Woodline Partners LP Has $12.28 Million Stake in AerCap Holdings (NYSE:AER)

Woodline Partners LP grew its holdings in AerCap Holdings (NYSE:AER - Free Report) by 23.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 128,311 shares of the financial services provider's stock after purchasing an additional 24,198 shares during the period. Woodline Partners LP owned about 0.06% of AerCap worth $12,279,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Toth Financial Advisory Corp acquired a new position in shares of AerCap in the 4th quarter valued at about $29,000. Pinpoint Asset Management Ltd acquired a new position in shares of AerCap in the 4th quarter valued at about $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 valued at $131,000 after purchasing an additional 473 shares during the period. 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 valued at $167,000 after purchasing an additional 914 shares during the period. 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 valued at $187,000 after purchasing an additional 995 shares during the period. Institutional investors and hedge funds own 96.42% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on the company. JPMorgan Chase & Co. upped their target price on AerCap from $112.00 to $114.00 and gave the company an "overweight" rating in a report on Thursday, May 1st. Susquehanna increased their price objective on AerCap from $120.00 to $130.00 and gave the stock a "positive" rating in a report on Tuesday, May 13th. UBS Group downgraded AerCap to an "underperform" rating in a report on Friday, March 7th. Barclays restated an "overweight" rating and issued a $115.00 price objective (up previously from $113.00) on shares of AerCap in a report on Thursday, February 27th. Finally, Morgan Stanley increased their price objective on AerCap from $101.00 to $111.00 and gave the stock an "equal weight" rating in a report on Thursday, May 1st. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and seven have issued a buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $119.25.

AerCap Stock Down 0.8%

Shares of AerCap stock opened at $112.30 on Thursday. The stock has a market capitalization of $20.98 billion, a P/E ratio of 8.90, a PEG ratio of 2.22 and a beta of 1.41. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 2.89. The stock has a 50 day moving average price of $102.39 and a two-hundred day moving average price of $99.02. AerCap Holdings has a 12-month low of $82.21 and a 12-month high of $114.42.

AerCap (NYSE:AER - Get Free Report) last announced its earnings results on Wednesday, April 30th. The financial services provider reported $3.68 earnings per share (EPS) 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 analysts' expectations of $2.01 billion. AerCap had a return on equity of 13.98% and a net margin of 32.38%. The company's revenue was up 2.9% on a year-over-year basis. During the same quarter in the prior year, the business earned $3.29 earnings per share. Equities analysts expect that AerCap Holdings will post 11.29 earnings per share for the current year.

AerCap Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 5th. Stockholders of record on Wednesday, May 14th will be paid a $0.27 dividend. The ex-dividend date is Wednesday, May 14th. This represents a $1.08 annualized dividend and a dividend yield of 0.96%. AerCap's payout ratio is 9.58%.

AerCap announced that its Board of Directors has initiated a stock repurchase program on Wednesday, February 26th that authorizes the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization authorizes the financial services provider to buy up to 4.9% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company's management believes its stock is undervalued.

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.

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