AerCap Holdings (NYSE:AER) Shares Acquired by Hsbc Holdings PLC

Hsbc Holdings PLC grew its holdings in AerCap Holdings (NYSE:AER - Free Report) by 9.4% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 80,382 shares of the financial services provider's stock after acquiring an additional 6,918 shares during the quarter. Hsbc Holdings PLC's holdings in AerCap were worth $7,734,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. B. Riley Wealth Advisors Inc. lifted its position in shares of AerCap by 59.3% during the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 17,875 shares of the financial services provider's stock worth $1,686,000 after buying an additional 6,654 shares during the last quarter. Bank of New York Mellon Corp lifted its position in AerCap by 1.0% in the fourth quarter. Bank of New York Mellon Corp now owns 446,303 shares of the financial services provider's stock valued at $42,711,000 after acquiring an additional 4,222 shares during the last quarter. O Shaughnessy Asset Management LLC boosted its stake in AerCap by 11.3% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 18,664 shares of the financial services provider's stock valued at $1,786,000 after acquiring an additional 1,900 shares in the last quarter. Franklin Resources Inc. grew its holdings in shares of AerCap by 5.3% during the third quarter. Franklin Resources Inc. now owns 5,601,208 shares of the financial services provider's stock worth $545,726,000 after purchasing an additional 282,980 shares during the last quarter. Finally, Barclays PLC grew its holdings in shares of AerCap by 95.5% during the third quarter. Barclays PLC now owns 91,707 shares of the financial services provider's stock worth $8,687,000 after purchasing an additional 44,797 shares during the last quarter. Institutional investors and hedge funds own 96.42% of the company's stock.

AerCap Trading Up 0.8 %

AER stock traded up $0.85 during midday trading on Friday, hitting $106.74. The stock had a trading volume of 1,673,523 shares, compared to its average volume of 1,400,502. The company's 50-day moving average price is $99.54 and its 200 day moving average price is $97.67. The company has a debt-to-equity ratio of 2.89, a current ratio of 0.67 and a quick ratio of 0.67. The firm has a market cap of $19.94 billion, a PE ratio of 8.46, a price-to-earnings-growth ratio of 2.22 and a beta of 1.41. AerCap Holdings has a 12-month low of $82.21 and a 12-month high of $108.49.

AerCap (NYSE:AER - Get Free Report) last released its earnings results on Wednesday, April 30th. The financial services provider reported $3.68 EPS for the quarter, beating the consensus estimate of $2.69 by $0.99. AerCap had a return on equity of 13.98% and a net margin of 32.38%. The firm had revenue of $2.08 billion during the quarter, compared to analyst estimates of $2.01 billion. During the same period in the prior year, the firm posted $3.29 earnings per share. The business's quarterly revenue was up 2.9% compared to the same quarter last year. On average, equities research analysts predict that AerCap Holdings will post 11.29 earnings per share for the current fiscal year.

AerCap announced that its board has initiated a stock repurchase program on Wednesday, February 26th that allows the company to buyback $1.00 billion in shares. This buyback authorization allows the financial services provider to purchase up to 4.9% of its stock through open market purchases. Stock buyback programs are typically an indication that the company's leadership believes its shares are undervalued.

AerCap Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 5th. Investors of record on Wednesday, May 14th will be given a $0.27 dividend. This represents a $1.08 annualized dividend and a dividend yield of 1.01%. The ex-dividend date of this dividend is Wednesday, May 14th. AerCap's dividend payout ratio (DPR) is currently 9.58%.

Analyst Ratings Changes

A number of research firms recently issued reports on AER. Bank of America raised their price target on AerCap from $105.00 to $125.00 and gave the stock a "buy" rating in a research note on Friday, March 7th. JPMorgan Chase & Co. lifted their target price on shares of AerCap from $112.00 to $114.00 and gave the company an "overweight" rating in a report on Thursday. Susquehanna upped their price target on shares of AerCap from $108.00 to $120.00 and gave the company a "positive" rating in a research report on Thursday, February 27th. Morgan Stanley raised their price objective on shares of AerCap from $101.00 to $111.00 and gave the stock an "equal weight" rating in a research report on Thursday. Finally, UBS Group cut AerCap to an "underperform" rating in a research note on Friday, March 7th. 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. According to data from MarketBeat, AerCap presently has an average rating of "Moderate Buy" and an average price target of $118.00.

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.