Ontario Teachers Pension Plan Board Has $825,000 Position in AerCap Holdings (NYSE:AER)

Ontario Teachers Pension Plan Board lifted its position in shares of AerCap Holdings (NYSE:AER - Free Report) by 212.3% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 8,709 shares of the financial services provider's stock after acquiring an additional 5,920 shares during the period. Ontario Teachers Pension Plan Board's holdings in AerCap were worth $825,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of AER. Blue Trust Inc. lifted 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 worth $25,000 after purchasing an additional 134 shares during the period. Mather Group LLC. lifted its holdings in AerCap by 230.1% in the second quarter. Mather Group LLC. now owns 307 shares of the financial services provider's stock worth $27,000 after purchasing an additional 214 shares during the period. UMB Bank n.a. lifted its holdings in AerCap by 35.5% in the third quarter. UMB Bank n.a. now owns 664 shares of the financial services provider's stock worth $63,000 after purchasing an additional 174 shares during the period. First Horizon Advisors Inc. lifted its holdings in AerCap by 15.3% in the third quarter. First Horizon Advisors Inc. now owns 814 shares of the financial services provider's stock worth $77,000 after purchasing an additional 108 shares during the period. Finally, Federated Hermes Inc. lifted its holdings in AerCap by 209.1% in the second quarter. Federated Hermes Inc. now owns 1,567 shares of the financial services provider's stock worth $146,000 after purchasing an additional 1,060 shares during the period. Institutional investors own 96.42% of the company's stock.

Wall Street Analyst Weigh In

AER has been the subject of several research analyst reports. Deutsche Bank Aktiengesellschaft upped their price objective on shares of AerCap from $110.00 to $115.00 and gave the stock a "buy" rating in a report on Tuesday, October 22nd. Susquehanna upped their price target on shares of AerCap from $100.00 to $108.00 and gave the company a "positive" rating in a report on Friday, August 2nd. TD Cowen reissued a "buy" rating and issued a $125.00 price target on shares of AerCap in a report on Monday, July 29th. The Goldman Sachs Group reissued a "buy" rating and issued a $119.00 price target on shares of AerCap in a report on Thursday. Finally, Barclays upped their price target on shares of AerCap from $111.00 to $113.00 and gave the company an "overweight" rating in a report on Friday, August 2nd. One analyst has rated the stock with a hold rating and six have issued a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $112.00.

AerCap Trading Up 0.3 %

AER stock traded up $0.31 during mid-day trading on Friday, reaching $98.03. 680,652 shares of the stock traded hands, compared to its average volume of 1,433,369. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 2.89. AerCap Holdings has a 52-week low of $66.34 and a 52-week high of $99.68. The company has a market cap of $19.40 billion, a P/E ratio of 7.78, a P/E/G ratio of 2.16 and a beta of 1.83. The stock's fifty day moving average is $95.54 and its 200-day moving average is $93.66.

AerCap (NYSE:AER - Get Free Report) last posted its quarterly earnings data on Wednesday, October 30th. The financial services provider reported $2.41 EPS for the quarter, meeting analysts' consensus estimates 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 period in the prior year, the firm earned $2.81 earnings per share. The business's quarterly revenue was up 3.0% on a year-over-year basis. As a group, sell-side analysts expect that AerCap Holdings will post 11.26 earnings per share for the current year.

AerCap Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 5th. Stockholders of record on Wednesday, November 13th will be issued a $0.25 dividend. The ex-dividend date of this dividend is Wednesday, November 13th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.02%. AerCap's dividend payout ratio is 7.92%.

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.