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AerCap Holdings (NYSE:AER) Shares Purchased by MML Investors Services LLC

AerCap logo with Transportation background

MML Investors Services LLC increased its stake in shares of AerCap Holdings (NYSE:AER - Free Report) by 8.9% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 58,155 shares of the financial services provider's stock after acquiring an additional 4,761 shares during the period. MML Investors Services LLC's holdings in AerCap were worth $5,565,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of AER. Sumitomo Mitsui DS Asset Management Company Ltd grew its position in shares of AerCap by 0.6% during the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 19,192 shares of the financial services provider's stock worth $1,837,000 after buying an additional 115 shares in the last quarter. Signaturefd LLC increased its holdings in AerCap by 3.2% in the fourth quarter. Signaturefd LLC now owns 5,717 shares of the financial services provider's stock valued at $547,000 after buying an additional 177 shares during the last quarter. Dorsey & Whitney Trust CO LLC raised its stake in AerCap by 3.8% during the fourth quarter. Dorsey & Whitney Trust CO LLC now owns 5,322 shares of the financial services provider's stock valued at $509,000 after buying an additional 194 shares in the last quarter. Inspire Advisors LLC lifted its holdings in AerCap by 3.4% during the 4th 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% during the 4th quarter. Williamson Legacy Group LLC now owns 10,674 shares of the financial services provider's stock worth $1,022,000 after buying an additional 261 shares during the last quarter. Institutional investors and hedge funds own 96.42% of the company's stock.

Analyst Ratings Changes

AER has been the topic of several research reports. Barclays reissued an "overweight" rating and set a $115.00 price target (up from $113.00) on shares of AerCap in a research report on Thursday, February 27th. Susquehanna increased their target price on shares of AerCap from $108.00 to $120.00 and gave the stock a "positive" rating in a report on Thursday, February 27th. UBS Group lowered shares of AerCap to an "underperform" rating in a report on Friday, March 7th. Morgan Stanley dropped their price objective on shares of AerCap from $112.00 to $101.00 and set an "equal weight" rating on the stock in a research note on Friday, April 11th. Finally, Bank of America lifted their target price on AerCap from $105.00 to $125.00 and gave the company a "buy" rating in a research note on Friday, March 7th. One analyst has rated the stock with a sell rating, one has issued a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat, AerCap presently has a consensus rating of "Moderate Buy" and an average price target of $117.14.

Read Our Latest Stock Analysis on AerCap

AerCap Stock Performance

NYSE:AER traded up $0.52 during mid-day trading on Monday, hitting $103.82. The stock had a trading volume of 2,443,090 shares, compared to its average volume of 1,406,645. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 2.89. The company has a 50 day simple moving average of $99.29 and a 200-day simple moving average of $97.36. The stock has a market capitalization of $19.39 billion, a price-to-earnings ratio of 8.23, a P/E/G ratio of 2.22 and a beta of 1.46. AerCap Holdings has a 52 week low of $82.21 and a 52 week high of $107.36.

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

AerCap Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 3rd. Shareholders of record on Wednesday, March 12th were given a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a yield of 1.04%. The ex-dividend date of this dividend was Wednesday, March 12th. This is a positive change from AerCap's previous quarterly dividend of $0.25. AerCap's payout ratio is 9.99%.

AerCap announced that its Board of Directors has authorized a share repurchase plan on Wednesday, February 26th that authorizes the company to buyback $1.00 billion in outstanding shares. This buyback authorization authorizes the financial services provider to purchase up to 4.9% of its stock through open market purchases. Stock buyback plans are typically an indication that the company's leadership believes its shares are undervalued.

AerCap Profile

(Free Report)

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.

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Institutional Ownership by Quarter for AerCap (NYSE:AER)

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