AerCap Holdings (NYSE:AER) Shares Acquired by RBF Capital LLC

RBF Capital LLC lifted its holdings in AerCap Holdings (NYSE:AER - Free Report) by 166.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 40,000 shares of the financial services provider's stock after acquiring an additional 25,000 shares during the quarter. RBF Capital LLC's holdings in AerCap were worth $3,828,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Toth Financial Advisory Corp acquired a new stake in AerCap during the 4th quarter worth about $29,000. Pinpoint Asset Management Ltd purchased a new stake in shares of AerCap in the fourth quarter worth about $35,000. Fortitude Family Office LLC acquired a new stake in AerCap during the fourth quarter worth about $38,000. Eagle Bay Advisors LLC raised its position in AerCap by 1,148.5% during the fourth quarter. Eagle Bay Advisors LLC now owns 1,261 shares of the financial services provider's stock valued at $121,000 after acquiring an additional 1,160 shares in the last quarter. Finally, Blue Trust Inc. lifted its holdings in AerCap by 51.7% in the fourth quarter. Blue Trust Inc. now owns 1,388 shares of the financial services provider's stock valued at $131,000 after acquiring an additional 473 shares during the period. Institutional investors and hedge funds own 96.42% of the company's stock.

Wall Street Analysts Forecast Growth

AER has been the subject of several recent research reports. Susquehanna lifted their target price on shares of AerCap from $108.00 to $120.00 and gave the company a "positive" rating in a report on Thursday, February 27th. Barclays reaffirmed an "overweight" rating and issued a $115.00 price objective (up previously from $113.00) on shares of AerCap in a report on Thursday, February 27th. Bank of America increased their target price on shares of AerCap from $105.00 to $125.00 and gave the stock a "buy" rating in a research note on Friday, March 7th. Morgan Stanley cut their price target on AerCap from $112.00 to $101.00 and set an "equal weight" rating for the company in a research note on Friday, April 11th. Finally, UBS Group downgraded AerCap to an "underperform" rating in a research 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 stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $117.14.

AerCap Stock Up 2.6 %

Shares of AER opened at $97.00 on Wednesday. The stock has a 50 day moving average price of $99.27 and a 200 day moving average price of $97.19. 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 stock has a market capitalization of $18.12 billion, a price-to-earnings ratio of 7.69, a PEG ratio of 2.22 and a beta of 1.46. AerCap Holdings has a one year low of $82.21 and a one year high of $107.36.

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

AerCap Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, April 3rd. Stockholders of record on Wednesday, March 12th were given a $0.27 dividend. The ex-dividend date was Wednesday, March 12th. This is a positive change from AerCap's previous quarterly dividend of $0.25. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.11%. AerCap's dividend payout ratio is 9.99%.

AerCap declared that its Board of Directors has approved a share buyback program on Wednesday, February 26th that authorizes the company to buyback $1.00 billion in outstanding shares. This buyback authorization authorizes the financial services provider to reacquire up to 4.9% of its stock through open market purchases. Stock buyback programs are typically an indication that the company's board believes its stock is 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.

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