Tidal Investments LLC Acquires 6,211 Shares of AerCap Holdings (NYSE:AER)

Tidal Investments LLC lifted its holdings in AerCap Holdings (NYSE:AER - Free Report) by 271.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,496 shares of the financial services provider's stock after purchasing an additional 6,211 shares during the quarter. Tidal Investments LLC's holdings in AerCap were worth $805,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently modified their holdings of the company. Blue Trust Inc. raised its position in AerCap by 89.9% in the 2nd quarter. Blue Trust Inc. now owns 283 shares of the financial services provider's stock worth $25,000 after buying an additional 134 shares during the last quarter. Truvestments Capital LLC purchased a new stake in shares of AerCap in the 3rd quarter worth $35,000. UMB Bank n.a. raised its holdings in AerCap by 35.5% in the 3rd quarter. UMB Bank n.a. now owns 664 shares of the financial services provider's stock worth $63,000 after purchasing an additional 174 shares during the period. Transamerica Financial Advisors Inc. purchased a new position in AerCap during the third quarter valued at $64,000. Finally, Quantbot Technologies LP purchased a new position in AerCap during the third quarter valued at $66,000. Hedge funds and other institutional investors own 96.42% of the company's stock.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on AER. The Goldman Sachs Group restated a "buy" rating and issued a $119.00 price target on shares of AerCap in a research report on Thursday, November 21st. 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 report on Tuesday, October 22nd. One investment analyst has rated the stock with a hold rating and six have assigned a buy rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $112.00.

AerCap Price Performance

Shares of NYSE:AER traded up $1.45 during trading on Friday, hitting $94.53. 1,557,725 shares of the company's stock were exchanged, compared to its average volume of 1,403,363. The business's 50-day simple moving average is $96.38 and its 200 day simple moving average is $94.49. The company has a market cap of $18.71 billion, a price-to-earnings ratio of 7.49, a PEG ratio of 2.17 and a beta of 1.82. AerCap Holdings has a 52-week low of $70.48 and a 52-week high of $100.81. 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 announced its quarterly earnings data on Wednesday, October 30th. The financial services provider reported $2.41 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $2.41. AerCap had a net margin of 32.38% and a return on equity of 13.98%. The business had revenue of $1.95 billion during the quarter, compared to analyst estimates of $1.92 billion. During the same period last year, the firm posted $2.81 EPS. The company's revenue was up 3.0% on a year-over-year basis. As a group, equities analysts predict that AerCap Holdings will post 11.26 EPS for the current year.

AerCap Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, December 5th. Shareholders of record on Wednesday, November 13th were paid a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 1.06%. The ex-dividend date was Wednesday, November 13th. AerCap's payout ratio is currently 7.92%.

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.