Aercap Holdings N.V. $AER Shares Sold by Daiwa Securities Group Inc.

Daiwa Securities Group Inc. decreased its holdings in Aercap Holdings N.V. (NYSE:AER) by 8.0% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 105,103 shares of the financial services provider’s stock after selling 9,182 shares during the quarter. Daiwa Securities Group Inc.’s holdings in Aercap were worth $15,110,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Wedmont Private Capital boosted its stake in Aercap by 3.9% in the 4th quarter. Wedmont Private Capital now owns 1,979 shares of the financial services provider’s stock worth $290,000 after purchasing an additional 74 shares during the period. Argentarii LLC boosted its stake in Aercap by 2.8% in the 4th quarter. Argentarii LLC now owns 2,793 shares of the financial services provider’s stock worth $402,000 after purchasing an additional 77 shares during the period. Savant Capital LLC boosted its stake in 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 period. Geneos Wealth Management Inc. boosted its stake in Aercap by 26.6% in the 1st quarter. Geneos Wealth Management Inc. now owns 447 shares of the financial services provider’s stock worth $46,000 after purchasing an additional 94 shares during the period. Finally, Huntington National Bank boosted its stake in Aercap by 11.7% in the 3rd quarter. Huntington National Bank now owns 895 shares of the financial services provider’s stock worth $108,000 after purchasing an additional 94 shares during the period. Institutional investors and hedge funds own 96.42% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently commented on AER shares. Truist Financial raised their price objective on shares of Aercap from $159.00 to $161.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. Barclays raised their price objective on shares of Aercap from $162.00 to $164.00 and gave the stock an “overweight” rating in a research note on Thursday, April 30th. Morgan Stanley decreased their target price on shares of Aercap from $160.00 to $155.00 and set an “equal weight” rating for the company in a research note on Thursday, April 30th. JPMorgan Chase & Co. lifted their target price on shares of Aercap from $150.00 to $155.00 and gave the company an “overweight” rating in a research note on Thursday, April 30th. Finally, Deutsche Bank Aktiengesellschaft set a $175.00 target price on shares of Aercap and gave the company a “buy” rating in a research note on Tuesday, February 10th. Eight analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, Aercap currently has an average rating of “Moderate Buy” and an average price target of $163.13.

Aercap Trading Up 0.2%

Shares of NYSE:AER opened at $136.67 on Friday. The firm has a fifty day moving average of $140.92 and a two-hundred day moving average of $141.59. The firm has a market capitalization of $22.81 billion, a P/E ratio of 5.99, a price-to-earnings-growth ratio of 0.95 and a beta of 0.93. Aercap Holdings N.V. has a 12-month low of $105.65 and a 12-month high of $154.94. The company has a quick ratio of 0.24, a current ratio of 0.24 and a debt-to-equity ratio of 2.34.

Aercap (NYSE:AER) last issued its earnings results on Tuesday, March 31st. The financial services provider reported $5.39 earnings per share (EPS) for the quarter. The company had revenue of $2.30 billion during the quarter. Aercap had a net margin of 45.22% and a return on equity of 16.01%. On average, equities analysts expect that Aercap Holdings N.V. will post 17.23 EPS for the current fiscal year.

Aercap Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 4th. Stockholders of record on Wednesday, May 13th were issued a dividend of $0.40 per share. The ex-dividend date was Wednesday, May 13th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.2%. Aercap’s dividend payout ratio (DPR) is currently 7.01%.

Aercap declared that its board has authorized a share repurchase plan on Wednesday, April 29th that allows the company to buyback $1.00 billion in outstanding shares. This buyback authorization allows the financial services provider to reacquire up to 4.3% of its stock through open market purchases. Stock buyback plans are often a sign that the company’s management believes its shares are undervalued.

Aercap Company 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.