AerCap Holdings (NYSE:AER) Shares Sold by Swedbank AB

Swedbank AB reduced its stake in shares of AerCap Holdings (NYSE:AER) by 1.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 95,326 shares of the financial services provider’s stock after selling 918 shares during the quarter. Swedbank AB’s holdings in AerCap were worth $9,029,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in the stock. SVB Wealth LLC boosted its stake in shares of AerCap by 54.9% during the 1st quarter. SVB Wealth LLC now owns 4,462 shares of the financial services provider’s stock worth $388,000 after acquiring an additional 1,581 shares in the last quarter. Janus Henderson Group PLC boosted its position in AerCap by 31.1% during the first quarter. Janus Henderson Group PLC now owns 142,539 shares of the financial services provider’s stock worth $12,382,000 after purchasing an additional 33,852 shares in the last quarter. B. Riley Wealth Advisors Inc. acquired a new stake in AerCap in the first quarter valued at $304,000. California State Teachers Retirement System increased its position in shares of AerCap by 13.9% in the first quarter. California State Teachers Retirement System now owns 241,250 shares of the financial services provider’s stock valued at $20,967,000 after buying an additional 29,463 shares in the last quarter. Finally, Virtu Financial LLC acquired a new position in shares of AerCap during the 1st quarter worth $917,000. 96.42% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of brokerages recently commented on AER. The Goldman Sachs Group reissued a “buy” rating and issued a $119.00 price objective on shares of AerCap in a research note on Thursday, November 21st. Deutsche Bank Aktiengesellschaft increased their price target 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. Susquehanna lifted their price objective on AerCap from $100.00 to $108.00 and gave the stock a “positive” rating in a research report on Friday, August 2nd. Finally, Barclays increased their target price on AerCap from $111.00 to $113.00 and gave the company an “overweight” rating in a report on Friday, August 2nd. One investment analyst has rated the stock with a hold rating and six have assigned a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $112.00.

AerCap Price Performance

AER stock opened at $100.30 on Wednesday. The stock has a market capitalization of $19.85 billion, a price-to-earnings ratio of 7.95, a price-to-earnings-growth ratio of 2.21 and a beta of 1.83. The stock’s fifty day simple moving average is $95.74 and its 200-day simple moving average is $93.85. AerCap Holdings has a 52-week low of $66.34 and a 52-week 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 posted 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 net margin of 32.38% and a return on equity of 13.98%. The company had revenue of $1.95 billion during the quarter, compared to the consensus estimate of $1.92 billion. During the same quarter in the prior year, the company posted $2.81 EPS. The company’s quarterly revenue was up 3.0% compared to the same quarter last year. Equities research analysts expect that AerCap Holdings will post 11.26 EPS for the current year.

AerCap Announces Dividend

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

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.