Wealth Enhancement Advisory Services LLC Raises Position in AerCap Holdings (NYSE:AER)

Wealth Enhancement Advisory Services LLC increased its holdings in AerCap Holdings (NYSE:AERFree Report) by 2.9% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 22,051 shares of the financial services provider’s stock after purchasing an additional 618 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in AerCap were worth $1,916,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently added to or reduced their stakes in the company. Trust Co. of Vermont purchased a new position in AerCap in the 4th quarter worth $27,000. Assetmark Inc. bought a new stake in AerCap in the 4th quarter worth $42,000. CVA Family Office LLC bought a new stake in AerCap in the 1st quarter worth $52,000. Robeco Institutional Asset Management B.V. grew its holdings in AerCap by 13.8% in the 4th quarter. Robeco Institutional Asset Management B.V. now owns 83,931 shares of the financial services provider’s stock worth $62,000 after acquiring an additional 10,159 shares during the last quarter. Finally, Bourgeon Capital Management LLC grew its holdings in AerCap by 20,000.0% in the 4th quarter. Bourgeon Capital Management LLC now owns 1,005 shares of the financial services provider’s stock worth $75,000 after acquiring an additional 1,000 shares during the last quarter. Hedge funds and other institutional investors own 96.42% of the company’s stock.

AerCap Trading Down 0.3 %

NYSE:AER opened at $93.90 on Friday. AerCap Holdings has a one year low of $57.30 and a one year high of $96.95. The company has a debt-to-equity ratio of 2.70, a current ratio of 0.26 and a quick ratio of 0.26. The company’s 50-day simple moving average is $91.13 and its 200 day simple moving average is $83.42. The firm has a market capitalization of $18.59 billion, a P/E ratio of 6.11, a PEG ratio of 2.25 and a beta of 1.83.

AerCap (NYSE:AERGet Free Report) last posted its quarterly earnings data on Wednesday, May 8th. The financial services provider reported $3.29 EPS for the quarter, topping the consensus estimate of $2.31 by $0.98. AerCap had a net margin of 42.78% and a return on equity of 15.29%. The business had revenue of $2.02 billion for the quarter, compared to analyst estimates of $1.95 billion. During the same quarter in the previous year, the firm posted $2.34 earnings per share. AerCap’s quarterly revenue was up 8.1% on a year-over-year basis. As a group, analysts forecast that AerCap Holdings will post 10.61 EPS for the current fiscal year.

AerCap Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, June 13th. Shareholders of record on Wednesday, May 22nd were issued a $0.25 dividend. The ex-dividend date was Tuesday, May 21st. This represents a $1.00 annualized dividend and a yield of 1.06%. AerCap’s dividend payout ratio (DPR) is presently 6.51%.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on AER shares. Barclays raised their price target on shares of AerCap from $93.00 to $94.00 and gave the stock an “overweight” rating in a report on Thursday, May 2nd. Susquehanna raised their price target on shares of AerCap from $90.00 to $100.00 and gave the stock a “positive” rating in a report on Thursday, May 2nd. TD Cowen lifted their target price on shares of AerCap from $105.00 to $125.00 and gave the company a “buy” rating in a research note on Thursday, May 23rd. Morgan Stanley began coverage on shares of AerCap in a research note on Friday, June 7th. They set an “equal weight” rating and a $103.00 target price on the stock. Finally, Deutsche Bank Aktiengesellschaft lifted their target price on shares of AerCap from $95.00 to $110.00 and gave the company a “buy” rating in a research note on Thursday, May 9th. One investment analyst has rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. According to MarketBeat, AerCap has an average rating of “Moderate Buy” and an average target price of $97.56.

View Our Latest Stock Analysis on AerCap

AerCap Profile

(Free Report)

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.

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Institutional Ownership by Quarter for AerCap (NYSE:AER)

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