Janney Montgomery Scott LLC Buys 26,434 Shares of AerCap Holdings (NYSE:AER)

Janney Montgomery Scott LLC boosted its position in shares of AerCap Holdings (NYSE:AER) by 6.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 449,209 shares of the financial services provider’s stock after acquiring an additional 26,434 shares during the period. Janney Montgomery Scott LLC’s holdings in AerCap were worth $42,989,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in AER. First Horizon Advisors Inc. lifted its position in AerCap by 15.3% in the third quarter. First Horizon Advisors Inc. now owns 814 shares of the financial services provider’s stock worth $77,000 after purchasing an additional 108 shares during the period. Dupree Financial Group LLC raised its stake in shares of AerCap by 0.4% in the 3rd quarter. Dupree Financial Group LLC now owns 28,395 shares of the financial services provider’s stock valued at $2,690,000 after buying an additional 121 shares in the last quarter. UMB Bank n.a. lifted its holdings in shares of AerCap by 35.5% during the 3rd quarter. UMB Bank n.a. now owns 664 shares of the financial services provider’s stock worth $63,000 after acquiring an additional 174 shares during the period. Nomura Asset Management Co. Ltd. boosted its position in shares of AerCap by 0.5% during the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 58,671 shares of the financial services provider’s stock valued at $5,557,000 after acquiring an additional 320 shares in the last quarter. Finally, Truvestments Capital LLC bought a new stake in AerCap in the third quarter valued at about $35,000. 96.42% of the stock is currently owned by institutional investors.

AerCap Stock Performance

NYSE:AER opened at $95.12 on Friday. The stock has a market capitalization of $18.83 billion, a P/E ratio of 7.54, a price-to-earnings-growth ratio of 2.09 and a beta of 1.82. AerCap Holdings has a 1 year low of $75.48 and a 1 year high of $100.81. The firm has a 50 day moving average of $96.10 and a 200-day moving average of $95.00. 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 (NYSE:AER) last released its quarterly earnings results on Wednesday, October 30th. The financial services provider reported $2.41 EPS for the quarter, meeting the consensus estimate of $2.41. AerCap had a net margin of 32.38% and a return on equity of 13.98%. The business had revenue of $1.95 billion for the quarter, compared to analysts’ expectations of $1.92 billion. During the same period in the prior year, the firm earned $2.81 earnings per share. AerCap’s revenue was up 3.0% compared to the same quarter last year. As a group, sell-side analysts anticipate that AerCap Holdings will post 11.26 EPS for the current fiscal year.

AerCap Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, December 5th. Shareholders of record on Wednesday, November 13th were issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 1.05%. The ex-dividend date of this dividend was Wednesday, November 13th. AerCap’s dividend payout ratio (DPR) is currently 7.92%.

Analyst Ratings Changes

A number of brokerages have commented on AER. The Goldman Sachs Group restated a “buy” rating and set a $119.00 price target on shares of AerCap in a research note on Thursday, November 21st. Deutsche Bank Aktiengesellschaft boosted their price target on AerCap from $110.00 to $115.00 and gave the company a “buy” rating in a research note on Tuesday, October 22nd. One investment analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $112.00.

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.