AerCap Holdings (NYSE:AER) Stock Position Increased by Ion Asset Management Ltd.

Ion Asset Management Ltd. raised its position in AerCap Holdings (NYSE:AER - Free Report) by 6.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,166,158 shares of the financial services provider's stock after acquiring an additional 74,532 shares during the quarter. AerCap makes up about 6.5% of Ion Asset Management Ltd.'s investment portfolio, making the stock its 2nd largest holding. Ion Asset Management Ltd. owned 0.59% of AerCap worth $111,601,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of AER. Sumitomo Mitsui DS Asset Management Company Ltd raised its position in AerCap by 0.6% during the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 19,192 shares of the financial services provider's stock valued at $1,837,000 after purchasing an additional 115 shares in the last quarter. Signaturefd LLC increased its holdings in AerCap by 3.2% in the fourth quarter. Signaturefd LLC now owns 5,717 shares of the financial services provider's stock valued at $547,000 after purchasing an additional 177 shares during the period. Dorsey & Whitney Trust CO LLC raised its position in shares of AerCap by 3.8% during the fourth quarter. Dorsey & Whitney Trust CO LLC now owns 5,322 shares of the financial services provider's stock worth $509,000 after acquiring an additional 194 shares during the last quarter. Inspire Advisors LLC lifted its position in shares of AerCap by 3.4% in the 4th quarter. Inspire Advisors LLC now owns 6,336 shares of the financial services provider's stock worth $606,000 after purchasing an additional 209 shares during the period. Finally, Williamson Legacy Group LLC boosted its position in AerCap by 2.5% during the fourth quarter. Williamson Legacy Group LLC now owns 10,674 shares of the financial services provider's stock valued at $1,022,000 after acquiring an additional 261 shares during the last quarter. Institutional investors own 96.42% of the company's stock.

AerCap Stock Up 0.8 %

AER stock traded up $0.85 on Friday, reaching $106.74. 1,673,523 shares of the company traded hands, compared to its average volume of 1,400,502. 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 fifty day simple moving average of $99.54 and a 200-day simple moving average of $97.67. AerCap Holdings has a one year low of $82.21 and a one year high of $110.70. The company has a market cap of $19.94 billion, a P/E ratio of 8.46, a price-to-earnings-growth ratio of 2.22 and a beta of 1.46.

AerCap (NYSE:AER - Get Free Report) last issued 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. The business had revenue of $2.08 billion for 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 company'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. Research analysts anticipate that AerCap Holdings will post 11.29 earnings per share for the current year.

AerCap announced that its Board of Directors has initiated a stock repurchase plan on Wednesday, February 26th that allows the company to buyback $1.00 billion in outstanding shares. This buyback authorization allows the financial services provider to reacquire up to 4.9% of its shares through open market purchases. Shares buyback plans are often a sign that the company's management believes its shares are undervalued.

AerCap Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 5th. Stockholders of record on Wednesday, May 14th will be given a dividend of $0.27 per share. The ex-dividend date is Wednesday, May 14th. This represents a $1.08 annualized dividend and a dividend yield of 1.01%. AerCap's payout ratio is 9.99%.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the stock. Susquehanna raised their price target on shares of AerCap from $108.00 to $120.00 and gave the stock a "positive" rating in a report on Thursday, February 27th. Morgan Stanley boosted their price target on shares of AerCap from $101.00 to $111.00 and gave the stock an "equal weight" rating in a report on Thursday. Barclays restated an "overweight" rating and issued a $115.00 price objective (up previously from $113.00) on shares of AerCap in a research note on Thursday, February 27th. JPMorgan Chase & Co. lifted their price target on shares of AerCap from $112.00 to $114.00 and gave the stock an "overweight" rating in a report on Thursday. Finally, Bank of America upped their price objective on shares of AerCap from $105.00 to $125.00 and gave the company a "buy" rating in a report on Friday, March 7th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and seven have issued a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $118.00.

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.