Aercap Holdings N.V. (NYSE:AER) Shares Sold by Oppenheimer Asset Management Inc.

Oppenheimer Asset Management Inc. lowered its position in Aercap Holdings N.V. (NYSE:AER - Free Report) by 26.6% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 24,208 shares of the financial services provider's stock after selling 8,779 shares during the period. Oppenheimer Asset Management Inc.'s holdings in Aercap were worth $2,473,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in the business. Ameriflex Group Inc. acquired a new position in Aercap during the fourth quarter worth $27,000. Pinpoint Asset Management Ltd purchased a new position in shares of Aercap in the 4th quarter valued at about $35,000. Blue Trust Inc. lifted its stake in shares of Aercap by 42.2% in the first quarter. Blue Trust Inc. now owns 1,318 shares of the financial services provider's stock valued at $135,000 after purchasing an additional 391 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Aercap by 110.7% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,740 shares of the financial services provider's stock worth $167,000 after buying an additional 914 shares in the last quarter. Finally, CoreCap Advisors LLC grew its position in Aercap by 104.3% during the fourth 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. Hedge funds and other institutional investors own 96.42% of the company's stock.

Analyst Ratings Changes

AER has been the topic of a number of research reports. UBS Group cut Aercap to an "underperform" rating in a report on Friday, March 7th. JPMorgan Chase & Co. lifted their price target on Aercap from $112.00 to $114.00 and gave the stock an "overweight" rating in a research note on Thursday, May 1st. Bank of America increased their price objective on shares of Aercap from $105.00 to $125.00 and gave the company a "buy" rating in a research note on Friday, March 7th. Susquehanna lifted their target price on shares of Aercap from $120.00 to $130.00 and gave the stock a "positive" rating in a research report on Tuesday, May 13th. Finally, Morgan Stanley lifted their price objective on Aercap from $101.00 to $111.00 and gave the stock an "equal weight" rating in a research report on Thursday, May 1st. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat.com, Aercap has a consensus rating of "Moderate Buy" and an average price target of $119.25.

Aercap Trading Down 0.2%

AER stock traded down $0.28 on Monday, hitting $116.96. 1,542,749 shares of the company were exchanged, compared to its average volume of 1,354,089. Aercap Holdings N.V. has a twelve month low of $82.21 and a twelve month high of $118.07. The business's fifty day moving average is $111.99 and its two-hundred day moving average is $102.65. The stock has a market capitalization of $21.85 billion, a price-to-earnings ratio of 10.38, a price-to-earnings-growth ratio of 2.39 and a beta of 1.40. The company has a debt-to-equity ratio of 2.69, a current ratio of 0.21 and a quick ratio of 0.21.

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

Aercap Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 5th. Stockholders of record on Wednesday, May 14th were given a $0.27 dividend. This represents a $1.08 annualized dividend and a dividend yield of 0.92%. The ex-dividend date was Wednesday, May 14th. Aercap's payout ratio is currently 9.58%.

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.