Quantinno Capital Management LP Increases Stock Holdings in AerCap Holdings (NYSE:AER)

Quantinno Capital Management LP lifted its holdings in shares of AerCap Holdings (NYSE:AER - Free Report) by 19.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 33,737 shares of the financial services provider's stock after buying an additional 5,567 shares during the quarter. Quantinno Capital Management LP's holdings in AerCap were worth $3,196,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the business. First Horizon Advisors Inc. raised its stake in shares of AerCap by 15.3% during the 3rd quarter. First Horizon Advisors Inc. now owns 814 shares of the financial services provider's stock worth $77,000 after buying an additional 108 shares during the period. Dupree Financial Group LLC raised its stake in shares of AerCap by 0.4% during the 3rd quarter. Dupree Financial Group LLC now owns 28,395 shares of the financial services provider's stock worth $2,690,000 after buying an additional 121 shares during the period. Sequoia Financial Advisors LLC raised its stake in shares of AerCap by 1.9% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 6,919 shares of the financial services provider's stock worth $645,000 after buying an additional 129 shares during the period. Blue Trust Inc. raised its stake in AerCap by 89.9% in the 2nd quarter. Blue Trust Inc. now owns 283 shares of the financial services provider's stock valued at $25,000 after purchasing an additional 134 shares during the last quarter. Finally, UMB Bank n.a. raised its stake in AerCap by 35.5% in the 3rd quarter. UMB Bank n.a. now owns 664 shares of the financial services provider's stock valued at $63,000 after purchasing an additional 174 shares during the last quarter. 96.42% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

AER has been the subject of several recent research reports. The Goldman Sachs Group reissued a "buy" rating and issued a $119.00 price objective on shares of AerCap in a research note on Thursday, November 21st. Deutsche Bank Aktiengesellschaft raised their target price on AerCap from $110.00 to $115.00 and gave the stock a "buy" rating in a research note on Tuesday, October 22nd. One equities research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. According to MarketBeat.com, AerCap presently has an average rating of "Moderate Buy" and an average price target of $112.00.

AerCap Trading Up 1.1 %

Shares of NYSE AER traded up $1.09 during mid-day trading on Tuesday, reaching $96.36. 546,894 shares of the company's stock were exchanged, compared to its average volume of 1,408,465. The firm has a market capitalization of $19.07 billion, a price-to-earnings ratio of 7.55, a PEG ratio of 2.16 and a beta of 1.82. The company has a debt-to-equity ratio of 2.89, a quick ratio of 0.67 and a current ratio of 0.67. AerCap Holdings has a 52-week low of $70.48 and a 52-week high of $100.81. The company's 50-day moving average is $96.20 and its 200-day moving average is $94.32.

AerCap (NYSE:AER - Get Free Report) last released its quarterly earnings results on Wednesday, October 30th. The financial services provider reported $2.41 earnings per share for the quarter, hitting analysts' consensus estimates of $2.41. AerCap had a return on equity of 13.98% and a net margin of 32.38%. The business had revenue of $1.95 billion during the quarter, compared to analysts' expectations of $1.92 billion. During the same period in the prior year, the business posted $2.81 EPS. The company's revenue was up 3.0% compared to the same quarter last year. Analysts expect that AerCap Holdings will post 11.26 EPS for the current fiscal year.

AerCap Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, December 5th. Investors of record on Wednesday, November 13th were issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 1.04%. The ex-dividend date was Wednesday, November 13th. AerCap's dividend payout ratio (DPR) is 7.92%.

AerCap Company 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.