Wilmington Savings Fund Society FSB Buys Shares of 23,871 AerCap Holdings (NYSE:AER)

Wilmington Savings Fund Society FSB acquired a new position in shares of AerCap Holdings (NYSE:AER - Free Report) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 23,871 shares of the financial services provider's stock, valued at approximately $2,261,000.

Several other large investors also recently made changes to their positions in AER. Envestnet Portfolio Solutions Inc. lifted its stake in shares of AerCap by 21.7% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 15,133 shares of the financial services provider's stock valued at $1,410,000 after buying an additional 2,696 shares in the last quarter. Swedbank AB raised its stake in shares of AerCap by 12.8% in the second quarter. Swedbank AB now owns 96,244 shares of the financial services provider's stock worth $8,970,000 after purchasing an additional 10,933 shares during the last quarter. Blue Trust Inc. lifted its holdings in shares of AerCap by 89.9% in the second quarter. Blue Trust Inc. now owns 283 shares of the financial services provider's stock valued at $25,000 after purchasing an additional 134 shares in the last quarter. Dupree Financial Group LLC purchased a new position in shares of AerCap during the second quarter valued at approximately $2,635,000. Finally, AustralianSuper Pty Ltd bought a new stake in AerCap during the second quarter worth $7,468,000. 96.42% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts recently issued reports on AER shares. The Goldman Sachs Group restated a "buy" rating and set a $119.00 price objective on shares of AerCap in a report on Thursday, November 21st. Deutsche Bank Aktiengesellschaft lifted their price target 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 equities research analyst has rated the stock with a hold rating and six have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $112.00.

AerCap Stock Performance

AER stock traded up $0.66 during trading on Friday, reaching $95.66. The stock had a trading volume of 1,110,350 shares, compared to its average volume of 1,403,547. AerCap Holdings has a 52 week low of $70.48 and a 52 week high of $100.81. The stock's 50 day moving average is $96.39 and its two-hundred day moving average is $94.39. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 2.89. The firm has a market cap of $18.93 billion, a PE ratio of 7.58, a PEG ratio of 2.17 and a beta of 1.82.

AerCap (NYSE:AER - Get Free Report) last announced its quarterly earnings data on Wednesday, October 30th. The financial services provider reported $2.41 EPS for the quarter, meeting the consensus estimate of $2.41. The business had revenue of $1.95 billion for the quarter, compared to the consensus estimate of $1.92 billion. AerCap had a return on equity of 13.98% and a net margin of 32.38%. The business's revenue was up 3.0% on a year-over-year basis. During the same period in the previous year, the business earned $2.81 earnings per share. As a group, equities analysts anticipate that AerCap Holdings will post 11.26 earnings per share for the current year.

AerCap Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, December 5th. Shareholders of record on Wednesday, November 13th were paid a dividend of $0.25 per share. The ex-dividend date was Wednesday, November 13th. This represents a $1.00 annualized dividend and a yield of 1.05%. 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.