Quantbot Technologies LP Buys Shares of 15,660 Aercap Holdings N.V. $AER

Key Points

• Quantbot Technologies LP acquired a new stake in Aercap Holdings N.V. (NYSE:AER) with a purchase of 15,660 shares valued at approximately $1.6 million in the first quarter.
• Several institutional investors, including JPMorgan Chase & Co. and UBS Asset Management, significantly increased their stakes in Aercap during the fourth quarter, indicating growing confidence in the firm.
• Aercap reported an EPS of $2.83 for the last quarter, surpassing estimates, while also announcing a dividend of $0.27 per share to be paid on September 4th, reflecting a 0.9% dividend yield.

Quantbot Technologies LP purchased a new position in shares of Aercap Holdings N.V. (NYSE:AER - Free Report) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 15,660 shares of the financial services provider's stock, valued at approximately $1,600,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in AER. Ameriflex Group Inc. purchased a new stake in Aercap during the 4th quarter worth $27,000. Mather Group LLC. increased its stake in Aercap by 230.1% during the 1st quarter. Mather Group LLC. now owns 307 shares of the financial services provider's stock worth $31,000 after buying an additional 214 shares during the period. Summit Securities Group LLC purchased a new stake in Aercap during the 1st quarter worth $64,000. Blue Trust Inc. increased its stake in Aercap by 42.2% during the 1st quarter. Blue Trust Inc. now owns 1,318 shares of the financial services provider's stock worth $135,000 after buying an additional 391 shares during the period. Finally, Covestor Ltd increased its stake in Aercap by 9.6% during the 1st quarter. Covestor Ltd now owns 1,422 shares of the financial services provider's stock worth $145,000 after buying an additional 125 shares during the period. Hedge funds and other institutional investors own 96.42% of the company's stock.

Aercap Stock Performance

Shares of NYSE AER traded up $0.71 during midday trading on Thursday, hitting $123.64. The company's stock had a trading volume of 654,080 shares, compared to its average volume of 1,500,577. Aercap Holdings N.V. has a 1-year low of $85.57 and a 1-year high of $123.79. The firm's fifty day moving average price is $114.06 and its 200-day moving average price is $107.83. The company has a debt-to-equity ratio of 2.57, a quick ratio of 0.44 and a current ratio of 0.44. The firm has a market cap of $23.09 billion, a P/E ratio of 7.68, a P/E/G ratio of 2.48 and a beta of 1.44.

Aercap (NYSE:AER - Get Free Report) last posted its quarterly earnings results on Wednesday, July 30th. The financial services provider reported $2.83 EPS for the quarter, beating the consensus estimate of $2.75 by $0.08. Aercap had a net margin of 36.93% and a return on equity of 13.13%. The business had revenue of $1.89 billion during the quarter, compared to analyst estimates of $2.03 billion. During the same period in the previous year, the business posted $3.01 EPS. The company's quarterly revenue was down 3.6% on a year-over-year basis. Aercap has set its FY 2025 guidance at 11.600-11.600 EPS. On average, sell-side analysts forecast that Aercap Holdings N.V. will post 11.29 EPS for the current fiscal year.

Aercap Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 4th. Shareholders of record on Wednesday, August 13th will be paid a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend is Wednesday, August 13th. Aercap's payout ratio is presently 6.72%.

Wall Street Analyst Weigh In

Several brokerages have weighed in on AER. Barclays raised their price objective on shares of Aercap from $115.00 to $131.00 and gave the stock an "overweight" rating in a report on Thursday, July 10th. JPMorgan Chase & Co. raised their price objective on shares of Aercap from $112.00 to $114.00 and gave the stock an "overweight" rating in a report on Thursday, May 1st. Susquehanna raised their price objective on shares of Aercap from $130.00 to $134.00 and gave the stock a "positive" rating in a report on Wednesday, August 13th. Finally, Morgan Stanley raised their price objective on shares of Aercap from $111.00 to $120.00 and gave the stock an "equal weight" rating in a report on Thursday, July 17th. Six research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $122.57.

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.