Lbp Am Sa Sells 56,544 Shares of Aercap Holdings N.V. $AER

Lbp Am Sa lowered its position in Aercap Holdings N.V. (NYSE:AER) by 91.8% during the 4th quarter, Holdings Channel reports. The fund owned 5,067 shares of the financial services provider’s stock after selling 56,544 shares during the period. Lbp Am Sa’s holdings in Aercap were worth $728,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Mather Group LLC. bought a new position in Aercap in the third quarter worth approximately $26,000. Harbor Capital Advisors Inc. bought a new position in Aercap in the fourth quarter worth approximately $27,000. Advisory Services Network LLC bought a new position in Aercap in the third quarter worth approximately $35,000. Geneos Wealth Management Inc. boosted its holdings in Aercap by 26.6% in the first quarter. Geneos Wealth Management Inc. now owns 447 shares of the financial services provider’s stock worth $46,000 after acquiring an additional 94 shares in the last quarter. Finally, GAMMA Investing LLC boosted its holdings in Aercap by 36.5% in the fourth quarter. GAMMA Investing LLC now owns 359 shares of the financial services provider’s stock worth $52,000 after acquiring an additional 96 shares in the last quarter. Institutional investors own 96.42% of the company’s stock.

Aercap Stock Performance

Shares of AER opened at $147.38 on Friday. The company has a current ratio of 0.23, a quick ratio of 0.23 and a debt-to-equity ratio of 2.38. The company has a market capitalization of $24.59 billion, a price-to-earnings ratio of 6.91, a PEG ratio of 1.25 and a beta of 0.99. The stock has a 50 day moving average of $142.83 and a 200 day moving average of $138.36. Aercap Holdings N.V. has a 12 month low of $93.28 and a 12 month high of $154.94.

Aercap (NYSE:AER) last issued its quarterly earnings results on Saturday, February 7th. The financial services provider reported $3.95 EPS for the quarter, beating analysts’ consensus estimates of $3.31 by $0.64. The company had revenue of $2.36 billion during the quarter, compared to the consensus estimate of $2.07 billion. Aercap had a return on equity of 15.11% and a net margin of 44.04%.Aercap’s revenue was up 8.3% on a year-over-year basis. During the same period last year, the business posted $3.31 earnings per share. As a group, sell-side analysts forecast that Aercap Holdings N.V. will post 11.29 earnings per share for the current year.

Aercap Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 19th. Investors of record on Wednesday, February 25th were given a dividend of $0.40 per share. The ex-dividend date of this dividend was Wednesday, February 25th. This is a positive change from Aercap’s previous quarterly dividend of $0.27. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.1%. Aercap’s dividend payout ratio (DPR) is 7.50%.

Wall Street Analyst Weigh In

Several brokerages have issued reports on AER. TD Cowen reiterated a “buy” rating on shares of Aercap in a report on Monday, March 16th. Deutsche Bank Aktiengesellschaft set a $175.00 price target on Aercap and gave the stock a “buy” rating in a report on Tuesday, February 10th. Weiss Ratings restated a “buy (b+)” rating on shares of Aercap in a report on Wednesday, January 21st. Zacks Research lowered Aercap from a “strong-buy” rating to a “hold” rating in a report on Tuesday, December 30th. Finally, Barclays raised their target price on Aercap from $144.00 to $162.00 and gave the company an “overweight” rating in a report on Tuesday, January 6th. Eight equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $153.38.

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.