Shelton Capital Management Boosts Stake in AerCap Holdings (NYSE:AER)

Shelton Capital Management increased its holdings in shares of AerCap Holdings (NYSE:AER - Free Report) by 170.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 6,309 shares of the financial services provider's stock after purchasing an additional 3,973 shares during the quarter. Shelton Capital Management's holdings in AerCap were worth $604,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Sumitomo Mitsui DS Asset Management Company Ltd grew its holdings in shares of AerCap by 0.6% during the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 19,192 shares of the financial services provider's stock worth $1,837,000 after buying an additional 115 shares during the last quarter. Signaturefd LLC raised its holdings in AerCap by 3.2% during the fourth quarter. Signaturefd LLC now owns 5,717 shares of the financial services provider's stock worth $547,000 after purchasing an additional 177 shares in the last quarter. Dorsey & Whitney Trust CO LLC increased its position in AerCap by 3.8% during the 4th quarter. Dorsey & Whitney Trust CO LLC now owns 5,322 shares of the financial services provider's stock worth $509,000 after purchasing an additional 194 shares during the period. Inspire Advisors LLC raised its stake in shares of AerCap by 3.4% during the 4th quarter. Inspire Advisors LLC now owns 6,336 shares of the financial services provider's stock worth $606,000 after buying an additional 209 shares in the last quarter. Finally, Williamson Legacy Group LLC boosted its stake in shares of AerCap by 2.5% in the fourth quarter. Williamson Legacy Group LLC now owns 10,674 shares of the financial services provider's stock valued at $1,022,000 after buying an additional 261 shares in the last quarter. 96.42% of the stock is currently owned by hedge funds and other institutional investors.

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Wall Street Analyst Weigh In

Several equities research analysts have commented on AER shares. Susquehanna boosted their target price on shares of AerCap from $108.00 to $120.00 and gave the stock a "positive" rating in a research 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 company a "buy" rating in a report on Friday, March 7th. UBS Group downgraded AerCap to an "underperform" rating in a research note on Friday, March 7th. Morgan Stanley lowered their target price on AerCap from $112.00 to $101.00 and set an "equal weight" rating on the stock in a report on Friday. Finally, Barclays reissued an "overweight" rating and issued a $115.00 price objective (up from $113.00) on shares of AerCap in a research note on Thursday, February 27th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat.com, AerCap has a consensus rating of "Moderate Buy" and an average target price of $117.14.

AerCap Trading Up 1.4 %

Shares of AER stock traded up $1.36 during trading hours on Tuesday, hitting $97.11. 428,616 shares of the company were exchanged, compared to its average volume of 1,584,128. AerCap Holdings has a 1 year low of $81.93 and a 1 year high of $107.36. The firm has a fifty day moving average of $99.45 and a 200 day moving average of $97.10. The firm has a market cap of $18.14 billion, a PE ratio of 7.69, a PEG ratio of 2.22 and a beta of 1.46. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 2.89.

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

AerCap Increases Dividend

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

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 shares. This repurchase authorization authorizes the financial services provider to buy up to 4.9% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company's board believes its shares are 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.