BNP Paribas Financial Markets Purchases 13,427 Shares of AerCap Holdings (NYSE:AER)

BNP Paribas Financial Markets lifted its holdings in shares of AerCap Holdings (NYSE:AER - Free Report) by 8.7% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 167,701 shares of the financial services provider's stock after acquiring an additional 13,427 shares during the quarter. BNP Paribas Financial Markets owned about 0.08% of AerCap worth $15,885,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in AER. Blue Trust Inc. increased its position in shares of AerCap by 89.9% in the 2nd quarter. Blue Trust Inc. now owns 283 shares of the financial services provider's stock worth $25,000 after purchasing an additional 134 shares during the last quarter. Mather Group LLC. raised its holdings in shares of AerCap by 230.1% in the 2nd quarter. Mather Group LLC. now owns 307 shares of the financial services provider's stock worth $27,000 after purchasing an additional 214 shares in the last quarter. Truvestments Capital LLC acquired a new stake in shares of AerCap during the third quarter valued at approximately $35,000. UMB Bank n.a. raised its holdings in shares of AerCap by 35.5% during the third quarter. UMB Bank n.a. now owns 664 shares of the financial services provider's stock valued at $63,000 after acquiring an additional 174 shares during the period. Finally, Quantbot Technologies LP acquired a new stake in shares of AerCap during the third quarter valued at approximately $66,000. Hedge funds and other institutional investors own 96.42% of the company's stock.

Analysts Set New Price Targets

AER has been the subject of a number of research analyst reports. Deutsche Bank Aktiengesellschaft increased their target price on shares of AerCap from $110.00 to $115.00 and gave the stock a "buy" rating in a research 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 report on Thursday, November 21st. One investment analyst has rated the stock with a hold rating and six have given a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $112.00.

AerCap Stock Up 0.3 %

Shares of AER stock traded up $0.27 during trading on Friday, reaching $99.36. The company's stock had a trading volume of 481,840 shares, compared to its average volume of 1,100,319. The business has a fifty day moving average price of $96.01 and a 200-day moving average price of $94.08. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 2.89. The company has a market cap of $19.67 billion, a price-to-earnings ratio of 7.87, a price-to-earnings-growth ratio of 2.24 and a beta of 1.83. AerCap Holdings has a one year low of $66.72 and a one year high of $100.81.

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

AerCap Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 5th. Shareholders of record on Wednesday, November 13th will be paid a dividend of $0.25 per share. The ex-dividend date is Wednesday, November 13th. This represents a $1.00 dividend on an annualized basis and a yield of 1.01%. AerCap's payout ratio is 7.92%.

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.