Aercap Holdings N.V. $AER Shares Purchased by Bruni J V & Co. Co.

Bruni J V & Co. Co. boosted its stake in Aercap Holdings N.V. (NYSE:AER) by 64.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 196,341 shares of the financial services provider’s stock after acquiring an additional 77,074 shares during the period. Aercap accounts for 2.8% of Bruni J V & Co. Co.’s portfolio, making the stock its 18th largest position. Bruni J V & Co. Co. owned approximately 0.11% of Aercap worth $28,226,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently added to or reduced their stakes in the company. Harbor Capital Advisors Inc. acquired a new stake in Aercap in the fourth quarter valued at $27,000. Advisory Services Network LLC bought a new position in Aercap during the 3rd quarter worth approximately $35,000. Geneos Wealth Management Inc. grew its position in shares of Aercap by 26.6% in the 1st 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. GAMMA Investing LLC grew its position in shares of Aercap by 36.5% in the 4th quarter. GAMMA Investing LLC now owns 359 shares of the financial services provider’s stock worth $52,000 after acquiring an additional 96 shares in the last quarter. Finally, JFS Wealth Advisors LLC acquired a new position in shares of Aercap in the 3rd quarter worth approximately $67,000. 96.42% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

AER has been the subject of several research reports. Morgan Stanley decreased their target price on Aercap from $160.00 to $155.00 and set an “equal weight” rating for the company in a research report on Thursday, April 30th. Zacks Research upgraded Aercap from a “hold” rating to a “strong-buy” rating in a research report on Friday, May 1st. Weiss Ratings lowered shares of Aercap from a “buy (a-)” rating to a “buy (b+)” rating in a research note on Tuesday. Deutsche Bank Aktiengesellschaft set a $175.00 target price on shares of Aercap and gave the company a “buy” rating in a research note on Tuesday, February 10th. Finally, TD Cowen boosted their target price on shares of Aercap from $170.00 to $175.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, Aercap has an average rating of “Buy” and a consensus target price of $163.13.

Aercap Stock Up 0.4%

AER stock opened at $139.48 on Friday. The company has a debt-to-equity ratio of 2.34, a current ratio of 0.24 and a quick ratio of 0.24. Aercap Holdings N.V. has a 1-year low of $105.65 and a 1-year high of $154.94. The firm has a fifty day moving average price of $140.87 and a two-hundred day moving average price of $141.64. The firm has a market cap of $23.28 billion, a price-to-earnings ratio of 6.11, a PEG ratio of 0.98 and a beta of 0.95.

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

Aercap Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 4th. Stockholders of record on Wednesday, May 13th will be given a dividend of $0.40 per share. The ex-dividend date is Wednesday, May 13th. This represents a $1.60 annualized dividend and a dividend yield of 1.1%. Aercap’s dividend payout ratio is currently 7.01%.

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

About Aercap

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.