AerCap Holdings (NYSE:AER) Shares Sold by Pathstone Holdings LLC

Pathstone Holdings LLC trimmed its holdings in shares of AerCap Holdings (NYSE:AER) by 2.3% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 23,654 shares of the financial services provider’s stock after selling 565 shares during the period. Pathstone Holdings LLC’s holdings in AerCap were worth $2,241,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in AER. Blue Trust Inc. boosted its stake in shares of AerCap by 89.9% during the 2nd quarter. Blue Trust Inc. now owns 283 shares of the financial services provider’s stock worth $25,000 after acquiring an additional 134 shares in the last quarter. Mather Group LLC. lifted its holdings in shares of AerCap by 230.1% during the second quarter. Mather Group LLC. now owns 307 shares of the financial services provider’s stock valued at $27,000 after purchasing an additional 214 shares during the last quarter. UMB Bank n.a. increased its stake in AerCap by 35.5% in the 3rd quarter. UMB Bank n.a. now owns 664 shares of the financial services provider’s stock worth $63,000 after purchasing an additional 174 shares in the last quarter. Federated Hermes Inc. increased its stake in AerCap by 209.1% in the 2nd quarter. Federated Hermes Inc. now owns 1,567 shares of the financial services provider’s stock worth $146,000 after purchasing an additional 1,060 shares in the last quarter. Finally, Gordian Capital Singapore Pte Ltd raised its holdings in AerCap by 33.3% during the 2nd quarter. Gordian Capital Singapore Pte Ltd now owns 2,000 shares of the financial services provider’s stock worth $186,000 after buying an additional 500 shares during the period. Institutional investors and hedge funds own 96.42% of the company’s stock.

AerCap Price Performance

Shares of NYSE:AER opened at $100.30 on Wednesday. The business has a fifty day simple moving average of $95.74 and a 200 day simple moving average of $93.85. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 2.89. AerCap Holdings has a 1 year low of $66.34 and a 1 year high of $100.81. The firm has a market cap of $19.85 billion, a price-to-earnings ratio of 7.95, a P/E/G ratio of 2.21 and a beta of 1.83.

AerCap (NYSE:AER) last announced its quarterly earnings results on Wednesday, October 30th. The financial services provider reported $2.41 earnings per share (EPS) for the quarter, meeting the consensus estimate of $2.41. AerCap had a return on equity of 13.98% and a net margin of 32.38%. The business had revenue of $1.95 billion during the quarter, compared to analyst estimates of $1.92 billion. During the same period in the previous year, the company earned $2.81 EPS. The firm’s revenue was up 3.0% on a year-over-year basis. As a group, sell-side analysts predict that AerCap Holdings will post 11.26 earnings per share for the current fiscal year.

AerCap Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 5th. Stockholders of record on Wednesday, November 13th will be paid a dividend of $0.25 per share. The ex-dividend date is Wednesday, November 13th. This represents a $1.00 annualized dividend and a dividend yield of 1.00%. AerCap’s dividend payout ratio (DPR) is 7.92%.

Analysts Set New Price Targets

Several research analysts have commented on AER shares. Deutsche Bank Aktiengesellschaft raised their target price on shares of AerCap from $110.00 to $115.00 and gave the stock a “buy” rating in a report on Tuesday, October 22nd. Barclays lifted their price objective on shares of AerCap from $111.00 to $113.00 and gave the stock an “overweight” rating in a research report on Friday, August 2nd. Susquehanna raised their target price on AerCap from $100.00 to $108.00 and gave the stock a “positive” rating in a research report on Friday, August 2nd. Finally, The Goldman Sachs Group reissued a “buy” rating and set a $119.00 price target on shares of AerCap in a research report on Thursday, November 21st. One analyst has rated the stock with a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $112.00.

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.