AerCap Holdings (NYSE:AER) Shares Purchased by Tower Research Capital LLC TRC

Tower Research Capital LLC TRC raised its holdings in AerCap Holdings (NYSE:AER - Free Report) by 11,446.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,002 shares of the financial services provider's stock after buying an additional 2,976 shares during the period. Tower Research Capital LLC TRC's holdings in AerCap were worth $287,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Norges Bank acquired a new stake in shares of AerCap during the fourth quarter worth about $218,517,000. KBC Group NV lifted its holdings in shares of AerCap by 137.8% during the fourth quarter. KBC Group NV now owns 834,452 shares of the financial services provider's stock worth $79,857,000 after purchasing an additional 483,564 shares during the period. JPMorgan Chase & Co. raised its position in AerCap by 43.3% during the 4th quarter. JPMorgan Chase & Co. now owns 1,599,032 shares of the financial services provider's stock worth $153,027,000 after buying an additional 483,428 shares during the last quarter. River Road Asset Management LLC increased its stake in shares of AerCap by 896.4% during the fourth quarter. River Road Asset Management LLC now owns 391,506 shares of the financial services provider's stock worth $37,467,000 after acquiring an additional 352,215 shares during the period. Finally, 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 worth $545,726,000 after purchasing an additional 282,980 shares in the last quarter. 96.42% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

AER has been the topic of several recent analyst reports. Barclays reiterated an "overweight" rating and set a $115.00 target price (up previously from $113.00) on shares of AerCap in a research report on Thursday, February 27th. JPMorgan Chase & Co. increased their price objective on AerCap from $112.00 to $114.00 and gave the stock an "overweight" rating in a research report on Thursday, May 1st. Susquehanna boosted their target price on shares of AerCap from $108.00 to $120.00 and gave the stock a "positive" rating in a research report on Thursday, February 27th. Bank of America raised their price objective on shares of AerCap from $105.00 to $125.00 and gave the company a "buy" rating in a research note on Friday, March 7th. Finally, UBS Group cut shares of AerCap to an "underperform" rating in a report on Friday, March 7th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and seven have issued a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $118.00.

AerCap Price Performance

Shares of NYSE AER traded up $0.65 on Wednesday, hitting $108.37. The company's stock had a trading volume of 677,747 shares, compared to its average volume of 1,397,409. 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 stock has a 50 day moving average of $99.75 and a 200-day moving average of $97.80. AerCap Holdings has a 12-month low of $82.21 and a 12-month high of $108.90. The company has a market capitalization of $20.24 billion, a price-to-earnings ratio of 8.58, a price-to-earnings-growth ratio of 2.22 and a beta of 1.41.

AerCap (NYSE:AER - Get Free Report) last issued 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 for the quarter, compared to the consensus estimate of $2.01 billion. AerCap had a return on equity of 13.98% and a net margin of 32.38%. The business's 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. As a group, research analysts predict that AerCap Holdings will post 11.29 EPS for the current 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 $0.27 dividend. The ex-dividend date is Wednesday, May 14th. This represents a $1.08 annualized dividend and a yield of 1.00%. AerCap's payout ratio is currently 9.58%.

AerCap announced that its Board of Directors has approved a share buyback plan on Wednesday, February 26th that allows the company to repurchase $1.00 billion in shares. This repurchase authorization allows the financial services provider to buy up to 4.9% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company's leadership believes its shares are undervalued.

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.