4,010 Shares in Aercap Holdings N.V. (NYSE:AER) Bought by R Squared Ltd

Key Points

• R Squared Ltd acquired a new stake in Aercap Holdings N.V. by purchasing 4,010 shares, valued at approximately $410,000, during the 1st quarter.
• Multiple hedge funds notably increased their stakes in Aercap, indicating strong institutional interest, with 96.42% of the stock owned by hedge funds and institutional investors.
• Aercap recently declared a quarterly dividend of $0.27 per share, representing an annualized yield of 1.0%, with a payout ratio of 6.72%.

R Squared Ltd bought a new position in Aercap Holdings N.V. (NYSE:AER - Free Report) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 4,010 shares of the financial services provider's stock, valued at approximately $410,000.

A number of other large investors have also recently made changes to their positions in the stock. Mather Group LLC. increased its holdings in shares of Aercap by 230.1% during the first quarter. Mather Group LLC. now owns 307 shares of the financial services provider's stock valued at $31,000 after acquiring an additional 214 shares in the last quarter. Bank of New York Mellon Corp grew its position in shares of Aercap by 1.4% in the first quarter. Bank of New York Mellon Corp now owns 452,376 shares of the financial services provider's stock valued at $46,219,000 after purchasing an additional 6,073 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. grew its position in Aercap by 9.8% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 10,996 shares of the financial services provider's stock worth $1,123,000 after acquiring an additional 978 shares during the period. O Shaughnessy Asset Management LLC boosted 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 purchasing an additional 1,900 shares during the period. Finally, Bessemer Group Inc. raised its position in Aercap by 473.2% in the first quarter. Bessemer Group Inc. now owns 1,473 shares of the financial services provider's stock valued at $150,000 after purchasing an additional 1,216 shares during the period. 96.42% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

AER has been the subject of a number of analyst reports. Barclays boosted their target price on shares of Aercap from $115.00 to $131.00 and gave the stock an "overweight" rating in a research note on Thursday, July 10th. JPMorgan Chase & Co. raised their price target on shares of Aercap from $112.00 to $114.00 and gave the company an "overweight" rating in a report on Thursday, May 1st. Susquehanna increased their target price on 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 increased their price objective on Aercap from $111.00 to $120.00 and gave the company an "equal weight" rating in a research report on Thursday, July 17th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and six have assigned a buy rating to the stock. According to MarketBeat.com, Aercap presently has a consensus rating of "Moderate Buy" and a consensus price target of $122.00.

Aercap Stock Performance

AER traded up $1.00 during trading hours on Monday, hitting $109.37. The stock had a trading volume of 1,852,652 shares, compared to its average volume of 1,322,437. Aercap Holdings N.V. has a 1 year low of $82.21 and a 1 year high of $118.07. The stock has a market cap of $20.43 billion, a PE ratio of 6.80, a price-to-earnings-growth ratio of 2.17 and a beta of 1.44. 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 company's fifty day simple moving average is $114.31 and its 200 day simple moving average is $105.74.

Aercap (NYSE:AER - Get Free Report) last announced its quarterly earnings data 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. The firm had revenue of $1.89 billion for the quarter, compared to analyst estimates 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 in the prior year, the company earned $3.01 EPS. Equities analysts anticipate that Aercap Holdings N.V. will post 11.29 earnings per share for the current year.

Aercap Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 4th. Investors of record on Wednesday, August 13th will be paid a $0.27 dividend. This represents a $1.08 annualized dividend and a dividend yield of 1.0%. The ex-dividend date is Wednesday, August 13th. Aercap's dividend payout ratio (DPR) is presently 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.