, the business earned $3.29 EPS. On average, research analysts forecast that Aercap Holdings N.V. will post 11.29 EPS for the current fiscal year.

Aercap Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, June 5th. Stockholders of record on Wednesday, May 14th were issued a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a dividend yield of 0.94%. The ex-dividend date was Wednesday, May 14th. Aercap's payout ratio is 9.58%.

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.