Centiva Capital LP Takes Position in AerCap Holdings (NYSE:AER)

Centiva Capital LP purchased a new position in shares of AerCap Holdings (NYSE:AER - Free Report) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 6,035 shares of the financial services provider's stock, valued at approximately $572,000.

Other large investors also recently modified their holdings of the company. Donald Smith & CO. Inc. increased its stake in AerCap by 0.7% during the 3rd quarter. Donald Smith & CO. Inc. now owns 3,525,307 shares of the financial services provider's stock valued at $333,917,000 after buying an additional 23,994 shares during the period. Barrow Hanley Mewhinney & Strauss LLC increased its stake in shares of AerCap by 12.6% during the second quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 1,860,757 shares of the financial services provider's stock valued at $173,423,000 after acquiring an additional 208,407 shares during the period. FMR LLC increased its stake in shares of AerCap by 1.3% during the third quarter. FMR LLC now owns 1,737,476 shares of the financial services provider's stock valued at $164,574,000 after acquiring an additional 22,346 shares during the period. AGF Management Ltd. raised its holdings in AerCap by 35.4% during the second quarter. AGF Management Ltd. now owns 1,068,447 shares of the financial services provider's stock worth $99,579,000 after purchasing an additional 279,561 shares in the last quarter. Finally, Darsana Capital Partners LP acquired a new stake in AerCap in the third quarter worth approximately $94,720,000. 96.42% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

AER has been the topic of a number of research reports. Deutsche Bank Aktiengesellschaft boosted their price objective on 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 reiterated 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 assigned a buy rating to the stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $112.00.

AerCap Trading Down 0.4 %

Shares of AerCap stock traded down $0.34 on Friday, reaching $95.91. 802,956 shares of the company were exchanged, compared to its average volume of 971,422. AerCap Holdings has a fifty-two week low of $69.15 and a fifty-two week high of $100.81. The firm has a market capitalization of $18.98 billion, a price-to-earnings ratio of 7.60, a price-to-earnings-growth ratio of 2.22 and a beta of 1.82. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 2.89. The stock has a fifty day moving average price of $96.18 and a 200-day moving average price of $94.27.

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

AerCap Announces Dividend

The company also recently disclosed 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 yield of 1.04%. The ex-dividend date of this dividend was Wednesday, November 13th. AerCap's payout ratio is 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.