AerCap Holdings (NYSE:AER) Shares Acquired by TD Asset Management Inc

TD Asset Management Inc increased its position in shares of AerCap Holdings (NYSE:AER) by 1.5% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 32,925 shares of the financial services provider’s stock after purchasing an additional 480 shares during the quarter. TD Asset Management Inc’s holdings in AerCap were worth $2,447,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of AER. D.A. Davidson & CO. raised its stake in shares of AerCap by 7.8% during the 3rd quarter. D.A. Davidson & CO. now owns 4,977 shares of the financial services provider’s stock worth $312,000 after buying an additional 361 shares during the last quarter. Charles Schwab Investment Management Inc. increased its holdings in AerCap by 2.0% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 195,113 shares of the financial services provider’s stock valued at $12,228,000 after acquiring an additional 3,732 shares in the last quarter. Pathstone Family Office LLC raised its position in AerCap by 67.4% during the third quarter. Pathstone Family Office LLC now owns 13,258 shares of the financial services provider’s stock worth $831,000 after acquiring an additional 5,339 shares during the last quarter. HighTower Advisors LLC lifted its holdings in shares of AerCap by 35.1% in the third quarter. HighTower Advisors LLC now owns 8,945 shares of the financial services provider’s stock valued at $559,000 after purchasing an additional 2,325 shares in the last quarter. Finally, Canada Pension Plan Investment Board grew its position in shares of AerCap by 28.2% in the third quarter. Canada Pension Plan Investment Board now owns 146,191 shares of the financial services provider’s stock valued at $9,162,000 after purchasing an additional 32,200 shares during the last quarter. 96.42% of the stock is currently owned by hedge funds and other institutional investors.

AerCap Trading Down 0.9 %

AER stock opened at $90.42 on Friday. The company has a quick ratio of 0.26, a current ratio of 0.26 and a debt-to-equity ratio of 2.70. The company has a market cap of $17.90 billion, a price-to-earnings ratio of 5.88, a PEG ratio of 4.08 and a beta of 1.85. The business has a fifty day simple moving average of $88.13 and a 200-day simple moving average of $80.25. AerCap Holdings has a 52 week low of $57.30 and a 52 week high of $94.30.

AerCap (NYSE:AER) last announced its quarterly earnings results on Wednesday, May 8th. The financial services provider reported $3.29 EPS for the quarter, topping the consensus estimate of $2.31 by $0.98. AerCap had a return on equity of 15.29% and a net margin of 42.78%. The company had revenue of $2.02 billion during the quarter, compared to analyst estimates of $1.95 billion. During the same period in the prior year, the firm posted $2.34 earnings per share. The firm’s revenue was up 8.1% on a year-over-year basis. On average, equities research analysts expect that AerCap Holdings will post 10.26 EPS for the current year.

AerCap Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 13th. Shareholders of record on Wednesday, May 22nd will be paid a dividend of $0.25 per share. The ex-dividend date is Tuesday, May 21st. This represents a $1.00 annualized dividend and a yield of 1.11%. AerCap’s dividend payout ratio is currently 6.51%.

Analysts Set New Price Targets

Several research analysts recently issued reports on the company. BMO Capital Markets cut their price objective on AerCap from $103.00 to $101.00 and set an “outperform” rating for the company in a research report on Monday, February 26th. Susquehanna upped their price objective on AerCap from $90.00 to $100.00 and gave the company a “positive” rating in a research report on Thursday, May 2nd. Barclays increased their price objective on AerCap from $93.00 to $94.00 and gave the company an “overweight” rating in a research note on Thursday, May 2nd. TD Cowen boosted their target price on shares of AerCap from $105.00 to $125.00 and gave the company a “buy” rating in a research note on Thursday, May 23rd. Finally, Morgan Stanley began coverage on shares of AerCap in a research note on Friday. They set an “equal weight” rating and a $103.00 price target on the stock. One investment analyst has rated the stock with a hold rating and nine have given a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $97.56.

About AerCap

AerCap Holdings N.V. engages in the lease, financing, sale, and management of commercial flight equipment in China, Hong Kong, Macau, the United States, Ireland, and internationally. The company offers aircraft asset management services, such as remarketing aircraft and engines; collecting rental and maintenance rent payments, monitoring aircraft maintenance, monitoring and enforcing contract compliance, and accepting delivery and redelivery of aircraft and engines; and conducting ongoing lessee financial performance reviews.