Brokerages Set AerCap Holdings (NYSE:AER) Price Target at $110.83

Shares of AerCap Holdings (NYSE:AER - Get Free Report) have received a consensus recommendation of "Moderate Buy" from the six research firms that are currently covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is $110.83.

A number of brokerages have recently commented on AER. Barclays lifted their price objective on AerCap from $111.00 to $113.00 and gave the company an "overweight" rating in a research report on Friday, August 2nd. TD Cowen reaffirmed a "buy" rating and issued a $125.00 price objective on shares of AerCap in a research report on Monday, July 29th. Susquehanna lifted their price objective on AerCap from $100.00 to $108.00 and gave the company a "positive" rating in a research report on Friday, August 2nd. Finally, Deutsche Bank Aktiengesellschaft lifted their price objective on AerCap from $110.00 to $115.00 and gave the company a "buy" rating in a research report on Tuesday, October 22nd.

Institutional Trading of AerCap

Large investors have recently added to or reduced their stakes in the business. Blue Trust Inc. increased its position in shares of AerCap by 89.9% during the 2nd quarter. Blue Trust Inc. now owns 283 shares of the financial services provider's stock valued at $25,000 after purchasing an additional 134 shares during the period. Mather Group LLC. increased its position in shares of AerCap by 230.1% during the 2nd quarter. Mather Group LLC. now owns 307 shares of the financial services provider's stock valued at $27,000 after purchasing an additional 214 shares during the period. Truvestments Capital LLC acquired a new position in shares of AerCap during the 3rd quarter valued at $35,000. UMB Bank n.a. increased its position in shares of AerCap by 35.5% during the 3rd quarter. UMB Bank n.a. now owns 664 shares of the financial services provider's stock valued at $63,000 after purchasing an additional 174 shares during the period. Finally, Transamerica Financial Advisors Inc. acquired a new position in shares of AerCap during the 3rd quarter valued at $64,000. 96.42% of the stock is currently owned by institutional investors and hedge funds.

AerCap Price Performance

AerCap stock traded down $0.56 during mid-day trading on Wednesday, hitting $94.60. 1,436,264 shares of the company were exchanged, compared to its average volume of 1,445,969. 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 business's 50 day simple moving average is $95.03 and its two-hundred day simple moving average is $93.32. The company has a market capitalization of $18.72 billion, a P/E ratio of 7.50, a PEG ratio of 2.15 and a beta of 1.83. AerCap has a 12-month low of $66.06 and a 12-month high of $99.68.

AerCap (NYSE:AER - Get Free Report) last released its quarterly earnings results on Wednesday, October 30th. The financial services provider reported $2.41 earnings per share for the quarter, hitting the consensus estimate of $2.41. The company had revenue of $1.95 billion during the quarter, compared to the consensus estimate of $1.92 billion. AerCap had a return on equity of 13.98% and a net margin of 32.38%. AerCap's revenue was up 3.0% compared to the same quarter last year. During the same quarter last year, the business posted $2.81 earnings per share. Analysts forecast that AerCap will post 11.26 earnings per share for the current fiscal year.

AerCap Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 5th. Stockholders of record on Wednesday, November 13th will be given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.06%. The ex-dividend date of this dividend is Wednesday, November 13th. AerCap's payout ratio is 7.92%.

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.