Fiduciary Alliance LLC Acquires New Stake in AerCap Holdings (NYSE:AER)

Fiduciary Alliance LLC purchased a new position in shares of AerCap Holdings (NYSE:AER - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 20,970 shares of the financial services provider's stock, valued at approximately $2,007,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Truvestments Capital LLC purchased a new position in AerCap in the 3rd quarter valued at about $35,000. Fortitude Family Office LLC purchased a new position in shares of AerCap in the fourth quarter valued at approximately $38,000. UMB Bank n.a. lifted its position in shares of AerCap by 35.5% in the third quarter. UMB Bank n.a. now owns 664 shares of the financial services provider's stock valued at $63,000 after acquiring an additional 174 shares in the last quarter. Transamerica Financial Advisors Inc. acquired a new stake in shares of AerCap in the third quarter worth approximately $64,000. Finally, Quantbot Technologies LP purchased a new stake in shares of AerCap during the third quarter worth approximately $66,000. Institutional investors and hedge funds own 96.42% of the company's stock.

AerCap Trading Up 1.2 %

Shares of AerCap stock traded up $1.10 during mid-day trading on Tuesday, hitting $95.80. The stock had a trading volume of 683,227 shares, compared to its average volume of 830,966. The firm has a 50-day moving average of $96.23 and a two-hundred day moving average of $94.89. The firm has a market cap of $18.96 billion, a P/E ratio of 7.59, a price-to-earnings-growth ratio of 2.17 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 Holdings has a 12-month low of $72.80 and a 12-month high of $100.81.

AerCap (NYSE:AER - Get Free Report) last issued its quarterly earnings data 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 company had revenue of $1.95 billion during the quarter, compared to analyst estimates of $1.92 billion. During the same period in the prior year, the business posted $2.81 earnings per share. The firm's revenue for the quarter was up 3.0% compared to the same quarter last year. Sell-side analysts forecast that AerCap Holdings will post 11.26 earnings per share for the current year.

AerCap Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the stock. Deutsche Bank Aktiengesellschaft lifted their target price on shares of 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 reaffirmed a "buy" rating and set a $119.00 price objective on shares of AerCap in a research note on Thursday, November 21st. One investment analyst has rated the stock with a hold rating and six have given a buy rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $112.00.

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.