Blueshift Asset Management LLC Has $276,000 Holdings in AerCap Holdings (NYSE:AER)

Blueshift Asset Management LLC decreased its position in shares of AerCap Holdings (NYSE:AER - Free Report) by 72.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,887 shares of the financial services provider's stock after selling 7,421 shares during the quarter. Blueshift Asset Management LLC's holdings in AerCap were worth $276,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. B. Riley Wealth Advisors Inc. raised its holdings in shares of AerCap by 59.3% during the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 17,875 shares of the financial services provider's stock worth $1,686,000 after buying an additional 6,654 shares in the last quarter. Bank of New York Mellon Corp boosted its position in AerCap by 1.0% in the fourth quarter. Bank of New York Mellon Corp now owns 446,303 shares of the financial services provider's stock valued at $42,711,000 after buying an additional 4,222 shares in the last quarter. Franklin Resources Inc. lifted its stake in shares of AerCap by 5.3% in the 3rd quarter. Franklin Resources Inc. now owns 5,601,208 shares of the financial services provider's stock valued at $545,726,000 after acquiring an additional 282,980 shares during the last quarter. Dynamic Technology Lab Private Ltd grew its position in AerCap by 145.5% during the 3rd quarter. Dynamic Technology Lab Private Ltd now owns 21,235 shares of the financial services provider's stock worth $2,011,000 after acquiring an additional 12,584 shares during the last quarter. Finally, Daiwa Securities Group Inc. raised its position in AerCap by 23.1% in the third quarter. Daiwa Securities Group Inc. now owns 69,796 shares of the financial services provider's stock valued at $6,611,000 after purchasing an additional 13,082 shares during the last quarter. Institutional investors and hedge funds own 96.42% of the company's stock.

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AerCap Stock Up 0.3 %

Shares of AerCap stock traded up $0.27 during trading on Wednesday, reaching $103.21. 976,604 shares of the company traded hands, compared to its average volume of 1,267,955. 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 firm has a market capitalization of $19.28 billion, a PE ratio of 8.18, a P/E/G ratio of 2.22 and a beta of 1.83. The company has a 50 day moving average price of $99.21 and a 200-day moving average price of $96.90. AerCap Holdings has a 1-year low of $81.93 and a 1-year high of $107.36.

AerCap (NYSE:AER - Get Free Report) last released its quarterly earnings data 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 net margin of 32.38% and a return on equity of 13.98%. The company had revenue of $2.07 billion for the quarter, compared to analysts' expectations of $1.97 billion. As a group, equities research analysts expect that AerCap Holdings will post 11.29 earnings per share for the current fiscal year.

AerCap declared that its Board of Directors has initiated a share repurchase program on Wednesday, February 26th that permits the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization permits the financial services provider to purchase up to 4.9% of its stock through open market purchases. Stock repurchase programs are generally an indication 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. Stockholders of record on Wednesday, March 12th will be issued a dividend of $0.27 per share. This is an increase from AerCap's previous quarterly dividend of $0.25. The ex-dividend date is Wednesday, March 12th. This represents a $1.08 annualized dividend and a dividend yield of 1.05%. AerCap's payout ratio is currently 9.99%.

Analyst Ratings Changes

AER has been the subject of several analyst reports. Bank of America raised their price target on shares of AerCap from $105.00 to $125.00 and gave the company a "buy" rating in a research note on Friday, March 7th. Barclays restated an "overweight" rating and issued a $115.00 price target (up previously from $113.00) on shares of AerCap in a research report on Thursday, February 27th. UBS Group cut shares of AerCap to an "underperform" rating in a research report on Friday, March 7th. Finally, Susquehanna boosted their target price on shares of AerCap from $108.00 to $120.00 and gave the company a "positive" rating in a report on Thursday, February 27th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and six have issued a buy rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $117.43.

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.