Two Sigma Investments LP Sells 113,094 Shares of AerCap Holdings (NYSE:AER)

Two Sigma Investments LP decreased its stake in AerCap Holdings (NYSE:AER - Free Report) by 49.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 117,469 shares of the financial services provider's stock after selling 113,094 shares during the period. Two Sigma Investments LP owned about 0.06% of AerCap worth $11,242,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Toth Financial Advisory Corp bought a new position in shares of AerCap in the 4th quarter worth $29,000. Pinpoint Asset Management Ltd bought a new position in shares of AerCap in the 4th quarter worth $35,000. Blue Trust Inc. increased its holdings in shares of AerCap by 51.7% in the 4th quarter. Blue Trust Inc. now owns 1,388 shares of the financial services provider's stock worth $131,000 after buying an additional 473 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of AerCap by 110.7% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,740 shares of the financial services provider's stock worth $167,000 after buying an additional 914 shares during the last quarter. Finally, CoreCap Advisors LLC increased its holdings in shares of AerCap by 104.3% in the 4th quarter. CoreCap Advisors LLC now owns 1,949 shares of the financial services provider's stock worth $187,000 after buying an additional 995 shares during the last quarter. Institutional investors own 96.42% of the company's stock.

Analyst Ratings Changes

Several equities analysts recently commented on AER shares. Bank of America increased their target price on shares of AerCap from $105.00 to $125.00 and gave the company a "buy" rating in a report on Friday, March 7th. Barclays reissued an "overweight" rating and set a $115.00 price target (up previously from $113.00) on shares of AerCap in a research report on Thursday, February 27th. Morgan Stanley increased their price target on shares of AerCap from $101.00 to $111.00 and gave the company an "equal weight" rating in a research report on Thursday, May 1st. UBS Group cut shares of AerCap to an "underperform" rating in a research report on Friday, March 7th. Finally, JPMorgan Chase & Co. increased their price target on shares of AerCap from $112.00 to $114.00 and gave the company an "overweight" rating in a research report on Thursday, May 1st. One research analyst has rated the stock with a sell rating, one has issued a hold rating and seven have given a buy rating to the company's stock. According to MarketBeat, AerCap currently has a consensus rating of "Moderate Buy" and a consensus price target of $119.25.

AerCap Trading Up 0.9%

Shares of NYSE:AER traded up $1.02 on Thursday, hitting $114.58. The company had a trading volume of 172,381 shares, compared to its average volume of 1,384,172. AerCap Holdings has a 1 year low of $82.21 and a 1 year high of $114.65. The firm has a market capitalization of $21.40 billion, a price-to-earnings ratio of 9.08, a P/E/G ratio of 2.22 and a beta of 1.41. The firm's 50-day simple moving average is $103.35 and its two-hundred day simple moving average is $99.58. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 2.89.

AerCap (NYSE:AER - Get Free Report) last issued 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. AerCap had a net margin of 32.38% and a return on equity of 13.98%. The company had revenue of $2.08 billion during the quarter, compared to analysts' expectations of $2.01 billion. During the same period last year, the company posted $3.29 EPS. AerCap's revenue was up 2.9% on a year-over-year basis. Equities analysts anticipate that AerCap Holdings will post 11.29 earnings per share for the current fiscal year.

AerCap Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 5th. Shareholders of record on Wednesday, May 14th will be paid a dividend of $0.27 per share. The ex-dividend date is Wednesday, May 14th. This represents a $1.08 dividend on an annualized basis and a yield of 0.94%. AerCap's dividend payout ratio is currently 9.58%.

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

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.