Caption Management LLC Takes Position in AerCap Holdings (NYSE:AER)

Caption Management LLC purchased a new position in AerCap Holdings (NYSE:AER) in the 4th quarter, HoldingsChannel.com reports. The fund purchased 7,000 shares of the financial services provider’s stock, valued at approximately $670,000.

A number of other large investors also recently added to or reduced their stakes in AER. Cetera Investment Advisers increased its stake in shares of AerCap by 7.7% during the fourth quarter. Cetera Investment Advisers now owns 25,851 shares of the financial services provider’s stock worth $2,474,000 after purchasing an additional 1,849 shares in the last quarter. Bridgefront Capital LLC acquired a new stake in AerCap in the 4th quarter worth about $542,000. Captrust Financial Advisors increased its stake in AerCap by 37.2% during the 4th quarter. Captrust Financial Advisors now owns 37,081 shares of the financial services provider’s stock worth $3,549,000 after buying an additional 10,057 shares in the last quarter. Beverly Hills Private Wealth LLC raised its holdings in shares of AerCap by 11.7% during the fourth quarter. Beverly Hills Private Wealth LLC now owns 18,640 shares of the financial services provider’s stock valued at $1,784,000 after acquiring an additional 1,947 shares during the last quarter. Finally, Benjamin Edwards Inc. boosted its stake in shares of AerCap by 345.0% in the fourth quarter. Benjamin Edwards Inc. now owns 19,423 shares of the financial services provider’s stock worth $1,859,000 after acquiring an additional 15,058 shares during the last quarter. 96.42% of the stock is currently owned by institutional investors and hedge funds.

AerCap Price Performance

Shares of AER stock opened at $107.81 on Wednesday. The company has a debt-to-equity ratio of 2.89, a current ratio of 0.67 and a quick ratio of 0.67. The company has a market capitalization of $20.14 billion, a PE ratio of 8.54, a price-to-earnings-growth ratio of 2.22 and a beta of 1.41. The firm’s 50-day moving average is $99.75 and its two-hundred day moving average is $97.80. AerCap Holdings has a 12 month low of $82.21 and a 12 month high of $108.79.

AerCap (NYSE:AER) last released its quarterly earnings results on Wednesday, April 30th. The financial services provider reported $3.68 EPS for the quarter, beating the consensus estimate of $2.69 by $0.99. The firm had revenue of $2.08 billion for the quarter, compared to analyst estimates of $2.01 billion. AerCap had a net margin of 32.38% and a return on equity of 13.98%. The business’s revenue for the quarter was up 2.9% compared to the same quarter last year. During the same quarter in the previous year, the company earned $3.29 EPS. Analysts predict that AerCap Holdings will post 11.29 earnings per share for the current year.

AerCap Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 5th. Stockholders of record on Wednesday, May 14th will be issued a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.00%. The ex-dividend date of this dividend is Wednesday, May 14th. AerCap’s dividend payout ratio is presently 9.58%.

AerCap declared that its board has approved a share buyback plan on Wednesday, February 26th that authorizes the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization authorizes the financial services provider to reacquire up to 4.9% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company’s board of directors believes its stock is undervalued.

Analysts Set New Price Targets

Several research firms recently commented on AER. Susquehanna increased their price objective on AerCap from $108.00 to $120.00 and gave the company a “positive” rating in a research note on Thursday, February 27th. Bank of America increased their target price on shares of AerCap from $105.00 to $125.00 and gave the company a “buy” rating in a research report on Friday, March 7th. JPMorgan Chase & Co. boosted their price target on shares of AerCap from $112.00 to $114.00 and gave the stock an “overweight” rating in a research report on Thursday, May 1st. Morgan Stanley increased their price objective on shares of AerCap from $101.00 to $111.00 and gave the company an “equal weight” rating in a report on Thursday, May 1st. Finally, UBS Group cut AerCap to an “underperform” rating in a report on Friday, March 7th. One analyst has rated the stock with a sell rating, one has given a hold rating and seven have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $118.00.

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.