World Investment Advisors LLC Takes Position in AerCap Holdings (NYSE:AER)

World Investment Advisors LLC purchased 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 (SEC). The institutional investor purchased 79,251 shares of the financial services provider's stock, valued at approximately $7,507,000.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Blue Trust Inc. increased its position 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 worth $25,000 after purchasing an additional 134 shares during the period. Truvestments Capital LLC bought a new position in AerCap in the 3rd quarter valued at approximately $35,000. UMB Bank n.a. grew its stake in shares of AerCap by 35.5% during the third quarter. UMB Bank n.a. now owns 664 shares of the financial services provider's stock worth $63,000 after buying an additional 174 shares during the last quarter. Transamerica Financial Advisors Inc. acquired a new position in AerCap in the 3rd quarter worth about $64,000. Finally, Quantbot Technologies LP bought a new stake in shares of AerCap in the third quarter worth $66,000. Institutional investors own 96.42% of the company's stock.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on AER. The Goldman Sachs Group reaffirmed a "buy" rating and set a $119.00 target price on shares of AerCap in a research report on Thursday, November 21st. Deutsche Bank Aktiengesellschaft raised their price objective on AerCap from $110.00 to $115.00 and gave the stock a "buy" rating in a research report on Tuesday, October 22nd. One investment analyst has rated the stock with a hold rating and six have given a buy rating to the company's stock. According to MarketBeat, AerCap has an average rating of "Moderate Buy" and a consensus target price of $112.00.

AerCap Trading Up 0.7 %

AerCap stock traded up $0.70 during trading hours on Friday, reaching $95.70. 504,484 shares of the company's stock were exchanged, compared to its average volume of 1,400,992. The firm's 50 day simple moving average is $96.36 and its 200 day simple moving average is $94.37. AerCap Holdings has a twelve month low of $70.48 and a twelve month high of $100.81. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 2.89. The firm has a market capitalization of $18.94 billion, a PE ratio of 7.53, a PEG ratio of 2.17 and a beta of 1.82.

AerCap (NYSE:AER - Get Free Report) last released its earnings results on Wednesday, October 30th. The financial services provider reported $2.41 EPS for the quarter, hitting the consensus estimate of $2.41. The business had revenue of $1.95 billion during the quarter, compared to analysts' expectations of $1.92 billion. AerCap had a return on equity of 13.98% and a net margin of 32.38%. The firm's revenue was up 3.0% on a year-over-year basis. During the same quarter last year, the firm posted $2.81 earnings per share. Research analysts predict that AerCap Holdings will post 11.26 earnings per share for the current year.

AerCap Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, December 5th. Stockholders of record on Wednesday, November 13th were paid a $0.25 dividend. The ex-dividend date was Wednesday, November 13th. This represents a $1.00 annualized dividend and a dividend yield of 1.04%. AerCap's dividend payout ratio is currently 7.92%.

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.