Integrated Quantitative Investments LLC Invests $1.68 Million in AerCap Holdings (NYSE:AER)

Integrated Quantitative Investments LLC bought a new stake in AerCap Holdings (NYSE:AER - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 17,500 shares of the financial services provider's stock, valued at approximately $1,675,000. AerCap accounts for about 0.8% of Integrated Quantitative Investments LLC's holdings, making the stock its 9th largest position.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Sumitomo Mitsui DS Asset Management Company Ltd boosted its holdings in AerCap by 0.6% in the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 19,192 shares of the financial services provider's stock valued at $1,837,000 after acquiring an additional 115 shares during the last quarter. Signaturefd LLC boosted its stake in shares of AerCap by 3.2% in the 4th quarter. Signaturefd LLC now owns 5,717 shares of the financial services provider's stock valued at $547,000 after purchasing an additional 177 shares during the last quarter. Dorsey & Whitney Trust CO LLC grew its position in shares of AerCap by 3.8% during the 4th quarter. Dorsey & Whitney Trust CO LLC now owns 5,322 shares of the financial services provider's stock worth $509,000 after buying an additional 194 shares during the period. Inspire Advisors LLC raised its stake in shares of AerCap by 3.4% during the fourth quarter. Inspire Advisors LLC now owns 6,336 shares of the financial services provider's stock worth $606,000 after buying an additional 209 shares during the last quarter. Finally, Williamson Legacy Group LLC lifted its holdings in AerCap by 2.5% in the fourth quarter. Williamson Legacy Group LLC now owns 10,674 shares of the financial services provider's stock valued at $1,022,000 after buying an additional 261 shares during the period. 96.42% of the stock is owned by institutional investors and hedge funds.

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Analysts Set New Price Targets

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

AerCap Stock Up 0.1 %

AER stock traded up $0.11 during mid-day trading on Wednesday, hitting $89.08. 1,410,408 shares of the company were exchanged, compared to its average volume of 1,363,627. The company has a debt-to-equity ratio of 2.89, a quick ratio of 0.67 and a current ratio of 0.67. AerCap Holdings has a 1-year low of $81.93 and a 1-year high of $107.36. The firm's 50 day simple moving average is $99.61 and its 200 day simple moving average is $97.16. The firm has a market cap of $16.64 billion, a P/E ratio of 7.01, a P/E/G ratio of 2.22 and a beta of 1.46.

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

AerCap announced that its Board of Directors has approved a share buyback program on Wednesday, February 26th that allows the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization allows the financial services provider to reacquire up to 4.9% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company's leadership believes its stock is undervalued.

AerCap Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, April 3rd. Shareholders of record on Wednesday, March 12th were paid a $0.27 dividend. This is a boost from AerCap's previous quarterly dividend of $0.25. The ex-dividend date was Wednesday, March 12th. This represents a $1.08 annualized dividend and a yield of 1.21%. AerCap's payout ratio is presently 9.99%.

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.