Arbejdsmarkedets Tillaegspension Increases Position in Aercap Holdings N.V. $AER

Arbejdsmarkedets Tillaegspension lifted its holdings in shares of Aercap Holdings N.V. (NYSE:AER) by 11.5% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 185,630 shares of the financial services provider’s stock after buying an additional 19,138 shares during the quarter. Arbejdsmarkedets Tillaegspension’s holdings in Aercap were worth $25,465,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the stock. Integrated Wealth Concepts LLC raised its holdings in shares of Aercap by 19.0% during the first quarter. Integrated Wealth Concepts LLC now owns 2,649 shares of the financial services provider’s stock valued at $271,000 after acquiring an additional 423 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in Aercap by 282.7% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 6,659 shares of the financial services provider’s stock valued at $680,000 after acquiring an additional 4,919 shares during the last quarter. Geneos Wealth Management Inc. grew its holdings in shares of Aercap by 26.6% during the 1st quarter. Geneos Wealth Management Inc. now owns 447 shares of the financial services provider’s stock worth $46,000 after purchasing an additional 94 shares during the period. Invesco Ltd. boosted its stake in Aercap by 43.3% during the second quarter. Invesco Ltd. now owns 459,459 shares of the financial services provider’s stock worth $53,757,000 after buying an additional 138,843 shares during the period. Finally, EverSource Wealth Advisors LLC increased its holdings in Aercap by 59.2% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,143 shares of the financial services provider’s stock valued at $134,000 after purchasing an additional 425 shares during the last quarter. Institutional investors and hedge funds own 96.42% of the company’s stock.

Aercap Stock Performance

Aercap stock opened at $149.70 on Monday. The firm has a market capitalization of $24.98 billion, a P/E ratio of 6.56, a PEG ratio of 1.04 and a beta of 0.94. The stock has a fifty day moving average price of $143.06 and a 200 day moving average price of $143.05. Aercap Holdings N.V. has a 52 week low of $105.65 and a 52 week high of $155.99. The company has a current ratio of 0.24, a quick ratio of 0.24 and a debt-to-equity ratio of 2.34.

Aercap (NYSE:AER) last issued its quarterly earnings results on Tuesday, March 31st. The financial services provider reported $5.39 earnings per share (EPS) for the quarter. The firm had revenue of $2.30 billion for the quarter. Aercap had a return on equity of 16.01% and a net margin of 45.22%. Equities research analysts anticipate that Aercap Holdings N.V. will post 17.34 earnings per share for the current year.

Aercap Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, June 4th. Investors of record on Wednesday, May 13th were given a $0.40 dividend. The ex-dividend date of this dividend was Wednesday, May 13th. This represents a $1.60 annualized dividend and a dividend yield of 1.1%. Aercap’s dividend payout ratio (DPR) is currently 7.01%.

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

Wall Street Analyst Weigh In

AER has been the subject of several research reports. Zacks Research downgraded shares of Aercap from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 1st. TD Cowen boosted their target price on Aercap from $170.00 to $175.00 and gave the company a “buy” rating in a report on Thursday, April 30th. Barclays increased their target price on shares of Aercap from $164.00 to $179.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 7th. Susquehanna raised their price target on Aercap from $170.00 to $176.00 and gave the stock a “positive” rating in a report on Tuesday, July 7th. Finally, Weiss Ratings raised Aercap from a “buy (b+)” rating to a “buy (a-)” rating in a report on Wednesday. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, Aercap currently has an average rating of “Moderate Buy” and an average price target of $167.50.

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.