Natixis Advisors LLC Increases Holdings in Aercap Holdings N.V. $AER

Natixis Advisors LLC raised its stake in shares of Aercap Holdings N.V. (NYSE:AER) by 18.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 356,500 shares of the financial services provider’s stock after buying an additional 54,794 shares during the quarter. Natixis Advisors LLC owned about 0.19% of Aercap worth $51,251,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the stock. Mawer Investment Management Ltd. raised its stake in Aercap by 56.3% during the fourth quarter. Mawer Investment Management Ltd. now owns 3,272,935 shares of the financial services provider’s stock valued at $470,517,000 after buying an additional 1,179,241 shares during the last quarter. Bruni J V & Co. Co. raised its stake in Aercap by 64.6% during the fourth quarter. Bruni J V & Co. Co. now owns 196,341 shares of the financial services provider’s stock valued at $28,226,000 after buying an additional 77,074 shares during the last quarter. Forsta AP Fonden raised its stake in Aercap by 1.2% during the fourth quarter. Forsta AP Fonden now owns 32,800 shares of the financial services provider’s stock valued at $4,715,000 after buying an additional 400 shares during the last quarter. Norges Bank purchased a new position in Aercap during the fourth quarter valued at $352,172,000. Finally, Fideuram Asset Management Ireland dac purchased a new position in Aercap during the fourth quarter valued at $89,000. Hedge funds and other institutional investors own 96.42% of the company’s stock.

Aercap Stock Up 0.2%

AER stock opened at $134.29 on Thursday. Aercap Holdings N.V. has a 1-year low of $105.65 and a 1-year high of $154.94. The business has a fifty day moving average price of $140.95 and a 200-day moving average price of $141.63. The company has a debt-to-equity ratio of 2.34, a current ratio of 0.24 and a quick ratio of 0.24. The stock has a market capitalization of $22.41 billion, a P/E ratio of 5.88, a P/E/G ratio of 0.94 and a beta of 0.93.

Aercap (NYSE:AER) last posted its quarterly earnings results on Tuesday, March 31st. The financial services provider reported $5.39 earnings per share for the quarter. Aercap had a return on equity of 16.01% and a net margin of 45.22%.The firm had revenue of $2.30 billion during the quarter. Equities analysts forecast that Aercap Holdings N.V. will post 17.23 earnings per share for the current fiscal year.

Aercap announced that its Board of Directors has approved a stock buyback program on Wednesday, April 29th that permits the company to repurchase $1.00 billion in shares. This repurchase authorization permits the financial services provider to reacquire up to 4.3% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company’s board of directors believes its stock is undervalued.

Aercap Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 4th. Stockholders of record on Wednesday, May 13th will be paid a $0.40 dividend. The ex-dividend date is Wednesday, May 13th. This represents a $1.60 annualized dividend and a dividend yield of 1.2%. Aercap’s payout ratio is currently 7.01%.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on AER shares. Zacks Research cut Aercap from a “strong-buy” rating to a “hold” rating in a research note on Monday. Morgan Stanley lowered their price objective on Aercap from $160.00 to $155.00 and set an “equal weight” rating for the company in a research note on Thursday, April 30th. Deutsche Bank Aktiengesellschaft set a $175.00 price objective on Aercap and gave the company a “buy” rating in a research note on Tuesday, February 10th. JPMorgan Chase & Co. boosted their price target on Aercap from $150.00 to $155.00 and gave the stock an “overweight” rating in a research note on Thursday, April 30th. Finally, Susquehanna boosted their price target on Aercap from $165.00 to $170.00 and gave the stock a “positive” rating in a research note on Thursday, April 30th. Eight investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Aercap has an average rating of “Moderate Buy” and a consensus target price of $163.13.

Aercap Company 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.