Perpetual Ltd Has $149.78 Million Stock Holdings in Aercap Holdings N.V. (NYSE:AER)

Perpetual Ltd decreased its position in Aercap Holdings N.V. (NYSE:AER - Free Report) by 9.8% during the 1st quarter, according to its most recent filing with the SEC. The institutional investor owned 1,465,994 shares of the financial services provider's stock after selling 160,087 shares during the period. Aercap comprises 1.8% of Perpetual Ltd's portfolio, making the stock its 15th biggest position. Perpetual Ltd owned about 0.78% of Aercap worth $149,781,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of AER. Norges Bank acquired a new position in Aercap during the fourth quarter worth $218,517,000. Alyeska Investment Group L.P. lifted its position in Aercap by 139.1% during the 4th quarter. Alyeska Investment Group L.P. now owns 1,505,799 shares of the financial services provider's stock worth $144,105,000 after buying an additional 875,950 shares in the last quarter. TOMS Capital Investment Management LP boosted its stake in shares of Aercap by 118.8% during the 4th quarter. TOMS Capital Investment Management LP now owns 1,398,000 shares of the financial services provider's stock worth $133,789,000 after buying an additional 759,000 shares during the last quarter. Millennium Management LLC grew its holdings in shares of Aercap by 190.7% in the 4th quarter. Millennium Management LLC now owns 1,074,931 shares of the financial services provider's stock valued at $102,871,000 after acquiring an additional 705,212 shares in the last quarter. Finally, Northern Trust Corp increased its position in shares of Aercap by 90.9% in the fourth quarter. Northern Trust Corp now owns 1,396,937 shares of the financial services provider's stock valued at $133,687,000 after acquiring an additional 664,990 shares during the last quarter. Institutional investors and hedge funds own 96.42% of the company's stock.

Aercap Price Performance

Shares of AER opened at $115.76 on Friday. The company's 50-day moving average is $111.14 and its 200-day moving average is $102.26. The company has a debt-to-equity ratio of 2.69, a current ratio of 0.21 and a quick ratio of 0.21. The firm has a market capitalization of $21.62 billion, a PE ratio of 10.27, a PEG ratio of 2.34 and a beta of 1.39. Aercap Holdings N.V. has a fifty-two week low of $82.21 and a fifty-two week high of $118.07.

Aercap (NYSE:AER - Get Free Report) last issued its quarterly earnings data on Wednesday, April 30th. The financial services provider reported $3.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.69 by $0.99. Aercap had a net margin of 26.53% and a return on equity of 13.84%. The firm had revenue of $2.08 billion during the quarter, compared to the consensus estimate of $2.01 billion. During the same period last year, the business posted $3.29 earnings per share. The business's revenue for the quarter was up 2.9% compared to the same quarter last year. Equities analysts forecast that Aercap Holdings N.V. will post 11.29 EPS for the current year.

Aercap Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 5th. Shareholders of record on Wednesday, May 14th were issued a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a yield of 0.93%. The ex-dividend date of this dividend was Wednesday, May 14th. Aercap's dividend payout ratio is 9.58%.

Analysts Set New Price Targets

Several research analysts recently commented on AER shares. Morgan Stanley increased 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. JPMorgan Chase & Co. increased their price objective on Aercap from $112.00 to $114.00 and gave the company an "overweight" 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 stock a "positive" rating in a report on Tuesday, May 13th. Bank of America upped their price target on shares of Aercap from $105.00 to $125.00 and gave the stock a "buy" rating in a research report on Friday, March 7th. Finally, Barclays reissued an "overweight" rating and issued a $115.00 price objective (up previously from $113.00) on shares of Aercap in a research report on Thursday, February 27th. One analyst has rated the stock with a sell rating, one has given a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $119.25.

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.

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