Raiffeisen Bank International AG Takes Position in AerCap Holdings (NYSE:AER)

Raiffeisen Bank International AG acquired a new position in AerCap Holdings (NYSE:AER - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 4,342 shares of the financial services provider's stock, valued at approximately $415,000.

Several other institutional investors have also recently made changes to their positions in AER. Toth Financial Advisory Corp purchased a new stake in AerCap in the 4th quarter worth approximately $29,000. Pinpoint Asset Management Ltd bought a new position in shares of AerCap in the fourth quarter worth approximately $35,000. Blue Trust Inc. increased its stake in shares of AerCap by 51.7% in the fourth quarter. Blue Trust Inc. now owns 1,388 shares of the financial services provider's stock worth $131,000 after purchasing an additional 473 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of AerCap by 110.7% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,740 shares of the financial services provider's stock worth $167,000 after purchasing an additional 914 shares in the last quarter. Finally, CoreCap Advisors LLC raised its position in shares of AerCap by 104.3% during the 4th quarter. CoreCap Advisors LLC now owns 1,949 shares of the financial services provider's stock valued at $187,000 after purchasing an additional 995 shares during the period. Institutional investors own 96.42% of the company's stock.

AerCap Price Performance

AerCap stock traded up $0.11 during midday trading on Friday, reaching $112.20. 239,261 shares of the stock traded hands, compared to its average volume of 1,585,953. The stock has a market cap of $20.96 billion, a P/E ratio of 8.89, a PEG ratio of 2.22 and a beta of 1.41. The stock's fifty day moving average is $102.58 and its 200-day moving average is $99.15. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 2.89. AerCap Holdings has a 12 month low of $82.21 and a 12 month high of $114.42.

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. The business had revenue of $2.08 billion for the quarter, compared to analysts' expectations of $2.01 billion. AerCap had a return on equity of 13.98% and a net margin of 32.38%. The company's revenue for the quarter was up 2.9% on a year-over-year basis. During the same period in the prior year, the firm earned $3.29 EPS. As a group, equities research analysts anticipate that AerCap Holdings will post 11.29 EPS for the current year.

AerCap Dividend Announcement

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

AerCap announced that its board has authorized a share repurchase program on Wednesday, February 26th that allows the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization allows the financial services provider to repurchase up to 4.9% of its stock through open market purchases. Stock repurchase programs are generally an indication that the company's leadership believes its stock is undervalued.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the company. UBS Group lowered AerCap to an "underperform" rating in a research note on Friday, March 7th. Barclays reaffirmed an "overweight" rating and issued a $115.00 price objective (up previously from $113.00) on shares of AerCap in a research note on Thursday, February 27th. Susquehanna lifted their target price on AerCap from $120.00 to $130.00 and gave the company a "positive" rating in a research note on Tuesday, May 13th. Morgan Stanley boosted their price target on AerCap from $101.00 to $111.00 and gave the stock an "equal weight" rating in a report on Thursday, May 1st. Finally, Bank of America increased their price objective on shares of AerCap from $105.00 to $125.00 and gave the company a "buy" rating in a report on Friday, March 7th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $119.25.

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.