AdvisorShares Investments LLC Invests $931,000 in Aercap Holdings N.V. $AER

AdvisorShares Investments LLC acquired a new stake in Aercap Holdings N.V. (NYSE:AER) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 6,788 shares of the financial services provider’s stock, valued at approximately $931,000.

Other institutional investors have also modified their holdings of the company. Arbejdsmarkedets Tillaegspension purchased a new stake in Aercap during the 4th quarter worth $23,935,000. Convergence Investment Partners LLC purchased a new position in Aercap in the fourth quarter valued at about $1,520,000. Mitsubishi UFJ Asset Management Co. Ltd. raised its position in Aercap by 6.3% in the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 175,986 shares of the financial services provider’s stock valued at $25,453,000 after purchasing an additional 10,447 shares during the period. Lombard Odier Asset Management USA Corp lifted its stake in shares of Aercap by 50.9% during the third quarter. Lombard Odier Asset Management USA Corp now owns 23,717 shares of the financial services provider’s stock worth $2,870,000 after purchasing an additional 8,003 shares in the last quarter. Finally, Pacific Capital Partners Ltd lifted its stake in shares of Aercap by 65.8% during the fourth quarter. Pacific Capital Partners Ltd now owns 32,750 shares of the financial services provider’s stock worth $4,708,000 after purchasing an additional 13,000 shares in the last quarter. Hedge funds and other institutional investors own 96.42% of the company’s stock.

Wall Street Analyst Weigh In

AER has been the subject of several recent research reports. TD Cowen increased their price objective 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. Susquehanna boosted their target price on shares of Aercap from $165.00 to $170.00 and gave the stock a “positive” rating in a research report on Thursday, April 30th. Weiss Ratings downgraded shares of Aercap from a “buy (a-)” rating to a “buy (b+)” rating in a research note on Tuesday, May 26th. JPMorgan Chase & Co. raised their price target on shares of Aercap from $150.00 to $155.00 and gave the company an “overweight” rating in a report on Thursday, April 30th. Finally, Truist Financial upped their price objective on shares of Aercap from $159.00 to $161.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. Eight equities 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 currently has an average rating of “Moderate Buy” and a consensus target price of $163.12.

Aercap Stock Up 0.1%

Shares of NYSE:AER opened at $147.93 on Friday. The company has a current ratio of 0.24, a quick ratio of 0.24 and a debt-to-equity ratio of 2.34. The company has a fifty day simple moving average of $141.81 and a 200 day simple moving average of $142.77. The firm has a market cap of $24.69 billion, a PE ratio of 6.48, a price-to-earnings-growth ratio of 1.03 and a beta of 0.94. Aercap Holdings N.V. has a 12-month low of $105.65 and a 12-month high of $154.94.

Aercap (NYSE:AER) last posted its quarterly earnings data on Tuesday, March 31st. The financial services provider reported $5.39 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%. On average, equities research analysts anticipate that Aercap Holdings N.V. will post 17.23 EPS for the current fiscal year.

Aercap announced that its Board of Directors has authorized a stock buyback plan on Wednesday, April 29th that permits the company to repurchase $1.00 billion in shares. This repurchase authorization permits the financial services provider to repurchase up to 4.3% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company’s leadership believes its shares are undervalued.

Aercap Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, June 4th. Stockholders of record on Wednesday, May 13th were given a dividend of $0.40 per share. 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 presently 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.