UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $249.60 Million Stake in AerCap Holdings (NYSE:AER)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in AerCap Holdings (NYSE:AER - Free Report) by 22.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 2,608,099 shares of the financial services provider's stock after acquiring an additional 485,999 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 1.32% of AerCap worth $249,595,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Toth Financial Advisory Corp acquired a new position in AerCap during the fourth quarter worth approximately $29,000. Pinpoint Asset Management Ltd acquired a new position in shares of AerCap in the fourth quarter valued at approximately $35,000. Blue Trust Inc. grew its position in shares of AerCap by 51.7% in the fourth quarter. Blue Trust Inc. now owns 1,388 shares of the financial services provider's stock valued at $131,000 after purchasing an additional 473 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of AerCap by 110.7% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,740 shares of the financial services provider's stock valued at $167,000 after purchasing an additional 914 shares during the last quarter. Finally, CoreCap Advisors LLC grew its position in shares of AerCap by 104.3% in the fourth quarter. CoreCap Advisors LLC now owns 1,949 shares of the financial services provider's stock valued at $187,000 after purchasing an additional 995 shares during the last quarter. Institutional investors and hedge funds own 96.42% of the company's stock.

Analyst Ratings Changes

Several research firms have recently commented on AER. Barclays reaffirmed an "overweight" rating and issued a $115.00 target price (up previously from $113.00) on shares of AerCap in a research report on Thursday, February 27th. UBS Group downgraded AerCap to an "underperform" rating in a research report on Friday, March 7th. Bank of America upped their target price on AerCap from $105.00 to $125.00 and gave the company a "buy" rating in a research report on Friday, March 7th. JPMorgan Chase & Co. upped their target price on AerCap from $112.00 to $114.00 and gave the company an "overweight" rating in a research report on Thursday, May 1st. Finally, Susquehanna upped their target price on AerCap from $120.00 to $130.00 and gave the company a "positive" rating in a research report on Tuesday, May 13th. 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 stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $119.25.

AerCap Trading Down 0.4%

Shares of AER stock traded down $0.46 during mid-day trading on Wednesday, hitting $113.93. The company's stock had a trading volume of 143,427 shares, compared to its average volume of 1,385,927. The company's fifty day simple moving average is $103.12 and its 200-day simple moving average is $99.48. AerCap Holdings has a 52 week low of $82.21 and a 52 week high of $114.57. The company has a debt-to-equity ratio of 2.89, a quick ratio of 0.67 and a current ratio of 0.67. The company has a market cap of $21.28 billion, a PE ratio of 9.03, a P/E/G ratio of 2.22 and a beta of 1.41.

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

AerCap Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 5th. Investors of record on Wednesday, May 14th will be given a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a yield of 0.95%. The ex-dividend date is Wednesday, May 14th. AerCap's payout ratio is 9.58%.

AerCap declared that its board has initiated a share repurchase plan on Wednesday, February 26th that authorizes the company to buyback $1.00 billion in shares. This buyback authorization authorizes the financial services provider to buy up to 4.9% of its stock through open market purchases. Stock buyback plans are generally a sign 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.