Y Intercept Hong Kong Ltd Raises Position in Aercap Holdings N.V. (NYSE:AER)

Y Intercept Hong Kong Ltd lifted its stake in shares of Aercap Holdings N.V. (NYSE:AER - Free Report) by 21.1% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 16,054 shares of the financial services provider's stock after buying an additional 2,795 shares during the quarter. Y Intercept Hong Kong Ltd's holdings in Aercap were worth $1,640,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Signaturefd LLC raised its stake in shares of Aercap by 1.8% in the 1st quarter. Signaturefd LLC now owns 5,819 shares of the financial services provider's stock worth $595,000 after buying an additional 102 shares in the last quarter. Allworth Financial LP raised its stake in shares of Aercap by 8.0% in the 1st quarter. Allworth Financial LP now owns 1,566 shares of the financial services provider's stock worth $160,000 after buying an additional 116 shares in the last quarter. Nissay Asset Management Corp Japan ADV raised its position in shares of Aercap by 0.9% during the fourth quarter. Nissay Asset Management Corp Japan ADV now owns 24,096 shares of the financial services provider's stock worth $2,301,000 after purchasing an additional 209 shares during the period. Mather Group LLC. raised its position in shares of Aercap by 230.1% during the first quarter. Mather Group LLC. now owns 307 shares of the financial services provider's stock worth $31,000 after purchasing an additional 214 shares during the period. Finally, Cambridge Investment Research Advisors Inc. raised its position in shares of Aercap by 2.7% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 8,465 shares of the financial services provider's stock worth $865,000 after purchasing an additional 219 shares during the period. 96.42% of the stock is currently owned by hedge funds and other institutional investors.

Aercap Trading Up 0.1%

AER traded up $0.17 during trading on Friday, reaching $112.18. 614,774 shares of the stock traded hands, compared to its average volume of 1,087,489. The company has a quick ratio of 0.21, a current ratio of 0.21 and a debt-to-equity ratio of 2.69. The stock has a market capitalization of $20.95 billion, a PE ratio of 9.95, a P/E/G ratio of 2.33 and a beta of 1.38. The stock's 50-day moving average is $114.66 and its 200 day moving average is $105.02. Aercap Holdings N.V. has a 12 month low of $82.21 and a 12 month high of $118.07.

Aercap (NYSE:AER - Get Free Report) last announced its quarterly earnings results on Wednesday, April 30th. The financial services provider reported $3.68 earnings per share for the quarter, beating the consensus estimate of $2.69 by $0.99. Aercap had a net margin of 26.53% and a return on equity of 13.84%. The business had revenue of $2.08 billion for the quarter, compared to analysts' expectations of $2.01 billion. During the same quarter last year, the firm earned $3.29 EPS. The firm's revenue for the quarter was up 2.9% compared to the same quarter last year. Equities analysts anticipate that Aercap Holdings N.V. will post 11.29 earnings per share for the current year.

Aercap Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, June 5th. Shareholders of record on Wednesday, May 14th were given a dividend of $0.27 per share. The ex-dividend date was Wednesday, May 14th. This represents a $1.08 annualized dividend and a dividend yield of 0.96%. Aercap's dividend payout ratio is currently 9.58%.

Analyst Ratings Changes

AER has been the topic of a number of recent analyst reports. Morgan Stanley boosted their target price on Aercap from $111.00 to $120.00 and gave the stock an "equal weight" rating in a research report on Thursday, July 17th. JPMorgan Chase & Co. upped their price target on Aercap from $112.00 to $114.00 and gave the stock an "overweight" rating in a research note on Thursday, May 1st. Barclays boosted their price objective on Aercap from $115.00 to $131.00 and gave the stock an "overweight" rating in a research report on Thursday, July 10th. Finally, Susquehanna upped their price target on Aercap from $120.00 to $130.00 and gave the company a "positive" rating in a report on Tuesday, May 13th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $122.38.

Aercap Company 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.