AerCap Holdings (NYSE:AER) Stake Lowered by Soros Fund Management LLC

Soros Fund Management LLC reduced its stake in shares of AerCap Holdings (NYSE:AER - Free Report) by 6.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,486,337 shares of the financial services provider's stock after selling 103,559 shares during the period. AerCap accounts for 2.1% of Soros Fund Management LLC's portfolio, making the stock its 10th biggest holding. Soros Fund Management LLC owned 0.75% of AerCap worth $142,242,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. B. Riley Wealth Advisors Inc. boosted its position in shares of AerCap by 59.3% in the third quarter. B. Riley Wealth Advisors Inc. now owns 17,875 shares of the financial services provider's stock worth $1,686,000 after purchasing an additional 6,654 shares during the period. Bank of New York Mellon Corp boosted its holdings in AerCap by 1.0% in the 4th quarter. Bank of New York Mellon Corp now owns 446,303 shares of the financial services provider's stock worth $42,711,000 after buying an additional 4,222 shares during the period. O Shaughnessy Asset Management LLC increased its stake in AerCap by 11.3% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 18,664 shares of the financial services provider's stock worth $1,786,000 after buying an additional 1,900 shares in the last quarter. Franklin Resources Inc. raised its holdings in AerCap by 5.3% during the third quarter. Franklin Resources Inc. now owns 5,601,208 shares of the financial services provider's stock valued at $545,726,000 after acquiring an additional 282,980 shares during the period. Finally, Barclays PLC lifted its position in shares of AerCap by 95.5% in the third quarter. Barclays PLC now owns 91,707 shares of the financial services provider's stock valued at $8,687,000 after acquiring an additional 44,797 shares in the last quarter. 96.42% of the stock is currently owned by institutional investors.

AerCap Price Performance

Shares of NYSE AER traded up $0.85 during mid-day trading on Friday, hitting $106.74. 1,673,523 shares of the company's stock traded hands, compared to its average volume of 1,400,502. The company has a market capitalization of $19.94 billion, a P/E ratio of 8.46, a PEG ratio of 2.22 and a beta of 1.46. AerCap Holdings has a 1 year low of $82.21 and a 1 year high of $110.70. 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 company's 50-day moving average is $99.54 and its two-hundred day moving average is $97.67.

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 the consensus estimate of $2.69 by $0.99. The business had revenue of $2.08 billion during the quarter, compared to analyst estimates of $2.01 billion. AerCap had a return on equity of 13.98% and a net margin of 32.38%. The company's revenue for the quarter was up 2.9% on a year-over-year basis. During the same period last year, the company earned $3.29 EPS. On average, equities analysts anticipate that AerCap Holdings will post 11.29 EPS for the current fiscal year.

AerCap Announces Dividend

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

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

Analyst Ratings Changes

AER has been the subject of several research analyst reports. Bank of America increased their target price on AerCap from $105.00 to $125.00 and gave the stock a "buy" rating in a research report on Friday, March 7th. JPMorgan Chase & Co. lifted their price objective on shares of AerCap from $112.00 to $114.00 and gave the company an "overweight" rating in a research report on Thursday. Morgan Stanley boosted their target price on shares of AerCap from $101.00 to $111.00 and gave the stock an "equal weight" rating in a report on Thursday. UBS Group downgraded shares of AerCap to an "underperform" rating in a report on Friday, March 7th. Finally, Susquehanna increased their price objective on shares of AerCap from $108.00 to $120.00 and gave the company a "positive" rating in a report on Thursday, February 27th. 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, AerCap has a consensus rating of "Moderate Buy" and an average price target 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.