Cambridge Investment Research Advisors Inc. Acquires 219 Shares of Aercap Holdings N.V. (NYSE:AER)

Cambridge Investment Research Advisors Inc. grew its position in shares of Aercap Holdings N.V. (NYSE:AER) by 2.7% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 8,465 shares of the financial services provider’s stock after purchasing an additional 219 shares during the quarter. Cambridge Investment Research Advisors Inc.’s holdings in Aercap were worth $865,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the company. O Shaughnessy Asset Management LLC lifted its stake in shares of Aercap by 11.3% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 18,664 shares of the financial services provider’s stock worth $1,786,000 after acquiring an additional 1,900 shares during the period. Lyrical Asset Management LP increased its holdings in shares of Aercap by 1.3% during the fourth quarter. Lyrical Asset Management LP now owns 3,097,840 shares of the financial services provider’s stock valued at $296,463,000 after acquiring an additional 38,264 shares in the last quarter. Charles Schwab Investment Management Inc. increased its holdings in shares of Aercap by 1.5% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 234,487 shares of the financial services provider’s stock valued at $22,440,000 after acquiring an additional 3,542 shares in the last quarter. Benjamin Edwards Inc. increased its holdings in shares of Aercap by 345.0% during the fourth quarter. Benjamin Edwards Inc. now owns 19,423 shares of the financial services provider’s stock valued at $1,859,000 after acquiring an additional 15,058 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC increased its holdings in shares of Aercap by 393.0% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 2,253 shares of the financial services provider’s stock valued at $216,000 after acquiring an additional 1,796 shares in the last quarter. 96.42% of the stock is owned by institutional investors and hedge funds.

Aercap Stock Up 0.7%

AER stock opened at $115.89 on Monday. The stock’s fifty day simple moving average is $113.18 and its two-hundred day simple moving average is $103.24. The company has a current ratio of 0.21, a quick ratio of 0.21 and a debt-to-equity ratio of 2.69. Aercap Holdings N.V. has a 1-year low of $82.21 and a 1-year high of $118.07. The stock has a market cap of $21.65 billion, a P/E ratio of 10.28, a P/E/G ratio of 2.36 and a beta of 1.38.

Aercap (NYSE:AER) last posted its quarterly earnings data on Wednesday, April 30th. The financial services provider reported $3.68 earnings per share for the quarter, topping the consensus estimate of $2.69 by $0.99. Aercap had a return on equity of 13.84% and a net margin of 26.53%. The business had revenue of $2.08 billion for the quarter, compared to analysts’ expectations of $2.01 billion. During the same quarter in the previous year, the firm earned $3.29 earnings per share. The business’s revenue was up 2.9% on a year-over-year basis. Analysts expect that Aercap Holdings N.V. will post 11.29 EPS for the current year.

Aercap Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, June 5th. Stockholders of record on Wednesday, May 14th were given a dividend of $0.27 per share. The ex-dividend date of this dividend was Wednesday, May 14th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 0.93%. Aercap’s dividend payout ratio is presently 9.58%.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on AER shares. Morgan Stanley upped their price target on Aercap from $101.00 to $111.00 and gave the stock an “equal weight” rating in a report on Thursday, May 1st. JPMorgan Chase & Co. upped their price target on Aercap from $112.00 to $114.00 and gave the stock an “overweight” rating in a report on Thursday, May 1st. Finally, Susquehanna upped their price target on Aercap from $120.00 to $130.00 and gave the stock a “positive” rating in a report on Tuesday, May 13th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and seven have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $119.25.

Aercap 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.