Transform Wealth LLC Grows Stock Position in AerCap Holdings (NYSE:AER)

Transform Wealth LLC lifted its stake in AerCap Holdings (NYSE:AER - Free Report) by 15.4% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 146,854 shares of the financial services provider's stock after purchasing an additional 19,646 shares during the quarter. Transform Wealth LLC owned about 0.08% of AerCap worth $15,043,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. 59 North Capital Management LP grew its stake in shares of AerCap by 17.0% during the 4th quarter. 59 North Capital Management LP now owns 3,704,914 shares of the financial services provider's stock worth $354,560,000 after purchasing an additional 538,703 shares during the period. Lyrical Asset Management LP grew its stake in shares of AerCap by 1.3% during the 4th quarter. Lyrical Asset Management LP now owns 3,097,840 shares of the financial services provider's stock worth $296,463,000 after purchasing an additional 38,264 shares during the period. Cooke & Bieler LP grew its stake in shares of AerCap by 3.0% during the 4th quarter. Cooke & Bieler LP now owns 2,934,185 shares of the financial services provider's stock worth $280,802,000 after purchasing an additional 86,548 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in AerCap by 22.9% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,608,099 shares of the financial services provider's stock valued at $249,595,000 after acquiring an additional 485,999 shares during the period. Finally, Norges Bank acquired a new stake in AerCap in the 4th quarter valued at $218,517,000. 96.42% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

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

AerCap Stock Down 0.5%

Shares of AerCap stock traded down $0.56 on Friday, reaching $115.69. 1,268,077 shares of the company were exchanged, compared to its average volume of 1,379,305. The stock's 50 day moving average price is $107.34 and its 200-day moving average price is $101.18. The company has a debt-to-equity ratio of 2.89, a current ratio of 0.67 and a quick ratio of 0.67. The company has a market cap of $21.61 billion, a P/E ratio of 9.17, a price-to-earnings-growth ratio of 2.22 and a beta of 1.39. AerCap Holdings has a 1-year low of $82.21 and a 1-year high of $118.07.

AerCap (NYSE:AER - Get Free Report) last announced its quarterly earnings results on Wednesday, April 30th. The financial services provider reported $3.68 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.69 by $0.99. The firm had revenue of $2.08 billion during the quarter, compared to the consensus estimate of $2.01 billion. AerCap had a return on equity of 13.98% and a net margin of 32.38%. The firm's quarterly revenue was up 2.9% compared to the same quarter last year. During the same period in the prior year, the company posted $3.29 earnings per share. As a group, equities analysts forecast that AerCap Holdings will post 11.29 EPS for the current year.

AerCap Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 5th. Stockholders of record on Wednesday, May 14th were issued a $0.27 dividend. 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 payout ratio is currently 9.58%.

AerCap announced that its board has authorized a stock buyback plan on Wednesday, February 26th that permits the company to repurchase $1.00 billion in shares. This repurchase authorization permits the financial services provider to purchase up to 4.9% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company's management believes its shares are 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.