3,798 Shares in Aercap Holdings N.V. $AER Purchased by QRG Capital Management Inc.

QRG Capital Management Inc. purchased a new stake in shares of Aercap Holdings N.V. (NYSE:AER) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 3,798 shares of the financial services provider’s stock, valued at approximately $460,000.

Other hedge funds have also recently bought and sold shares of the company. Evergreen Capital Management LLC raised its stake in shares of Aercap by 33.9% during the 3rd quarter. Evergreen Capital Management LLC now owns 3,950 shares of the financial services provider’s stock worth $478,000 after purchasing an additional 1,001 shares in the last quarter. Versant Capital Management Inc increased its holdings in Aercap by 9.5% during the third quarter. Versant Capital Management Inc now owns 2,781 shares of the financial services provider’s stock worth $337,000 after buying an additional 241 shares during the last quarter. Pacific Capital Partners Ltd increased its holdings in Aercap by 58.0% during the third quarter. Pacific Capital Partners Ltd now owns 19,750 shares of the financial services provider’s stock worth $2,390,000 after buying an additional 7,250 shares during the last quarter. Argentarii LLC raised its position in Aercap by 35.8% during the third quarter. Argentarii LLC now owns 2,716 shares of the financial services provider’s stock worth $329,000 after acquiring an additional 716 shares in the last quarter. Finally, Nordea Investment Management AB lifted its stake in Aercap by 6.2% in the third quarter. Nordea Investment Management AB now owns 24,562 shares of the financial services provider’s stock valued at $3,007,000 after acquiring an additional 1,425 shares during the last quarter. 96.42% of the stock is currently owned by institutional investors.

Aercap Stock Performance

Shares of NYSE AER opened at $143.70 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 firm has a market cap of $26.84 billion, a price-to-earnings ratio of 6.81, a P/E/G ratio of 0.73 and a beta of 1.08. The stock’s fifty day moving average price is $140.51 and its two-hundred day moving average price is $127.18. Aercap Holdings N.V. has a one year low of $85.57 and a one year high of $149.24.

Aercap (NYSE:AER) last announced its earnings results on Wednesday, October 29th. The financial services provider reported $4.97 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.16 by $1.81. Aercap had a net margin of 45.41% and a return on equity of 15.16%. The company had revenue of $2.31 billion during the quarter, compared to analysts’ expectations of $2 billion. During the same quarter in the previous year, the business posted $2.41 earnings per share. Aercap’s quarterly revenue was up 18.5% on a year-over-year basis. Aercap has set its FY 2025 guidance at 13.700-13.700 EPS. On average, equities analysts forecast that Aercap Holdings N.V. will post 11.29 EPS for the current year.

Aercap Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, December 4th. Shareholders of record on Wednesday, November 12th were issued a $0.27 dividend. The ex-dividend date of this dividend was Wednesday, November 12th. This represents a $1.08 dividend on an annualized basis and a yield of 0.8%. Aercap’s payout ratio is currently 5.12%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on AER shares. Zacks Research cut shares of Aercap from a “strong-buy” rating to a “hold” rating in a report on Tuesday, December 30th. Bank of America boosted their price target on Aercap from $130.00 to $150.00 and gave the stock a “buy” rating in a research report on Tuesday, November 4th. Truist Financial initiated coverage on Aercap in a research note on Tuesday, December 9th. They issued a “buy” rating and a $159.00 price objective on the stock. Morgan Stanley lifted their target price on Aercap from $120.00 to $150.00 and gave the stock an “equal weight” rating in a research note on Tuesday, November 11th. Finally, TD Cowen reaffirmed a “buy” rating on shares of Aercap in a report on Thursday, October 30th. Seven analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $148.86.

Aercap Profile

AerCap Holdings N.V. (NYSE: AER) is a global aircraft leasing and aviation finance company that acquires, leases, sells and manages commercial aircraft and engines. Its core services include operating leases, finance leases, sale-and-leaseback transactions, aircraft trading and remarketing, and asset management for airline customers. The company also provides related commercial and technical support services designed to optimize fleet utilization and residual values over the life cycle of aircraft and engines.

Operating with a broad global footprint, AerCap serves airlines and other aviation customers across North America, Europe, Asia-Pacific, Latin America, the Middle East and Africa.