Aercap Holdings N.V. (NYSE:AER) Shares Purchased by Mitsubishi UFJ Asset Management Co. Ltd.

Mitsubishi UFJ Asset Management Co. Ltd. raised its stake in Aercap Holdings N.V. (NYSE:AER) by 9.7% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 153,700 shares of the financial services provider’s stock after acquiring an additional 13,596 shares during the quarter. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in Aercap were worth $15,704,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the stock. Signaturefd LLC lifted its holdings in Aercap by 1.8% in the first quarter. Signaturefd LLC now owns 5,819 shares of the financial services provider’s stock valued at $595,000 after acquiring an additional 102 shares during the period. Allworth Financial LP lifted its holdings in Aercap by 8.0% in the first quarter. Allworth Financial LP now owns 1,566 shares of the financial services provider’s stock valued at $160,000 after acquiring an additional 116 shares during the period. Nissay Asset Management Corp Japan ADV lifted its holdings in Aercap by 0.9% in the fourth quarter. Nissay Asset Management Corp Japan ADV now owns 24,096 shares of the financial services provider’s stock valued at $2,301,000 after acquiring an additional 209 shares during the period. Mather Group LLC. raised its stake in shares of Aercap by 230.1% during the 1st quarter. Mather Group LLC. now owns 307 shares of the financial services provider’s stock worth $31,000 after buying an additional 214 shares during the period. Finally, Winthrop Capital Management LLC raised its stake in shares of Aercap by 4.9% during the 1st quarter. Winthrop Capital Management LLC now owns 4,602 shares of the financial services provider’s stock worth $470,000 after buying an additional 216 shares during the period. 96.42% of the stock is owned by institutional investors and hedge funds.

Aercap Stock Up 0.1%

Shares of AER opened at $110.40 on Tuesday. The company has a debt-to-equity ratio of 2.57, a quick ratio of 0.44 and a current ratio of 0.44. Aercap Holdings N.V. has a one year low of $85.57 and a one year high of $118.07. The stock has a market capitalization of $20.62 billion, a price-to-earnings ratio of 6.87, a PEG ratio of 2.21 and a beta of 1.44. The stock has a 50 day moving average price of $113.77 and a 200 day moving average price of $106.23.

Aercap (NYSE:AER) last issued its quarterly earnings results on Wednesday, July 30th. The financial services provider reported $2.83 EPS for the quarter, topping the consensus estimate of $2.75 by $0.08. Aercap had a return on equity of 13.13% and a net margin of 36.93%. The firm had revenue of $1.89 billion during the quarter, compared to analysts’ expectations of $2.03 billion. During the same period in the previous year, the business earned $3.01 earnings per share. The firm’s revenue for the quarter was down 3.6% on a year-over-year basis. Equities research analysts forecast that Aercap Holdings N.V. will post 11.29 earnings per share for the current fiscal year.

Aercap Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 4th. Shareholders of record on Wednesday, August 13th will be issued a $0.27 dividend. This represents a $1.08 annualized dividend and a yield of 1.0%. The ex-dividend date is Wednesday, August 13th. Aercap’s dividend payout ratio is presently 6.72%.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on AER shares. Barclays upped their target price on Aercap from $115.00 to $131.00 and gave the stock an “overweight” rating in a research note on Thursday, July 10th. JPMorgan Chase & Co. upped their target price on Aercap from $112.00 to $114.00 and gave the stock an “overweight” rating in a research note on Thursday, May 1st. Susquehanna upped their target price on Aercap from $120.00 to $130.00 and gave the stock a “positive” rating in a research note on Tuesday, May 13th. Finally, Morgan Stanley upped their target price on Aercap from $111.00 to $120.00 and gave the stock an “equal weight” rating in a research note on Thursday, July 17th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $122.00.

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.