AerCap Holdings (NYSE:AER) Receives Average Rating of “Moderate Buy” from Analysts

Shares of AerCap Holdings (NYSE:AER) have earned a consensus recommendation of “Moderate Buy” from the six research firms that are presently covering the company, Marketbeat reports. One equities research analyst has rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is $110.83.

AER has been the subject of several research reports. Deutsche Bank Aktiengesellschaft raised their target price on AerCap from $110.00 to $115.00 and gave the company a “buy” rating in a research note on Tuesday, October 22nd. Barclays raised their price objective on shares of AerCap from $111.00 to $113.00 and gave the company an “overweight” rating in a research report on Friday, August 2nd. Susquehanna boosted 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. Finally, TD Cowen restated a “buy” rating and set a $125.00 target price on shares of AerCap in a report on Monday, July 29th.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the business. Envestnet Portfolio Solutions Inc. increased its holdings in shares of AerCap by 21.0% in the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 12,437 shares of the financial services provider’s stock valued at $1,081,000 after purchasing an additional 2,157 shares during the period. Headlands Technologies LLC purchased a new stake in AerCap in the 1st quarter worth approximately $185,000. Entropy Technologies LP acquired a new stake in shares of AerCap during the 1st quarter valued at $256,000. BNP PARIBAS ASSET MANAGEMENT Holding S.A. grew its holdings in shares of AerCap by 9.6% during the 1st quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 157,974 shares of the financial services provider’s stock valued at $13,730,000 after acquiring an additional 13,882 shares in the last quarter. Finally, Mitsubishi UFJ Asset Management Co. Ltd. increased its stake in shares of AerCap by 19.0% in the first quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 110,949 shares of the financial services provider’s stock worth $9,643,000 after acquiring an additional 17,750 shares during the last quarter. 96.42% of the stock is owned by institutional investors and hedge funds.

AerCap Stock Up 0.1 %

AER stock opened at $95.27 on Wednesday. The firm’s 50-day moving average is $95.19 and its two-hundred day moving average is $93.51. The company has a market capitalization of $18.86 billion, a price-to-earnings ratio of 7.55, a price-to-earnings-growth ratio of 2.15 and a beta of 1.83. AerCap has a 52 week low of $66.34 and a 52 week high of $99.68. 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 announced its earnings results on Wednesday, October 30th. The financial services provider reported $2.41 EPS for the quarter, hitting the consensus estimate of $2.41. The firm had revenue of $1.95 billion for the quarter, compared to analysts’ expectations of $1.92 billion. AerCap had a return on equity of 13.98% and a net margin of 32.38%. The firm’s quarterly revenue was up 3.0% compared to the same quarter last year. During the same quarter in the previous year, the company earned $2.81 earnings per share. On average, analysts forecast that AerCap will post 11.26 earnings per share for the current fiscal year.

AerCap Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 5th. Stockholders of record on Wednesday, November 13th will be given a $0.25 dividend. The ex-dividend date of this dividend is Wednesday, November 13th. This represents a $1.00 annualized dividend and a dividend yield of 1.05%. AerCap’s dividend payout ratio (DPR) is presently 7.92%.

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.