AerCap Holdings (NYSE:AER) Stock Holdings Boosted by Assenagon Asset Management S.A.

Assenagon Asset Management S.A. raised its holdings in AerCap Holdings (NYSE:AER - Free Report) by 176.2% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 753,267 shares of the financial services provider's stock after purchasing an additional 480,551 shares during the period. Assenagon Asset Management S.A. owned 0.38% of AerCap worth $71,349,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Donald Smith & CO. Inc. increased its position in AerCap by 0.3% during the first quarter. Donald Smith & CO. Inc. now owns 4,080,070 shares of the financial services provider's stock worth $354,599,000 after buying an additional 10,670 shares in the last quarter. Barrow Hanley Mewhinney & Strauss LLC raised its stake in AerCap by 12.6% in the 2nd quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 1,860,757 shares of the financial services provider's stock valued at $173,423,000 after purchasing an additional 208,407 shares during the last quarter. Castle Hook Partners LP purchased a new position in AerCap in the 1st quarter valued at about $94,062,000. AGF Management Ltd. boosted its stake in shares of AerCap by 35.4% during the 2nd quarter. AGF Management Ltd. now owns 1,068,447 shares of the financial services provider's stock worth $99,579,000 after purchasing an additional 279,561 shares during the last quarter. Finally, Russell Investments Group Ltd. raised its position in shares of AerCap by 37.9% in the first quarter. Russell Investments Group Ltd. now owns 998,526 shares of the financial services provider's stock valued at $86,783,000 after buying an additional 274,558 shares during the last quarter. Hedge funds and other institutional investors own 96.42% of the company's stock.

AerCap Stock Down 0.2 %

Shares of NYSE AER traded down $0.21 during trading on Thursday, reaching $95.45. 480,295 shares of the stock were exchanged, compared to its average volume of 1,456,878. The company has a market capitalization of $18.89 billion, a price-to-earnings ratio of 6.21, a price-to-earnings-growth ratio of 2.13 and a beta of 1.83. AerCap Holdings has a twelve month low of $58.46 and a twelve month high of $99.30. The company has a quick ratio of 0.29, a current ratio of 0.29 and a debt-to-equity ratio of 2.69. The business's 50-day moving average price is $94.75 and its 200 day moving average price is $92.16.

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

AerCap Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 5th. Shareholders of record on Wednesday, August 14th were paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 1.05%. The ex-dividend date was Wednesday, August 14th. AerCap's payout ratio is currently 6.51%.

Wall Street Analysts Forecast Growth

AER has been the topic of a number of recent analyst reports. Susquehanna increased their price target on AerCap from $100.00 to $108.00 and gave the stock a "positive" rating in a research note on Friday, August 2nd. Deutsche Bank Aktiengesellschaft raised their target price on shares of AerCap from $110.00 to $115.00 and gave the stock a "buy" rating in a research report on Tuesday. TD Cowen reaffirmed a "buy" rating and set a $125.00 price target on shares of AerCap in a research report on Monday, July 29th. Finally, Barclays boosted their price objective on shares of AerCap from $111.00 to $113.00 and gave the company an "overweight" rating in a research note on Friday, August 2nd. One investment analyst has rated the stock with a hold rating and six have issued a buy rating to the company's stock. According to MarketBeat.com, AerCap presently has a consensus rating of "Moderate Buy" and an average target price of $106.43.

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.