International Assets Investment Management LLC Takes $956,000 Position in AerCap Holdings (NYSE:AER)

International Assets Investment Management LLC purchased a new position in AerCap Holdings (NYSE:AER - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 12,857 shares of the financial services provider's stock, valued at approximately $956,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. 180 Wealth Advisors LLC increased its position in AerCap by 3.5% during the fourth quarter. 180 Wealth Advisors LLC now owns 10,407 shares of the financial services provider's stock worth $753,000 after purchasing an additional 348 shares during the last quarter. DekaBank Deutsche Girozentrale increased its position in AerCap by 66.9% during the fourth quarter. DekaBank Deutsche Girozentrale now owns 104,464 shares of the financial services provider's stock worth $7,559,000 after purchasing an additional 41,879 shares during the last quarter. Asset Management One Co. Ltd. increased its position in AerCap by 14.0% during the fourth quarter. Asset Management One Co. Ltd. now owns 73,809 shares of the financial services provider's stock worth $5,530,000 after purchasing an additional 9,052 shares during the last quarter. Trust Point Inc. acquired a new stake in AerCap during the fourth quarter worth about $232,000. Finally, UMB Bank n.a. increased its position in AerCap by 4.5% during the fourth quarter. UMB Bank n.a. now owns 4,697 shares of the financial services provider's stock worth $349,000 after purchasing an additional 203 shares during the last quarter. 96.42% of the stock is currently owned by institutional investors and hedge funds.

AerCap Stock Performance

AER stock traded up $0.79 on Friday, hitting $91.46. The company's stock had a trading volume of 1,279,909 shares, compared to its average volume of 1,595,932. The firm has a 50 day moving average of $86.33 and a two-hundred day moving average of $77.70. AerCap Holdings has a 1 year low of $56.38 and a 1 year high of $93.53. The stock has a market cap of $18.10 billion, a price-to-earnings ratio of 5.95, a price-to-earnings-growth ratio of 2.85 and a beta of 1.84. The company has a current ratio of 0.26, a quick ratio of 0.26 and a debt-to-equity ratio of 2.70.

AerCap (NYSE:AER - Get Free Report) last released its quarterly earnings results on Wednesday, May 8th. The financial services provider reported $3.29 EPS for the quarter, beating the consensus estimate of $2.31 by $0.98. AerCap had a net margin of 42.78% and a return on equity of 15.29%. The firm had revenue of $2.02 billion during the quarter, compared to the consensus estimate of $1.95 billion. During the same quarter in the prior year, the firm earned $2.34 EPS. AerCap's revenue for the quarter was up 8.1% on a year-over-year basis. Equities analysts predict that AerCap Holdings will post 10.26 EPS for the current fiscal year.

AerCap Announces Dividend

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 paid a $0.25 dividend. The ex-dividend date of this dividend is Tuesday, May 21st. This represents a $1.00 annualized dividend and a yield of 1.09%.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on AER. TD Cowen lifted their price target on shares of AerCap from $100.00 to $105.00 and gave the company a "buy" rating in a research report on Thursday, May 9th. Susquehanna lifted their price objective on shares of AerCap from $90.00 to $100.00 and gave the company a "positive" rating in a report on Thursday, May 2nd. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of AerCap from $95.00 to $110.00 and gave the company a "buy" rating in a report on Thursday, May 9th. Barclays lifted their price target on shares of AerCap from $93.00 to $94.00 and gave the stock an "overweight" rating in a research note on Thursday, May 2nd. Finally, BMO Capital Markets decreased their price target on shares of AerCap from $103.00 to $101.00 and set an "outperform" rating for the company in a research note on Monday, February 26th. Nine investment analysts have rated the stock with a buy rating, According to data from MarketBeat, AerCap currently has an average rating of "Buy" and an average price target of $94.38.

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.