AerCap Holdings (NYSE:AER) Stock Position Boosted by Eagle Bay Advisors LLC

Eagle Bay Advisors LLC raised its stake in shares of AerCap Holdings (NYSE:AER) by 1,148.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,261 shares of the financial services provider’s stock after buying an additional 1,160 shares during the period. Eagle Bay Advisors LLC’s holdings in AerCap were worth $121,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. First Horizon Advisors Inc. grew its stake in shares of AerCap by 15.3% in the 3rd quarter. First Horizon Advisors Inc. now owns 814 shares of the financial services provider’s stock worth $77,000 after purchasing an additional 108 shares during the last quarter. Dupree Financial Group LLC grew its position in AerCap by 0.4% in the third quarter. Dupree Financial Group LLC now owns 28,395 shares of the financial services provider’s stock worth $2,690,000 after buying an additional 121 shares during the last quarter. UMB Bank n.a. increased its holdings in shares of 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 buying an additional 174 shares in the last quarter. Argent Trust Co lifted its position in shares of AerCap by 6.0% during the 2nd quarter. Argent Trust Co now owns 5,002 shares of the financial services provider’s stock valued at $466,000 after acquiring an additional 285 shares during the last quarter. Finally, Nomura Asset Management Co. Ltd. boosted its stake in shares of AerCap by 0.5% during the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 58,671 shares of the financial services provider’s stock worth $5,557,000 after acquiring an additional 320 shares in the last quarter. 96.42% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

AER has been the topic of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft boosted their target price on AerCap from $110.00 to $115.00 and gave the stock a “buy” rating in a research report on Tuesday, October 22nd. The Goldman Sachs Group reaffirmed a “buy” rating and set a $119.00 price objective on shares of AerCap in a research note on Thursday, November 21st. One research analyst has rated the stock with a hold rating and six have issued a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $112.00.

AerCap Trading Up 0.8 %

Shares of NYSE AER opened at $94.90 on Tuesday. The firm has a market capitalization of $18.78 billion, a PE ratio of 7.52, a PEG ratio of 2.17 and a beta of 1.82. AerCap Holdings has a one year low of $72.80 and a one year high of $100.81. 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 business has a 50-day moving average price of $96.21 and a two-hundred day moving average price of $94.89.

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

AerCap Announces Dividend

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

AerCap 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.