AerCap (NYSE:AER) Share Price Passes Above 200 Day Moving Average - Time to Sell?

AerCap Holdings (NYSE:AER - Get Free Report) shares crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $94.70 and traded as high as $96.06. AerCap shares last traded at $95.52, with a volume of 580,766 shares changing hands.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on AER shares. Deutsche Bank Aktiengesellschaft raised their target price on shares of AerCap from $110.00 to $115.00 and gave the stock a "buy" rating in a report on Tuesday, October 22nd. The Goldman Sachs Group restated a "buy" rating and issued a $119.00 price target on shares of AerCap in a research note on Thursday, November 21st. One analyst has rated the stock with a hold rating and six have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, AerCap currently has an average rating of "Moderate Buy" and an average price target of $112.00.

AerCap Stock Up 0.2 %

The company has a 50-day moving average of $96.12 and a two-hundred day moving average of $94.75. The company has a debt-to-equity ratio of 2.89, a current ratio of 0.67 and a quick ratio of 0.67. The company has a market capitalization of $18.94 billion, a PE ratio of 7.58, a P/E/G ratio of 2.17 and a beta of 1.82.

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

AerCap Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, December 5th. Shareholders of record on Wednesday, November 13th were issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 1.04%. The ex-dividend date of this dividend was Wednesday, November 13th. AerCap's dividend payout ratio (DPR) is currently 7.92%.

Institutional Investors Weigh In On AerCap

Several large investors have recently made changes to their positions in AER. Truvestments Capital LLC bought a new stake in AerCap during the third quarter worth approximately $35,000. UMB Bank n.a. raised its holdings in AerCap by 35.5% during the 3rd quarter. UMB Bank n.a. now owns 664 shares of the financial services provider's stock valued at $63,000 after buying an additional 174 shares during the period. Transamerica Financial Advisors Inc. purchased a new position in AerCap during the third quarter worth $64,000. Quantbot Technologies LP bought a new position in AerCap during the third quarter valued at $66,000. Finally, First Horizon Advisors Inc. lifted its holdings in shares of AerCap by 15.3% in the 3rd quarter. First Horizon Advisors Inc. now owns 814 shares of the financial services provider's stock worth $77,000 after acquiring an additional 108 shares during the last quarter. 96.42% of the stock is owned by institutional investors.

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.