Sei Investments Co. Has $105.58 Million Stake in Aercap Holdings N.V. $AER

Sei Investments Co. raised its position in shares of Aercap Holdings N.V. (NYSE:AER) by 23.2% in the first quarter, Holdings Channel reports. The fund owned 769,611 shares of the financial services provider’s stock after buying an additional 144,857 shares during the quarter. Sei Investments Co.’s holdings in Aercap were worth $105,575,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Integrated Wealth Concepts LLC increased its stake in shares of Aercap by 19.0% in the first quarter. Integrated Wealth Concepts LLC now owns 2,649 shares of the financial services provider’s stock worth $271,000 after purchasing an additional 423 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in Aercap by 282.7% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 6,659 shares of the financial services provider’s stock valued at $680,000 after purchasing an additional 4,919 shares during the period. Geneos Wealth Management Inc. boosted its stake in Aercap by 26.6% during the 1st quarter. Geneos Wealth Management Inc. now owns 447 shares of the financial services provider’s stock valued at $46,000 after purchasing an additional 94 shares during the period. Invesco Ltd. grew its holdings in Aercap by 43.3% in the 2nd quarter. Invesco Ltd. now owns 459,459 shares of the financial services provider’s stock valued at $53,757,000 after buying an additional 138,843 shares during the last quarter. Finally, EverSource Wealth Advisors LLC grew its holdings in Aercap by 59.2% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,143 shares of the financial services provider’s stock valued at $134,000 after buying an additional 425 shares during the last quarter. 96.42% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research analysts have commented on the company. Morgan Stanley dropped their price target 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. Weiss Ratings upgraded shares of Aercap from a “buy (b+)” rating to a “buy (a-)” rating in a research note on Wednesday, July 8th. Barclays raised their price objective on shares of Aercap from $164.00 to $179.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 7th. TD Cowen boosted their target price on shares of Aercap from $175.00 to $180.00 and gave the stock a “buy” rating in a research report on Thursday, July 16th. Finally, Susquehanna upped their target price on shares of Aercap from $170.00 to $176.00 and gave the company a “positive” rating in a research note on Tuesday, July 7th. Two research analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, Aercap presently has a consensus rating of “Buy” and an average price target of $168.67.

Aercap News Summary

Here are the key news stories impacting Aercap this week:

• Positive Sentiment: AerCap and Air France Industries plan to form a joint venture focused on LEAP engine services, which could strengthen AerCap’s maintenance and aftermarket engine business and add a new earnings stream. Article Title
• Positive Sentiment: Analysts at Citigroup reportedly reiterated a buy rating on AerCap, reinforcing a favorable view of the company’s valuation and business outlook. Article Title
• Positive Sentiment: Zacks Research upgraded AerCap from hold to strong-buy, adding to the recent wave of bullish analyst sentiment. Article Title
• Positive Sentiment: AerCap ordered 15 new Boeing 787 Dreamliners, signaling continued fleet expansion and confidence in long-term aircraft leasing demand. Article Title
• Positive Sentiment: Additional coverage of the Dreamliner order and Farnborough deal flow highlights AerCap’s active capital deployment and continued position as a major lessor in a strong widebody market. Article Title

Aercap Stock Down 1.6%

AER stock opened at $148.16 on Friday. Aercap Holdings N.V. has a twelve month low of $105.65 and a twelve month high of $155.99. The company has a market cap of $24.73 billion, a PE ratio of 6.49, a price-to-earnings-growth ratio of 1.04 and a beta of 0.94. The business’s 50-day simple moving average is $143.55 and its 200 day simple moving average is $143.30. 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 posted its quarterly earnings results on Tuesday, March 31st. The financial services provider reported $5.39 EPS for the quarter. The firm had revenue of $2.30 billion during the quarter. Aercap had a return on equity of 16.01% and a net margin of 45.22%. On average, research analysts anticipate that Aercap Holdings N.V. will post 17.39 earnings per share for the current year.

Aercap Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 4th. Stockholders of record on Wednesday, May 13th were given 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 1.1%. Aercap’s payout ratio is currently 7.01%.

Aercap declared that its Board of Directors has approved a stock repurchase program on Wednesday, April 29th that permits the company to repurchase $1.00 billion in shares. This repurchase authorization permits the financial services provider to purchase up to 4.3% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company’s board of directors 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.