AerCap Holdings (NYSE:AER) Shares Bought by MBB Public Markets I LLC

MBB Public Markets I LLC lifted its position in shares of AerCap Holdings (NYSE:AER) by 173.1% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 13,708 shares of the financial services provider’s stock after purchasing an additional 8,688 shares during the period. MBB Public Markets I LLC’s holdings in AerCap were worth $1,278,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in AER. Corient Private Wealth LLC increased its position in AerCap by 2.5% during the fourth quarter. Corient Private Wealth LLC now owns 7,629 shares of the financial services provider’s stock worth $567,000 after buying an additional 186 shares during the period. Hsbc Holdings PLC increased its holdings in shares of AerCap by 10.9% in the 4th quarter. Hsbc Holdings PLC now owns 49,053 shares of the financial services provider’s stock valued at $3,651,000 after acquiring an additional 4,815 shares during the period. TD Asset Management Inc raised its position in AerCap by 1.5% in the 4th quarter. TD Asset Management Inc now owns 32,925 shares of the financial services provider’s stock valued at $2,447,000 after purchasing an additional 480 shares during the last quarter. Dorsey & Whitney Trust CO LLC grew its position in AerCap by 9.1% during the 4th quarter. Dorsey & Whitney Trust CO LLC now owns 4,294 shares of the financial services provider’s stock worth $319,000 after purchasing an additional 357 shares during the last quarter. Finally, Bank of Nova Scotia increased its stake in AerCap by 18.1% in the fourth quarter. Bank of Nova Scotia now owns 10,039 shares of the financial services provider’s stock valued at $746,000 after purchasing an additional 1,539 shares during the period. 96.42% of the stock is owned by hedge funds and other institutional investors.

AerCap Price Performance

AerCap stock opened at $94.72 on Tuesday. The company has a market cap of $18.75 billion, a P/E ratio of 6.16, a price-to-earnings-growth ratio of 2.16 and a beta of 1.83. AerCap Holdings has a one year low of $57.30 and a one year high of $98.79. The business has a fifty day moving average of $93.50 and a two-hundred day moving average of $91.08. The company has a debt-to-equity ratio of 2.69, a quick ratio of 0.29 and a current ratio of 0.29.

AerCap (NYSE:AER) last released its quarterly earnings data on Thursday, August 1st. The financial services provider reported $3.01 EPS for the quarter, topping analysts’ consensus estimates of $2.41 by $0.60. AerCap had a net margin of 42.02% and a return on equity of 15.12%. The firm had revenue of $1.96 billion for the quarter, compared to the consensus estimate of $1.89 billion. During the same quarter in the previous year, the firm earned $2.56 earnings per share. The firm’s revenue was up 1.8% on a year-over-year basis. As a group, analysts predict that AerCap Holdings will post 11.33 earnings per share for the current fiscal year.

AerCap Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 5th. Investors of record on Wednesday, August 14th were paid a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 1.06%. The ex-dividend date was Wednesday, August 14th. AerCap’s payout ratio is currently 6.51%.

Analyst Ratings Changes

AER has been the topic of a number of research reports. TD Cowen reissued a “buy” rating and set a $125.00 price target on shares of AerCap in a report on Monday, July 29th. Morgan Stanley initiated coverage on AerCap in a research note on Friday, June 7th. They issued an “equal weight” rating and a $103.00 target price on the stock. Susquehanna upped their price target on AerCap from $100.00 to $108.00 and gave the stock a “positive” rating in a research note on Friday, August 2nd. Finally, Barclays lifted their price objective on shares of AerCap from $111.00 to $113.00 and gave the company an “overweight” rating in a research report on Friday, August 2nd. One research analyst has rated the stock with a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat.com, AerCap has a consensus rating of “Moderate Buy” and a consensus price target of $102.38.

AerCap Company 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.