HRT Financial LP grew its position in shares of Aercap Holdings N.V. (NYSE:AER – Free Report) by 58.9% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 178,551 shares of the financial services provider’s stock after buying an additional 66,190 shares during the quarter. HRT Financial LP owned approximately 0.10% of Aercap worth $20,890,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds and other institutional investors have also modified their holdings of the company. American Century Companies Inc. boosted its position in shares of Aercap by 6.5% in the 1st quarter. American Century Companies Inc. now owns 129,341 shares of the financial services provider’s stock worth $13,215,000 after purchasing an additional 7,896 shares during the last quarter. Zurich Insurance Group Ltd FI increased its stake in shares of Aercap by 24.8% in the 1st quarter. Zurich Insurance Group Ltd FI now owns 129,682 shares of the financial services provider’s stock valued at $13,250,000 after acquiring an additional 25,780 shares during the last quarter. Alberta Investment Management Corp acquired a new stake in shares of Aercap in the 2nd quarter valued at approximately $1,849,000. Corton Capital Inc. bought a new position in Aercap during the 2nd quarter worth approximately $415,000. Finally, Meridian Wealth Management LLC raised its holdings in Aercap by 28.7% in the second quarter. Meridian Wealth Management LLC now owns 137,086 shares of the financial services provider’s stock worth $16,039,000 after purchasing an additional 30,543 shares during the period. Institutional investors and hedge funds own 96.42% of the company’s stock.
Analyst Ratings Changes
Several research analysts have weighed in on AER shares. Zacks Research upgraded Aercap from a “hold” rating to a “strong-buy” rating in a report on Thursday, October 16th. Weiss Ratings restated a “buy (b+)” rating on shares of Aercap in a report on Wednesday, October 8th. Susquehanna upped their price target on shares of Aercap from $134.00 to $157.00 and gave the company a “positive” rating in a report on Tuesday, November 11th. Morgan Stanley raised their price objective on shares of Aercap from $120.00 to $150.00 and gave the stock an “equal weight” rating in a report on Tuesday, November 11th. Finally, Bank of America upped their target price on shares of Aercap from $130.00 to $150.00 and gave the stock a “buy” rating in a research note on Tuesday, November 4th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $146.29.
Aercap Price Performance
Shares of NYSE AER opened at $139.41 on Friday. The company has a debt-to-equity ratio of 2.43, a current ratio of 0.30 and a quick ratio of 0.30. The business has a 50-day moving average of $130.24 and a 200-day moving average of $121.42. The stock has a market capitalization of $26.04 billion, a price-to-earnings ratio of 6.60, a PEG ratio of 0.74 and a beta of 1.13. Aercap Holdings N.V. has a fifty-two week low of $85.57 and a fifty-two week high of $142.25.
Aercap (NYSE:AER – Get Free Report) last issued its quarterly earnings results on Wednesday, October 29th. The financial services provider reported $4.97 EPS for the quarter, beating the consensus estimate of $3.16 by $1.81. The firm had revenue of $2.31 billion during the quarter, compared to analysts’ expectations of $2 billion. Aercap had a return on equity of 15.16% and a net margin of 45.41%.The business’s quarterly revenue was up 18.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.41 earnings per share. Aercap has set its FY 2025 guidance at 13.700-13.700 EPS. As a group, sell-side analysts predict that Aercap Holdings N.V. will post 11.29 earnings per share for the current fiscal year.
Aercap Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Thursday, December 4th. Shareholders of record on Wednesday, November 12th were given a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend was Wednesday, November 12th. Aercap’s dividend payout ratio is 5.12%.
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.
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