Brookstone Capital Management Buys New Position in Aercap Holdings N.V. $AER

Brookstone Capital Management bought a new position in shares of Aercap Holdings N.V. (NYSE:AER) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 3,652 shares of the financial services provider’s stock, valued at approximately $525,000.

A number of other hedge funds have also added to or reduced their stakes in the business. Mather Group LLC. bought a new position in shares of Aercap during the 3rd quarter worth approximately $26,000. Advisory Services Network LLC acquired a new stake in shares of Aercap during the 3rd quarter worth approximately $35,000. GAMMA Investing LLC increased its stake in shares of Aercap by 36.5% in the 4th quarter. GAMMA Investing LLC now owns 359 shares of the financial services provider’s stock valued at $52,000 after acquiring an additional 96 shares in the last quarter. Geneos Wealth Management Inc. increased its stake in shares of Aercap by 26.6% in the 1st quarter. Geneos Wealth Management Inc. now owns 447 shares of the financial services provider’s stock valued at $46,000 after acquiring an additional 94 shares in the last quarter. Finally, Toth Financial Advisory Corp lifted its position in shares of Aercap by 66.7% during the 3rd quarter. Toth Financial Advisory Corp now owns 500 shares of the financial services provider’s stock valued at $60,000 after acquiring an additional 200 shares during the period. 96.42% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

AER has been the topic of several research analyst reports. TD Cowen reissued a “buy” rating on shares of Aercap in a research note on Monday, March 16th. Morgan Stanley upped their price objective on shares of Aercap from $150.00 to $160.00 and gave the company an “equal weight” rating in a report on Monday, March 2nd. Truist Financial began coverage on shares of Aercap in a research report on Tuesday, December 9th. They set a “buy” rating and a $159.00 price objective on the stock. Deutsche Bank Aktiengesellschaft set a $175.00 target price on Aercap and gave the company a “buy” rating in a research note on Tuesday, February 10th. Finally, Weiss Ratings restated a “buy (b+)” rating on shares of Aercap in a research note on Wednesday, January 21st. Eight equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $153.38.

Aercap Price Performance

Shares of AER opened at $139.00 on Monday. The business’s fifty day moving average is $142.46 and its 200 day moving average is $136.81. Aercap Holdings N.V. has a 12-month low of $85.57 and a 12-month high of $154.94. 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 stock has a market cap of $23.20 billion, a P/E ratio of 6.51, a P/E/G ratio of 1.23 and a beta of 0.99.

Aercap (NYSE:AER) last announced its quarterly earnings results on Saturday, February 7th. The financial services provider reported $3.95 EPS for the quarter, beating analysts’ consensus estimates of $3.31 by $0.64. Aercap had a net margin of 44.04% and a return on equity of 15.11%. 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 business posted $3.31 EPS. Aercap’s quarterly revenue was up 8.3% on a year-over-year basis. Sell-side analysts anticipate that Aercap Holdings N.V. will post 11.29 earnings per share for the current fiscal year.

Aercap Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 19th. Stockholders of record on Wednesday, February 25th were given a dividend of $0.40 per share. The ex-dividend date of this dividend was Wednesday, February 25th. This is a boost from Aercap’s previous quarterly dividend of $0.27. This represents a $1.60 annualized dividend and a dividend yield of 1.2%. Aercap’s payout ratio is presently 7.50%.

Aercap 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.