AerCap Holdings (NYSE:AER) Shares Bought by Daiwa Securities Group Inc.

Daiwa Securities Group Inc. raised its stake in AerCap Holdings (NYSE:AER - Free Report) by 23.1% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 69,796 shares of the financial services provider's stock after buying an additional 13,082 shares during the quarter. Daiwa Securities Group Inc.'s holdings in AerCap were worth $6,611,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Assenagon Asset Management S.A. grew its holdings in shares of AerCap by 176.2% during the 3rd quarter. Assenagon Asset Management S.A. now owns 753,267 shares of the financial services provider's stock worth $71,349,000 after purchasing an additional 480,551 shares during the period. Point72 Asset Management L.P. grew its holdings in shares of AerCap by 182.3% during the 2nd quarter. Point72 Asset Management L.P. now owns 663,587 shares of the financial services provider's stock worth $61,846,000 after purchasing an additional 428,487 shares during the period. Wedge Capital Management L L P NC boosted its holdings in AerCap by 3,568.6% during the 3rd quarter. Wedge Capital Management L L P NC now owns 427,756 shares of the financial services provider's stock valued at $40,517,000 after acquiring an additional 416,096 shares during the period. Davidson Kempner Capital Management LP purchased a new position in AerCap during the 2nd quarter valued at about $31,688,000. Finally, AGF Management Ltd. boosted its holdings in AerCap by 35.4% during the 2nd quarter. AGF Management Ltd. now owns 1,068,447 shares of the financial services provider's stock valued at $99,579,000 after acquiring an additional 279,561 shares during the period. 96.42% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

AER has been the subject of a number of research analyst reports. The Goldman Sachs Group restated a "buy" rating and set a $119.00 target price on shares of AerCap in a report on Thursday, November 21st. Barclays raised their target price on AerCap from $111.00 to $113.00 and gave the company an "overweight" rating in a report on Friday, August 2nd. TD Cowen restated a "buy" rating and set a $125.00 target price on shares of AerCap in a report on Monday, July 29th. Deutsche Bank Aktiengesellschaft increased their price target on AerCap from $110.00 to $115.00 and gave the company a "buy" rating in a research report on Tuesday, October 22nd. Finally, Susquehanna increased their price target on AerCap from $100.00 to $108.00 and gave the company a "positive" rating in a research report on Friday, August 2nd. One investment analyst has rated the stock with a hold rating and six have issued a buy rating to the company's stock. According to data from MarketBeat, AerCap currently has a consensus rating of "Moderate Buy" and a consensus price target of $112.00.

AerCap Stock Up 0.6 %

Shares of NYSE AER traded up $0.61 during midday trading on Tuesday, hitting $100.30. 948,937 shares of the company's stock were exchanged, compared to its average volume of 1,433,260. 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 Holdings has a twelve month low of $66.34 and a twelve month high of $100.81. The company has a market cap of $19.85 billion, a PE ratio of 7.95, a P/E/G ratio of 2.21 and a beta of 1.83. The firm's fifty day simple moving average is $95.74 and its 200-day simple moving average is $93.85.

AerCap (NYSE:AER - Get Free Report) last issued its earnings results on Wednesday, October 30th. The financial services provider reported $2.41 earnings per share 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 business had revenue of $1.95 billion for the quarter, compared to analyst estimates of $1.92 billion. During the same quarter last year, the company earned $2.81 EPS. The business's quarterly revenue was up 3.0% on a year-over-year basis. Research analysts predict that AerCap Holdings will post 11.26 EPS for the current fiscal year.

AerCap Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 5th. Stockholders of record on Wednesday, November 13th will be given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 1.00%. The ex-dividend date of this dividend is Wednesday, November 13th. AerCap's dividend payout ratio (DPR) is presently 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.