180 Wealth Advisors LLC Raises Holdings in AerCap Holdings (NYSE:AER)

180 Wealth Advisors LLC boosted its position in AerCap Holdings (NYSE:AER) by 30.9% in the 1st quarter, Holdings Channel reports. The fund owned 14,691 shares of the financial services provider’s stock after purchasing an additional 3,472 shares during the period. 180 Wealth Advisors LLC’s holdings in AerCap were worth $1,501,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Bank of New York Mellon Corp lifted its holdings in shares of AerCap by 1.0% during the 4th quarter. Bank of New York Mellon Corp now owns 446,303 shares of the financial services provider’s stock valued at $42,711,000 after acquiring an additional 4,222 shares in the last quarter. O Shaughnessy Asset Management LLC lifted its holdings in shares of AerCap by 11.3% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 18,664 shares of the financial services provider’s stock valued at $1,786,000 after acquiring an additional 1,900 shares in the last quarter. Barclays PLC lifted its holdings in shares of AerCap by 95.5% during the 3rd quarter. Barclays PLC now owns 91,707 shares of the financial services provider’s stock valued at $8,687,000 after acquiring an additional 44,797 shares in the last quarter. Lyrical Asset Management LP lifted its holdings in shares of AerCap by 1.3% during the 4th 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. Finally, Blue Trust Inc. lifted its holdings in shares of AerCap by 51.7% during the 4th quarter. Blue Trust Inc. now owns 1,388 shares of the financial services provider’s stock valued at $131,000 after acquiring an additional 473 shares in the last quarter. 96.42% of the stock is owned by hedge funds and other institutional investors.

AerCap Trading Up 0.6%

Shares of NYSE:AER opened at $115.50 on Friday. The company has a 50 day moving average of $103.83 and a 200-day moving average of $99.88. The firm has a market cap of $21.57 billion, a P/E ratio of 9.15, a P/E/G ratio of 2.22 and a beta of 1.41. AerCap Holdings has a twelve month low of $82.21 and a twelve month high of $115.98. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 2.89.

AerCap (NYSE:AER) last issued its quarterly earnings results on Wednesday, April 30th. The financial services provider reported $3.68 earnings per share for the quarter, topping analysts’ consensus estimates of $2.69 by $0.99. The company had revenue of $2.08 billion during 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 period in the prior year, the business posted $3.29 EPS. As a group, analysts anticipate that AerCap Holdings will post 11.29 earnings per share for the current fiscal year.

AerCap announced that its board has approved a share repurchase program on Wednesday, February 26th that allows the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization allows the financial services provider to purchase up to 4.9% of its stock through open market purchases. Stock repurchase programs are often a sign that the company’s board of directors believes its shares are undervalued.

AerCap Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 5th. Stockholders of record on Wednesday, May 14th will be paid a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a dividend yield of 0.94%. The ex-dividend date is Wednesday, May 14th. AerCap’s dividend payout ratio is currently 9.58%.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on AER shares. JPMorgan Chase & Co. lifted their target price on shares of AerCap from $112.00 to $114.00 and gave the company an “overweight” rating in a report on Thursday, May 1st. Bank of America lifted their price target on shares of AerCap from $105.00 to $125.00 and gave the stock a “buy” rating in a research note on Friday, March 7th. Morgan Stanley lifted their price target on shares of AerCap from $101.00 to $111.00 and gave the stock an “equal weight” rating in a research note on Thursday, May 1st. UBS Group downgraded shares of AerCap to an “underperform” rating in a research report on Friday, March 7th. Finally, Barclays reaffirmed an “overweight” rating and set a $115.00 price objective (up previously from $113.00) on shares of AerCap in a research report on Thursday, February 27th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and seven have given a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average 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.