Atlas Capital Advisors Inc. Buys Shares of 4,925 Aercap Holdings N.V. $AER

Atlas Capital Advisors Inc. bought a new stake in Aercap Holdings N.V. (NYSE:AER) in the fourth quarter, HoldingsChannel.com reports. The institutional investor bought 4,925 shares of the financial services provider’s stock, valued at approximately $708,000.

Other hedge funds also recently added to or reduced their stakes in the company. Harbor Capital Advisors Inc. purchased a new position in Aercap in the fourth quarter valued at about $27,000. Greenline Wealth Management LLC purchased a new position in Aercap in the fourth quarter valued at about $30,000. Advisory Services Network LLC purchased a new position in Aercap in the third quarter valued at about $35,000. GAMMA Investing LLC grew its position 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 last quarter. Finally, Geneos Wealth Management Inc. grew its position 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 last quarter. 96.42% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on AER shares. Weiss Ratings lowered shares of Aercap from a “buy (a-)” rating to a “buy (b+)” rating in a research report on Tuesday, May 26th. JPMorgan Chase & Co. increased their price target on shares of Aercap from $150.00 to $155.00 and gave the company an “overweight” rating in a research report on Thursday, April 30th. Zacks Research lowered shares of Aercap from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 1st. Susquehanna increased their price target on shares of Aercap from $165.00 to $170.00 and gave the company a “positive” rating in a research report on Thursday, April 30th. Finally, TD Cowen increased their price target on shares of Aercap from $170.00 to $175.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. Eight analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $163.13.

Aercap Stock Down 0.1%

AER stock opened at $139.81 on Monday. The company’s 50 day simple moving average is $141.13 and its 200-day simple moving average is $141.86. The firm has a market capitalization of $23.33 billion, a PE ratio of 6.13, a P/E/G ratio of 0.98 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 has a debt-to-equity ratio of 2.34, a current ratio of 0.24 and a quick ratio of 0.24.

Aercap (NYSE:AER) last announced its earnings results on Tuesday, March 31st. The financial services provider reported $5.39 earnings per share (EPS) 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 for the quarter. Equities analysts expect that Aercap Holdings N.V. will post 17.23 earnings per share for the current fiscal year.

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

Aercap Announces Dividend

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

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.