AerCap Holdings (NYSE:AER) Stock Position Raised by Rhumbline Advisers

Rhumbline Advisers lifted its stake in shares of AerCap Holdings (NYSE:AER - Free Report) by 10.0% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 56,486 shares of the financial services provider's stock after purchasing an additional 5,137 shares during the quarter. Rhumbline Advisers' holdings in AerCap were worth $5,771,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Signaturefd LLC raised its position in shares of AerCap by 3.2% during the 4th quarter. Signaturefd LLC now owns 5,717 shares of the financial services provider's stock worth $547,000 after purchasing an additional 177 shares during the period. Dorsey & Whitney Trust CO LLC increased its position in AerCap by 3.8% in the 4th quarter. Dorsey & Whitney Trust CO LLC now owns 5,322 shares of the financial services provider's stock valued at $509,000 after acquiring an additional 194 shares during the period. Inspire Advisors LLC increased its position in AerCap by 3.4% in the 4th quarter. Inspire Advisors LLC now owns 6,336 shares of the financial services provider's stock valued at $606,000 after acquiring an additional 209 shares during the period. Nissay Asset Management Corp Japan ADV increased its position in AerCap by 0.9% in the 4th quarter. Nissay Asset Management Corp Japan ADV now owns 24,096 shares of the financial services provider's stock valued at $2,301,000 after acquiring an additional 209 shares during the period. Finally, Williamson Legacy Group LLC increased its position in AerCap by 2.5% in the 4th quarter. Williamson Legacy Group LLC now owns 10,674 shares of the financial services provider's stock valued at $1,022,000 after acquiring an additional 261 shares during the period. 96.42% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the company. Barclays restated an "overweight" rating and issued a $115.00 target price (up from $113.00) on shares of AerCap in a research report on Thursday, February 27th. UBS Group cut AerCap to an "underperform" rating in a research report on Friday, March 7th. Susquehanna raised their target price on AerCap from $120.00 to $130.00 and gave the company a "positive" rating in a research report on Tuesday, May 13th. JPMorgan Chase & Co. raised their target price on AerCap from $112.00 to $114.00 and gave the company an "overweight" rating in a research report on Thursday, May 1st. Finally, Bank of America raised their target price on AerCap from $105.00 to $125.00 and gave the company a "buy" rating in a research 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 given a buy rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $119.25.

AerCap Price Performance

Shares of AER stock traded up $0.02 during mid-day trading on Monday, hitting $115.86. 865,088 shares of the stock traded hands, compared to its average volume of 1,377,248. AerCap Holdings has a twelve month low of $82.21 and a twelve month high of $118.07. The firm has a market cap of $21.64 billion, a price-to-earnings ratio of 9.18, a price-to-earnings-growth ratio of 2.22 and a beta of 1.39. The company's 50-day simple moving average is $107.88 and its 200-day simple moving average is $101.31. The company has a debt-to-equity ratio of 2.89, a quick ratio of 0.67 and a current ratio of 0.67.

AerCap (NYSE:AER - Get Free Report) last issued its quarterly earnings results on Wednesday, April 30th. The financial services provider reported $3.68 earnings per share (EPS) 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 company had revenue of $2.08 billion for the quarter, compared to analysts' expectations of $2.01 billion. During the same period last year, the firm earned $3.29 EPS. The firm's revenue for the quarter was up 2.9% on a year-over-year basis. As a group, equities research analysts expect that AerCap Holdings will post 11.29 earnings per share for the current year.

AerCap Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 5th. Stockholders of record on Wednesday, May 14th were paid a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a dividend yield of 0.93%. The ex-dividend date of this dividend was Wednesday, May 14th. AerCap's dividend payout ratio is presently 9.58%.

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

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.