Teacher Retirement System of Texas Has $13.92 Million Stock Holdings in Aercap Holdings N.V. (NYSE:AER)

Teacher Retirement System of Texas decreased its position in shares of Aercap Holdings N.V. (NYSE:AER - Free Report) by 66.9% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 136,210 shares of the financial services provider's stock after selling 275,452 shares during the period. Teacher Retirement System of Texas owned approximately 0.07% of Aercap worth $13,917,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Ameriflex Group Inc. bought a new position in Aercap during the 4th quarter worth $27,000. Mather Group LLC. increased its position in Aercap by 230.1% during the 1st quarter. Mather Group LLC. now owns 307 shares of the financial services provider's stock worth $31,000 after buying an additional 214 shares during the period. Pinpoint Asset Management Ltd bought a new position in Aercap during the 4th quarter worth $35,000. Blue Trust Inc. increased its position in Aercap by 42.2% during the 1st quarter. Blue Trust Inc. now owns 1,318 shares of the financial services provider's stock worth $135,000 after buying an additional 391 shares during the period. Finally, Bessemer Group Inc. increased its position in Aercap by 473.2% during the 1st quarter. Bessemer Group Inc. now owns 1,473 shares of the financial services provider's stock worth $150,000 after buying an additional 1,216 shares during the period. Institutional investors own 96.42% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on the company. Susquehanna increased their target price on Aercap from $120.00 to $130.00 and gave the stock a "positive" rating in a report on Tuesday, May 13th. JPMorgan Chase & Co. increased their target price on Aercap from $112.00 to $114.00 and gave the stock an "overweight" rating in a report on Thursday, May 1st. Finally, Morgan Stanley increased their target price on Aercap from $101.00 to $111.00 and gave the stock an "equal weight" rating in a report on Thursday, May 1st. One analyst has rated the stock with a sell rating, one has assigned a hold rating and seven have given a buy rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $119.25.

Aercap Price Performance

NYSE:AER traded down $1.23 during trading hours on Tuesday, hitting $115.18. The company's stock had a trading volume of 894,159 shares, compared to its average volume of 1,352,949. The stock has a fifty day simple moving average of $113.62 and a 200-day simple moving average of $103.47. The company has a market capitalization of $21.51 billion, a P/E ratio of 10.22, a PEG ratio of 2.37 and a beta of 1.38. The company has a debt-to-equity ratio of 2.69, a current ratio of 0.21 and a quick ratio of 0.21. Aercap Holdings N.V. has a twelve month low of $82.21 and a twelve month high of $118.07.

Aercap (NYSE:AER - Get Free Report) last released its quarterly earnings data on Wednesday, April 30th. The financial services provider reported $3.68 earnings per share for the quarter, beating the consensus estimate of $2.69 by $0.99. The business had revenue of $2.08 billion for the quarter, compared to analyst estimates of $2.01 billion. Aercap had a return on equity of 13.84% and a net margin of 26.53%. Aercap's revenue was up 2.9% compared to the same quarter last year. During the same period last year, the firm posted $3.29 earnings per share. On average, analysts anticipate that Aercap Holdings N.V. will post 11.29 EPS for the current fiscal year.

Aercap Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 5th. Investors of record on Wednesday, May 14th were paid a $0.27 dividend. This represents a $1.08 annualized dividend and a yield of 0.94%. The ex-dividend date was Wednesday, May 14th. Aercap's dividend payout ratio (DPR) is presently 9.58%.

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.