Twin Tree Management LP Sells 6,932 Shares of Aercap Holdings N.V. $AER

Key Points

• Twin Tree Management LP significantly reduced its shareholding in Aercap Holdings N.V. by 71.9%, selling 6,932 shares and now owning only 2,704 shares, valued at approximately $316,000.
• Aercap announced a dividend of $0.27 per share, resulting in an annualized dividend yield of 0.9%, with a payout ratio of 6.72%.
• Analysts maintain a consensus rating of "Moderate Buy" for Aercap, with seven analysts recommending buying the stock and an average price target of $122.57.

Twin Tree Management LP lessened its stake in shares of Aercap Holdings N.V. (NYSE:AER - Free Report) by 71.9% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,704 shares of the financial services provider's stock after selling 6,932 shares during the period. Twin Tree Management LP's holdings in Aercap were worth $316,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in AER. 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 valued at $31,000 after buying an additional 214 shares in the last quarter. Quarry LP bought a new stake in shares of Aercap in the 1st quarter worth $37,000. Geneos Wealth Management Inc. increased its holdings in shares of Aercap by 26.6% in the 1st quarter. Geneos Wealth Management Inc. now owns 447 shares of the financial services provider's stock worth $46,000 after purchasing an additional 94 shares in the last quarter. Summit Securities Group LLC bought a new stake in shares of Aercap in the 1st quarter worth $64,000. Finally, Blue Trust Inc. increased its holdings in shares of Aercap by 42.2% in the 1st quarter. Blue Trust Inc. now owns 1,318 shares of the financial services provider's stock worth $135,000 after purchasing an additional 391 shares in the last quarter. Institutional investors own 96.42% of the company's stock.

Analyst Ratings Changes

A number of analysts have commented on the company. Weiss Ratings reissued a "buy (b+)" rating on shares of Aercap in a report on Wednesday, October 8th. Susquehanna lifted their target price on Aercap from $130.00 to $134.00 and gave the stock a "positive" rating in a report on Wednesday, August 13th. Barclays lifted their target price on Aercap from $115.00 to $131.00 and gave the stock an "overweight" rating in a report on Thursday, July 10th. Finally, Morgan Stanley lifted their target price on Aercap from $111.00 to $120.00 and gave the stock an "equal weight" rating in a report on Thursday, July 17th. Seven analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Aercap currently has a consensus rating of "Moderate Buy" and an average price target of $122.57.

Aercap Stock Performance

AER stock opened at $120.39 on Friday. The company has a market cap of $22.49 billion, a P/E ratio of 7.49, a price-to-earnings-growth ratio of 2.41 and a beta of 1.40. Aercap Holdings N.V. has a 1 year low of $85.57 and a 1 year high of $126.27. The company has a debt-to-equity ratio of 2.57, a current ratio of 0.44 and a quick ratio of 0.44. The stock's fifty day moving average price is $120.83 and its 200-day moving average price is $113.20.

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

Aercap Announces Dividend

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

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.

Want to see what other hedge funds are holding AER? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Aercap Holdings N.V. (NYSE:AER - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.