AerCap Holdings (NYSE:AER) Stock Holdings Lowered by USS Investment Management Ltd

USS Investment Management Ltd cut its holdings in AerCap Holdings (NYSE:AER - Free Report) by 27.7% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 14,340 shares of the financial services provider's stock after selling 5,500 shares during the period. USS Investment Management Ltd's holdings in AerCap were worth $1,373,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of AER. Barclays PLC boosted its holdings in shares of AerCap by 95.5% in the 3rd quarter. Barclays PLC now owns 91,707 shares of the financial services provider's stock valued at $8,687,000 after buying an additional 44,797 shares during the period. SG Americas Securities LLC boosted its stake in AerCap by 159.8% during the 4th quarter. SG Americas Securities LLC now owns 46,261 shares of the financial services provider's stock valued at $4,427,000 after purchasing an additional 28,452 shares during the period. Janney Montgomery Scott LLC boosted its stake in AerCap by 6.3% during the 4th quarter. Janney Montgomery Scott LLC now owns 449,209 shares of the financial services provider's stock valued at $42,989,000 after purchasing an additional 26,434 shares during the period. Toth Financial Advisory Corp acquired a new position in AerCap during the 4th quarter valued at about $29,000. Finally, Blue Trust Inc. boosted its stake in AerCap by 51.7% during the 4th 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 period. 96.42% of the stock is owned by institutional investors and hedge funds.

AerCap Price Performance

Shares of NYSE:AER traded up $1.46 during trading on Tuesday, reaching $114.19. The company had a trading volume of 1,102,854 shares, compared to its average volume of 1,390,823. The firm's fifty day moving average is $102.93 and its 200 day moving average is $99.38. The firm has a market capitalization of $21.33 billion, a PE ratio of 9.05, a price-to-earnings-growth ratio of 2.22 and a beta of 1.41. AerCap Holdings has a twelve month low of $82.21 and a twelve month high of $114.75. The company has a debt-to-equity ratio of 2.89, a quick ratio of 0.67 and a current ratio of 0.67.

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 for the quarter, topping analysts' consensus estimates of $2.69 by $0.99. The company had revenue of $2.08 billion during the quarter, compared to analyst estimates of $2.01 billion. AerCap had a net margin of 32.38% and a return on equity of 13.98%. The business's revenue for the quarter was up 2.9% compared to the same quarter last year. During the same period in the prior year, the business posted $3.29 EPS. On average, equities analysts forecast that AerCap Holdings will post 11.29 EPS for the current year.

AerCap announced that its board has approved a share repurchase program on Wednesday, February 26th that allows the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization allows the financial services provider to purchase up to 4.9% of its stock through open market purchases. Stock repurchase programs are often a sign that the company's board of directors believes its shares are undervalued.

AerCap Announces Dividend

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

Wall Street Analyst Weigh In

AER has been the subject of a number of analyst reports. Morgan Stanley boosted their target price on shares of AerCap from $101.00 to $111.00 and gave the company an "equal weight" rating in a research note on Thursday, May 1st. Bank of America boosted their target price on shares of AerCap from $105.00 to $125.00 and gave the company a "buy" rating in a research note on Friday, March 7th. JPMorgan Chase & Co. boosted their target price on shares of AerCap from $112.00 to $114.00 and gave the company an "overweight" rating in a research note on Thursday, May 1st. UBS Group lowered shares of AerCap to an "underperform" rating in a research note on Friday, March 7th. Finally, Barclays reissued an "overweight" rating and set a $115.00 target price (up from $113.00) on shares of AerCap in a research note on Thursday, February 27th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $119.25.

About AerCap

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.