Y Intercept Hong Kong Ltd Purchases 15,412 Shares of AerCap Holdings (NYSE:AER)

Y Intercept Hong Kong Ltd increased its position in shares of AerCap Holdings (NYSE:AER - Free Report) by 353.0% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 19,778 shares of the financial services provider's stock after acquiring an additional 15,412 shares during the period. Y Intercept Hong Kong Ltd's holdings in AerCap were worth $1,873,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Blue Trust Inc. grew its holdings in shares of AerCap by 89.9% during 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 in the last quarter. Truvestments Capital LLC bought a new stake in AerCap during the third quarter valued at approximately $35,000. UMB Bank n.a. grew its stake 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 buying an additional 174 shares in the last quarter. Transamerica Financial Advisors Inc. bought a new position in shares of AerCap in the 3rd quarter worth $64,000. Finally, Quantbot Technologies LP purchased a new stake in shares of AerCap during the 3rd quarter valued at $66,000. 96.42% of the stock is currently owned by hedge funds and other institutional investors.

AerCap Trading Down 0.0 %

Shares of NYSE AER traded down $0.01 during midday trading on Wednesday, reaching $96.30. The company had a trading volume of 656,884 shares, compared to its average volume of 1,407,630. The firm's fifty day moving average price is $96.31 and its 200-day moving average price is $94.36. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 2.89. AerCap Holdings has a one year low of $70.48 and a one year high of $100.81. The stock has a market cap of $19.06 billion, a PE ratio of 7.63, a price-to-earnings-growth ratio of 2.16 and a beta of 1.82.

AerCap (NYSE:AER - Get Free Report) last released its quarterly earnings data on Wednesday, October 30th. The financial services provider reported $2.41 earnings per share for the quarter, meeting analysts' consensus estimates of $2.41. AerCap had a return on equity of 13.98% and a net margin of 32.38%. The firm had revenue of $1.95 billion during the quarter, compared to analyst estimates of $1.92 billion. During the same quarter in the prior year, the firm posted $2.81 earnings per share. The business's quarterly revenue was up 3.0% compared to the same quarter last year. On average, equities research analysts anticipate that AerCap Holdings will post 11.26 earnings per share for the current year.

AerCap Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the company. The Goldman Sachs Group reissued a "buy" rating and issued a $119.00 target price on shares of AerCap in a research note on Thursday, November 21st. Deutsche Bank Aktiengesellschaft increased their price objective on AerCap from $110.00 to $115.00 and gave the company a "buy" rating in a research report on Tuesday, October 22nd. One equities research 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.com, AerCap currently has a consensus rating of "Moderate Buy" and an average target price of $112.00.

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.