Trexquant Investment LP Has $11.09 Million Stock Holdings in Aercap Holdings N.V. $AER

Key Points

• Trexquant Investment LP significantly increased its stake in Aercap Holdings N.V. by 252.5%, acquiring a total of 108,568 shares valued at approximately $11.1 million by the end of the reporting period.
• Aercap recently reported quarterly earnings of $2.83 per share, exceeding analysts' expectations, although revenue declined 3.6% year-over-year to $1.89 billion.
• The company announced a dividend of $0.27 per share payable on September 4, with a current dividend yield of 0.9% and a payout ratio of 6.72%.

Trexquant Investment LP raised its position in shares of Aercap Holdings N.V. (NYSE:AER - Free Report) by 252.5% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 108,568 shares of the financial services provider's stock after buying an additional 77,765 shares during the quarter. Trexquant Investment LP owned 0.06% of Aercap worth $11,092,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Ameriflex Group Inc. purchased a new stake in Aercap during the fourth quarter valued at about $27,000. Mather Group LLC. lifted its stake in Aercap by 230.1% during the first 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 in the last quarter. Summit Securities Group LLC purchased a new stake in Aercap during the first quarter valued at about $64,000. Blue Trust Inc. lifted its stake 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 buying an additional 391 shares in the last quarter. Finally, Covestor Ltd lifted its stake in Aercap by 9.6% during the first 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 in the last quarter. 96.42% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

AER has been the subject of a number of analyst reports. Morgan Stanley upped their price objective 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. Barclays increased their price target on shares of Aercap from $115.00 to $131.00 and gave the stock an "overweight" rating in a research report on Thursday, July 10th. Finally, Susquehanna increased their price target on shares of Aercap from $130.00 to $134.00 and gave the stock a "positive" rating in a research report on Wednesday, August 13th. Six investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $122.57.

Aercap Stock Down 0.2%

AER traded down $0.27 during midday trading on Wednesday, hitting $124.15. 1,388,818 shares of the company's stock traded hands, compared to its average volume of 1,520,106. The company has a market cap of $23.19 billion, a PE ratio of 7.72, a price-to-earnings-growth ratio of 2.47 and a beta of 1.46. The stock's fifty day simple moving average is $114.75 and its 200-day simple moving average is $108.60. The company has a debt-to-equity ratio of 2.57, a current ratio of 0.44 and a quick ratio of 0.44. Aercap Holdings N.V. has a one year low of $85.57 and a one year high of $125.08.

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

Aercap Announces Dividend

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

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.