AerCap Holdings (NYSE:AER) Position Boosted by SG Americas Securities LLC

SG Americas Securities LLC raised its holdings in shares of AerCap Holdings (NYSE:AER) by 159.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 46,261 shares of the financial services provider’s stock after acquiring an additional 28,452 shares during the period. SG Americas Securities LLC’s holdings in AerCap were worth $4,427,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in AER. Truvestments Capital LLC acquired a new stake in shares of AerCap in the 3rd quarter worth approximately $35,000. Fortitude Family Office LLC bought a new stake in AerCap during the fourth quarter worth approximately $38,000. UMB Bank n.a. lifted its position in AerCap by 35.5% in the third quarter. UMB Bank n.a. now owns 664 shares of the financial services provider’s stock worth $63,000 after purchasing an additional 174 shares during the period. Transamerica Financial Advisors Inc. acquired a new position in shares of AerCap during the 3rd quarter valued at $64,000. Finally, Quantbot Technologies LP bought a new stake in shares of AerCap in the 3rd quarter worth $66,000. Institutional investors and hedge funds own 96.42% of the company’s stock.

AerCap Trading Down 0.2 %

NYSE:AER opened at $95.05 on Friday. The stock has a fifty day simple moving average of $96.09 and a 200 day simple moving average of $95.01. The firm has a market capitalization of $18.81 billion, a price-to-earnings ratio of 7.53, a price-to-earnings-growth ratio of 2.07 and a beta of 1.82. AerCap Holdings has a 1-year low of $75.83 and a 1-year high of $100.81. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 2.89.

AerCap (NYSE:AER) last released its earnings results on Wednesday, October 30th. The financial services provider reported $2.41 earnings per share for the quarter, hitting the consensus estimate of $2.41. The business had revenue of $1.95 billion for the quarter, compared to the consensus estimate of $1.92 billion. AerCap had a net margin of 32.38% and a return on equity of 13.98%. The firm’s quarterly revenue was up 3.0% compared to the same quarter last year. During the same period last year, the firm posted $2.81 earnings per share. Sell-side analysts forecast that AerCap Holdings will post 11.26 earnings per share for the current year.

AerCap Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, December 5th. Stockholders of record on Wednesday, November 13th were issued a $0.25 dividend. The ex-dividend date of this dividend was Wednesday, November 13th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.05%. AerCap’s payout ratio is currently 7.92%.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on AER shares. The Goldman Sachs Group reaffirmed a “buy” rating and set a $119.00 target price on shares of AerCap in a research note on Thursday, November 21st. Deutsche Bank Aktiengesellschaft raised their price objective on shares of AerCap from $110.00 to $115.00 and gave the company a “buy” rating in a research report on Tuesday, October 22nd. One research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat, AerCap currently has an average rating of “Moderate Buy” and an average target price of $112.00.

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.