KBC Group NV Has $79.86 Million Stake in AerCap Holdings (NYSE:AER)

KBC Group NV raised its position in shares of AerCap Holdings (NYSE:AER - Free Report) by 137.8% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 834,452 shares of the financial services provider's stock after purchasing an additional 483,564 shares during the quarter. KBC Group NV owned about 0.42% of AerCap worth $79,857,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Toth Financial Advisory Corp bought a new position in shares of AerCap during the 4th quarter valued at about $29,000. Truvestments Capital LLC bought a new position in shares of AerCap in the third quarter valued at $35,000. Fortitude Family Office LLC acquired a new stake in shares of AerCap during the 4th quarter valued at $38,000. UMB Bank n.a. boosted its stake 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 worth $63,000 after acquiring an additional 174 shares in the last quarter. Finally, Transamerica Financial Advisors Inc. bought a new stake in shares of AerCap during the 3rd quarter worth $64,000. Institutional investors own 96.42% of the company's stock.

AerCap Stock Up 0.7 %

Shares of AER stock traded up $0.65 during trading on Monday, hitting $95.64. 935,671 shares of the company were exchanged, compared to its average volume of 957,098. The company has a debt-to-equity ratio of 2.89, a quick ratio of 0.67 and a current ratio of 0.67. The firm has a market capitalization of $18.93 billion, a price-to-earnings ratio of 7.58, a P/E/G ratio of 2.07 and a beta of 1.82. The business's 50-day simple moving average is $96.11 and its 200 day simple moving average is $95.02. AerCap Holdings has a twelve month low of $75.83 and a twelve month high of $100.81.

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

AerCap Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, December 5th. Stockholders of record on Wednesday, November 13th were issued a dividend of $0.25 per share. The ex-dividend date of this dividend was Wednesday, November 13th. This represents a $1.00 annualized dividend and a dividend yield of 1.05%. AerCap's dividend payout ratio is 7.92%.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the company. Deutsche Bank Aktiengesellschaft lifted their price target on AerCap from $110.00 to $115.00 and gave the stock a "buy" rating in a research note on Tuesday, October 22nd. The Goldman Sachs Group reiterated a "buy" rating and issued a $119.00 target price on shares of AerCap in a report on Thursday, November 21st. One equities research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $112.00.

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.