AerCap Holdings (NYSE:AER) Shares Purchased by Nomura Asset Management Co. Ltd.

Nomura Asset Management Co. Ltd. boosted its position in shares of AerCap Holdings (NYSE:AER) by 0.5% during the third quarter, Holdings Channel reports. The firm owned 58,671 shares of the financial services provider’s stock after buying an additional 320 shares during the quarter. Nomura Asset Management Co. Ltd.’s holdings in AerCap were worth $5,557,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. Blue Trust Inc. boosted its position in shares of AerCap by 89.9% in the 2nd quarter. Blue Trust Inc. now owns 283 shares of the financial services provider’s stock worth $25,000 after buying an additional 134 shares in the last quarter. Truvestments Capital LLC acquired a new position in AerCap during the third quarter worth about $35,000. UMB Bank n.a. lifted its holdings in shares of AerCap by 35.5% in the third quarter. UMB Bank n.a. now owns 664 shares of the financial services provider’s stock valued at $63,000 after purchasing an additional 174 shares in the last quarter. Transamerica Financial Advisors Inc. purchased a new stake in shares of AerCap in the third quarter valued at about $64,000. Finally, Quantbot Technologies LP acquired a new stake in shares of AerCap in the third quarter valued at approximately $66,000. Institutional investors and hedge funds own 96.42% of the company’s stock.

AerCap Trading Up 0.7 %

Shares of AER opened at $95.66 on Friday. AerCap Holdings has a fifty-two week low of $70.48 and a fifty-two week high of $100.81. The company has a market capitalization of $18.93 billion, a PE ratio of 7.58, a price-to-earnings-growth ratio of 2.17 and a beta of 1.82. The stock has a fifty day moving average of $96.39 and a two-hundred day moving average of $94.39. The company has a debt-to-equity ratio of 2.89, a quick ratio of 0.67 and a current ratio of 0.67.

AerCap (NYSE:AER) last announced its quarterly earnings data on Wednesday, October 30th. The financial services provider reported $2.41 EPS for the quarter, meeting analysts’ consensus estimates of $2.41. AerCap had a return on equity of 13.98% and a net margin of 32.38%. The business had revenue of $1.95 billion during the quarter, compared to the consensus estimate of $1.92 billion. During the same quarter in the previous year, the business earned $2.81 earnings per share. The business’s revenue for the quarter was up 3.0% on a year-over-year basis. As a group, analysts forecast that AerCap Holdings will post 11.26 EPS for the current year.

AerCap Dividend Announcement

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

Wall Street Analyst Weigh In

A number of research firms recently issued reports on AER. Deutsche Bank Aktiengesellschaft upped their target price on AerCap from $110.00 to $115.00 and gave the company a “buy” rating in a research note on Tuesday, October 22nd. The Goldman Sachs Group restated a “buy” rating and issued a $119.00 price objective on shares of AerCap in a research report on Thursday, November 21st. One investment analyst has rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus 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.