Susquehanna Fundamental Investments LLC Makes New Investment in AerCap Holdings (NYSE:AER)

Susquehanna Fundamental Investments LLC purchased a new position in shares of AerCap Holdings (NYSE:AER - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 14,500 shares of the financial services provider's stock, valued at approximately $1,388,000.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Lord Abbett & CO. LLC grew its holdings in AerCap by 8.6% during the fourth quarter. Lord Abbett & CO. LLC now owns 2,271,769 shares of the financial services provider's stock worth $217,408,000 after acquiring an additional 179,539 shares during the period. Voya Investment Management LLC grew its holdings in shares of AerCap by 8.8% during the fourth quarter. Voya Investment Management LLC now owns 38,731 shares of the financial services provider's stock worth $3,707,000 after buying an additional 3,141 shares in the last quarter. Integrated Wealth Concepts LLC acquired a new stake in shares of AerCap during the fourth quarter worth $213,000. RBF Capital LLC grew its holdings in AerCap by 166.7% in the 4th quarter. RBF Capital LLC now owns 40,000 shares of the financial services provider's stock valued at $3,828,000 after buying an additional 25,000 shares during the period. Finally, Price T Rowe Associates Inc. MD increased its position in AerCap by 1.3% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 1,764,609 shares of the financial services provider's stock worth $168,874,000 after purchasing an additional 22,156 shares during the last quarter. Institutional investors and hedge funds own 96.42% of the company's stock.

Analyst Ratings Changes

Several research firms have recently weighed in on AER. Barclays reaffirmed an "overweight" rating and issued a $115.00 price objective (up from $113.00) on shares of AerCap in a research note on Thursday, February 27th. Morgan Stanley increased their price target on AerCap from $101.00 to $111.00 and gave the company an "equal weight" rating in a report on Thursday. JPMorgan Chase & Co. increased their price target on shares of AerCap from $112.00 to $114.00 and gave the stock an "overweight" rating in a research report on Thursday. Susquehanna increased their price objective on shares of AerCap from $108.00 to $120.00 and gave the stock a "positive" rating in a research note on Thursday, February 27th. Finally, Bank of America lifted 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 given a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $118.00.

AerCap Price Performance

AerCap stock traded up $0.88 during midday trading on Monday, hitting $107.63. The company's stock had a trading volume of 756,293 shares, compared to its average volume of 1,398,976. AerCap Holdings has a 12 month low of $82.21 and a 12 month high of $108.49. 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 $20.10 billion, a PE ratio of 8.53, a price-to-earnings-growth ratio of 2.22 and a beta of 1.41. The stock's 50-day moving average price is $99.54 and its 200-day moving average price is $97.66.

AerCap (NYSE:AER - Get Free Report) last released its earnings results on Wednesday, April 30th. The financial services provider reported $3.68 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 net margin of 32.38% and a return on equity of 13.98%. The business's quarterly revenue was up 2.9% on a year-over-year basis. During the same period in the prior year, the business earned $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 business also recently announced a quarterly dividend, which will be paid on Thursday, June 5th. Investors of record on Wednesday, May 14th will be issued a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.00%. The ex-dividend date is Wednesday, May 14th. AerCap's payout ratio is 9.58%.

AerCap declared that its board has authorized a share buyback plan on Wednesday, February 26th that authorizes the company to repurchase $1.00 billion in shares. This repurchase authorization authorizes the financial services provider to buy up to 4.9% of its stock through open market purchases. Stock repurchase plans are often a sign that the company's leadership believes its stock is undervalued.

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.