Quantinno Capital Management LP Acquires 8,624 Shares of AerCap Holdings (NYSE:AER)

Quantinno Capital Management LP lifted its stake in shares of AerCap Holdings (NYSE:AER - Free Report) by 25.6% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 42,361 shares of the financial services provider's stock after buying an additional 8,624 shares during the quarter. Quantinno Capital Management LP's holdings in AerCap were worth $4,054,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently modified their holdings of the company. Bank of New York Mellon Corp grew its position in shares of AerCap by 1.0% during the 4th quarter. Bank of New York Mellon Corp now owns 446,303 shares of the financial services provider's stock worth $42,711,000 after buying an additional 4,222 shares during the period. O Shaughnessy Asset Management LLC grew its position in shares of AerCap by 11.3% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 18,664 shares of the financial services provider's stock worth $1,786,000 after buying an additional 1,900 shares during the period. Barclays PLC grew its position in shares of AerCap by 95.5% during the 3rd quarter. Barclays PLC now owns 91,707 shares of the financial services provider's stock worth $8,687,000 after buying an additional 44,797 shares during the period. Lyrical Asset Management LP grew its position in shares of AerCap by 1.3% during the 4th quarter. Lyrical Asset Management LP now owns 3,097,840 shares of the financial services provider's stock worth $296,463,000 after buying an additional 38,264 shares during the period. Finally, Transform Wealth LLC grew its position in shares of AerCap by 13.0% during the 4th quarter. Transform Wealth LLC now owns 127,208 shares of the financial services provider's stock worth $12,174,000 after buying an additional 14,619 shares during the period. Institutional investors and hedge funds own 96.42% of the company's stock.

AerCap Stock Up 0.5%

NYSE:AER traded up $0.51 during trading hours on Friday, hitting $112.60. 1,119,896 shares of the company traded hands, compared to its average volume of 1,391,980. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 2.89. The firm's 50-day simple moving average is $102.77 and its 200-day simple moving average is $99.27. AerCap Holdings has a one year low of $82.21 and a one year high of $114.42. The company has a market cap of $21.03 billion, a PE ratio of 8.92, a PEG ratio of 2.22 and a beta of 1.41.

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 for the quarter, beating the consensus estimate of $2.69 by $0.99. AerCap had a return on equity of 13.98% and a net margin of 32.38%. The business had revenue of $2.08 billion for the quarter, compared to analysts' expectations of $2.01 billion. During the same period last year, the business earned $3.29 EPS. The business's revenue was up 2.9% on a year-over-year basis. Equities analysts predict that AerCap Holdings will post 11.29 earnings per share for the current year.

AerCap declared that its Board of Directors has authorized a stock repurchase plan on Wednesday, February 26th that authorizes the company to buyback $1.00 billion in outstanding shares. This buyback authorization authorizes the financial services provider to repurchase up to 4.9% of its stock through open market purchases. Stock buyback plans are generally an indication that the company's management believes its shares are undervalued.

AerCap Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 5th. Shareholders of record on Wednesday, May 14th will be paid a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a yield of 0.96%. The ex-dividend date is Wednesday, May 14th. AerCap's dividend payout ratio (DPR) is presently 9.58%.

Analyst Ratings Changes

A number of brokerages recently issued reports on AER. Barclays reiterated 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. Susquehanna increased their target price on AerCap from $120.00 to $130.00 and gave the stock a "positive" rating in a report on Tuesday, May 13th. Bank of America increased their target price on AerCap from $105.00 to $125.00 and gave the stock a "buy" rating in a report on Friday, March 7th. Morgan Stanley increased their target price on AerCap from $101.00 to $111.00 and gave the stock an "equal weight" rating in a report on Thursday, May 1st. Finally, UBS Group cut AerCap to an "underperform" rating in a report on Friday, March 7th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and seven have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price 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.