4,652 Shares in AerCap Holdings (NYSE:AER) Bought by Merit Financial Group LLC

Merit Financial Group LLC bought a new stake in AerCap Holdings (NYSE:AER - Free Report) during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 4,652 shares of the financial services provider's stock, valued at approximately $475,000.

Several other hedge funds and other institutional investors have also made changes to their positions in AER. Yousif Capital Management LLC boosted its holdings in shares of AerCap by 3.6% in the fourth quarter. Yousif Capital Management LLC now owns 11,957 shares of the financial services provider's stock valued at $1,144,000 after acquiring an additional 410 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. raised its position in AerCap by 2.0% during the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 400,770 shares of the financial services provider's stock worth $38,354,000 after acquiring an additional 8,043 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd raised its position in AerCap by 0.6% during the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 19,192 shares of the financial services provider's stock worth $1,837,000 after acquiring an additional 115 shares during the last quarter. Rhumbline Advisers raised its position in shares of AerCap by 4.5% in the fourth quarter. Rhumbline Advisers now owns 51,349 shares of the financial services provider's stock valued at $4,914,000 after buying an additional 2,196 shares during the last quarter. Finally, Principal Securities Inc. raised its position in shares of AerCap by 3.3% in the fourth quarter. Principal Securities Inc. now owns 9,664 shares of the financial services provider's stock valued at $925,000 after buying an additional 305 shares during the last quarter. Hedge funds and other institutional investors own 96.42% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the stock. JPMorgan Chase & Co. boosted their price objective on shares of AerCap from $112.00 to $114.00 and gave the company an "overweight" rating in a research report on Thursday, May 1st. Barclays restated an "overweight" rating and issued a $115.00 target price (up from $113.00) on shares of AerCap in a report on Thursday, February 27th. Morgan Stanley boosted their target price on shares of AerCap from $101.00 to $111.00 and gave the company an "equal weight" rating in a report on Thursday, May 1st. Susquehanna boosted their target price on shares of AerCap from $120.00 to $130.00 and gave the company a "positive" rating in a report on Tuesday, May 13th. Finally, UBS Group downgraded shares of AerCap to an "underperform" rating in a report on Friday, March 7th. One analyst has rated the stock with a sell rating, one has issued a hold rating and seven have assigned a buy rating to the company. According to MarketBeat.com, AerCap presently has an average rating of "Moderate Buy" and an average price target of $119.25.

AerCap Stock Down 0.5%

Shares of NYSE AER traded down $0.56 during mid-day trading on Friday, reaching $115.69. The company had a trading volume of 1,268,077 shares, compared to its average volume of 1,379,305. The stock has a fifty day moving average of $107.34 and a two-hundred day moving average of $101.18. The company has a debt-to-equity ratio of 2.89, a quick ratio of 0.67 and a current ratio of 0.67. The company has a market capitalization of $21.61 billion, a price-to-earnings ratio of 9.17, a PEG ratio of 2.22 and a beta of 1.39. AerCap Holdings has a 12-month low of $82.21 and a 12-month high of $118.07.

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 (EPS) for the quarter, topping analysts' consensus estimates of $2.69 by $0.99. AerCap had a net margin of 32.38% and a return on equity of 13.98%. The business had revenue of $2.08 billion during the quarter, compared to analyst estimates of $2.01 billion. During the same period in the prior year, the firm earned $3.29 earnings per share. The firm's revenue was up 2.9% compared to the same quarter last year. As a group, equities research analysts expect that AerCap Holdings will post 11.29 EPS for the current year.

AerCap Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, June 5th. Shareholders of record on Wednesday, May 14th were issued 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 yield of 0.93%. AerCap's dividend payout ratio (DPR) is presently 9.58%.

AerCap announced that its Board of Directors has initiated a stock repurchase program on Wednesday, February 26th that authorizes the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization authorizes the financial services provider to buy up to 4.9% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company's management believes its stock is undervalued.

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.