AerCap Holdings (NYSE:AER) Shares Sold by Sei Investments Co.

Sei Investments Co. decreased its position in shares of AerCap Holdings (NYSE:AER - Free Report) by 5.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 646,391 shares of the financial services provider's stock after selling 37,511 shares during the period. Sei Investments Co. owned 0.33% of AerCap worth $61,860,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in AER. Darsana Capital Partners LP acquired a new position in shares of AerCap in the 3rd quarter valued at $94,720,000. TOMS Capital Investment Management LP purchased a new position in AerCap during the 3rd quarter worth $60,526,000. KBC Group NV increased its stake in AerCap by 137.8% in the fourth quarter. KBC Group NV now owns 834,452 shares of the financial services provider's stock valued at $79,857,000 after purchasing an additional 483,564 shares during the period. State Street Corp raised its holdings in shares of AerCap by 8.3% in the third quarter. State Street Corp now owns 4,862,517 shares of the financial services provider's stock valued at $460,579,000 after buying an additional 370,906 shares during the last quarter. Finally, River Road Asset Management LLC boosted its stake in shares of AerCap by 896.4% during the fourth quarter. River Road Asset Management LLC now owns 391,506 shares of the financial services provider's stock worth $37,467,000 after buying an additional 352,215 shares during the period. Hedge funds and other institutional investors own 96.42% of the company's stock.

Wall Street Analysts Forecast Growth

AER has been the subject of several analyst reports. Bank of America upped their price objective on AerCap from $105.00 to $125.00 and gave the company a "buy" rating in a research note on Friday, March 7th. Susquehanna boosted their target price on AerCap from $108.00 to $120.00 and gave the company a "positive" rating in a report on Thursday, February 27th. UBS Group downgraded AerCap to an "underperform" rating in a report on Friday, March 7th. Finally, Barclays reissued an "overweight" rating and issued a $115.00 price objective (up from $113.00) on shares of AerCap in a research note on Thursday, February 27th. One research analyst has rated the stock with a sell rating, one has given a hold rating and six have given a buy rating to the company. According to data from MarketBeat.com, AerCap currently has an average rating of "Moderate Buy" and a consensus target price of $117.43.

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AerCap Price Performance

NYSE:AER traded down $0.38 during trading hours on Thursday, hitting $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 market capitalization of $19.23 billion, a PE ratio of 8.16, a PEG ratio of 2.22 and a beta of 1.83. AerCap Holdings has a 52-week low of $81.93 and a 52-week high of $107.36. The business's 50-day moving average is $99.34 and its two-hundred day moving average is $96.94. 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 (NYSE:AER - Get Free Report) last announced its quarterly earnings data on Wednesday, February 26th. The financial services provider reported $3.31 EPS for the quarter, beating the consensus estimate of $2.56 by $0.75. AerCap had a net margin of 32.38% and a return on equity of 13.98%. The firm had revenue of $2.07 billion during the quarter, compared to analysts' expectations of $1.97 billion. As a group, research analysts anticipate that AerCap Holdings will post 11.29 EPS for the current fiscal year.

AerCap announced that its board has authorized a stock buyback plan on Wednesday, February 26th that permits the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization permits the financial services provider to reacquire up to 4.9% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company's board believes its shares are undervalued.

AerCap Increases Dividend

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

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.