United Services Automobile Association Acquires New Position in Aercap Holdings N.V. $AER

Key Points

• United Services Automobile Association has acquired a new position in Aercap Holdings N.V., purchasing 6,748 shares valued at approximately $689,000 in the first quarter.
• Aercap reported earnings of $2.83 per share for the last quarter, exceeding expectations but showing a revenue decline of 3.6% compared to the previous year.
• Recent analyst reports resulted in upgrades to Aercap's price targets, with Barclays raising theirs from $115 to $131 and Morgan Stanley adjusting theirs from $111 to $120.

United Services Automobile Association bought a new stake in Aercap Holdings N.V. (NYSE:AER - Free Report) during the first quarter, according to the company in its most recent disclosure with the SEC. The firm bought 6,748 shares of the financial services provider's stock, valued at approximately $689,000.

Several other institutional investors have also recently bought and sold shares of AER. Ameriflex Group Inc. acquired a new stake in shares of Aercap in the 4th quarter valued at approximately $27,000. Mather Group LLC. lifted its stake in Aercap by 230.1% in the 1st quarter. Mather Group LLC. now owns 307 shares of the financial services provider's stock valued at $31,000 after purchasing an additional 214 shares during the last quarter. Quarry LP acquired a new stake in Aercap in the first quarter valued at approximately $37,000. Summit Securities Group LLC bought a new stake in Aercap during the 1st quarter worth $64,000. Finally, Blue Trust Inc. grew its position in Aercap by 42.2% during the 1st quarter. Blue Trust Inc. now owns 1,318 shares of the financial services provider's stock worth $135,000 after acquiring an additional 391 shares during the last quarter. Institutional investors and hedge funds own 96.42% of the company's stock.

Aercap Trading Down 1.6%

Shares of AER traded down $1.93 during mid-day trading on Friday, reaching $122.21. The company's stock had a trading volume of 1,073,890 shares, compared to its average volume of 1,922,212. Aercap Holdings N.V. has a 52 week low of $85.57 and a 52 week high of $125.45. The company has a current ratio of 0.44, a quick ratio of 0.44 and a debt-to-equity ratio of 2.57. The company's fifty day moving average price is $115.86 and its two-hundred day moving average price is $109.66. The stock has a market cap of $22.83 billion, a PE ratio of 7.60, a P/E/G ratio of 2.49 and a beta of 1.46.

Aercap (NYSE:AER - Get Free Report) last announced 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. Aercap had a net margin of 36.93% and a return on equity of 13.13%. The business had revenue of $1.89 billion for the quarter, compared to analyst estimates of $2.03 billion. During the same quarter last year, the firm earned $3.01 EPS. The company's revenue was down 3.6% on a year-over-year basis. Aercap has set its FY 2025 guidance at 11.600-11.600 EPS. On average, analysts predict that Aercap Holdings N.V. will post 11.29 earnings per share for the current fiscal year.

Aercap Announces Dividend

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

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on AER. Barclays increased their target price on shares of Aercap from $115.00 to $131.00 and gave the company an "overweight" rating in a research report on Thursday, July 10th. 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. Finally, Susquehanna upped their target price on 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 company presently has a consensus rating of "Moderate Buy" and an average price target of $122.57.

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.