Robeco Institutional Asset Management B.V. decreased its holdings in AerCap Holdings (NYSE:AER - Free Report) by 6.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 102,363 shares of the financial services provider's stock after selling 7,281 shares during the period. Robeco Institutional Asset Management B.V. owned about 0.05% of AerCap worth $9,696,000 as of its most recent filing with the Securities & Exchange Commission.
Several other large investors also recently bought and sold shares of the stock. Blue Trust Inc. grew its position in shares of 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 buying an additional 134 shares during the last quarter. Mather Group LLC. increased its position in shares of AerCap by 230.1% during 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 in the last quarter. UMB Bank n.a. lifted its holdings in shares of 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. Federated Hermes Inc. increased its position in AerCap by 209.1% during 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 period. Finally, Gordian Capital Singapore Pte Ltd boosted its holdings in shares of AerCap by 33.3% in the second quarter. Gordian Capital Singapore Pte Ltd now owns 2,000 shares of the financial services provider's stock valued at $186,000 after acquiring an additional 500 shares during the period. Hedge funds and other institutional investors own 96.42% of the company's stock.
AerCap Stock Performance
NYSE:AER traded up $0.60 during mid-day trading on Friday, reaching $98.29. The stock had a trading volume of 330,120 shares, compared to its average volume of 1,448,755. The company has a debt-to-equity ratio of 2.89, a quick ratio of 0.67 and a current ratio of 0.67. The business has a 50 day simple moving average of $94.93 and a 200 day simple moving average of $92.95. AerCap Holdings has a twelve month low of $65.34 and a twelve month high of $99.68. The firm has a market capitalization of $19.45 billion, a price-to-earnings ratio of 7.79, a PEG ratio of 2.12 and a beta of 1.83.
AerCap (NYSE:AER - Get Free Report) last released its quarterly earnings data on Wednesday, October 30th. The financial services provider reported $2.41 earnings per share (EPS) for the quarter, hitting the consensus estimate of $2.41. AerCap had a return on equity of 13.98% and a net margin of 32.38%. The firm had revenue of $1.95 billion during the quarter, compared to analysts' expectations of $1.92 billion. During the same quarter in the prior year, the business posted $2.81 earnings per share. AerCap's revenue was up 3.0% compared to the same quarter last year. On average, analysts expect that AerCap Holdings will post 11.26 earnings per share for the current fiscal year.
AerCap Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 5th. Investors of record on Wednesday, November 13th will be issued a dividend of $0.25 per share. The ex-dividend date is Wednesday, November 13th. This represents a $1.00 annualized dividend and a yield of 1.02%. AerCap's dividend payout ratio is presently 7.92%.
Wall Street Analysts Forecast Growth
A number of equities analysts have recently commented on AER shares. Susquehanna lifted their target price on shares of AerCap from $100.00 to $108.00 and gave the company a "positive" rating in a report on Friday, August 2nd. Deutsche Bank Aktiengesellschaft increased their target price on shares of AerCap from $110.00 to $115.00 and gave the stock a "buy" rating in a research note on Tuesday, October 22nd. Barclays boosted their price target on AerCap from $111.00 to $113.00 and gave the company an "overweight" rating in a research report on Friday, August 2nd. Finally, TD Cowen reaffirmed a "buy" rating and set a $125.00 price objective on shares of AerCap in a research note on Monday, July 29th. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $110.83.
View Our Latest Stock Analysis on AerCap
AerCap Profile
(
Free Report)
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.
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