Jefferies Financial Group Inc. Has $613,000 Stock Holdings in AerCap Holdings (NYSE:AER)

Jefferies Financial Group Inc. lessened its holdings in shares of AerCap Holdings (NYSE:AER - Free Report) by 84.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 6,409 shares of the financial services provider's stock after selling 35,391 shares during the period. Jefferies Financial Group Inc.'s holdings in AerCap were worth $613,000 as of its most recent SEC filing.

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

Analysts Set New Price Targets

AER has been the subject of several recent research reports. JPMorgan Chase & Co. raised their price target on AerCap from $112.00 to $114.00 and gave the stock an "overweight" rating in a research report on Thursday, May 1st. Morgan Stanley lifted their price objective on AerCap from $101.00 to $111.00 and gave the stock an "equal weight" rating in a research report on Thursday, May 1st. Barclays restated an "overweight" rating and issued a $115.00 target price (up from $113.00) on shares of AerCap in a report on Thursday, February 27th. Susquehanna lifted their price target on shares of AerCap from $120.00 to $130.00 and gave the stock a "positive" rating in a report on Tuesday, May 13th. Finally, Bank of America boosted their price objective on shares of AerCap from $105.00 to $125.00 and gave the company a "buy" rating in a research report on Friday, March 7th. One analyst has rated the stock with a sell rating, one has issued a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $119.25.

AerCap Price Performance

AerCap stock traded down $0.68 during midday trading on Tuesday, hitting $113.13. The company's stock had a trading volume of 1,180,891 shares, compared to its average volume of 1,387,607. AerCap Holdings has a 12 month low of $82.21 and a 12 month high of $114.42. 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 company has a market capitalization of $21.13 billion, a PE ratio of 8.96, a price-to-earnings-growth ratio of 2.22 and a beta of 1.41. The stock's 50-day moving average price is $101.88 and its 200-day moving average price is $98.83.

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

AerCap Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 5th. Shareholders of record on Wednesday, May 14th will be paid a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a yield of 0.95%. The ex-dividend date of this dividend is Wednesday, May 14th. AerCap's dividend payout ratio (DPR) is currently 9.58%.

AerCap declared that its Board of Directors has authorized a share 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 buy up to 4.9% of its stock through open market purchases. Stock buyback plans are usually a sign that the company's management believes its stock is undervalued.

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.