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AerCap Holdings (NYSE:AER) Stock Position Raised by Lmcg Investments LLC

Lmcg Investments LLC raised its holdings in shares of AerCap Holdings (NYSE:AER - Free Report) by 37.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 53,436 shares of the financial services provider's stock after acquiring an additional 14,594 shares during the period. Lmcg Investments LLC's holdings in AerCap were worth $3,971,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. California Public Employees Retirement System grew its position in AerCap by 22.2% during the fourth quarter. California Public Employees Retirement System now owns 358,689 shares of the financial services provider's stock valued at $26,658,000 after acquiring an additional 65,082 shares during the last quarter. Desjardins Global Asset Management Inc. boosted its stake in shares of AerCap by 281.4% during the fourth quarter. Desjardins Global Asset Management Inc. now owns 25,957 shares of the financial services provider's stock valued at $1,929,000 after purchasing an additional 19,152 shares during the period. State of New Jersey Common Pension Fund D boosted its stake in shares of AerCap by 23.9% during the fourth quarter. State of New Jersey Common Pension Fund D now owns 114,700 shares of the financial services provider's stock valued at $8,525,000 after purchasing an additional 22,100 shares during the period. Nomura Asset Management Co. Ltd. boosted its stake in shares of AerCap by 7.4% during the third quarter. Nomura Asset Management Co. Ltd. now owns 46,663 shares of the financial services provider's stock valued at $2,924,000 after purchasing an additional 3,200 shares during the period. Finally, Vanguard Group Inc. boosted its stake in shares of AerCap by 12.7% during the third quarter. Vanguard Group Inc. now owns 410,518 shares of the financial services provider's stock valued at $25,727,000 after purchasing an additional 46,404 shares during the period. 96.42% of the stock is currently owned by institutional investors.


AerCap Trading Up 1.1 %

AER stock traded up $1.02 on Tuesday, reaching $90.73. The company's stock had a trading volume of 1,514,776 shares, compared to its average volume of 1,594,100. The business has a fifty day simple moving average of $85.70 and a two-hundred day simple moving average of $77.29. The company has a debt-to-equity ratio of 2.70, a quick ratio of 0.26 and a current ratio of 0.26. The firm has a market cap of $17.96 billion, a PE ratio of 5.90, a PEG ratio of 2.80 and a beta of 1.84. AerCap Holdings has a 12-month low of $56.38 and a 12-month high of $92.45.

AerCap (NYSE:AER - Get Free Report) last posted its quarterly earnings data on Wednesday, May 8th. The financial services provider reported $3.29 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.31 by $0.98. The business had revenue of $2.02 billion during the quarter, compared to the consensus estimate of $1.95 billion. AerCap had a return on equity of 15.29% and a net margin of 42.78%. The firm's quarterly revenue was up 8.1% compared to the same quarter last year. During the same quarter in the prior year, the company earned $2.34 earnings per share. As a group, research analysts forecast that AerCap Holdings will post 10.24 EPS for the current year.

AerCap Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 13th. Shareholders of record on Wednesday, May 22nd will be issued a $0.25 dividend. The ex-dividend date is Tuesday, May 21st. This represents a $1.00 dividend on an annualized basis and a yield of 1.10%.

Analyst Upgrades and Downgrades

AER has been the subject of a number of analyst reports. Deutsche Bank Aktiengesellschaft increased their price objective on AerCap from $95.00 to $110.00 and gave the company a "buy" rating in a research note on Thursday, May 9th. TD Cowen increased their price objective on AerCap from $100.00 to $105.00 and gave the company a "buy" rating in a research note on Thursday, May 9th. BMO Capital Markets dropped their price objective on AerCap from $103.00 to $101.00 and set an "outperform" rating for the company in a research note on Monday, February 26th. Barclays increased their price objective on AerCap from $93.00 to $94.00 and gave the company an "overweight" rating in a research note on Thursday, May 2nd. Finally, Susquehanna raised their price target on AerCap from $90.00 to $100.00 and gave the stock a "positive" rating in a research note on Thursday, May 2nd. Nine equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of "Buy" and an average target price of $94.38.

Read Our Latest Report on AerCap

About AerCap

(Free Report)

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.

See Also

Institutional Ownership by Quarter for AerCap (NYSE:AER)

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