AerCap Holdings (NYSE:AER) Shares Acquired by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. grew its holdings in shares of AerCap Holdings (NYSE:AER - Free Report) by 231.3% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 36,226 shares of the financial services provider's stock after acquiring an additional 25,292 shares during the period. Oppenheimer & Co. Inc.'s holdings in AerCap were worth $3,431,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Blue Trust Inc. boosted its stake in 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 acquiring an additional 134 shares during the last quarter. Mather Group LLC. lifted its position in shares of AerCap by 230.1% during the second quarter. Mather Group LLC. now owns 307 shares of the financial services provider's stock worth $27,000 after purchasing an additional 214 shares during the last quarter. UMB Bank n.a. grew its stake in AerCap by 35.5% in the third quarter. UMB Bank n.a. now owns 664 shares of the financial services provider's stock worth $63,000 after purchasing an additional 174 shares in the last quarter. Federated Hermes Inc. increased its holdings in AerCap by 209.1% in the second quarter. Federated Hermes Inc. now owns 1,567 shares of the financial services provider's stock valued at $146,000 after buying an additional 1,060 shares during the last quarter. Finally, Gordian Capital Singapore Pte Ltd raised its stake in AerCap by 33.3% during the second quarter. Gordian Capital Singapore Pte Ltd now owns 2,000 shares of the financial services provider's stock valued at $186,000 after buying an additional 500 shares in the last quarter. Institutional investors and hedge funds own 96.42% of the company's stock.

Analyst Ratings Changes

A number of brokerages have recently weighed in on AER. Susquehanna boosted their price target on AerCap from $100.00 to $108.00 and gave the company a "positive" rating in a report on Friday, August 2nd. TD Cowen reissued a "buy" rating and set a $125.00 target price on shares of AerCap in a report on Monday, July 29th. Deutsche Bank Aktiengesellschaft lifted their price target on shares of AerCap from $110.00 to $115.00 and gave the company a "buy" rating in a report on Tuesday, October 22nd. Finally, Barclays increased their price objective on shares of AerCap from $111.00 to $113.00 and gave the stock an "overweight" rating in a research note on Friday, August 2nd. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat, AerCap has an average rating of "Moderate Buy" and an average price target of $110.83.

AerCap Stock Performance

Shares of AER stock traded up $0.14 during trading hours on Friday, reaching $95.27. The stock had a trading volume of 984,245 shares, compared to its average volume of 1,442,921. The firm has a market capitalization of $18.86 billion, a PE ratio of 7.55, a price-to-earnings-growth ratio of 2.13 and a beta of 1.83. The firm has a 50-day simple moving average of $95.19 and a 200-day simple moving average of $93.45. AerCap Holdings has a twelve month low of $66.34 and a twelve month high of $99.68. 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 announced its quarterly earnings results on Wednesday, October 30th. The financial services provider reported $2.41 EPS for the quarter, meeting the consensus estimate of $2.41. The company had revenue of $1.95 billion for 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%. AerCap's revenue was up 3.0% compared to the same quarter last year. During the same quarter last year, the business earned $2.81 earnings per share. As a group, equities analysts forecast that AerCap Holdings will post 11.26 earnings per share for the current year.

AerCap Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 5th. Shareholders of record on Wednesday, November 13th will be given a dividend of $0.25 per share. The ex-dividend date is Wednesday, November 13th. This represents a $1.00 dividend on an annualized basis and a yield of 1.05%. AerCap's dividend payout ratio (DPR) is presently 7.92%.

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.