Kestra Advisory Services LLC Has $684,000 Holdings in Aercap Holdings N.V. $AER

Kestra Advisory Services LLC decreased its position in shares of Aercap Holdings N.V. (NYSE:AER) by 52.8% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,985 shares of the financial services provider’s stock after selling 5,566 shares during the quarter. Kestra Advisory Services LLC’s holdings in Aercap were worth $684,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of AER. Arkadios Wealth Advisors increased its holdings in Aercap by 2.7% in the 4th quarter. Arkadios Wealth Advisors now owns 2,525 shares of the financial services provider’s stock valued at $363,000 after buying an additional 67 shares during the period. Geneos Wealth Management Inc. lifted its holdings in shares of Aercap by 26.6% during the 1st quarter. Geneos Wealth Management Inc. now owns 447 shares of the financial services provider’s stock worth $46,000 after acquiring an additional 94 shares during the period. GAMMA Investing LLC lifted its holdings in shares of Aercap by 36.5% during the 4th quarter. GAMMA Investing LLC now owns 359 shares of the financial services provider’s stock worth $52,000 after acquiring an additional 96 shares during the period. CreativeOne Wealth LLC lifted its holdings in shares of Aercap by 5.8% during the 4th quarter. CreativeOne Wealth LLC now owns 1,873 shares of the financial services provider’s stock worth $269,000 after acquiring an additional 103 shares during the period. Finally, Snowden Capital Advisors LLC boosted its position in shares of Aercap by 3.0% during the 2nd quarter. Snowden Capital Advisors LLC now owns 3,622 shares of the financial services provider’s stock worth $424,000 after acquiring an additional 105 shares in the last quarter. 96.42% of the stock is currently owned by institutional investors and hedge funds.

Aercap Trading Up 1.9%

Shares of Aercap stock opened at $151.33 on Friday. The firm has a market capitalization of $25.25 billion, a PE ratio of 6.63, a price-to-earnings-growth ratio of 1.05 and a beta of 0.94. The company has a current ratio of 0.24, a quick ratio of 0.24 and a debt-to-equity ratio of 2.34. The firm’s 50 day moving average is $143.77 and its 200 day moving average is $143.36. Aercap Holdings N.V. has a 1 year low of $105.65 and a 1 year high of $155.99.

Aercap (NYSE:AER) last released its quarterly earnings data on Tuesday, March 31st. The financial services provider reported $5.39 earnings per share (EPS) for the quarter. The business had revenue of $2.30 billion during the quarter. Aercap had a net margin of 45.22% and a return on equity of 16.01%. Equities research analysts forecast that Aercap Holdings N.V. will post 17.39 earnings per share for the current fiscal year.

Aercap announced that its board has authorized a stock buyback plan on Wednesday, April 29th that permits the company to buyback $1.00 billion in outstanding shares. This buyback authorization permits the financial services provider to reacquire up to 4.3% of its shares through open market purchases. Shares buyback plans are generally an indication that the company’s leadership believes its stock is undervalued.

Aercap Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, June 4th. Stockholders of record on Wednesday, May 13th were issued a dividend of $0.40 per share. The ex-dividend date was Wednesday, May 13th. This represents a $1.60 annualized dividend and a dividend yield of 1.1%. Aercap’s dividend payout ratio is 7.01%.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on AER shares. Citigroup started coverage on shares of Aercap in a research note on Monday, July 20th. They issued a “buy” rating and a $173.00 price objective on the stock. Morgan Stanley cut their target price 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. Susquehanna raised their target price on Aercap from $170.00 to $176.00 and gave the company a “positive” rating in a report on Tuesday, July 7th. JPMorgan Chase & Co. lifted their price target on Aercap from $150.00 to $155.00 and gave the company an “overweight” rating in a research note on Thursday, April 30th. Finally, TD Cowen boosted their price target on Aercap from $175.00 to $180.00 and gave the stock a “buy” rating in a report on Thursday, July 16th. Two analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of $168.67.

About Aercap

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.