AerCap Holdings (NYSE:AER) Shares Purchased by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. raised its holdings in AerCap Holdings (NYSE:AER) by 231.3% 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 owned 36,226 shares of the financial services provider’s stock after buying an additional 25,292 shares during the period. Oppenheimer & Co. Inc.’s holdings in AerCap were worth $3,431,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of AER. Blue Trust Inc. increased its holdings in shares of AerCap by 89.9% in the 2nd quarter. Blue Trust Inc. now owns 283 shares of the financial services provider’s stock valued at $25,000 after acquiring an additional 134 shares during the last quarter. Mather Group LLC. boosted its holdings in AerCap by 230.1% in the second quarter. Mather Group LLC. now owns 307 shares of the financial services provider’s stock valued at $27,000 after purchasing an additional 214 shares in the last quarter. UMB Bank n.a. increased its stake in AerCap by 35.5% in the third quarter. UMB Bank n.a. now owns 664 shares of the financial services provider’s stock valued at $63,000 after purchasing an additional 174 shares during the last quarter. Federated Hermes Inc. raised its holdings in AerCap by 209.1% during the second quarter. Federated Hermes Inc. now owns 1,567 shares of the financial services provider’s stock worth $146,000 after purchasing an additional 1,060 shares in the last quarter. Finally, Gordian Capital Singapore Pte Ltd lifted its position in shares of AerCap by 33.3% during the 2nd quarter. Gordian Capital Singapore Pte Ltd now owns 2,000 shares of the financial services provider’s stock worth $186,000 after buying an additional 500 shares during the last quarter. 96.42% of the stock is owned by hedge funds and other institutional investors.

AerCap Stock Up 0.1 %

AER opened at $95.22 on Friday. AerCap Holdings has a 52 week low of $66.34 and a 52 week high of $99.68. The business has a 50 day moving average price of $95.19 and a two-hundred day moving average price of $93.39. 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 company has a market cap of $18.85 billion, a PE ratio of 7.55, a P/E/G ratio of 2.13 and a beta of 1.83.

AerCap (NYSE:AER) last issued its quarterly earnings results on Wednesday, October 30th. The financial services provider reported $2.41 earnings per share for the quarter, hitting the consensus estimate of $2.41. The firm had revenue of $1.95 billion during 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 company’s revenue for the quarter was up 3.0% on a year-over-year basis. During the same period last year, the company earned $2.81 earnings per share. As a group, research analysts anticipate that AerCap Holdings will post 11.26 EPS for the current year.

AerCap Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 5th. Stockholders of record on Wednesday, November 13th will be paid a dividend of $0.25 per share. The ex-dividend date of this dividend is Wednesday, November 13th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.05%. AerCap’s dividend payout ratio (DPR) is 7.92%.

Analysts Set New Price Targets

A number of research firms recently commented on AER. Susquehanna increased their target price on shares of AerCap from $100.00 to $108.00 and gave the company a “positive” rating in a research report on Friday, August 2nd. TD Cowen reiterated a “buy” rating and set a $125.00 target price on shares of AerCap in a research report on Monday, July 29th. Barclays upped their target price on AerCap from $111.00 to $113.00 and gave the company an “overweight” rating in a research report on Friday, August 2nd. Finally, Deutsche Bank Aktiengesellschaft lifted their price target on AerCap from $110.00 to $115.00 and gave the stock a “buy” rating in a research report on Tuesday, October 22nd. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $110.83.

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.