AerCap Holdings (NYSE:AER) Shares Sold by Barrow Hanley Mewhinney & Strauss LLC

Barrow Hanley Mewhinney & Strauss LLC lowered its stake in AerCap Holdings (NYSE:AER) by 2.3% during the fourth quarter, Holdings Channel.com reports. The firm owned 1,247,818 shares of the financial services provider’s stock after selling 28,992 shares during the quarter. Barrow Hanley Mewhinney & Strauss LLC’s holdings in AerCap were worth $119,416,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Sumitomo Mitsui DS Asset Management Company Ltd lifted its holdings in shares of AerCap by 0.6% in the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 19,192 shares of the financial services provider’s stock valued at $1,837,000 after purchasing an additional 115 shares during the last quarter. Signaturefd LLC boosted its holdings in shares of AerCap by 3.2% in the fourth quarter. Signaturefd LLC now owns 5,717 shares of the financial services provider’s stock valued at $547,000 after acquiring an additional 177 shares during the period. Dorsey & Whitney Trust CO LLC boosted its holdings in shares of AerCap by 3.8% in the fourth quarter. Dorsey & Whitney Trust CO LLC now owns 5,322 shares of the financial services provider’s stock valued at $509,000 after acquiring an additional 194 shares during the period. Inspire Advisors LLC grew its position in shares of AerCap by 3.4% during the fourth quarter. Inspire Advisors LLC now owns 6,336 shares of the financial services provider’s stock worth $606,000 after acquiring an additional 209 shares during the last quarter. Finally, Williamson Legacy Group LLC increased its holdings in shares of AerCap by 2.5% in the 4th quarter. Williamson Legacy Group LLC now owns 10,674 shares of the financial services provider’s stock valued at $1,022,000 after acquiring an additional 261 shares during the period. Hedge funds and other institutional investors own 96.42% of the company’s stock.

Wall Street Analysts Forecast Growth

AER has been the subject of a number of recent research reports. Barclays reiterated an “overweight” rating and set a $115.00 price target (up previously from $113.00) on shares of AerCap in a research note on Thursday, February 27th. Susquehanna upped their price target on AerCap from $108.00 to $120.00 and gave the stock a “positive” rating in a report on Thursday, February 27th. Bank of America raised their price objective on shares of AerCap from $105.00 to $125.00 and gave the stock a “buy” rating in a research note on Friday, March 7th. Finally, UBS Group lowered AerCap to an “underperform” rating in a research note on Friday, March 7th. One research analyst has rated the stock with a sell rating, one has given a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $117.43.

AerCap Stock Down 0.6 %

AER stock opened at $102.12 on Friday. The firm has a market cap of $19.07 billion, a price-to-earnings ratio of 8.09, a PEG ratio of 2.22 and a beta of 1.83. AerCap Holdings has a 1-year low of $81.93 and a 1-year high of $107.36. The company has a debt-to-equity ratio of 2.89, a current ratio of 0.67 and a quick ratio of 0.67. The firm has a fifty day moving average price of $99.60 and a two-hundred day moving average price of $97.11.

AerCap (NYSE:AER) last released its quarterly earnings results on Wednesday, February 26th. The financial services provider reported $3.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.56 by $0.75. The company had revenue of $2.07 billion during the quarter, compared to analysts’ expectations of $1.97 billion. AerCap had a return on equity of 13.98% and a net margin of 32.38%. Research analysts predict that AerCap Holdings will post 11.29 EPS for the current year.

AerCap Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 3rd. Stockholders of record on Wednesday, March 12th will be issued a $0.27 dividend. The ex-dividend date of this dividend is Wednesday, March 12th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.06%. This is a positive change from AerCap’s previous quarterly dividend of $0.25. AerCap’s dividend payout ratio is presently 9.99%.

AerCap announced that its board has initiated a share buyback plan on Wednesday, February 26th that allows the company to repurchase $1.00 billion in shares. This repurchase authorization allows the financial services provider to purchase up to 4.9% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company’s leadership believes its shares are undervalued.

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.