AerCap Holdings (NYSE:AER) Shares Acquired by Fmr LLC

FMR LLC raised its holdings in AerCap Holdings (NYSE:AER - Free Report) by 1.3% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 1,737,476 shares of the financial services provider's stock after acquiring an additional 22,346 shares during the period. FMR LLC owned approximately 0.88% of AerCap worth $164,574,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in AER. B. Riley Wealth Advisors Inc. purchased a new position in shares of AerCap during the 1st quarter worth approximately $304,000. Atria Investments Inc purchased a new position in AerCap in the 1st quarter valued at approximately $1,187,000. Mather Group LLC. boosted its position in AerCap by 230.1% in the 2nd quarter. Mather Group LLC. now owns 307 shares of the financial services provider's stock valued at $27,000 after buying an additional 214 shares during the period. Transform Wealth LLC purchased a new position in AerCap in the 2nd quarter valued at approximately $6,407,000. Finally, Sequoia Financial Advisors LLC raised its holdings in shares of AerCap by 1.9% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 6,919 shares of the financial services provider's stock valued at $645,000 after purchasing an additional 129 shares in the last quarter. Institutional investors and hedge funds own 96.42% of the company's stock.

Analyst Upgrades and Downgrades

AER has been the topic of a number of analyst reports. The Goldman Sachs Group restated a "buy" rating and issued a $119.00 price objective on shares of AerCap in a report on Thursday, November 21st. Deutsche Bank Aktiengesellschaft raised their price objective on shares of AerCap from $110.00 to $115.00 and gave the company a "buy" rating in a report on Tuesday, October 22nd. One research analyst has rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $112.00.

AerCap Stock Performance

NYSE AER traded up $1.46 during trading on Wednesday, reaching $98.60. The company's stock had a trading volume of 761,893 shares, compared to its average volume of 1,420,241. The company has a debt-to-equity ratio of 2.89, a quick ratio of 0.67 and a current ratio of 0.67. The firm has a market cap of $19.52 billion, a price-to-earnings ratio of 7.81, a P/E/G ratio of 2.22 and a beta of 1.82. AerCap Holdings has a twelve month low of $68.00 and a twelve month high of $100.81. The business's fifty day moving average price is $96.13 and its 200-day moving average price is $94.21.

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, meeting the consensus estimate of $2.41. The business had revenue of $1.95 billion for 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 business's quarterly revenue was up 3.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.81 earnings per share. As a group, analysts anticipate that AerCap Holdings will post 11.26 EPS for the current fiscal year.

AerCap Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 5th. Investors of record on Wednesday, November 13th will be issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 1.01%. The ex-dividend date of this dividend is Wednesday, November 13th. AerCap's dividend payout ratio is currently 7.92%.

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.