Factorial Partners LLC Trims Position in AerCap Holdings (NYSE:AER)

Factorial Partners LLC trimmed its holdings in AerCap Holdings (NYSE:AER - Free Report) by 49.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 8,900 shares of the financial services provider's stock after selling 8,600 shares during the period. Factorial Partners LLC's holdings in AerCap were worth $852,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. First Horizon Advisors Inc. raised its position in AerCap by 15.3% in the 3rd quarter. First Horizon Advisors Inc. now owns 814 shares of the financial services provider's stock valued at $77,000 after buying an additional 108 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd grew its stake in shares of AerCap by 0.6% in the 4th 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 acquiring an additional 115 shares in the last quarter. Williamson Legacy Group LLC raised its holdings 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 purchasing an additional 261 shares during the last quarter. Toth Financial Advisory Corp bought a new position in shares of AerCap during the fourth quarter valued at about $29,000. Finally, Principal Securities Inc. lifted its position in shares of AerCap by 3.3% during the fourth quarter. Principal Securities Inc. now owns 9,664 shares of the financial services provider's stock valued at $925,000 after purchasing an additional 305 shares in the last quarter. 96.42% of the stock is currently owned by institutional investors and hedge funds.

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AerCap Stock Performance

Shares of AER stock traded up $3.57 during trading hours on Wednesday, hitting $102.05. 1,949,299 shares of the company were exchanged, compared to its average volume of 1,332,852. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 2.89. The stock has a market capitalization of $19.06 billion, a price-to-earnings ratio of 8.09, a P/E/G ratio of 2.22 and a beta of 1.81. The firm has a fifty day simple moving average of $97.55 and a 200 day simple moving average of $96.19. AerCap Holdings has a 52-week low of $79.51 and a 52-week high of $107.36.

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

AerCap declared that its board has authorized a stock repurchase program on Wednesday, February 26th that allows the company to repurchase $1.00 billion in shares. This repurchase authorization allows the financial services provider to buy up to 4.9% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company's leadership believes its shares are undervalued.

AerCap Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 3rd. Investors of record on Wednesday, March 12th will be paid a $0.27 dividend. This is a boost from AerCap's previous quarterly dividend of $0.25. This represents a $1.08 dividend on an annualized basis and a yield of 1.06%. The ex-dividend date is Wednesday, March 12th. AerCap's payout ratio is currently 9.99%.

Analyst Ratings Changes

Several equities research analysts have commented on AER shares. Susquehanna increased their price objective on shares of AerCap from $108.00 to $120.00 and gave the company a "positive" rating in a research note on Thursday, February 27th. The Goldman Sachs Group reaffirmed a "buy" rating and set a $119.00 price target on shares of AerCap in a research report on Thursday, November 21st. Finally, Barclays reiterated an "overweight" rating and set a $115.00 price target (up from $113.00) on shares of AerCap in a report on Thursday, February 27th. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the company's stock. According to MarketBeat.com, AerCap currently has an average rating of "Moderate Buy" and an average price target of $116.17.

AerCap Company 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.