Aercap Holdings N.V. $AER Shares Acquired by Assenagon Asset Management S.A.

Assenagon Asset Management S.A. boosted its holdings in Aercap Holdings N.V. (NYSE:AER) by 40.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,361,448 shares of the financial services provider’s stock after purchasing an additional 390,475 shares during the quarter. Assenagon Asset Management S.A. owned about 0.73% of Aercap worth $164,735,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. American Century Companies Inc. raised its holdings in Aercap by 6.5% during the first quarter. American Century Companies Inc. now owns 129,341 shares of the financial services provider’s stock worth $13,215,000 after purchasing an additional 7,896 shares in the last quarter. Zurich Insurance Group Ltd FI increased its position in Aercap by 24.8% during the 1st quarter. Zurich Insurance Group Ltd FI now owns 129,682 shares of the financial services provider’s stock worth $13,250,000 after purchasing an additional 25,780 shares during the period. Alberta Investment Management Corp purchased a new position in shares of Aercap during the 2nd quarter worth approximately $1,849,000. Corton Capital Inc. acquired a new stake in shares of Aercap in the 2nd quarter valued at approximately $415,000. Finally, Meridian Wealth Management LLC boosted its stake in shares of Aercap by 28.7% in the second quarter. Meridian Wealth Management LLC now owns 137,086 shares of the financial services provider’s stock valued at $16,039,000 after buying an additional 30,543 shares in the last quarter. 96.42% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

AER has been the subject of several research analyst reports. Zacks Research upgraded Aercap from a “hold” rating to a “strong-buy” rating in a research report on Thursday, October 16th. Barclays raised their price objective on shares of Aercap from $132.00 to $144.00 and gave the company an “overweight” rating in a research note on Thursday, October 30th. Weiss Ratings restated a “buy (b+)” rating on shares of Aercap in a research report on Wednesday, October 8th. Truist Financial initiated coverage on shares of Aercap in a report on Tuesday, December 9th. They issued a “buy” rating and a $159.00 target price for the company. Finally, Susquehanna lifted their price target on shares of Aercap from $134.00 to $157.00 and gave the company a “positive” rating in a research report on Tuesday, November 11th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $146.29.

Aercap Stock Down 0.2%

AER opened at $141.57 on Wednesday. The firm has a market cap of $26.44 billion, a P/E ratio of 6.71, a PEG ratio of 0.74 and a beta of 1.13. The business’s fifty day simple moving average is $130.93 and its 200 day simple moving average is $121.89. Aercap Holdings N.V. has a 52 week low of $85.57 and a 52 week high of $142.97. The company has a quick ratio of 0.30, a current ratio of 0.30 and a debt-to-equity ratio of 2.43.

Aercap (NYSE:AER) last announced its earnings results on Wednesday, October 29th. The financial services provider reported $4.97 earnings per share for the quarter, beating the consensus estimate of $3.16 by $1.81. The firm had revenue of $2.31 billion during the quarter, compared to the consensus estimate of $2 billion. Aercap had a net margin of 45.41% and a return on equity of 15.16%. The firm’s revenue for the quarter was up 18.5% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.41 EPS. Aercap has set its FY 2025 guidance at 13.700-13.700 EPS. As a group, equities research analysts anticipate that Aercap Holdings N.V. will post 11.29 EPS for the current fiscal year.

Aercap Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, December 4th. Shareholders of record on Wednesday, November 12th were paid a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend was Wednesday, November 12th. Aercap’s dividend payout ratio is currently 5.12%.

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.