Vinva Investment Management Ltd Purchases Shares of 5,401 AerCap Holdings (NYSE:AER)

Vinva Investment Management Ltd purchased a new stake in AerCap Holdings (NYSE:AER - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 5,401 shares of the financial services provider's stock, valued at approximately $516,000.

A number of other hedge funds have also recently bought and sold shares of AER. First Horizon Advisors Inc. lifted its holdings in 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 buying an additional 108 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd lifted its stake in AerCap by 0.6% during the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 19,192 shares of the financial services provider's stock worth $1,837,000 after purchasing an additional 115 shares during the last quarter. Signaturefd LLC boosted its holdings in AerCap by 3.2% in the fourth quarter. Signaturefd LLC now owns 5,717 shares of the financial services provider's stock worth $547,000 after purchasing an additional 177 shares during the period. Dorsey & Whitney Trust CO LLC increased its stake in AerCap by 3.8% during the fourth quarter. Dorsey & Whitney Trust CO LLC now owns 5,322 shares of the financial services provider's stock valued at $509,000 after purchasing an additional 194 shares during the last quarter. Finally, Inspire Advisors LLC increased its stake in AerCap by 3.4% during the fourth quarter. Inspire Advisors LLC now owns 6,336 shares of the financial services provider's stock valued at $606,000 after purchasing an additional 209 shares during the last quarter. Institutional investors and hedge funds own 96.42% of the company's stock.

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Wall Street Analysts Forecast Growth

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. Bank of America raised their price target on AerCap from $105.00 to $125.00 and gave the stock a "buy" rating in a report on Friday, March 7th. Finally, UBS Group lowered AerCap to an "underperform" rating in a research report 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 stock. Based on data from MarketBeat, AerCap has an average rating of "Moderate Buy" and an average target price of $117.43.

AerCap Stock Performance

AER traded up $0.27 during trading hours on Wednesday, hitting $103.21. The company's stock had a trading volume of 976,604 shares, compared to its average volume of 1,409,692. 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 fifty-two week low of $81.93 and a fifty-two week high of $107.36. The company has a 50-day simple moving average of $99.21 and a 200 day simple moving average of $96.90. The firm has a market capitalization of $19.28 billion, a PE ratio of 8.18, a PEG ratio of 2.22 and a beta of 1.83.

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

AerCap Increases Dividend

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

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

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.