Captrust Financial Advisors Has $2.56 Million Stock Holdings in AerCap Holdings (NYSE:AER)

Captrust Financial Advisors cut its stake in AerCap Holdings (NYSE:AER - Free Report) by 19.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 27,024 shares of the financial services provider's stock after selling 6,606 shares during the period. Captrust Financial Advisors' holdings in AerCap were worth $2,560,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of AER. Sumitomo Mitsui DS Asset Management Company Ltd lifted its holdings in AerCap by 2.4% during the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 19,077 shares of the financial services provider's stock worth $1,807,000 after buying an additional 451 shares in the last quarter. Swedbank AB lifted its stake in shares of AerCap by 12.8% during the second quarter. Swedbank AB now owns 96,244 shares of the financial services provider's stock valued at $8,970,000 after acquiring an additional 10,933 shares during the period. KBC Group NV lifted its stake in shares of AerCap by 18.7% during the third quarter. KBC Group NV now owns 350,888 shares of the financial services provider's stock valued at $33,236,000 after acquiring an additional 55,213 shares during the period. Connor Clark & Lunn Investment Management Ltd. boosted its holdings in AerCap by 66.8% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 279,803 shares of the financial services provider's stock valued at $26,503,000 after acquiring an additional 112,084 shares during the last quarter. Finally, Summit Global Investments acquired a new stake in AerCap in the third quarter worth about $667,000. 96.42% of the stock is owned by institutional investors.

AerCap Stock Down 0.4 %

Shares of AER stock traded down $0.36 during trading on Friday, reaching $95.90. The company's stock had a trading volume of 802,955 shares, compared to its average volume of 1,415,101. AerCap Holdings has a one year low of $69.15 and a one year high of $100.81. The business has a fifty day moving average price of $96.18 and a 200-day moving average price of $94.25. The company has a market cap of $18.98 billion, a price-to-earnings ratio of 7.60, a price-to-earnings-growth ratio of 2.19 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 posted its quarterly earnings data on Wednesday, October 30th. The financial services provider reported $2.41 EPS for the quarter, hitting 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 net margin of 32.38% and a return on equity of 13.98%. The company's quarterly revenue was up 3.0% on a year-over-year basis. During the same period in the prior year, the business posted $2.81 EPS. Analysts anticipate that AerCap Holdings will post 11.26 earnings per share for the current year.

AerCap Dividend Announcement

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

Wall Street Analysts Forecast Growth

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

AerCap 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.