AerCap Holdings (NYSE:AER) Short Interest Down 37.8% in October

AerCap Holdings (NYSE:AER - Get Free Report) was the recipient of a significant decrease in short interest during the month of October. As of October 31st, there was short interest totalling 1,380,000 shares, a decrease of 37.8% from the October 15th total of 2,220,000 shares. Based on an average daily volume of 1,090,000 shares, the short-interest ratio is presently 1.3 days.

Analyst Ratings Changes

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

AerCap Trading Up 0.6 %

AER traded up $0.53 during trading on Thursday, hitting $95.13. 1,229,327 shares of the company's stock were exchanged, compared to its average volume of 1,444,988. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 2.89. AerCap has a 1 year low of $66.34 and a 1 year high of $99.68. The stock has a 50 day moving average price of $95.09 and a 200 day moving average price of $93.33. The firm has a market cap of $18.83 billion, a P/E ratio of 7.54, a price-to-earnings-growth ratio of 2.15 and a beta of 1.83.

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

AerCap Dividend Announcement

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

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Woodson Capital Management LP boosted its stake in AerCap by 20.5% during the 3rd quarter. Woodson Capital Management LP now owns 192,849 shares of the financial services provider's stock valued at $18,267,000 after acquiring an additional 32,749 shares during the last quarter. Financial Counselors Inc. boosted its stake in AerCap by 7.8% during the 3rd quarter. Financial Counselors Inc. now owns 5,800 shares of the financial services provider's stock valued at $549,000 after acquiring an additional 419 shares during the last quarter. Public Sector Pension Investment Board boosted its stake in AerCap by 17.2% during the 3rd quarter. Public Sector Pension Investment Board now owns 100,861 shares of the financial services provider's stock valued at $9,554,000 after acquiring an additional 14,800 shares during the last quarter. 140 Summer Partners LP boosted its stake in AerCap by 7.5% during the 3rd quarter. 140 Summer Partners LP now owns 965,340 shares of the financial services provider's stock valued at $91,437,000 after acquiring an additional 67,400 shares during the last quarter. Finally, Blueshift Asset Management LLC boosted its stake in AerCap by 22.7% during the 3rd quarter. Blueshift Asset Management LLC now owns 10,308 shares of the financial services provider's stock valued at $976,000 after acquiring an additional 1,909 shares during the last quarter. 96.42% of the stock is currently owned by hedge funds and other institutional investors.

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.