Moors & Cabot Inc. Has $785,000 Stake in AerCap Holdings (NYSE:AER)

Moors & Cabot Inc. raised its holdings in shares of AerCap Holdings (NYSE:AER - Free Report) by 77.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 8,199 shares of the financial services provider's stock after purchasing an additional 3,580 shares during the period. Moors & Cabot Inc.'s holdings in AerCap were worth $785,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of AER. Darsana Capital Partners LP bought a new position in shares of AerCap during the third quarter worth about $94,720,000. TOMS Capital Investment Management LP acquired a new stake in AerCap in the third quarter worth about $60,526,000. KBC Group NV lifted its holdings in AerCap by 137.8% in the fourth quarter. KBC Group NV now owns 834,452 shares of the financial services provider's stock worth $79,857,000 after purchasing an additional 483,564 shares during the period. State Street Corp lifted its holdings in AerCap by 8.3% in the third quarter. State Street Corp now owns 4,862,517 shares of the financial services provider's stock worth $460,579,000 after purchasing an additional 370,906 shares during the period. Finally, River Road Asset Management LLC lifted its holdings in AerCap by 896.4% in the fourth quarter. River Road Asset Management LLC now owns 391,506 shares of the financial services provider's stock worth $37,467,000 after purchasing an additional 352,215 shares during the period. Institutional investors own 96.42% of the company's stock.

AerCap Price Performance

NYSE AER traded up $1.31 on Wednesday, reaching $104.35. The company's stock had a trading volume of 1,367,756 shares, compared to its average volume of 1,272,393. 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 twelve month low of $81.93 and a twelve month high of $107.36. The stock has a market cap of $19.49 billion, a PE ratio of 8.27, a PEG ratio of 2.22 and a beta of 1.83. The firm's 50 day moving average is $98.40 and its two-hundred day moving average is $96.53.

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AerCap (NYSE:AER - Get Free Report) last posted its quarterly earnings data on Wednesday, February 26th. The financial services provider reported $3.31 EPS for the quarter, beating 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 company had revenue of $2.07 billion during the quarter, compared to analyst estimates of $1.97 billion. As a group, sell-side analysts predict that AerCap Holdings will post 11.29 EPS for the current year.

AerCap announced that its board has approved a share repurchase plan on Wednesday, February 26th that permits the company to buyback $1.00 billion in shares. This buyback authorization permits the financial services provider to purchase up to 4.9% of its shares through open market purchases. Shares buyback plans are typically a sign that the company's management believes its shares are undervalued.

AerCap Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 3rd. Shareholders of record on Wednesday, March 12th will be paid a dividend of $0.27 per share. The ex-dividend date of this dividend is Wednesday, March 12th. This is a positive change from AerCap's previous quarterly dividend of $0.25. This represents a $1.08 dividend on an annualized basis and a yield of 1.03%. AerCap's dividend payout ratio is currently 9.99%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the stock. Bank of America upped their price objective on shares of AerCap from $105.00 to $125.00 and gave the stock a "buy" rating in a report on Friday, March 7th. UBS Group downgraded shares of AerCap to an "underperform" rating in a report on Friday, March 7th. Susquehanna upped their price objective on shares of AerCap from $108.00 to $120.00 and gave the stock a "positive" rating in a report on Thursday, February 27th. Barclays reissued an "overweight" rating and issued a $115.00 price target (up from $113.00) on shares of AerCap in a report on Thursday, February 27th. Finally, The Goldman Sachs Group reissued a "buy" rating and issued a $119.00 price target on shares of AerCap in a report on Thursday, November 21st. One investment analyst has rated the stock with a sell rating, one has given a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat.com, AerCap presently has a consensus rating of "Moderate Buy" and a consensus price target of $117.43.

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.