AerCap Holdings (NYSE:AER) Position Trimmed by Trexquant Investment LP

Trexquant Investment LP lowered its position in shares of AerCap Holdings (NYSE:AER - Free Report) by 84.8% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 30,803 shares of the financial services provider's stock after selling 172,260 shares during the quarter. Trexquant Investment LP's holdings in AerCap were worth $2,948,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. B. Riley Wealth Advisors Inc. raised its position in shares of AerCap by 59.3% during the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 17,875 shares of the financial services provider's stock valued at $1,686,000 after acquiring an additional 6,654 shares in the last quarter. Bank of New York Mellon Corp increased its stake in AerCap by 1.0% during the fourth quarter. Bank of New York Mellon Corp now owns 446,303 shares of the financial services provider's stock valued at $42,711,000 after purchasing an additional 4,222 shares during the last quarter. Franklin Resources Inc. raised its holdings in shares of AerCap by 5.3% during the third quarter. Franklin Resources Inc. now owns 5,601,208 shares of the financial services provider's stock worth $545,726,000 after purchasing an additional 282,980 shares during the period. Barclays PLC lifted its position in shares of AerCap by 95.5% in the 3rd quarter. Barclays PLC now owns 91,707 shares of the financial services provider's stock worth $8,687,000 after buying an additional 44,797 shares during the last quarter. Finally, Public Employees Retirement System of Ohio bought a new position in shares of AerCap in the 3rd quarter worth about $3,478,000. Institutional investors own 96.42% of the company's stock.

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AerCap Price Performance

Shares of NYSE:AER traded up $1.66 during trading on Friday, reaching $92.03. The company had a trading volume of 2,217,024 shares, compared to its average volume of 1,381,053. The firm's fifty day moving average is $99.46 and its 200 day moving average is $97.08. 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 firm has a market capitalization of $17.19 billion, a PE ratio of 7.29, a price-to-earnings-growth ratio of 2.22 and a beta of 1.46. AerCap Holdings has a twelve month low of $81.93 and a twelve month high of $107.36.

AerCap (NYSE:AER - Get Free Report) last announced its earnings results on Wednesday, February 26th. The financial services provider reported $3.31 EPS for the quarter, topping the consensus estimate of $2.56 by $0.75. The firm had revenue of $2.07 billion for the quarter, compared to analysts' expectations of $1.97 billion. AerCap had a return on equity of 13.98% and a net margin of 32.38%. On average, equities analysts forecast that AerCap Holdings will post 11.29 EPS for the current year.

AerCap announced that its Board of Directors has approved a stock repurchase program on Wednesday, February 26th that allows the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization allows the financial services provider to repurchase up to 4.9% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company's management believes its shares are undervalued.

AerCap Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, April 3rd. Investors of record on Wednesday, March 12th were paid a dividend of $0.27 per share. The ex-dividend date of this dividend was Wednesday, March 12th. This represents a $1.08 annualized dividend and a yield of 1.17%. This is a boost from AerCap's previous quarterly dividend of $0.25. AerCap's dividend payout ratio (DPR) is currently 9.99%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the stock. Susquehanna boosted their price objective on shares of AerCap from $108.00 to $120.00 and gave the company a "positive" rating in a research report on Thursday, February 27th. Barclays reaffirmed an "overweight" rating and set a $115.00 target price (up from $113.00) on shares of AerCap in a report on Thursday, February 27th. Morgan Stanley cut their price target on AerCap from $112.00 to $101.00 and set an "equal weight" rating on the stock in a report on Friday. UBS Group downgraded AerCap to an "underperform" rating in a research note on Friday, March 7th. Finally, Bank of America raised their target price on AerCap from $105.00 to $125.00 and gave the company a "buy" rating in a research note on Friday, March 7th. 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's stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $117.14.

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.