River Road Asset Management LLC Makes New $3.72 Million Investment in AerCap Holdings (NYSE:AER)

River Road Asset Management LLC acquired a new position in AerCap Holdings (NYSE:AER - Free Report) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 39,291 shares of the financial services provider's stock, valued at approximately $3,722,000.

Other large investors have also recently modified their holdings of the company. Blue Trust Inc. grew its stake in shares of AerCap by 89.9% during the second quarter. Blue Trust Inc. now owns 283 shares of the financial services provider's stock worth $25,000 after acquiring an additional 134 shares during the last quarter. Mather Group LLC. increased its stake in AerCap by 230.1% during the 2nd quarter. Mather Group LLC. now owns 307 shares of the financial services provider's stock valued at $27,000 after purchasing an additional 214 shares in the last quarter. UMB Bank n.a. increased its stake in AerCap by 35.5% during 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 in the last quarter. Federated Hermes Inc. raised its holdings in shares of 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 buying an additional 1,060 shares during the last quarter. Finally, Headlands Technologies LLC acquired a new stake in shares of AerCap during the first quarter worth $185,000. Institutional investors own 96.42% of the company's stock.

Wall Street Analyst Weigh In

AER has been the subject of a number of research analyst reports. Barclays raised their target price on AerCap from $111.00 to $113.00 and gave the stock an "overweight" rating in a research note on Friday, August 2nd. Deutsche Bank Aktiengesellschaft lifted their target price on AerCap from $110.00 to $115.00 and gave the stock a "buy" rating in a report on Tuesday, October 22nd. 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. Finally, TD Cowen restated a "buy" rating and set a $125.00 price objective on shares of AerCap in a research note on Monday, July 29th. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $110.83.

AerCap Stock Performance

AER stock traded up $3.34 during trading on Wednesday, hitting $99.00. 1,691,511 shares of the company traded hands, compared to its average volume of 1,454,169. The company has a debt-to-equity ratio of 2.89, a current ratio of 0.67 and a quick ratio of 0.67. AerCap Holdings has a 1 year low of $63.34 and a 1 year high of $99.30. The stock's 50-day simple moving average is $94.81 and its 200 day simple moving average is $92.88. The company has a market cap of $19.60 billion, a PE ratio of 7.58, a P/E/G ratio of 2.13 and a beta of 1.83.

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

AerCap Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 5th. Investors 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 yield of 1.01%. AerCap's payout ratio 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.