American Century Companies Inc. Purchases 6,746 Shares of AerCap Holdings (NYSE:AER)

American Century Companies Inc. increased its position in shares of AerCap Holdings (NYSE:AER - Free Report) by 5.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 121,445 shares of the financial services provider's stock after acquiring an additional 6,746 shares during the quarter. American Century Companies Inc. owned about 0.06% of AerCap worth $11,622,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. KBC Group NV lifted its position in AerCap by 137.8% during the 4th quarter. KBC Group NV now owns 834,452 shares of the financial services provider's stock valued at $79,857,000 after purchasing an additional 483,564 shares during the period. State Street Corp raised its position in shares of AerCap by 8.3% during the 3rd quarter. State Street Corp now owns 4,862,517 shares of the financial services provider's stock valued at $460,579,000 after acquiring an additional 370,906 shares during the last quarter. River Road Asset Management LLC raised its position in shares of AerCap by 896.4% during the 4th quarter. River Road Asset Management LLC now owns 391,506 shares of the financial services provider's stock valued at $37,467,000 after acquiring an additional 352,215 shares during the last quarter. Franklin Resources Inc. lifted its stake in shares of AerCap by 5.3% in the 3rd quarter. Franklin Resources Inc. now owns 5,601,208 shares of the financial services provider's stock valued at $545,726,000 after purchasing an additional 282,980 shares during the period. Finally, Connor Clark & Lunn Investment Management Ltd. grew its stake in shares of AerCap by 62.8% during the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 455,471 shares of the financial services provider's stock worth $43,589,000 after purchasing an additional 175,668 shares during the period. Institutional investors own 96.42% of the company's stock.

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Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the company. Barclays restated an "overweight" rating and set a $115.00 target price (up from $113.00) on shares of AerCap in a research report on Thursday, February 27th. Susquehanna boosted their price target on shares of AerCap from $108.00 to $120.00 and gave the company a "positive" rating in a report on Thursday, February 27th. UBS Group downgraded AerCap to an "underperform" rating in a research note on Friday, March 7th. Finally, Bank of America lifted their target price on AerCap from $105.00 to $125.00 and gave the stock a "buy" rating in a report on Friday, March 7th. One analyst has rated the stock with a sell rating, one has issued a hold rating and six have given a buy rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $117.43.

AerCap Stock Down 9.3 %

AER stock traded down $9.14 during trading hours on Friday, reaching $89.51. 4,195,423 shares of the stock were exchanged, compared to its average volume of 1,349,744. The company has a market cap of $16.72 billion, a price-to-earnings ratio of 7.09, a PEG ratio of 2.22 and a beta of 1.45. The firm's 50-day moving average is $100.01 and its 200-day moving average is $97.34. AerCap Holdings has a 12 month low of $81.93 and a 12 month high of $107.36. The company has a debt-to-equity ratio of 2.89, a current ratio of 0.67 and a quick ratio of 0.67.

AerCap (NYSE:AER - Get Free Report) last released its earnings results on Wednesday, February 26th. The financial services provider reported $3.31 EPS for the quarter, beating the consensus estimate of $2.56 by $0.75. The firm had revenue of $2.07 billion for the quarter, compared to analysts' expectations of $1.97 billion. AerCap had a return on equity of 13.98% and a net margin of 32.38%. On average, equities research analysts expect that AerCap Holdings will post 11.29 earnings per share for the current year.

AerCap announced that its board has initiated a share repurchase plan on Wednesday, February 26th that authorizes the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization authorizes 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 board believes its shares are undervalued.

AerCap Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 3rd. Shareholders of record on Wednesday, March 12th were paid a $0.27 dividend. This is a positive change from AerCap's previous quarterly dividend of $0.25. This represents a $1.08 annualized dividend and a yield of 1.21%. The ex-dividend date of this dividend was Wednesday, March 12th. AerCap's payout ratio is presently 9.99%.

AerCap 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.