O Keefe Stevens Advisory Inc. Raises Stock Holdings in AerCap Holdings (NYSE:AER)

O Keefe Stevens Advisory Inc. lifted its stake in AerCap Holdings (NYSE:AER) by 11.0% in the fourth quarter, HoldingsChannel.com reports. The fund owned 93,454 shares of the financial services provider’s stock after purchasing an additional 9,277 shares during the period. AerCap accounts for 2.8% of O Keefe Stevens Advisory Inc.’s holdings, making the stock its 13th biggest position. O Keefe Stevens Advisory Inc.’s holdings in AerCap were worth $8,944,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in AER. Truvestments Capital LLC purchased a new position in shares of AerCap in the third quarter worth approximately $35,000. Fortitude Family Office LLC bought a new position in shares of AerCap in the fourth quarter worth about $38,000. UMB Bank n.a. lifted its position in shares of AerCap by 35.5% during the 3rd 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. Transamerica Financial Advisors Inc. bought a new stake in AerCap during the 3rd quarter worth approximately $64,000. Finally, Quantbot Technologies LP purchased a new position in AerCap during the third quarter valued at approximately $66,000. Institutional investors own 96.42% of the company’s stock.

Wall Street Analyst Weigh In

AER has been the topic of several recent analyst reports. Deutsche Bank Aktiengesellschaft raised their price objective on shares of AerCap from $110.00 to $115.00 and gave the company a “buy” rating in a research report on Tuesday, October 22nd. The Goldman Sachs Group reissued a “buy” rating and issued a $119.00 target price on shares of AerCap in a report on Thursday, November 21st. One investment analyst has rated the stock with a hold rating and six have assigned a buy rating to the stock. According to MarketBeat, AerCap currently has a consensus rating of “Moderate Buy” and a consensus price target of $112.00.

AerCap Stock Up 0.1 %

Shares of AER opened at $95.93 on Friday. 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 business has a fifty day moving average of $96.12 and a 200 day moving average of $94.96. The company has a market cap of $18.99 billion, a PE ratio of 7.60, a P/E/G ratio of 2.05 and a beta of 1.82. AerCap Holdings has a 52-week low of $73.78 and a 52-week high of $100.81.

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

AerCap Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, December 5th. Shareholders 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 dividend on an annualized basis and a yield of 1.04%. AerCap’s payout ratio is 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.