3,473 Shares in Aercap Holdings N.V. $AER Bought by Resolute Advisors LLC

Resolute Advisors LLC bought a new position in shares of Aercap Holdings N.V. (NYSE:AER) during the 1st quarter, according to its most recent disclosure with the SEC. The fund bought 3,473 shares of the financial services provider’s stock, valued at approximately $476,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Arkadios Wealth Advisors boosted its holdings in Aercap by 2.7% in the fourth quarter. Arkadios Wealth Advisors now owns 2,525 shares of the financial services provider’s stock valued at $363,000 after acquiring an additional 67 shares during the last quarter. Wedmont Private Capital lifted its position in shares of 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. Parallel Advisors LLC lifted its position in shares of Aercap by 7.1% in the 1st quarter. Parallel Advisors LLC now owns 1,110 shares of the financial services provider’s stock worth $152,000 after purchasing an additional 74 shares during the period. Argentarii LLC boosted its stake in shares of Aercap by 2.8% in the 4th quarter. Argentarii LLC now owns 2,793 shares of the financial services provider’s stock valued at $402,000 after purchasing an additional 77 shares during the last quarter. Finally, Geneos Wealth Management Inc. increased its position in shares of 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 period. Institutional investors and hedge funds own 96.42% of the company’s stock.

Aercap Price Performance

Shares of NYSE AER opened at $148.47 on Tuesday. The firm has a market capitalization of $24.78 billion, a P/E ratio of 6.51, a P/E/G ratio of 1.02 and a beta of 0.94. The firm’s 50-day moving average price is $143.13 and its 200-day moving average price is $143.17. The company has a current ratio of 0.24, a quick ratio of 0.24 and a debt-to-equity ratio of 2.34. Aercap Holdings N.V. has a 1-year low of $105.65 and a 1-year high of $155.99.

Aercap (NYSE:AER) last issued its earnings results on Tuesday, March 31st. The financial services provider reported $5.39 EPS for the quarter. Aercap had a return on equity of 16.01% and a net margin of 45.22%.The company had revenue of $2.30 billion during the quarter. Equities research analysts anticipate that Aercap Holdings N.V. will post 17.39 earnings per share for the current fiscal year.

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

Aercap Announces Dividend

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

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the stock. Zacks Research lowered shares of Aercap from a “strong-buy” rating to a “hold” rating in a report on Monday, June 1st. JPMorgan Chase & Co. lifted their price objective on Aercap from $150.00 to $155.00 and gave the stock an “overweight” rating in a research report on Thursday, April 30th. Barclays boosted their price objective on Aercap from $164.00 to $179.00 and gave the company an “overweight” rating in a research note on Tuesday, July 7th. Morgan Stanley cut their target price on Aercap from $160.00 to $155.00 and set an “equal weight” rating on the stock in a research report on Thursday, April 30th. Finally, TD Cowen lifted their target price on Aercap from $175.00 to $180.00 and gave the stock a “buy” rating in a report on Thursday. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $168.67.

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.