Barclays PLC Has $8.69 Million Stake in AerCap Holdings (NYSE:AER)

Barclays PLC lifted its position in shares of AerCap Holdings (NYSE:AER - Free Report) by 95.5% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 91,707 shares of the financial services provider's stock after purchasing an additional 44,797 shares during the quarter. Barclays PLC's holdings in AerCap were worth $8,687,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in AER. Gordian Capital Singapore Pte Ltd grew its position in shares of AerCap by 75.0% in the 3rd quarter. Gordian Capital Singapore Pte Ltd now owns 3,500 shares of the financial services provider's stock valued at $332,000 after purchasing an additional 1,500 shares during the period. Public Employees Retirement System of Ohio acquired a new stake in shares of AerCap during the third quarter worth $3,478,000. Nomura Asset Management Co. Ltd. lifted its position in AerCap by 0.5% in the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 58,671 shares of the financial services provider's stock valued at $5,557,000 after acquiring an additional 320 shares in the last quarter. Y Intercept Hong Kong Ltd lifted its holdings in shares of AerCap by 353.0% in the third quarter. Y Intercept Hong Kong Ltd now owns 19,778 shares of the financial services provider's stock valued at $1,873,000 after purchasing an additional 15,412 shares in the last quarter. Finally, MML Investors Services LLC boosted its position in shares of AerCap by 8.4% during the third quarter. MML Investors Services LLC now owns 53,394 shares of the financial services provider's stock worth $5,057,000 after buying an additional 4,117 shares during the period. 96.42% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the stock. Deutsche Bank Aktiengesellschaft raised their price target 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. The Goldman Sachs Group reissued a "buy" rating and set a $119.00 price target on shares of AerCap in a research report on Thursday, November 21st. One research analyst has rated the stock with a hold rating and six have given a buy rating to the company. According to MarketBeat.com, AerCap has a consensus rating of "Moderate Buy" and an average price target of $112.00.

AerCap Stock Performance

AER opened at $95.11 on Wednesday. The business has a 50 day moving average of $96.45 and a 200-day moving average of $94.47. AerCap Holdings has a 12-month low of $70.48 and a 12-month high of $100.81. The stock has a market cap of $18.83 billion, a price-to-earnings ratio of 7.54, a PEG ratio of 2.17 and a beta of 1.82. 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 announced its quarterly earnings results on Wednesday, October 30th. The financial services provider reported $2.41 EPS for the quarter, meeting analysts' consensus estimates of $2.41. The business 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 quarterly revenue was up 3.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.81 EPS. On average, equities research analysts expect 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 was paid on Thursday, December 5th. Investors of record on Wednesday, November 13th were paid a $0.25 dividend. The ex-dividend date was 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%.

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.