Aercap Holdings N.V. (NYSE:AER) Shares Sold by Cypress Capital Management LLC WY

Cypress Capital Management LLC WY decreased its position in Aercap Holdings N.V. (NYSE:AER) by 2.5% during the 1st quarter, Holdings Channel reports. The fund owned 13,927 shares of the financial services provider’s stock after selling 359 shares during the quarter. Aercap comprises about 1.7% of Cypress Capital Management LLC WY’s holdings, making the stock its 20th biggest position. Cypress Capital Management LLC WY’s holdings in Aercap were worth $1,427,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in AER. Signaturefd LLC increased its position in Aercap by 1.8% during the first quarter. Signaturefd LLC now owns 5,819 shares of the financial services provider’s stock worth $595,000 after purchasing an additional 102 shares during the last quarter. Allworth Financial LP raised its holdings in shares of Aercap by 8.0% during the first quarter. Allworth Financial LP now owns 1,566 shares of the financial services provider’s stock worth $160,000 after purchasing an additional 116 shares during the period. Nissay Asset Management Corp Japan ADV raised its holdings in shares of Aercap by 0.9% during the fourth quarter. Nissay Asset Management Corp Japan ADV now owns 24,096 shares of the financial services provider’s stock worth $2,301,000 after purchasing an additional 209 shares during the period. Mather Group LLC. increased its holdings in shares of Aercap by 230.1% in the 1st quarter. Mather Group LLC. now owns 307 shares of the financial services provider’s stock worth $31,000 after acquiring an additional 214 shares during the period. Finally, Cambridge Investment Research Advisors Inc. increased its stake in Aercap by 2.7% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 8,465 shares of the financial services provider’s stock valued at $865,000 after buying an additional 219 shares during the period. Hedge funds and other institutional investors own 96.42% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on AER shares. Barclays raised their price objective 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. boosted their target price 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 lifted their price target on shares of Aercap from $111.00 to $120.00 and gave the stock an “equal weight” rating in a research note on Thursday. Finally, Susquehanna boosted their target price on shares of Aercap from $120.00 to $130.00 and gave the company a “positive” rating in a research note on Tuesday, May 13th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat.com, Aercap currently has an average rating of “Moderate Buy” and an average price target of $122.38.

Aercap Price Performance

Aercap stock opened at $112.13 on Friday. The company has a debt-to-equity ratio of 2.69, a quick ratio of 0.21 and a current ratio of 0.21. Aercap Holdings N.V. has a 52-week low of $82.21 and a 52-week high of $118.07. The stock’s 50 day moving average price is $114.69 and its two-hundred day moving average price is $104.45. The stock has a market capitalization of $20.94 billion, a price-to-earnings ratio of 9.95, a PEG ratio of 2.36 and a beta of 1.38.

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 analysts’ consensus estimates of $2.69 by $0.99. The business had revenue of $2.08 billion during the quarter, compared to analyst estimates of $2.01 billion. Aercap had a return on equity of 13.84% and a net margin of 26.53%. Aercap’s quarterly revenue was up 2.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $3.29 EPS. On average, equities analysts predict that Aercap Holdings N.V. will post 11.29 earnings per share for the current year.

Aercap Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 5th. Stockholders of record on Wednesday, May 14th were given a dividend of $0.27 per share. The ex-dividend date was Wednesday, May 14th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 0.96%. Aercap’s dividend payout ratio (DPR) is presently 9.58%.

About Aercap

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.