Aercap Holdings N.V. $AER Stock Holdings Boosted by Bruni J V & Co. Co.

Bruni J V & Co. Co. lifted its position in shares of Aercap Holdings N.V. (NYSE:AER) by 64.6% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 196,341 shares of the financial services provider’s stock after acquiring an additional 77,074 shares during the period. Aercap accounts for 2.8% of Bruni J V & Co. Co.’s portfolio, making the stock its 18th biggest holding. Bruni J V & Co. Co.’s holdings in Aercap were worth $28,226,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of AER. Integrated Wealth Concepts LLC grew its position in shares of Aercap by 19.0% during the first quarter. Integrated Wealth Concepts LLC now owns 2,649 shares of the financial services provider’s stock worth $271,000 after acquiring an additional 423 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Aercap by 282.7% in 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 buying an additional 4,919 shares in the last quarter. Geneos Wealth Management Inc. grew its position in Aercap by 26.6% in the 1st quarter. Geneos Wealth Management Inc. now owns 447 shares of the financial services provider’s stock valued at $46,000 after buying an additional 94 shares in the last quarter. Invesco Ltd. grew its position 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 in the last quarter. Finally, EverSource Wealth Advisors LLC grew its position 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 in the last quarter. Institutional investors own 96.42% of the company’s stock.

Aercap Price Performance

Shares of NYSE AER opened at $139.48 on Friday. Aercap Holdings N.V. has a twelve month low of $105.65 and a twelve month high of $154.94. The company has a current ratio of 0.24, a quick ratio of 0.24 and a debt-to-equity ratio of 2.34. The company has a market capitalization of $23.28 billion, a price-to-earnings ratio of 6.11, a PEG ratio of 0.98 and a beta of 0.95. The firm has a 50-day moving average of $140.87 and a two-hundred day moving average of $141.64.

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

Aercap announced that its Board of Directors has authorized a share buyback plan on Wednesday, April 29th that allows the company to repurchase $1.00 billion in shares. This repurchase authorization allows the financial services provider to repurchase up to 4.3% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company’s management believes its shares are undervalued.

Aercap Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 4th. Shareholders of record on Wednesday, May 13th will be 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 of this dividend is Wednesday, May 13th. Aercap’s dividend payout ratio is presently 7.01%.

Analyst Ratings Changes

AER has been the subject of a number of recent analyst reports. Susquehanna increased their target price on shares of Aercap from $165.00 to $170.00 and gave the company a “positive” rating in a research report on Thursday, April 30th. TD Cowen increased their target price on shares of Aercap from $170.00 to $175.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. Zacks Research upgraded shares of Aercap from a “hold” rating to a “strong-buy” rating in a research report on Friday, May 1st. 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 report on Thursday, April 30th. Finally, Barclays increased their target price on shares of Aercap from $162.00 to $164.00 and gave the company an “overweight” rating in a research report on Thursday, April 30th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of $163.13.

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.