Charles Schwab Investment Management Inc. Purchases 3,542 Shares of AerCap Holdings (NYSE:AER)

Charles Schwab Investment Management Inc. boosted its position in shares of AerCap Holdings (NYSE:AER - Free Report) by 1.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 234,487 shares of the financial services provider's stock after buying an additional 3,542 shares during the period. Charles Schwab Investment Management Inc. owned 0.12% of AerCap worth $22,440,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Natixis Advisors LLC boosted its stake in shares of AerCap by 9.2% in the third quarter. Natixis Advisors LLC now owns 205,500 shares of the financial services provider's stock valued at $19,465,000 after buying an additional 17,348 shares in the last quarter. PCJ Investment Counsel Ltd. boosted its position in AerCap by 169.7% during the third quarter. PCJ Investment Counsel Ltd. now owns 53,960 shares of the financial services provider's stock worth $5,111,000 after purchasing an additional 33,950 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. boosted its position in AerCap by 66.8% during the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 279,803 shares of the financial services provider's stock worth $26,503,000 after purchasing an additional 112,084 shares in the last quarter. Advisors Asset Management Inc. boosted its position in AerCap by 9.6% during the third quarter. Advisors Asset Management Inc. now owns 5,937 shares of the financial services provider's stock worth $562,000 after purchasing an additional 520 shares in the last quarter. Finally, First Horizon Advisors Inc. boosted its position in AerCap by 15.3% during the third quarter. First Horizon Advisors Inc. now owns 814 shares of the financial services provider's stock worth $77,000 after purchasing an additional 108 shares in the last quarter. Institutional investors and hedge funds own 96.42% of the company's stock.

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Analysts Set New Price Targets

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

AerCap Stock Down 2.4 %

NYSE AER traded down $2.47 during trading on Friday, hitting $102.13. 1,458,282 shares of the company traded hands, compared to its average volume of 1,267,176. AerCap Holdings has a 12 month low of $81.93 and a 12 month high of $107.36. The business has a fifty day simple moving average of $98.89 and a 200 day simple moving average of $96.67. 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 company has a market capitalization of $19.08 billion, a P/E ratio of 8.09, a PEG ratio of 2.22 and a beta of 1.83.

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

AerCap Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 3rd. Stockholders of record on Wednesday, March 12th will be issued a $0.27 dividend. This is an increase from AerCap's previous quarterly dividend of $0.25. This represents a $1.08 annualized dividend and a dividend yield of 1.06%. The ex-dividend date of this dividend is Wednesday, March 12th. AerCap's payout ratio is presently 9.99%.

AerCap declared that its board has authorized a stock repurchase program on Wednesday, February 26th that authorizes the company to repurchase $1.00 billion in shares. This repurchase authorization authorizes the financial services provider to buy up to 4.9% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company's board of directors believes its stock is undervalued.

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.