SVB Wealth LLC Sells 2,243 Shares of Aercap Holdings N.V. $AER

Key Points

• SVB Wealth LLC reduced its stake in Aercap Holdings N.V. by 54.9%, selling 2,243 shares during the first quarter, leaving it with 1,841 shares worth approximately $188,000.
• Aercap reported earnings of $2.83 per share for its last quarter, exceeding estimates, although its revenue of $1.89 billion fell short of expectations.
• The company recently announced a quarterly dividend of $0.27 per share, representing an annual yield of 0.9%.

SVB Wealth LLC lowered its stake in shares of Aercap Holdings N.V. (NYSE:AER - Free Report) by 54.9% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,841 shares of the financial services provider's stock after selling 2,243 shares during the quarter. SVB Wealth LLC's holdings in Aercap were worth $188,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Ameriflex Group Inc. bought a new stake in Aercap in the 4th quarter valued at $27,000. Mather Group LLC. increased its holdings in Aercap by 230.1% in the 1st quarter. Mather Group LLC. now owns 307 shares of the financial services provider's stock valued at $31,000 after buying an additional 214 shares during the period. Summit Securities Group LLC bought a new stake in Aercap in the 1st quarter valued at $64,000. Blue Trust Inc. increased its holdings in Aercap by 42.2% in the 1st quarter. Blue Trust Inc. now owns 1,318 shares of the financial services provider's stock valued at $135,000 after buying an additional 391 shares during the period. Finally, Covestor Ltd increased its holdings in Aercap by 9.6% in the 1st quarter. Covestor Ltd now owns 1,422 shares of the financial services provider's stock valued at $145,000 after buying an additional 125 shares during the period. Institutional investors own 96.42% of the company's stock.

Aercap Stock Up 1.2%

Shares of NYSE AER opened at $119.5050 on Monday. The firm's 50-day simple moving average is $113.63 and its 200 day simple moving average is $107.45. The company has a market cap of $22.32 billion, a price-to-earnings ratio of 7.43, a price-to-earnings-growth ratio of 2.39 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. Aercap Holdings N.V. has a 12-month low of $85.57 and a 12-month high of $120.48.

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

Aercap Dividend Announcement

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

Analyst Upgrades and Downgrades

AER has been the topic of several recent analyst reports. Barclays boosted their target price on shares of Aercap from $115.00 to $131.00 and gave the company an "overweight" rating in a research note on Thursday, July 10th. 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 research note on Thursday, July 17th. JPMorgan Chase & Co. boosted their target price on shares of Aercap from $112.00 to $114.00 and gave the company an "overweight" rating in a research note on Thursday, May 1st. Finally, Susquehanna boosted their target price 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. 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 company's stock. Based on data from MarketBeat.com, Aercap presently has a consensus rating of "Moderate Buy" and an average target price of $122.57.

Aercap 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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