Thompson Siegel & Walmsley LLC Sells 36,700 Shares of AerCap Holdings (NYSE:AER)

Thompson Siegel & Walmsley LLC lowered its position in AerCap Holdings (NYSE:AER - Free Report) by 2.2% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,645,420 shares of the financial services provider's stock after selling 36,700 shares during the period. AerCap comprises approximately 2.3% of Thompson Siegel & Walmsley LLC's holdings, making the stock its largest position. Thompson Siegel & Walmsley LLC owned about 0.83% of AerCap worth $155,854,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the business. BNP PARIBAS ASSET MANAGEMENT Holding S.A. increased its holdings in shares of AerCap by 1.7% in the 3rd quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 170,166 shares of the financial services provider's stock valued at $16,118,000 after purchasing an additional 2,921 shares in the last quarter. Ontario Teachers Pension Plan Board increased its holdings in AerCap by 212.3% in the third quarter. Ontario Teachers Pension Plan Board now owns 8,709 shares of the financial services provider's stock valued at $825,000 after buying an additional 5,920 shares in the last quarter. First Horizon Advisors Inc. boosted 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 acquiring an additional 108 shares in the last quarter. Advisors Asset Management Inc. grew its holdings in shares of AerCap by 9.6% in the 3rd quarter. Advisors Asset Management Inc. now owns 5,937 shares of the financial services provider's stock worth $562,000 after acquiring an additional 520 shares during the period. Finally, Connor Clark & Lunn Investment Management Ltd. increased its stake in AerCap by 66.8% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 279,803 shares of the financial services provider's stock valued at $26,503,000 after purchasing an additional 112,084 shares in the last quarter. 96.42% of the stock is owned by hedge funds and other institutional investors.

AerCap Stock Performance

NYSE:AER opened at $95.27 on Thursday. AerCap Holdings has a 1-year low of $66.34 and a 1-year high of $99.68. The firm has a 50 day simple moving average of $95.44 and a 200-day simple moving average of $93.63. The firm has a market cap of $18.86 billion, a PE ratio of 7.55, a P/E/G ratio of 2.16 and a beta of 1.83. 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 (NYSE:AER - Get Free Report) last issued its quarterly earnings results on Wednesday, October 30th. The financial services provider reported $2.41 earnings per share for the quarter, meeting the consensus estimate of $2.41. AerCap had a return on equity of 13.98% and a net margin of 32.38%. The company had revenue of $1.95 billion during the quarter, compared to the consensus estimate of $1.92 billion. During the same period in the previous year, the firm posted $2.81 EPS. AerCap's revenue was up 3.0% on a year-over-year basis. On average, equities analysts expect that AerCap Holdings will post 11.26 EPS for the current year.

AerCap Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 5th. Shareholders of record on Wednesday, November 13th will be paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 1.05%. The ex-dividend date is Wednesday, November 13th. AerCap's payout ratio is 7.92%.

Wall Street Analyst Weigh In

A number of analysts have commented on the company. Deutsche Bank Aktiengesellschaft boosted their target price on AerCap from $110.00 to $115.00 and gave the stock a "buy" rating in a research report on Tuesday, October 22nd. 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. TD Cowen restated a "buy" rating and set a $125.00 target price on shares of AerCap in a research report on Monday, July 29th. Barclays increased their price target on shares of AerCap from $111.00 to $113.00 and gave the company an "overweight" rating in a research report on Friday, August 2nd. Finally, Susquehanna lifted their price objective on AerCap from $100.00 to $108.00 and gave the stock a "positive" rating in a research report on Friday, August 2nd. One analyst has rated the stock with a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat.com, AerCap presently has an average rating of "Moderate Buy" and a consensus target price of $112.00.

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.

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