AerCap Holdings (NYSE:AER) Shares Purchased by Creative Planning

Creative Planning raised its holdings in AerCap Holdings (NYSE:AER) by 10.3% in the 3rd quarter, HoldingsChannel reports. The fund owned 26,049 shares of the financial services provider’s stock after acquiring an additional 2,435 shares during the period. Creative Planning’s holdings in AerCap were worth $2,467,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of AER. Blue Trust Inc. raised its holdings in AerCap by 89.9% in the 2nd quarter. Blue Trust Inc. now owns 283 shares of the financial services provider’s stock valued at $25,000 after acquiring an additional 134 shares during the last quarter. Mather Group LLC. raised its holdings in AerCap by 230.1% in the 2nd quarter. Mather Group LLC. now owns 307 shares of the financial services provider’s stock valued at $27,000 after acquiring an additional 214 shares during the last quarter. UMB Bank n.a. raised its holdings in AerCap by 35.5% in the 3rd quarter. UMB Bank n.a. now owns 664 shares of the financial services provider’s stock valued at $63,000 after acquiring an additional 174 shares during the last quarter. Federated Hermes Inc. raised its holdings in AerCap by 209.1% in the 2nd quarter. Federated Hermes Inc. now owns 1,567 shares of the financial services provider’s stock valued at $146,000 after acquiring an additional 1,060 shares during the last quarter. Finally, Headlands Technologies LLC acquired a new position in AerCap in the 1st quarter valued at $185,000. 96.42% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the company. Deutsche Bank Aktiengesellschaft boosted their price target on AerCap from $110.00 to $115.00 and gave the company a “buy” rating in a report on Tuesday, October 22nd. Susquehanna boosted their price objective on shares of AerCap from $100.00 to $108.00 and gave the company a “positive” rating in a research note on Friday, August 2nd. Barclays boosted their price objective on shares of AerCap from $111.00 to $113.00 and gave the company an “overweight” rating in a research note on Friday, August 2nd. Finally, TD Cowen reissued a “buy” rating and set a $125.00 price objective on shares of AerCap in a research note on Monday, July 29th. One analyst has rated the stock with a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $106.43.

AerCap Stock Performance

NYSE:AER opened at $95.42 on Monday. The company has a debt-to-equity ratio of 2.69, a current ratio of 0.29 and a quick ratio of 0.29. The firm has a 50-day moving average of $94.79 and a two-hundred day moving average of $92.31. The stock has a market cap of $18.89 billion, a P/E ratio of 6.21, a PEG ratio of 2.13 and a beta of 1.83. AerCap Holdings has a 1-year low of $58.46 and a 1-year high of $99.30.

AerCap (NYSE:AER) last posted its quarterly earnings data 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 during the quarter, compared to analysts’ expectations of $1.89 billion. AerCap had a net margin of 42.02% and a return on equity of 15.12%. The firm’s revenue for the quarter was up 1.8% on a year-over-year basis. During the same period in the prior year, the company posted $2.56 EPS. On average, research analysts expect that AerCap Holdings will post 11.33 earnings per share for the current fiscal year.

AerCap Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, September 5th. Stockholders of record on Wednesday, August 14th were paid a $0.25 dividend. 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.