Krilogy Financial LLC acquired a new stake in shares of Aercap Holdings N.V. (NYSE:AER – Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 3,981 shares of the financial services provider’s stock, valued at approximately $572,000.
A number of other institutional investors have also recently bought and sold shares of AER. Mizuho Markets Cayman LP lifted its position in shares of Aercap by 45,615.5% in the third quarter. Mizuho Markets Cayman LP now owns 3,510,491 shares of the financial services provider’s stock worth $424,769,000 after buying an additional 3,502,812 shares during the last quarter. Ninety One UK Ltd lifted its position in shares of Aercap by 1.1% in the fourth quarter. Ninety One UK Ltd now owns 2,804,003 shares of the financial services provider’s stock worth $403,103,000 after buying an additional 31,794 shares during the last quarter. WGI DM LLC lifted its position in shares of Aercap by 40.6% in the third quarter. WGI DM LLC now owns 2,555,812 shares of the financial services provider’s stock worth $309,253,000 after buying an additional 738,176 shares during the last quarter. Mawer Investment Management Ltd. lifted its position in shares of Aercap by 35.1% in the third quarter. Mawer Investment Management Ltd. now owns 2,093,694 shares of the financial services provider’s stock worth $253,337,000 after buying an additional 543,465 shares during the last quarter. Finally, Ameriprise Financial Inc. lifted its position in shares of Aercap by 1.3% in the third quarter. Ameriprise Financial Inc. now owns 1,958,577 shares of the financial services provider’s stock worth $237,409,000 after buying an additional 25,034 shares during the last quarter. Institutional investors and hedge funds own 96.42% of the company’s stock.
Aercap Trading Up 0.6%
Shares of AER opened at $139.05 on Friday. Aercap Holdings N.V. has a 12-month low of $99.04 and a 12-month high of $154.94. The company has a quick ratio of 0.23, a current ratio of 0.23 and a debt-to-equity ratio of 2.38. The firm has a market capitalization of $23.20 billion, a price-to-earnings ratio of 6.52, a P/E/G ratio of 1.22 and a beta of 0.99. The stock’s 50-day moving average price is $142.44 and its 200 day moving average price is $138.73.
Aercap Increases Dividend
The company also recently declared a quarterly dividend, which was paid on Thursday, March 19th. Investors of record on Wednesday, February 25th were paid a dividend of $0.40 per share. This is a positive change from Aercap’s previous quarterly dividend of $0.27. This represents a $1.60 annualized dividend and a yield of 1.2%. The ex-dividend date was Wednesday, February 25th. Aercap’s dividend payout ratio is presently 7.50%.
Analyst Ratings Changes
A number of analysts have weighed in on AER shares. Morgan Stanley boosted their price target on Aercap from $150.00 to $160.00 and gave the stock an “equal weight” rating in a research report on Monday, March 2nd. Zacks Research cut Aercap from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, December 30th. TD Cowen reaffirmed a “buy” rating on shares of Aercap in a research report on Monday, March 16th. Deutsche Bank Aktiengesellschaft set a $175.00 price target on Aercap and gave the stock a “buy” rating in a research report on Tuesday, February 10th. Finally, Barclays boosted their price target on Aercap from $144.00 to $162.00 and gave the stock an “overweight” rating in a research report on Tuesday, January 6th. Eight investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $153.38.
Check Out Our Latest Report on Aercap
Aercap Profile
AerCap Holdings N.V. (NYSE: AER) is a global aircraft leasing and aviation finance company that acquires, leases, sells and manages commercial aircraft and engines. Its core services include operating leases, finance leases, sale-and-leaseback transactions, aircraft trading and remarketing, and asset management for airline customers. The company also provides related commercial and technical support services designed to optimize fleet utilization and residual values over the life cycle of aircraft and engines.
Operating with a broad global footprint, AerCap serves airlines and other aviation customers across North America, Europe, Asia-Pacific, Latin America, the Middle East and Africa.
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