B. Riley Wealth Advisors Inc. Increases Stake in AerCap Holdings (NYSE:AER)

B. Riley Wealth Advisors Inc. grew its position in AerCap Holdings (NYSE:AER - Free Report) by 59.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 17,875 shares of the financial services provider's stock after purchasing an additional 6,654 shares during the period. B. Riley Wealth Advisors Inc.'s holdings in AerCap were worth $1,686,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in AER. Darsana Capital Partners LP bought a new stake in AerCap in the third quarter worth about $94,720,000. TOMS Capital Investment Management LP purchased a new position in shares of AerCap during the 3rd quarter valued at $60,526,000. Assenagon Asset Management S.A. grew its stake in shares of AerCap by 176.2% during the 3rd quarter. Assenagon Asset Management S.A. now owns 753,267 shares of the financial services provider's stock worth $71,349,000 after acquiring an additional 480,551 shares during the period. Point72 Asset Management L.P. grew its stake in AerCap by 182.3% in the 2nd quarter. Point72 Asset Management L.P. now owns 663,587 shares of the financial services provider's stock valued at $61,846,000 after buying an additional 428,487 shares in the last quarter. Finally, Wedge Capital Management L L P NC grew its stake in AerCap by 3,568.6% during the third quarter. Wedge Capital Management L L P NC now owns 427,756 shares of the financial services provider's stock valued at $40,517,000 after acquiring an additional 416,096 shares in the last quarter. 96.42% of the stock is owned by institutional investors.

AerCap Stock Down 2.3 %

AerCap stock traded down $2.19 during mid-day trading on Tuesday, reaching $95.11. The stock had a trading volume of 1,046,829 shares, compared to its average volume of 1,402,854. The company has a market capitalization of $18.83 billion, a price-to-earnings ratio of 7.54, a PEG ratio of 2.17 and a beta of 1.82. 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 Holdings has a one year low of $70.48 and a one year high of $100.81. The company has a 50-day moving average price of $96.45 and a two-hundred day moving average price of $94.47.

AerCap (NYSE:AER - Get Free Report) last released its quarterly earnings data on Wednesday, October 30th. The financial services provider reported $2.41 earnings per share (EPS) for the quarter, meeting the consensus estimate of $2.41. AerCap had a return on equity of 13.98% and a net margin of 32.38%. The business had revenue of $1.95 billion for the quarter, compared to analysts' expectations of $1.92 billion. During the same period in the prior year, the firm posted $2.81 EPS. The firm's quarterly revenue was up 3.0% on a year-over-year basis. On average, analysts expect that AerCap Holdings will post 11.26 EPS for the current fiscal year.

AerCap Dividend Announcement

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

Wall Street Analyst Weigh In

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

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.