Resolute Capital Asset Partners LLC Has $15.31 Million Position in Aercap Holdings N.V. $AER

Key Points

• Resolute Capital Asset Partners LLC sold 10,000 shares of Aercap Holdings N.V., reducing its stake by 6.3% to a total of 149,804 shares, representing 8.6% of its holdings.
• Aercap recently announced a quarterly dividend of $0.27, equating to an annualized $1.08 and a dividend yield of 0.9%.
• Analysts have raised their price targets for Aercap, with six giving it a "Buy" rating, reflecting a positive outlook on its stock performance.

Resolute Capital Asset Partners LLC lowered its holdings in Aercap Holdings N.V. (NYSE:AER - Free Report) by 6.3% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 149,804 shares of the financial services provider's stock after selling 10,000 shares during the period. Aercap comprises 8.6% of Resolute Capital Asset Partners LLC's holdings, making the stock its 2nd largest position. Resolute Capital Asset Partners LLC owned approximately 0.08% of Aercap worth $15,305,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the business. Ameriflex Group Inc. purchased a new position in shares of Aercap in the 4th quarter worth about $27,000. Mather Group LLC. lifted its stake in Aercap by 230.1% in the first quarter. Mather Group LLC. now owns 307 shares of the financial services provider's stock valued at $31,000 after purchasing an additional 214 shares during the last quarter. Summit Securities Group LLC purchased a new position in Aercap in the first quarter valued at approximately $64,000. Blue Trust Inc. grew its holdings in Aercap by 42.2% during the first quarter. Blue Trust Inc. now owns 1,318 shares of the financial services provider's stock valued at $135,000 after purchasing an additional 391 shares during the period. Finally, Covestor Ltd increased its position in Aercap by 9.6% in the first 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 last quarter. 96.42% of the stock is owned by hedge funds and other institutional investors.

Aercap Price Performance

Shares of Aercap stock traded down $0.66 during trading on Wednesday, hitting $123.03. The stock had a trading volume of 2,117,123 shares, compared to its average volume of 1,505,852. The company has a current ratio of 0.44, a quick ratio of 0.44 and a debt-to-equity ratio of 2.57. Aercap Holdings N.V. has a 12 month low of $85.57 and a 12 month high of $123.79. The firm has a market cap of $22.98 billion, a price-to-earnings ratio of 7.65, a P/E/G ratio of 2.41 and a beta of 1.44. The business's 50-day moving average is $113.89 and its 200 day moving average is $107.72.

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

Aercap Dividend Announcement

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

Wall Street Analysts Forecast Growth

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