Quantitative Investment Management LLC Purchases Shares of 7,369 Aercap Holdings N.V. $AER

Key Points

• Quantitative Investment Management LLC acquired 7,369 shares of Aercap Holdings N.V. valued at approximately $752,000 in the first quarter.
• Several hedge funds, including Alyeska Investment Group L.P. and Millennium Management LLC, significantly increased their stakes in Aercap during the fourth quarter, reflecting strong institutional interest.
• Aercap's stock has a consensus rating of "Moderate Buy" with an average price target of $122.57, indicating positive sentiment among analysts despite a recent decline in revenue year-over-year.

Quantitative Investment Management LLC acquired a new position in shares of Aercap Holdings N.V. (NYSE:AER - Free Report) in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 7,369 shares of the financial services provider's stock, valued at approximately $752,000.

Several other hedge funds and other institutional investors have also made changes to their positions in AER. Alyeska Investment Group L.P. lifted its stake in Aercap by 139.1% during the fourth quarter. Alyeska Investment Group L.P. now owns 1,505,799 shares of the financial services provider's stock worth $144,105,000 after purchasing an additional 875,950 shares during the last quarter. TOMS Capital Investment Management LP raised its holdings in Aercap by 118.8% during the fourth quarter. TOMS Capital Investment Management LP now owns 1,398,000 shares of the financial services provider's stock worth $133,789,000 after purchasing an additional 759,000 shares in the last quarter. Millennium Management LLC lifted its position in shares of Aercap by 190.7% during the 4th quarter. Millennium Management LLC now owns 1,074,931 shares of the financial services provider's stock worth $102,871,000 after buying an additional 705,212 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of Aercap by 43.7% in the 1st quarter. JPMorgan Chase & Co. now owns 2,298,552 shares of the financial services provider's stock valued at $234,843,000 after buying an additional 699,520 shares in the last quarter. Finally, Northern Trust Corp boosted its holdings in shares of Aercap by 90.9% in the 4th quarter. Northern Trust Corp now owns 1,396,937 shares of the financial services provider's stock valued at $133,687,000 after buying an additional 664,990 shares in the last quarter. Institutional investors and hedge funds own 96.42% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on AER shares. Morgan Stanley lifted their price target on shares of Aercap from $111.00 to $120.00 and gave the stock an "equal weight" rating in a research note on Thursday, July 17th. JPMorgan Chase & Co. lifted 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. Barclays boosted their target price on Aercap from $115.00 to $131.00 and gave the company an "overweight" rating in a report on Thursday, July 10th. Finally, Susquehanna raised their price target on Aercap from $130.00 to $134.00 and gave the stock a "positive" rating in a research note on Wednesday, August 13th. Six analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $122.57.

Aercap Stock Performance

NYSE AER opened at $120.48 on Tuesday. The business's 50-day moving average price is $113.72 and its 200 day moving average price is $107.61. The company has a quick ratio of 0.44, a current ratio of 0.44 and a debt-to-equity ratio of 2.57. The firm has a market cap of $22.50 billion, a P/E ratio of 7.49, a P/E/G ratio of 2.39 and a beta of 1.44. Aercap Holdings N.V. has a 52-week low of $85.57 and a 52-week high of $120.55.

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

Aercap Announces Dividend

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

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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