Aercap Holdings N.V. $AER Shares Bought by M3F Inc.

M3F Inc. lifted its holdings in Aercap Holdings N.V. (NYSE:AER) by 14.1% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 238,000 shares of the financial services provider’s stock after buying an additional 29,500 shares during the quarter. Aercap comprises 8.1% of M3F Inc.’s portfolio, making the stock its 3rd biggest holding. M3F Inc. owned about 0.14% of Aercap worth $32,649,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. DGS Capital Management LLC increased its position in Aercap by 11.1% in the 1st quarter. DGS Capital Management LLC now owns 13,005 shares of the financial services provider’s stock valued at $1,784,000 after acquiring an additional 1,301 shares in the last quarter. AdvisorShares Investments LLC bought a new stake in shares of Aercap during the first quarter valued at approximately $931,000. Fjarde AP Fonden Fourth Swedish National Pension Fund increased its holdings in shares of Aercap by 29.6% in the first quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 38,991 shares of the financial services provider’s stock valued at $5,349,000 after purchasing an additional 8,900 shares in the last quarter. Elevation Point Wealth Partners LLC acquired a new stake in shares of Aercap in the first quarter valued at approximately $270,000. Finally, Eagle Bay Advisors LLC raised its position in Aercap by 37.9% in the 1st quarter. Eagle Bay Advisors LLC now owns 1,822 shares of the financial services provider’s stock worth $250,000 after purchasing an additional 501 shares during the last quarter. Institutional investors and hedge funds own 96.42% of the company’s stock.

Aercap Price Performance

Shares of AER stock opened at $147.93 on Monday. The firm’s 50 day moving average price is $141.81 and its two-hundred day moving average price is $142.78. The company has a debt-to-equity ratio of 2.34, a quick ratio of 0.24 and a current ratio of 0.24. Aercap Holdings N.V. has a 52-week low of $105.65 and a 52-week high of $154.94. The stock has a market cap of $24.69 billion, a PE ratio of 6.48, a PEG ratio of 1.03 and a beta of 0.94.

Aercap (NYSE:AER) last issued its earnings results on Tuesday, March 31st. The financial services provider reported $5.39 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%. As a group, analysts forecast that Aercap Holdings N.V. will post 17.23 EPS for the current year.

Aercap declared that its Board of Directors has initiated a share buyback program on Wednesday, April 29th that authorizes the company to buyback $1.00 billion in outstanding shares. This buyback authorization authorizes the financial services provider to buy up to 4.3% of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s management believes its shares are undervalued.

Aercap Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 4th. Investors of record on Wednesday, May 13th were issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date was Wednesday, May 13th. Aercap’s dividend payout ratio is currently 7.01%.

Analyst Ratings Changes

A number of research analysts have commented on AER shares. Weiss Ratings lowered Aercap from a “buy (a-)” rating to a “buy (b+)” rating in a research report on Tuesday, May 26th. Zacks Research lowered Aercap from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 1st. JPMorgan Chase & Co. upped their price target on Aercap from $150.00 to $155.00 and gave the company an “overweight” rating in a research note on Thursday, April 30th. Morgan Stanley decreased their price target on Aercap from $160.00 to $155.00 and set an “equal weight” rating on the stock in a report on Thursday, April 30th. Finally, Truist Financial lifted their price objective on Aercap from $159.00 to $161.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. Eight investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, Aercap currently has an average rating of “Moderate Buy” and an average target price of $163.12.

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.