Aercap Holdings N.V. $AER Holdings Cut by Daiwa Securities Group Inc.

Daiwa Securities Group Inc. lowered its holdings in Aercap Holdings N.V. (NYSE:AER) by 8.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 105,103 shares of the financial services provider’s stock after selling 9,182 shares during the period. Daiwa Securities Group Inc. owned about 0.06% of Aercap worth $15,110,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Harbor Capital Advisors Inc. bought a new position in Aercap in the fourth quarter worth about $27,000. Advisory Services Network LLC bought a new position in Aercap in the third quarter worth about $35,000. GAMMA Investing LLC increased its stake in shares of Aercap by 36.5% in the fourth quarter. GAMMA Investing LLC now owns 359 shares of the financial services provider’s stock valued at $52,000 after purchasing an additional 96 shares during the period. Geneos Wealth Management Inc. increased its stake in shares of Aercap by 26.6% in the first quarter. Geneos Wealth Management Inc. now owns 447 shares of the financial services provider’s stock valued at $46,000 after purchasing an additional 94 shares during the period. Finally, Leonteq Securities AG acquired a new stake in shares of Aercap in the fourth quarter valued at approximately $68,000. Institutional investors own 96.42% of the company’s stock.

Aercap Price Performance

NYSE AER opened at $136.67 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. The firm has a market capitalization of $22.81 billion, a PE ratio of 5.99, a P/E/G ratio of 0.95 and a beta of 0.93. Aercap Holdings N.V. has a 12 month low of $105.65 and a 12 month high of $154.94. The company’s 50 day simple moving average is $140.92 and its 200 day simple moving average is $141.59.

Aercap (NYSE:AER) last posted 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 net margin of 45.22% and a return on equity of 16.01%. As a group, equities research analysts forecast that Aercap Holdings N.V. will post 17.23 EPS for the current fiscal year.

Aercap Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 4th. Shareholders of record on Wednesday, May 13th were given a $0.40 dividend. The ex-dividend date was Wednesday, May 13th. This represents a $1.60 annualized dividend and a yield of 1.2%. Aercap’s payout ratio is 7.01%.

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

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the stock. Zacks Research lowered shares of Aercap from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 1st. Barclays raised their price objective on shares of Aercap from $162.00 to $164.00 and gave the company an “overweight” rating in a research note on Thursday, April 30th. Deutsche Bank Aktiengesellschaft set a $175.00 price objective on shares of Aercap and gave the company a “buy” rating in a research note on Tuesday, February 10th. Susquehanna raised their price objective on shares of Aercap from $165.00 to $170.00 and gave the company a “positive” rating in a research note on Thursday, April 30th. Finally, Morgan Stanley lowered their price objective on shares of Aercap from $160.00 to $155.00 and set an “equal weight” rating on the stock in a research note on Thursday, April 30th. Eight research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $163.13.

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.