O Keefe Stevens Advisory Inc. Purchases 13,249 Shares of AerCap Holdings (NYSE:AER)

O Keefe Stevens Advisory Inc. lifted its holdings in AerCap Holdings (NYSE:AER - Free Report) by 14.2% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 106,703 shares of the financial services provider's stock after buying an additional 13,249 shares during the quarter. AerCap accounts for 3.6% of O Keefe Stevens Advisory Inc.'s portfolio, making the stock its 10th biggest holding. O Keefe Stevens Advisory Inc. owned 0.06% of AerCap worth $10,902,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of AER. Fiduciary Alliance LLC grew its stake in shares of AerCap by 10.7% during the 1st quarter. Fiduciary Alliance LLC now owns 23,217 shares of the financial services provider's stock worth $2,372,000 after purchasing an additional 2,247 shares during the period. 180 Wealth Advisors LLC lifted its position in shares of AerCap by 30.9% during the 1st quarter. 180 Wealth Advisors LLC now owns 14,691 shares of the financial services provider's stock valued at $1,501,000 after acquiring an additional 3,472 shares during the period. Rhumbline Advisers raised its holdings in AerCap by 10.0% during the first quarter. Rhumbline Advisers now owns 56,486 shares of the financial services provider's stock worth $5,771,000 after purchasing an additional 5,137 shares during the last quarter. GAMMA Investing LLC raised its holdings in AerCap by 10,117.0% during the first quarter. GAMMA Investing LLC now owns 25,236 shares of the financial services provider's stock worth $2,578,000 after purchasing an additional 24,989 shares during the last quarter. Finally, Versant Capital Management Inc raised its holdings in AerCap by 14,194.1% during the first quarter. Versant Capital Management Inc now owns 2,430 shares of the financial services provider's stock worth $248,000 after purchasing an additional 2,413 shares during the last quarter. Institutional investors and hedge funds own 96.42% of the company's stock.

AerCap Price Performance

Shares of AER traded up $1.11 during trading hours on Thursday, hitting $115.76. 392,757 shares of the company were exchanged, compared to its average volume of 1,572,152. The company has a market capitalization of $21.62 billion, a PE ratio of 9.17, a PEG ratio of 2.22 and a beta of 1.41. The firm has a fifty day simple moving average of $104.59 and a 200-day simple moving average of $100.26. The company has a debt-to-equity ratio of 2.89, a current ratio of 0.67 and a quick ratio of 0.67. AerCap Holdings has a one year low of $82.21 and a one year high of $116.28.

AerCap (NYSE:AER - Get Free Report) last announced its quarterly earnings data on Wednesday, April 30th. The financial services provider reported $3.68 EPS for the quarter, topping analysts' consensus estimates of $2.69 by $0.99. AerCap had a return on equity of 13.98% and a net margin of 32.38%. The firm had revenue of $2.08 billion during the quarter, compared to analyst estimates of $2.01 billion. During the same period last year, the company posted $3.29 EPS. The business's quarterly revenue was up 2.9% compared to the same quarter last year. As a group, sell-side analysts predict that AerCap Holdings will post 11.29 earnings per share for the current year.

AerCap Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 5th. Stockholders of record on Wednesday, May 14th will be paid a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a dividend yield of 0.93%. The ex-dividend date is Wednesday, May 14th. AerCap's dividend payout ratio (DPR) is presently 9.58%.

AerCap declared that its Board of Directors has approved a stock buyback program on Wednesday, February 26th that allows the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization allows the financial services provider to repurchase up to 4.9% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company's leadership believes its stock is undervalued.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the company. UBS Group cut AerCap to an "underperform" rating in a report on Friday, March 7th. Susquehanna boosted their price target on AerCap from $120.00 to $130.00 and gave the company a "positive" rating in a research report on Tuesday, May 13th. Barclays reissued an "overweight" rating and set a $115.00 price target (up previously from $113.00) on shares of AerCap in a research report on Thursday, February 27th. Morgan Stanley boosted their price target on AerCap from $101.00 to $111.00 and gave the company an "equal weight" rating in a research report on Thursday, May 1st. Finally, JPMorgan Chase & Co. upped their target price on AerCap from $112.00 to $114.00 and gave the stock an "overweight" rating in a research report on Thursday, May 1st. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and seven have given a buy rating to the company's stock. Based on data from MarketBeat, the stock presently 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.