Measured Wealth Private Client Group LLC Increases Stake in AerCap Holdings (NYSE:AER)

Measured Wealth Private Client Group LLC boosted its position in shares of AerCap Holdings (NYSE:AER) by 5.8% during the 1st quarter, HoldingsChannel.com reports. The firm owned 3,940 shares of the financial services provider’s stock after purchasing an additional 215 shares during the period. Measured Wealth Private Client Group LLC’s holdings in AerCap were worth $342,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the company. Wellington Management Group LLP boosted its holdings in shares of AerCap by 9.9% during the 3rd quarter. Wellington Management Group LLP now owns 21,028,200 shares of the financial services provider’s stock valued at $1,317,837,000 after acquiring an additional 1,901,459 shares during the last quarter. Franklin Resources Inc. boosted its holdings in shares of AerCap by 32.0% during the 4th quarter. Franklin Resources Inc. now owns 6,090,321 shares of the financial services provider’s stock valued at $452,633,000 after acquiring an additional 1,476,236 shares during the last quarter. London Co. of Virginia boosted its holdings in shares of AerCap by 5.5% during the 3rd quarter. London Co. of Virginia now owns 4,128,103 shares of the financial services provider’s stock valued at $258,708,000 after acquiring an additional 215,460 shares during the last quarter. Donald Smith & CO. Inc. boosted its holdings in shares of AerCap by 5.5% during the 4th quarter. Donald Smith & CO. Inc. now owns 4,069,400 shares of the financial services provider’s stock valued at $302,438,000 after acquiring an additional 211,260 shares during the last quarter. Finally, 59 North Capital Management LP boosted its holdings in shares of AerCap by 123.7% during the 3rd quarter. 59 North Capital Management LP now owns 2,872,302 shares of the financial services provider’s stock valued at $180,007,000 after acquiring an additional 1,588,196 shares during the last quarter. 96.42% of the stock is owned by hedge funds and other institutional investors.

AerCap Price Performance

NYSE AER opened at $94.16 on Wednesday. AerCap Holdings has a 12 month low of $57.30 and a 12 month high of $96.95. The stock has a market cap of $18.64 billion, a price-to-earnings ratio of 6.13, a PEG ratio of 2.23 and a beta of 1.83. The company’s 50 day moving average is $90.78 and its two-hundred day moving average is $83.28. The company has a current ratio of 0.26, a quick ratio of 0.26 and a debt-to-equity ratio of 2.70.

AerCap (NYSE:AER) last released its earnings results on Wednesday, May 8th. The financial services provider reported $3.29 EPS for the quarter, topping analysts’ consensus estimates of $2.31 by $0.98. AerCap had a net margin of 42.78% and a return on equity of 15.29%. The company had revenue of $2.02 billion for the quarter, compared to analysts’ expectations of $1.95 billion. During the same quarter last year, the business earned $2.34 EPS. The firm’s revenue was up 8.1% compared to the same quarter last year. As a group, research analysts anticipate that AerCap Holdings will post 10.61 earnings per share for the current year.

AerCap Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 13th. Shareholders of record on Wednesday, May 22nd were issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 1.06%. The ex-dividend date of this dividend was Tuesday, May 21st. AerCap’s dividend payout ratio (DPR) is currently 6.51%.

Analysts Set New Price Targets

A number of analysts have recently issued reports on AER shares. Susquehanna raised their price target on shares of AerCap from $90.00 to $100.00 and gave the company a “positive” rating in a report on Thursday, May 2nd. Barclays increased their price objective on shares of AerCap from $93.00 to $94.00 and gave the stock an “overweight” rating in a research note on Thursday, May 2nd. Deutsche Bank Aktiengesellschaft increased their price objective on shares of AerCap from $95.00 to $110.00 and gave the stock a “buy” rating in a research note on Thursday, May 9th. Morgan Stanley began coverage on shares of AerCap in a research note on Friday, June 7th. They issued an “equal weight” rating and a $103.00 price objective on the stock. Finally, TD Cowen increased their price objective on shares of AerCap from $105.00 to $125.00 and gave the stock a “buy” rating in a research note on Thursday, May 23rd. One analyst has rated the stock with a hold rating and nine have assigned a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $97.56.

AerCap Profile

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.