AerCap Holdings N.V. (NYSE:AER) Stock Short Interest Report for October

AerCap Holdings N.V. (NYSE:AER) was the target of a significant decrease in short interest during the month of October. As of October 15th, there was short interest totaling 2,541,166 shares, a decrease of 35.8% from the September 30th total of 3,956,364 shares. Based on an average daily volume of 1,001,167 shares, the days-to-cover ratio is currently 2.5 days. Approximately 1.5% of the company’s shares are short sold.

AerCap Stock Down 0.4%

Shares of NYSE:AER traded down $0.64 during midday trading on Tuesday, hitting $162.70. The stock had a trading volume of 438,165 shares, compared to its average volume of 1,229,526. The company has a market cap of $27.15 billion, a P/E ratio of 8.33, a PEG ratio of 0.57 and a beta of 0.98. AerCap has a 12 month low of $129.69 and a 12 month high of $165.19. The business’s 50-day simple moving average is $146.06 and its 200-day simple moving average is $144.70. The company has a quick ratio of 0.28, a current ratio of 0.28 and a debt-to-equity ratio of 2.32.

AerCap (NYSE:AER) last posted its quarterly earnings results on Wednesday, October 28th. The financial services provider reported $6.56 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.56 by $2.00. AerCap had a net margin of 34.47% and a return on equity of 18.33%. The firm had revenue of $2.42 billion for the quarter, compared to analyst estimates of $2.15 billion. During the same period in the prior year, the firm posted $4.97 earnings per share. The company’s quarterly revenue was up 4.6% compared to the same quarter last year. On average, sell-side analysts forecast that AerCap will post 21.33 earnings per share for the current fiscal year.

AerCap Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 3rd. Investors of record on Wednesday, November 11th will be issued a dividend of $0.40 per share. The ex-dividend date is Tuesday, November 10th. This represents a $1.60 dividend on an annualized basis and a yield of 1.0%. AerCap’s dividend payout ratio (DPR) is presently 8.20%.

Hedge Funds Weigh In On AerCap

A number of institutional investors have recently bought and sold shares of AER. Williams & Novak LLC boosted its holdings in AerCap by 4.6% in the 2nd quarter. Williams & Novak LLC now owns 1,531 shares of the financial services provider’s stock valued at $223,000 after purchasing an additional 68 shares during the period. Parallel Advisors LLC increased its holdings in shares of AerCap by 7.1% during the first 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. Contravisory Investment Management Inc. increased its holdings in shares of AerCap by 4.2% during the second quarter. Contravisory Investment Management Inc. now owns 1,968 shares of the financial services provider’s stock worth $287,000 after purchasing an additional 79 shares during the period. Integrated Advisors Network LLC raised its position in shares of AerCap by 1.5% in the third quarter. Integrated Advisors Network LLC now owns 5,567 shares of the financial services provider’s stock valued at $799,000 after buying an additional 81 shares in the last quarter. Finally, Signature Equity Partners LLC raised its position in shares of AerCap by 68.0% in the third quarter. Signature Equity Partners LLC now owns 210 shares of the financial services provider’s stock valued at $30,000 after buying an additional 85 shares in the last quarter. Institutional investors and hedge funds own 96.42% of the company’s stock.

Analysts Set New Price Targets

AER has been the subject of several analyst reports. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $190.00 target price on shares of AerCap in a research report on Thursday, July 30th. Barclays increased their price target on shares of AerCap from $179.00 to $181.00 and gave the company an “overweight” rating in a research report on Thursday, October 29th. JPMorgan Chase & Co. increased their price target on AerCap from $183.00 to $200.00 and gave the stock an “overweight” rating in a report on Thursday, October 29th. Citigroup upped their price target on AerCap from $178.00 to $185.00 and gave the stock a “buy” rating in a research report on Thursday, October 29th. Finally, Zacks Research downgraded shares of AerCap from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, September 29th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, AerCap presently has a consensus rating of “Moderate Buy” and a consensus target price of $181.89.

About AerCap

AerCap Holdings N.V. is a global aviation leasing company headquartered in Dublin, Ireland, and listed on the New York Stock Exchange under the symbol AER. Through its subsidiaries, AerCap owns, manages and leases commercial aircraft, engines and helicopters to airlines and other aviation customers worldwide.

The company provides operating leases, finance leases, aircraft trading and asset management services. Its fleet portfolio includes aircraft from major manufacturers such as Airbus and Boeing, as well as engines and helicopters.