AerCap Holdings (NYSE:AER) Shares Acquired by Brandywine Global Investment Management LLC

Brandywine Global Investment Management LLC increased its position in shares of AerCap Holdings (NYSE:AER - Free Report) by 1.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,269,433 shares of the financial services provider's stock after acquiring an additional 23,285 shares during the quarter. AerCap makes up about 0.9% of Brandywine Global Investment Management LLC's portfolio, making the stock its 23rd biggest holding. Brandywine Global Investment Management LLC owned approximately 0.64% of AerCap worth $121,485,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the company. Toth Financial Advisory Corp acquired a new position in AerCap in the 4th quarter valued at about $29,000. Fortitude Family Office LLC acquired a new position in AerCap in the fourth quarter valued at approximately $38,000. Quantbot Technologies LP purchased a new position in AerCap in the third quarter worth approximately $66,000. TD Private Client Wealth LLC purchased a new stake in AerCap in the third quarter valued at $78,000. Finally, Eagle Bay Advisors LLC raised its position in AerCap by 1,148.5% in the fourth quarter. Eagle Bay Advisors LLC now owns 1,261 shares of the financial services provider's stock valued at $121,000 after purchasing an additional 1,160 shares during the period. Hedge funds and other institutional investors own 96.42% of the company's stock.

Analyst Ratings Changes

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

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AerCap Stock Down 3.0 %

Shares of AER stock traded down $3.13 during trading hours on Thursday, reaching $100.83. 1,268,320 shares of the stock were exchanged, compared to its average volume of 1,335,902. The business's fifty day moving average is $100.05 and its two-hundred day moving average is $97.32. The firm has a market capitalization of $18.83 billion, a P/E ratio of 7.99, a P/E/G ratio of 2.22 and a beta of 1.45. AerCap Holdings has a 12-month low of $81.93 and a 12-month high of $107.36. The company has a debt-to-equity ratio of 2.89, a current ratio of 0.67 and a quick ratio of 0.67.

AerCap (NYSE:AER - Get Free Report) last announced its quarterly earnings data on Wednesday, February 26th. The financial services provider reported $3.31 EPS for the quarter, beating analysts' consensus estimates of $2.56 by $0.75. The company had revenue of $2.07 billion for the quarter, compared to the consensus estimate of $1.97 billion. AerCap had a net margin of 32.38% and a return on equity of 13.98%. As a group, research analysts expect that AerCap Holdings will post 11.29 EPS for the current fiscal year.

AerCap Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 3rd. Shareholders of record on Wednesday, March 12th will be issued a dividend of $0.27 per share. The ex-dividend date of this dividend is Wednesday, March 12th. This represents a $1.08 dividend on an annualized basis and a yield of 1.07%. This is a boost from AerCap's previous quarterly dividend of $0.25. AerCap's dividend payout ratio (DPR) is presently 9.99%.

AerCap declared that its Board of Directors has initiated a share repurchase program on Wednesday, February 26th that allows the company to buyback $1.00 billion in outstanding shares. This buyback authorization allows the financial services provider to purchase up to 4.9% of its stock through open market purchases. Stock buyback programs are usually an indication that the company's management believes its stock is undervalued.

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.