AerCap Holdings (NYSE:AER) Shares Purchased by Fmr LLC

Fmr LLC increased its holdings in AerCap Holdings (NYSE:AER) by 1.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,737,476 shares of the financial services provider’s stock after buying an additional 22,346 shares during the quarter. Fmr LLC’s holdings in AerCap were worth $164,574,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Blue Trust Inc. increased its stake in shares of AerCap by 89.9% in the second quarter. Blue Trust Inc. now owns 283 shares of the financial services provider’s stock worth $25,000 after acquiring an additional 134 shares during the period. Mather Group LLC. raised its stake in shares of AerCap by 230.1% during the 2nd quarter. Mather Group LLC. now owns 307 shares of the financial services provider’s stock valued at $27,000 after buying an additional 214 shares during the last quarter. Truvestments Capital LLC acquired a new position in shares of AerCap in the 3rd quarter valued at about $35,000. UMB Bank n.a. boosted its stake in shares of AerCap by 35.5% in the third quarter. UMB Bank n.a. now owns 664 shares of the financial services provider’s stock worth $63,000 after buying an additional 174 shares during the last quarter. Finally, First Horizon Advisors Inc. grew its holdings in AerCap by 15.3% during the third quarter. First Horizon Advisors Inc. now owns 814 shares of the financial services provider’s stock worth $77,000 after acquiring an additional 108 shares during the period. 96.42% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

AER has been the subject of a number of analyst reports. Deutsche Bank Aktiengesellschaft boosted their price target on AerCap from $110.00 to $115.00 and gave the company a “buy” rating in a report on Tuesday, October 22nd. The Goldman Sachs Group reissued a “buy” rating and set a $119.00 price target on shares of AerCap in a report on Thursday, November 21st. One equities research analyst has rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $112.00.

AerCap Stock Down 1.3 %

AER opened at $97.14 on Wednesday. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 2.89. AerCap Holdings has a twelve month low of $68.00 and a twelve month high of $100.81. The company has a market cap of $19.23 billion, a PE ratio of 7.70, a price-to-earnings-growth ratio of 2.22 and a beta of 1.82. The company has a 50-day moving average price of $96.06 and a 200 day moving average price of $94.18.

AerCap (NYSE:AER) last released its earnings results on Wednesday, October 30th. The financial services provider reported $2.41 earnings per share for the quarter, meeting the consensus estimate of $2.41. The business had revenue of $1.95 billion for the quarter, compared to the consensus estimate of $1.92 billion. AerCap had a return on equity of 13.98% and a net margin of 32.38%. The business’s quarterly revenue was up 3.0% compared to the same quarter last year. During the same quarter last year, the business posted $2.81 earnings per share. Sell-side analysts expect that AerCap Holdings will post 11.26 earnings per share for the current fiscal year.

AerCap Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 5th. Investors of record on Wednesday, November 13th will be issued a $0.25 dividend. The ex-dividend date is Wednesday, November 13th. This represents a $1.00 annualized dividend and a dividend yield of 1.03%. AerCap’s dividend payout ratio is presently 7.92%.

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.