Janus Henderson Group PLC Has $18.78 Million Stock Holdings in AerCap Holdings (NYSE:AER)

Janus Henderson Group PLC trimmed its position in shares of AerCap Holdings (NYSE:AER - Free Report) by 22.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 196,171 shares of the financial services provider's stock after selling 58,030 shares during the quarter. Janus Henderson Group PLC owned approximately 0.10% of AerCap worth $18,782,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of the company. 59 North Capital Management LP lifted its position in AerCap by 17.0% during the 4th quarter. 59 North Capital Management LP now owns 3,704,914 shares of the financial services provider's stock worth $354,560,000 after buying an additional 538,703 shares in the last quarter. Lyrical Asset Management LP lifted its position in shares of AerCap by 1.3% during the fourth quarter. Lyrical Asset Management LP now owns 3,097,840 shares of the financial services provider's stock worth $296,463,000 after purchasing an additional 38,264 shares in the last quarter. Cooke & Bieler LP grew its stake in shares of AerCap by 3.0% during the fourth quarter. Cooke & Bieler LP now owns 2,934,185 shares of the financial services provider's stock valued at $280,802,000 after purchasing an additional 86,548 shares during the last quarter. Ninety One UK Ltd increased its holdings in shares of AerCap by 7.0% in the fourth quarter. Ninety One UK Ltd now owns 2,550,350 shares of the financial services provider's stock valued at $244,068,000 after purchasing an additional 167,830 shares in the last quarter. Finally, Norges Bank bought a new position in AerCap in the 4th quarter worth approximately $218,517,000. Institutional investors and hedge funds own 96.42% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on AER shares. Morgan Stanley boosted their target price on AerCap from $101.00 to $111.00 and gave the stock an "equal weight" rating in a research report on Thursday, May 1st. Susquehanna increased their price target on AerCap from $120.00 to $130.00 and gave the company a "positive" rating in a research note on Tuesday, May 13th. JPMorgan Chase & Co. increased their target price on AerCap from $112.00 to $114.00 and gave the company an "overweight" rating in a research note on Thursday, May 1st. UBS Group lowered shares of AerCap to an "underperform" rating in a research note on Friday, March 7th. Finally, Bank of America lifted their price target on shares of AerCap from $105.00 to $125.00 and gave the stock a "buy" rating in a research report on Friday, March 7th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $119.25.

AerCap Stock Up 0.5%

Shares of AER traded up $0.59 during midday trading on Monday, hitting $113.66. The stock had a trading volume of 1,177,940 shares, compared to its average volume of 1,388,434. 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 $21.23 billion, a price-to-earnings ratio of 9.01, a price-to-earnings-growth ratio of 2.22 and a beta of 1.41. AerCap Holdings has a twelve month low of $82.21 and a twelve month high of $114.67. The company has a 50 day simple moving average of $101.55 and a two-hundred day simple moving average of $98.70.

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

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

AerCap Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 5th. Investors 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 yield of 0.95%. AerCap's dividend payout ratio (DPR) is presently 9.58%.

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.