AerCap Holdings (NYSE:AER) Shares Sold by Troluce Capital Advisors LLC

Troluce Capital Advisors LLC lessened its holdings in AerCap Holdings (NYSE:AER - Free Report) by 99.7% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 443 shares of the financial services provider's stock after selling 171,857 shares during the period. Troluce Capital Advisors LLC's holdings in AerCap were worth $41,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of AER. Artisan Partners Limited Partnership purchased a new position in shares of AerCap during the fourth quarter valued at approximately $137,412,000. TOMS Capital Investment Management LP acquired a new position in AerCap during the fourth quarter worth approximately $133,330,000. Castle Hook Partners LP acquired a new position in AerCap during the first quarter worth approximately $94,062,000. Palestra Capital Management LLC acquired a new position in AerCap during the fourth quarter worth approximately $76,027,000. Finally, Point72 Asset Management L.P. increased its position 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 worth $61,846,000 after purchasing an additional 428,487 shares during the last quarter. Hedge funds and other institutional investors own 96.42% of the company's stock.

AerCap Stock Down 0.9 %

NYSE AER traded down $0.84 during trading hours on Wednesday, reaching $95.29. 887,310 shares of the company traded hands, compared to its average volume of 1,512,559. AerCap Holdings has a 12 month low of $57.30 and a 12 month high of $98.79. The company has a current ratio of 0.29, a quick ratio of 0.29 and a debt-to-equity ratio of 2.69. The stock has a market capitalization of $18.86 billion, a PE ratio of 6.25, a PEG ratio of 2.16 and a beta of 1.83. The company has a 50 day moving average of $93.48 and a two-hundred day moving average of $90.75.

AerCap (NYSE:AER - Get Free Report) last posted its quarterly earnings data on Thursday, August 1st. The financial services provider reported $3.01 EPS for the quarter, beating analysts' consensus estimates of $2.41 by $0.60. AerCap had a net margin of 42.02% and a return on equity of 15.12%. The firm had revenue of $1.96 billion for the quarter, compared to the consensus estimate of $1.89 billion. During the same period in the prior year, the firm posted $2.56 EPS. The firm's revenue was up 1.8% compared to the same quarter last year. As a group, equities analysts expect that AerCap Holdings will post 11.33 earnings per share for the current year.

AerCap Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 5th. Stockholders of record on Wednesday, August 14th were given a $0.25 dividend. The ex-dividend date of this dividend was Wednesday, August 14th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.05%. AerCap's payout ratio is currently 6.51%.

Analyst Ratings Changes

AER has been the subject of several research analyst reports. Barclays upped their price target on shares of AerCap from $111.00 to $113.00 and gave the stock an "overweight" rating in a research report on Friday, August 2nd. TD Cowen reissued a "buy" rating and issued a $125.00 price objective on shares of AerCap in a research report on Monday, July 29th. Susquehanna increased their price objective on shares of AerCap from $100.00 to $108.00 and gave the stock a "positive" rating in a research report on Friday, August 2nd. Finally, Morgan Stanley started coverage on shares of AerCap in a report on Friday, June 7th. They set an "equal weight" rating and a $103.00 price target for the company. One research analyst has rated the stock with a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat, AerCap currently has a consensus rating of "Moderate Buy" and a consensus price target of $102.38.

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.