Short Interest in Aercap Holdings N.V. (NYSE:AER) Rises By 53.0%

Aercap Holdings N.V. (NYSE:AER) was the recipient of a significant growth in short interest in March. As of March 13th, there was short interest totaling 1,685,388 shares, a growth of 53.0% from the February 26th total of 1,101,578 shares. Based on an average daily trading volume, of 2,013,343 shares, the short-interest ratio is presently 0.8 days. Currently, 1.0% of the company’s stock are sold short.

Analyst Ratings Changes

AER has been the topic of a number of recent research reports. Weiss Ratings reiterated a “buy (b+)” rating on shares of Aercap in a research note on Wednesday, January 21st. Morgan Stanley boosted their price target on shares of Aercap from $150.00 to $160.00 and gave the stock an “equal weight” rating in a report on Monday, March 2nd. Deutsche Bank Aktiengesellschaft set a $175.00 price objective on shares of Aercap and gave the stock a “buy” rating in a research report on Tuesday, February 10th. Zacks Research cut shares of Aercap from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, December 30th. Finally, Barclays boosted their target price on Aercap from $144.00 to $162.00 and gave the stock an “overweight” rating in a research note on Tuesday, January 6th. Eight investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $153.38.

Aercap Stock Performance

NYSE AER opened at $133.43 on Monday. The firm has a market cap of $22.27 billion, a P/E ratio of 6.25, a price-to-earnings-growth ratio of 1.18 and a beta of 1.01. The company has a quick ratio of 0.23, a current ratio of 0.23 and a debt-to-equity ratio of 2.38. The company’s 50 day moving average is $143.06 and its 200-day moving average is $136.25. Aercap has a 12-month low of $85.57 and a 12-month high of $154.94.

Aercap (NYSE:AER) last posted its earnings results on Saturday, February 7th. The financial services provider reported $3.95 earnings per share for the quarter, beating analysts’ consensus estimates of $3.31 by $0.64. Aercap had a return on equity of 15.11% and a net margin of 44.04%.The business had revenue of $2.36 billion during the quarter, compared to analyst estimates of $2.07 billion. During the same quarter in the previous year, the firm earned $3.31 EPS. The company’s quarterly revenue was up 8.3% compared to the same quarter last year. Sell-side analysts predict that Aercap will post 11.29 earnings per share for the current year.

Aercap Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 19th. Investors of record on Wednesday, February 25th were given a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.2%. This is a boost from Aercap’s previous quarterly dividend of $0.27. The ex-dividend date was Wednesday, February 25th. Aercap’s dividend payout ratio (DPR) is 7.50%.

Institutional Trading of Aercap

A number of large investors have recently modified their holdings of AER. Mizuho Markets Cayman LP raised its position in Aercap by 45,615.5% in the 3rd quarter. Mizuho Markets Cayman LP now owns 3,510,491 shares of the financial services provider’s stock worth $424,769,000 after purchasing an additional 3,502,812 shares during the period. Norges Bank purchased a new stake in Aercap during the fourth quarter valued at about $352,172,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new position in shares of Aercap during the fourth quarter valued at about $282,665,000. L1 Capital International Pty Ltd increased its holdings in shares of Aercap by 344.2% in the fourth quarter. L1 Capital International Pty Ltd now owns 1,527,454 shares of the financial services provider’s stock worth $219,587,000 after buying an additional 1,183,616 shares during the period. Finally, Mawer Investment Management Ltd. increased its holdings in shares of Aercap by 56.3% in the fourth quarter. Mawer Investment Management Ltd. now owns 3,272,935 shares of the financial services provider’s stock worth $470,517,000 after buying an additional 1,179,241 shares during the period. Institutional investors own 96.42% of the company’s stock.

Aercap Company Profile

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.