USS Investment Management Ltd Has $1.37 Million Stock Position in AerCap Holdings (NYSE:AER)

USS Investment Management Ltd lowered its holdings in shares of AerCap Holdings (NYSE:AER - Free Report) by 27.7% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor 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.

Other institutional investors and hedge funds have also modified their holdings of the company. Toth Financial Advisory Corp bought a new position in shares of AerCap in the fourth quarter worth about $29,000. Pinpoint Asset Management Ltd acquired a new position in AerCap during the 4th quarter worth approximately $35,000. Blue Trust Inc. lifted its stake in AerCap by 51.7% in 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 last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in 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 valued at $167,000 after purchasing an additional 914 shares during the last quarter. Finally, CoreCap Advisors LLC boosted its position in 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 buying an additional 995 shares in the last quarter. 96.42% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of research analysts have recently commented on the company. Morgan Stanley increased their price target on AerCap from $101.00 to $111.00 and gave the company an "equal weight" rating in a research note on Thursday, May 1st. Barclays reiterated an "overweight" rating and issued a $115.00 target price (up from $113.00) on shares of AerCap in a research report on Thursday, February 27th. Bank of America boosted their price target on AerCap from $105.00 to $125.00 and gave the stock a "buy" rating in a report on Friday, March 7th. UBS Group lowered shares of AerCap to an "underperform" rating in a report on Friday, March 7th. Finally, Susquehanna boosted their target price on shares of AerCap from $120.00 to $130.00 and gave the stock a "positive" rating in a report on Tuesday, May 13th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $119.25.

AerCap Trading Down 0.7%

Shares of AER traded down $0.82 during trading hours on Wednesday, hitting $113.57. 685,721 shares of the stock were exchanged, compared to its average volume of 1,388,014. AerCap Holdings has a fifty-two week low of $82.21 and a fifty-two week high of $114.57. The business has a 50-day moving average of $103.12 and a 200-day moving average of $99.48. The firm has a market capitalization of $21.21 billion, a P/E ratio of 9.00, a price-to-earnings-growth ratio of 2.22 and a beta of 1.41. The company has a debt-to-equity ratio of 2.89, a current ratio of 0.67 and a quick 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 firm had revenue of $2.08 billion during the quarter, compared to the consensus estimate of $2.01 billion. AerCap had a return on equity of 13.98% and a net margin of 32.38%. The business's revenue was up 2.9% compared to the same quarter last year. During the same period last year, the business posted $3.29 EPS. On average, research analysts expect that AerCap Holdings will post 11.29 EPS for the current year.

AerCap Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 5th. Shareholders 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 yield of 0.95%. AerCap's payout ratio is currently 9.58%.

AerCap announced that its Board of Directors has approved a stock repurchase program 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 shares through open market purchases. Shares buyback programs are often an indication that the company's leadership believes its stock is 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.