Henry James International Management Inc. Cuts Stock Holdings in AerCap Holdings (NYSE:AER)

Henry James International Management Inc. lessened its stake in shares of AerCap Holdings (NYSE:AER - Free Report) by 4.8% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 125,646 shares of the financial services provider's stock after selling 6,366 shares during the quarter. AerCap comprises about 4.1% of Henry James International Management Inc.'s investment portfolio, making the stock its 7th biggest position. Henry James International Management Inc. owned about 0.06% of AerCap worth $11,901,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also made changes to their positions in AER. Dupree Financial Group LLC boosted its position in shares of AerCap by 0.4% in the third quarter. Dupree Financial Group LLC now owns 28,395 shares of the financial services provider's stock worth $2,690,000 after acquiring an additional 121 shares during the last quarter. Inspire Advisors LLC raised its holdings in shares of AerCap by 1.5% in the 1st quarter. Inspire Advisors LLC now owns 8,150 shares of the financial services provider's stock worth $708,000 after purchasing an additional 124 shares during the period. Sequoia Financial Advisors LLC lifted its stake in shares of AerCap by 1.9% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 6,919 shares of the financial services provider's stock valued at $645,000 after purchasing an additional 129 shares in the last quarter. Blue Trust Inc. raised its holdings in AerCap by 89.9% in the second quarter. Blue Trust Inc. now owns 283 shares of the financial services provider's stock valued at $25,000 after buying an additional 134 shares during the period. Finally, Massmutual Trust Co. FSB ADV lifted its position in AerCap by 3.0% during the second quarter. Massmutual Trust Co. FSB ADV now owns 4,935 shares of the financial services provider's stock valued at $460,000 after buying an additional 146 shares in the last quarter. 96.42% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on AER. Deutsche Bank Aktiengesellschaft upped their price target on shares of AerCap from $110.00 to $115.00 and gave the stock a "buy" rating in a research report on Tuesday, October 22nd. Barclays increased 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. Susquehanna lifted their target price on AerCap from $100.00 to $108.00 and gave the company a "positive" rating in a research note on Friday, August 2nd. Finally, TD Cowen reiterated a "buy" rating and issued a $125.00 price objective on shares of AerCap in a research report on Monday, July 29th. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, AerCap has a consensus rating of "Moderate Buy" and an average target price of $110.83.

AerCap Price Performance

Shares of AerCap stock traded down $0.37 during trading on Monday, hitting $93.94. The stock had a trading volume of 1,126,337 shares, compared to its average volume of 1,452,839. The business has a fifty day moving average of $94.80 and a two-hundred day moving average of $92.72. The firm has a market cap of $18.59 billion, a P/E ratio of 7.47, a PEG ratio of 2.22 and a beta of 1.83. AerCap Holdings has a fifty-two week low of $63.34 and a fifty-two week high of $99.30. The company has a debt-to-equity ratio of 2.89, a current ratio of 0.67 and a quick ratio of 0.29.

AerCap (NYSE:AER - Get Free Report) last posted its quarterly earnings data on Wednesday, October 30th. The financial services provider reported $2.41 earnings per share for the quarter, meeting the consensus estimate of $2.41. AerCap had a net margin of 32.38% and a return on equity of 13.98%. The company had revenue of $1.95 billion during the quarter, compared to analyst estimates of $1.92 billion. During the same quarter last year, the firm posted $2.81 EPS. The business's revenue for the quarter was up 3.0% on a year-over-year basis. On average, sell-side analysts expect that AerCap Holdings will post 10.7 earnings per share for the current fiscal year.

AerCap Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 5th. Shareholders of record on Wednesday, November 13th will be issued a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 1.06%. The ex-dividend date is Wednesday, November 13th. AerCap's payout ratio is 7.92%.

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.