LSV Asset Management boosted its stake in shares of Aercap Holdings N.V. (NYSE:AER – Free Report) by 246.1% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 354,800 shares of the financial services provider’s stock after purchasing an additional 252,300 shares during the quarter. LSV Asset Management’s holdings in Aercap were worth $42,931,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds also recently made changes to their positions in AER. Savant Capital LLC grew its holdings in shares of Aercap by 2.4% in the 3rd quarter. Savant Capital LLC now owns 3,417 shares of the financial services provider’s stock worth $413,000 after purchasing an additional 80 shares during the last quarter. Kathmere Capital Management LLC boosted its position in Aercap by 3.9% in the third quarter. Kathmere Capital Management LLC now owns 2,246 shares of the financial services provider’s stock valued at $272,000 after buying an additional 85 shares in the last quarter. Geneos Wealth Management Inc. grew its stake in Aercap by 26.6% during the first quarter. Geneos Wealth Management Inc. now owns 447 shares of the financial services provider’s stock worth $46,000 after buying an additional 94 shares during the last quarter. Lido Advisors LLC increased its holdings in shares of Aercap by 3.9% during the second quarter. Lido Advisors LLC now owns 2,626 shares of the financial services provider’s stock worth $307,000 after buying an additional 99 shares in the last quarter. Finally, Snowden Capital Advisors LLC increased its holdings in shares of Aercap by 3.0% during the second quarter. Snowden Capital Advisors LLC now owns 3,622 shares of the financial services provider’s stock worth $424,000 after buying an additional 105 shares in the last quarter. Institutional investors and hedge funds own 96.42% of the company’s stock.
Aercap Trading Up 1.7%
AER stock opened at $150.33 on Friday. The company has a quick ratio of 0.30, a current ratio of 0.23 and a debt-to-equity ratio of 2.38. Aercap Holdings N.V. has a twelve month low of $85.57 and a twelve month high of $150.93. The company has a market cap of $28.08 billion, a P/E ratio of 7.04, a PEG ratio of 1.28 and a beta of 1.05. The business has a fifty day moving average of $143.85 and a 200-day moving average of $130.61.
Aercap Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 19th. Investors of record on Wednesday, February 25th will be paid a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.1%. This is a positive change from Aercap’s previous quarterly dividend of $0.27. The ex-dividend date of this dividend is Wednesday, February 25th. Aercap’s payout ratio is presently 5.06%.
Wall Street Analysts Forecast Growth
AER has been the topic of a number of research analyst reports. Weiss Ratings restated a “buy (b+)” rating on shares of Aercap in a research report on Wednesday, January 21st. Morgan Stanley boosted their price objective on Aercap from $120.00 to $150.00 and gave the stock an “equal weight” rating in a research note on Tuesday, November 11th. Susquehanna raised their target price on Aercap from $134.00 to $157.00 and gave the company a “positive” rating in a research note on Tuesday, November 11th. Bank of America lifted their price target on Aercap from $130.00 to $150.00 and gave the company a “buy” rating in a report on Tuesday, November 4th. Finally, TD Cowen restated a “buy” rating on shares of Aercap in a research report on Thursday, October 30th. Eight research 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 data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $152.13.
About Aercap
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.
See Also
- Five stocks we like better than Aercap
- ALERT: Drop these 5 stocks before January 2026!
- Buy This Stock Now
- Trump Planning to Use Public Law 63-43: Prepare Now
- Think You Missed Silver? You’re Wrong. Here’s Why.
- Your Bank Account Is No Longer Safe
Want to see what other hedge funds are holding AER? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Aercap Holdings N.V. (NYSE:AER – Free Report).
Receive News & Ratings for Aercap Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aercap and related companies with MarketBeat.com's FREE daily email newsletter.
