AerCap Holdings (NYSE:AER) Shares Bought by Signaturefd LLC

Signaturefd LLC grew its holdings in shares of AerCap Holdings (NYSE:AER) by 12.2% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 5,540 shares of the financial services provider’s stock after acquiring an additional 603 shares during the period. Signaturefd LLC’s holdings in AerCap were worth $525,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the business. Blue Trust Inc. grew its stake in shares of AerCap by 223.3% during the third quarter. Blue Trust Inc. now owns 915 shares of the financial services provider’s stock valued at $85,000 after acquiring an additional 632 shares in the last quarter. Net Worth Advisory Group acquired a new position in AerCap in the third quarter worth about $950,000. Sumitomo Mitsui DS Asset Management Company Ltd grew its stake in AerCap by 2.4% in the third quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 19,077 shares of the financial services provider’s stock worth $1,807,000 after purchasing an additional 451 shares in the last quarter. Global Retirement Partners LLC grew its stake in AerCap by 87.9% in the third quarter. Global Retirement Partners LLC now owns 5,058 shares of the financial services provider’s stock worth $479,000 after purchasing an additional 2,366 shares in the last quarter. Finally, Transform Wealth LLC grew its stake in AerCap by 63.8% in the third quarter. Transform Wealth LLC now owns 112,589 shares of the financial services provider’s stock worth $10,664,000 after purchasing an additional 43,849 shares in the last quarter. 96.42% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on AER. Deutsche Bank Aktiengesellschaft lifted their price target on AerCap from $110.00 to $115.00 and gave the stock a “buy” rating in a research note on Tuesday. TD Cowen reiterated a “buy” rating and issued a $125.00 price target on shares of AerCap in a research note on Monday, July 29th. Barclays lifted their price target on AerCap from $111.00 to $113.00 and gave the stock an “overweight” rating in a research note on Friday, August 2nd. Finally, Susquehanna raised their target price on shares of AerCap from $100.00 to $108.00 and gave the stock a “positive” rating in a report on Friday, August 2nd. One analyst has rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat, AerCap presently has a consensus rating of “Moderate Buy” and an average target price of $106.43.

AerCap Stock Performance

Shares of NYSE AER opened at $95.42 on Friday. The firm’s 50-day moving average price is $94.79 and its two-hundred day moving average price is $92.22. The stock has a market capitalization of $18.89 billion, a P/E ratio of 6.21, a P/E/G ratio of 2.13 and a beta of 1.83. The company has a quick ratio of 0.29, a current ratio of 0.29 and a debt-to-equity ratio of 2.69. AerCap Holdings has a 52-week low of $58.46 and a 52-week high of $99.30.

AerCap (NYSE:AER) last released its quarterly earnings results on Thursday, August 1st. The financial services provider reported $3.01 earnings per share for the quarter, beating analysts’ consensus estimates of $2.41 by $0.60. The company had revenue of $1.96 billion for the quarter, compared to analysts’ expectations of $1.89 billion. AerCap had a return on equity of 15.12% and a net margin of 42.02%. The business’s revenue for the quarter was up 1.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.56 earnings per share. As a group, sell-side analysts forecast that AerCap Holdings will post 11.33 earnings per share for the current year.

AerCap Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 5th. Stockholders of record on Wednesday, August 14th were issued a dividend of $0.25 per share. The ex-dividend date of this dividend was Wednesday, August 14th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.05%. AerCap’s dividend payout ratio (DPR) is presently 6.51%.

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.