Aercap Holdings N.V. $AER Shares Sold by SG Americas Securities LLC

SG Americas Securities LLC lessened its holdings in shares of Aercap Holdings N.V. (NYSE:AER) by 3.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 205,342 shares of the financial services provider’s stock after selling 6,608 shares during the period. SG Americas Securities LLC owned approximately 0.12% of Aercap worth $28,169,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in AER. Arkadios Wealth Advisors grew its stake in Aercap by 2.7% during the 4th quarter. Arkadios Wealth Advisors now owns 2,525 shares of the financial services provider’s stock worth $363,000 after buying an additional 67 shares during the last quarter. Wedmont Private Capital raised its stake in Aercap by 3.9% in the fourth quarter. Wedmont Private Capital now owns 1,979 shares of the financial services provider’s stock valued at $290,000 after buying an additional 74 shares during the last quarter. Argentarii LLC boosted its holdings in Aercap by 2.8% in the fourth quarter. Argentarii LLC now owns 2,793 shares of the financial services provider’s stock worth $402,000 after acquiring an additional 77 shares in the last quarter. Huntington National Bank boosted its holdings in Aercap by 11.7% in the third quarter. Huntington National Bank now owns 895 shares of the financial services provider’s stock worth $108,000 after acquiring an additional 94 shares in the last quarter. Finally, Geneos Wealth Management Inc. boosted its holdings in Aercap by 26.6% in the first quarter. Geneos Wealth Management Inc. now owns 447 shares of the financial services provider’s stock worth $46,000 after acquiring an additional 94 shares in the last quarter. Institutional investors and hedge funds own 96.42% of the company’s stock.

Aercap Trading Up 1.0%

Shares of NYSE:AER opened at $147.91 on Thursday. The company has a quick ratio of 0.24, a current ratio of 0.24 and a debt-to-equity ratio of 2.34. Aercap Holdings N.V. has a 52-week low of $105.65 and a 52-week high of $154.94. The stock has a market cap of $24.68 billion, a price-to-earnings ratio of 6.48, a PEG ratio of 1.02 and a beta of 0.93. The business has a 50-day moving average price of $141.44 and a 200-day moving average price of $142.43.

Aercap (NYSE:AER) last issued its earnings results on Tuesday, March 31st. The financial services provider reported $5.39 EPS for the quarter. Aercap had a return on equity of 16.01% and a net margin of 45.22%.The firm had revenue of $2.30 billion for the quarter. Equities analysts predict that Aercap Holdings N.V. will post 17.23 EPS for the current year.

Aercap declared that its Board of Directors has initiated a stock buyback program on Wednesday, April 29th that allows the company to buyback $1.00 billion in shares. This buyback authorization allows the financial services provider to reacquire up to 4.3% of its shares through open market purchases. Shares buyback programs are usually an indication that the company’s board of directors believes its stock is undervalued.

Aercap Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 4th. Stockholders of record on Wednesday, May 13th were issued a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend was Wednesday, May 13th. Aercap’s dividend payout ratio is 7.01%.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the stock. Barclays upped their price objective on shares of Aercap from $162.00 to $164.00 and gave the company an “overweight” rating in a report on Thursday, April 30th. Susquehanna boosted their target price on shares of Aercap from $165.00 to $170.00 and gave the stock a “positive” rating in a research report on Thursday, April 30th. Weiss Ratings lowered shares of Aercap from a “buy (a-)” rating to a “buy (b+)” rating in a research note on Tuesday, May 26th. TD Cowen raised their price target on shares of Aercap from $170.00 to $175.00 and gave the stock a “buy” rating in a report on Thursday, April 30th. Finally, Truist Financial lifted their price objective on shares of Aercap from $159.00 to $161.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. Eight analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $163.12.

Aercap Profile

AerCap Holdings N.V. (NYSE: AER) is a global aircraft leasing and aviation finance company that acquires, leases, sells and manages commercial aircraft and engines. Its core services include operating leases, finance leases, sale-and-leaseback transactions, aircraft trading and remarketing, and asset management for airline customers. The company also provides related commercial and technical support services designed to optimize fleet utilization and residual values over the life cycle of aircraft and engines.

Operating with a broad global footprint, AerCap serves airlines and other aviation customers across North America, Europe, Asia-Pacific, Latin America, the Middle East and Africa.