Woodson Capital Management LP Raises Holdings in AerCap Holdings (NYSE:AER)

Woodson Capital Management LP raised its position in shares of AerCap Holdings (NYSE:AER) by 20.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 192,849 shares of the financial services provider’s stock after acquiring an additional 32,749 shares during the quarter. AerCap comprises 3.6% of Woodson Capital Management LP’s investment portfolio, making the stock its 10th biggest holding. Woodson Capital Management LP owned about 0.10% of AerCap worth $18,267,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of the company. Financial Counselors Inc. boosted its position in shares of AerCap by 7.8% during the 3rd quarter. Financial Counselors Inc. now owns 5,800 shares of the financial services provider’s stock worth $549,000 after purchasing an additional 419 shares in the last quarter. Public Sector Pension Investment Board boosted its position in shares of AerCap by 17.2% during the 3rd quarter. Public Sector Pension Investment Board now owns 100,861 shares of the financial services provider’s stock worth $9,554,000 after purchasing an additional 14,800 shares in the last quarter. 140 Summer Partners LP boosted its position in shares of AerCap by 7.5% during the 3rd quarter. 140 Summer Partners LP now owns 965,340 shares of the financial services provider’s stock worth $91,437,000 after purchasing an additional 67,400 shares in the last quarter. Blueshift Asset Management LLC boosted its position in shares of AerCap by 22.7% during the 3rd quarter. Blueshift Asset Management LLC now owns 10,308 shares of the financial services provider’s stock worth $976,000 after purchasing an additional 1,909 shares in the last quarter. Finally, Glenmede Trust Co. NA lifted its position in AerCap by 14.3% in the 3rd quarter. Glenmede Trust Co. NA now owns 70,592 shares of the financial services provider’s stock valued at $6,686,000 after acquiring an additional 8,805 shares in the last quarter. Institutional investors own 96.42% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on AER. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $119.00 price target on shares of AerCap in a research report on Thursday, November 21st. Susquehanna increased their price objective on shares of AerCap from $100.00 to $108.00 and gave the company a “positive” rating in a research note on Friday, August 2nd. Deutsche Bank Aktiengesellschaft increased their price objective on shares of AerCap from $110.00 to $115.00 and gave the company a “buy” rating in a research note on Tuesday, October 22nd. Finally, Barclays increased their price objective on shares of AerCap from $111.00 to $113.00 and gave the company an “overweight” rating in a research note on Friday, August 2nd. One investment analyst has rated the stock with a hold rating and six have issued a buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $112.00.

AerCap Stock Down 1.2 %

AerCap stock opened at $99.09 on Friday. AerCap Holdings has a 1-year low of $66.34 and a 1-year high of $100.81. The firm has a market capitalization of $19.61 billion, a price-to-earnings ratio of 7.85, a P/E/G ratio of 2.25 and a beta of 1.83. 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 50 day simple moving average of $95.96 and a 200 day simple moving average of $93.99.

AerCap (NYSE:AER) 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 net margin of 32.38% and a return on equity of 13.98%. The business had revenue of $1.95 billion during the quarter, compared to analyst estimates of $1.92 billion. During the same period in the previous year, the business earned $2.81 EPS. AerCap’s revenue was up 3.0% compared to the same quarter last year. On average, analysts predict that AerCap Holdings will post 11.26 earnings per share for the current year.

AerCap Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 5th. Shareholders of record on Wednesday, November 13th will be given a dividend of $0.25 per share. The ex-dividend date is Wednesday, November 13th. This represents a $1.00 annualized dividend and a yield of 1.01%. AerCap’s payout ratio is presently 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.