Sciencast Management LP Has $348,000 Stock Holdings in AerCap Holdings (NYSE:AER)

Sciencast Management LP lowered its stake in AerCap Holdings (NYSE:AER - Free Report) by 76.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 3,632 shares of the financial services provider's stock after selling 11,815 shares during the quarter. Sciencast Management LP's holdings in AerCap were worth $348,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Toth Financial Advisory Corp bought a new stake in AerCap in the 4th quarter valued at $29,000. Truvestments Capital LLC acquired a new position in AerCap during the 3rd quarter worth approximately $35,000. Fortitude Family Office LLC acquired a new stake in shares of AerCap in the fourth quarter valued at approximately $38,000. Transamerica Financial Advisors Inc. acquired a new position in AerCap during the third quarter worth $64,000. Finally, Quantbot Technologies LP acquired a new stake in AerCap in the 3rd quarter valued at $66,000. Institutional investors own 96.42% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the stock. Barclays restated an "overweight" rating and set a $115.00 price objective (up from $113.00) on shares of AerCap in a research note on Thursday, February 27th. Susquehanna increased their price target on AerCap from $108.00 to $120.00 and gave the company a "positive" rating in a research report on Thursday, February 27th. Bank of America boosted their price target on AerCap from $105.00 to $125.00 and gave the stock a "buy" rating in a research report on Friday, March 7th. Finally, UBS Group downgraded AerCap to an "underperform" rating in a report on Friday, March 7th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $117.43.

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AerCap Stock Performance

Shares of AER traded down $0.38 during mid-day trading on Thursday, reaching $102.94. The company's stock had a trading volume of 841,347 shares, compared to its average volume of 1,263,733. 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 1-year low of $81.93 and a 1-year high of $107.36. The business has a 50-day simple moving average of $99.34 and a two-hundred day simple moving average of $96.94. The stock has a market cap of $19.23 billion, a P/E ratio of 8.16, a PEG ratio of 2.22 and a beta of 1.83.

AerCap (NYSE:AER - Get Free Report) last announced its quarterly earnings results on Wednesday, February 26th. The financial services provider reported $3.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.56 by $0.75. AerCap had a return on equity of 13.98% and a net margin of 32.38%. The business had revenue of $2.07 billion during the quarter, compared to the consensus estimate of $1.97 billion. As a group, equities research analysts anticipate that AerCap Holdings will post 11.29 earnings per share for the current fiscal year.

AerCap announced that its Board of Directors has initiated a stock buyback program on Wednesday, February 26th that authorizes the company to buyback $1.00 billion in shares. This buyback authorization authorizes the financial services provider to repurchase up to 4.9% of its stock through open market purchases. Stock buyback programs are usually a sign that the company's leadership believes its stock is undervalued.

AerCap Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 3rd. Investors of record on Wednesday, March 12th will be paid a $0.27 dividend. The ex-dividend date is Wednesday, March 12th. This represents a $1.08 dividend on an annualized basis and a yield of 1.05%. This is a positive change from AerCap's previous quarterly dividend of $0.25. AerCap's dividend payout ratio is 9.99%.

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.