Tower View Wealth Management LLC Makes New $1.71 Million Investment in AerCap Holdings (NYSE:AER)

Tower View Wealth Management LLC acquired a new stake in shares of AerCap Holdings (NYSE:AER - Free Report) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 18,063 shares of the financial services provider's stock, valued at approximately $1,711,000.

A number of other large investors have also bought and sold shares of AER. Wealth Enhancement Advisory Services LLC grew its stake in AerCap by 2.9% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 22,051 shares of the financial services provider's stock valued at $1,916,000 after buying an additional 618 shares in the last quarter. Measured Wealth Private Client Group LLC raised its stake in shares of AerCap by 5.8% during the 1st quarter. Measured Wealth Private Client Group LLC now owns 3,940 shares of the financial services provider's stock valued at $342,000 after purchasing an additional 215 shares during the period. Wealthstar Advisors LLC lifted its holdings in AerCap by 1.3% during the 1st quarter. Wealthstar Advisors LLC now owns 12,843 shares of the financial services provider's stock worth $1,116,000 after purchasing an additional 160 shares in the last quarter. Leeward Investments LLC MA boosted its stake in AerCap by 4.0% in the 1st quarter. Leeward Investments LLC MA now owns 232,649 shares of the financial services provider's stock worth $20,220,000 after purchasing an additional 8,935 shares during the period. Finally, Commonwealth Equity Services LLC boosted its stake in AerCap by 177.3% in the 1st quarter. Commonwealth Equity Services LLC now owns 8,137 shares of the financial services provider's stock worth $707,000 after purchasing an additional 5,203 shares during the period. 96.42% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on AER shares. Susquehanna increased their price target on shares of AerCap from $100.00 to $108.00 and gave the stock a "positive" rating in a report on Friday, August 2nd. TD Cowen reiterated a "buy" rating and issued a $125.00 target price on shares of AerCap in a research note on Monday, July 29th. Deutsche Bank Aktiengesellschaft raised their price target on shares of AerCap from $110.00 to $115.00 and gave the company a "buy" rating in a report on Tuesday, October 22nd. Finally, Barclays upped their price target on shares of AerCap from $111.00 to $113.00 and gave the stock an "overweight" rating in a report on Friday, August 2nd. One research analyst has rated the stock with a hold rating and six have issued a buy rating to the company's stock. According to MarketBeat, AerCap presently has a consensus rating of "Moderate Buy" and an average price target of $106.43.

AerCap Price Performance

Shares of NYSE:AER traded up $0.67 during trading on Monday, reaching $96.09. The company had a trading volume of 877,524 shares, compared to its average volume of 1,450,878. The company has a fifty day moving average of $94.81 and a two-hundred day moving average of $92.39. AerCap Holdings has a 12 month low of $59.72 and a 12 month high of $99.30. 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 $19.02 billion, a P/E ratio of 6.25, a price-to-earnings-growth ratio of 2.13 and a beta of 1.83.

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

AerCap Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 5th. Stockholders of record on Wednesday, August 14th were paid a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.04%. The ex-dividend date of this dividend was Wednesday, August 14th. AerCap's dividend payout ratio (DPR) is presently 6.51%.

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.