Luxor Capital Group LP Sells 84,363 Shares of AerCap Holdings (NYSE:AER)

Luxor Capital Group LP trimmed its holdings in shares of AerCap Holdings (NYSE:AER - Free Report) by 19.7% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 343,406 shares of the financial services provider's stock after selling 84,363 shares during the period. AerCap makes up approximately 2.0% of Luxor Capital Group LP's investment portfolio, making the stock its 13th largest holding. Luxor Capital Group LP owned 0.17% of AerCap worth $32,527,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of the business. Nomura Asset Management Co. Ltd. grew its holdings in AerCap by 0.5% during the third quarter. Nomura Asset Management Co. Ltd. now owns 58,671 shares of the financial services provider's stock worth $5,557,000 after acquiring an additional 320 shares during the period. Y Intercept Hong Kong Ltd grew its holdings in AerCap by 353.0% during the third quarter. Y Intercept Hong Kong Ltd now owns 19,778 shares of the financial services provider's stock worth $1,873,000 after acquiring an additional 15,412 shares during the period. MML Investors Services LLC boosted its position in shares of AerCap by 8.4% in the 3rd quarter. MML Investors Services LLC now owns 53,394 shares of the financial services provider's stock valued at $5,057,000 after purchasing an additional 4,117 shares during the period. XTX Topco Ltd acquired a new position in shares of AerCap in the 3rd quarter valued at $456,000. Finally, Soros Fund Management LLC boosted its position in shares of AerCap by 2.1% in the 3rd quarter. Soros Fund Management LLC now owns 1,589,896 shares of the financial services provider's stock valued at $150,595,000 after purchasing an additional 32,911 shares during the period. 96.42% of the stock is owned by institutional investors and hedge funds.

AerCap Stock Up 0.2 %

AER traded up $0.19 during midday trading on Monday, hitting $96.10. 400,824 shares of the company's stock traded hands, compared to its average volume of 1,410,775. The company has a market cap of $19.02 billion, a PE ratio of 7.60, a price-to-earnings-growth ratio of 2.16 and a beta of 1.82. The stock's fifty day simple moving average is $96.18 and its 200-day simple moving average is $94.29. 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 one year low of $70.48 and a one year high of $100.81.

AerCap (NYSE:AER - Get Free Report) last posted its 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 firm 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% on a year-over-year basis. During the same period in the prior year, the business posted $2.81 earnings per share. As a group, equities analysts anticipate 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. Shareholders of record on Wednesday, November 13th were issued a dividend of $0.25 per share. The ex-dividend date was Wednesday, November 13th. This represents a $1.00 annualized dividend and a yield of 1.04%. AerCap's dividend payout ratio (DPR) is presently 7.92%.

Wall Street Analyst Weigh In

AER has been the subject of a number of recent analyst reports. 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. The Goldman Sachs Group reiterated a "buy" rating and issued a $119.00 price target on shares of AerCap in a research report on Thursday, November 21st. One research analyst has rated the stock with a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat, AerCap presently has a consensus rating of "Moderate Buy" and an average price target of $112.00.

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.