Aercap Holdings N.V. (NYSE:AER) Short Interest Up 53.0% in March

Aercap Holdings N.V. (NYSE:AER) saw a large increase in short interest in March. As of March 13th, there was short interest totaling 1,685,388 shares, an increase of 53.0% from the February 26th total of 1,101,578 shares. Based on an average daily trading volume, of 2,013,343 shares, the short-interest ratio is currently 0.8 days. Currently, 1.0% of the shares of the stock are sold short.

Aercap Stock Performance

NYSE:AER opened at $133.43 on Monday. The company’s 50-day moving average is $143.06 and its two-hundred day moving average is $136.25. Aercap has a 1-year low of $85.57 and a 1-year high of $154.94. The company has a debt-to-equity ratio of 2.38, a current ratio of 0.23 and a quick ratio of 0.23. The firm has a market capitalization of $22.27 billion, a price-to-earnings ratio of 6.25, a PEG ratio of 1.18 and a beta of 1.01.

Aercap (NYSE:AER) last released its quarterly earnings results on Saturday, February 7th. The financial services provider reported $3.95 EPS for the quarter, beating the consensus estimate of $3.31 by $0.64. The firm had revenue of $2.36 billion for the quarter, compared to analyst estimates of $2.07 billion. Aercap had a net margin of 44.04% and a return on equity of 15.11%. The business’s revenue for the quarter was up 8.3% compared to the same quarter last year. During the same quarter in the previous year, the company earned $3.31 EPS. Analysts forecast that Aercap will post 11.29 EPS for the current year.

Aercap Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 19th. Investors of record on Wednesday, February 25th were given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend was Wednesday, February 25th. This is a positive change from Aercap’s previous quarterly dividend of $0.27. Aercap’s dividend payout ratio is 7.50%.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the company. Morgan Stanley lifted their price target on Aercap from $150.00 to $160.00 and gave the stock an “equal weight” rating in a research note on Monday, March 2nd. Deutsche Bank Aktiengesellschaft set a $175.00 price objective on Aercap and gave the company a “buy” rating in a report on Tuesday, February 10th. Truist Financial assumed coverage on shares of Aercap in a research note on Tuesday, December 9th. They set a “buy” rating and a $159.00 target price on the stock. Barclays upped their target price on shares of Aercap from $144.00 to $162.00 and gave the stock an “overweight” rating in a report on Tuesday, January 6th. Finally, TD Cowen reiterated a “buy” rating on shares of Aercap in a research report on Monday, March 16th. Eight analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $153.38.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Arkadios Wealth Advisors lifted its holdings in shares of Aercap by 2.7% in the 4th quarter. Arkadios Wealth Advisors now owns 2,525 shares of the financial services provider’s stock worth $363,000 after acquiring an additional 67 shares during the last quarter. Wedmont Private Capital increased its holdings in Aercap by 3.9% in the 4th quarter. Wedmont Private Capital now owns 1,979 shares of the financial services provider’s stock valued at $290,000 after purchasing an additional 74 shares during the last quarter. Argentarii LLC increased its holdings in Aercap by 2.8% in the 4th quarter. Argentarii LLC now owns 2,793 shares of the financial services provider’s stock valued at $402,000 after purchasing an additional 77 shares during the last quarter. Savant Capital LLC raised its position in Aercap by 2.4% in the third quarter. Savant Capital LLC now owns 3,417 shares of the financial services provider’s stock valued at $413,000 after purchasing an additional 80 shares during the period. Finally, Kathmere Capital Management LLC lifted its stake in Aercap by 3.9% during the third quarter. Kathmere Capital Management LLC now owns 2,246 shares of the financial services provider’s stock worth $272,000 after purchasing an additional 85 shares in the last quarter. Hedge funds and other institutional investors own 96.42% of the company’s stock.

Aercap Company 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.