Janus Henderson Group PLC Acquires 30,816 Shares of AerCap Holdings (NYSE:AER)

Janus Henderson Group PLC increased its stake in shares of AerCap Holdings (NYSE:AER - Free Report) by 13.8% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 254,201 shares of the financial services provider's stock after acquiring an additional 30,816 shares during the quarter. Janus Henderson Group PLC owned about 0.13% of AerCap worth $24,073,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Darsana Capital Partners LP purchased a new stake in AerCap during the third quarter valued at $94,720,000. TOMS Capital Investment Management LP purchased a new stake in AerCap during the third quarter valued at $60,526,000. Assenagon Asset Management S.A. raised its stake in AerCap by 176.2% during the third quarter. Assenagon Asset Management S.A. now owns 753,267 shares of the financial services provider's stock valued at $71,349,000 after purchasing an additional 480,551 shares in the last quarter. Point72 Asset Management L.P. raised its stake in AerCap by 182.3% during the second quarter. Point72 Asset Management L.P. now owns 663,587 shares of the financial services provider's stock valued at $61,846,000 after purchasing an additional 428,487 shares in the last quarter. Finally, Wedge Capital Management L L P NC raised its stake in AerCap by 3,568.6% during the third 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 purchasing an additional 416,096 shares in the last quarter. Institutional investors own 96.42% of the company's stock.

AerCap Trading Down 0.4 %

AER stock traded down $0.34 during trading on Friday, hitting $95.91. The company had a trading volume of 802,956 shares, compared to its average volume of 971,422. The firm has a market capitalization of $18.98 billion, a P/E ratio of 7.60, a PEG ratio of 2.22 and a beta of 1.82. AerCap Holdings has a 52-week low of $69.15 and a 52-week high of $100.81. The company has a 50 day simple moving average of $96.18 and a 200-day simple moving average of $94.29. 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 (NYSE:AER - Get Free Report) last posted its quarterly earnings results on Wednesday, October 30th. The financial services provider reported $2.41 EPS for the quarter, hitting the consensus estimate of $2.41. The company 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 firm's revenue was up 3.0% compared to the same quarter last year. During the same quarter last year, the firm posted $2.81 EPS. As a group, research analysts forecast that AerCap Holdings will post 11.26 earnings per share for the current fiscal year.

AerCap Announces Dividend

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

Wall Street Analyst Weigh In

A number of research firms recently issued reports on AER. The Goldman Sachs Group reaffirmed a "buy" rating and set a $119.00 price target on shares of AerCap in a research note on Thursday, November 21st. Deutsche Bank Aktiengesellschaft increased their target price on shares of AerCap from $110.00 to $115.00 and gave the company a "buy" rating in a research note on Tuesday, October 22nd. One equities research analyst has rated the stock with a hold rating and six have issued a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target 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.