Aristides Capital LLC Buys New Stake in AerCap Holdings (NYSE:AER)

Aristides Capital LLC purchased a new position in AerCap Holdings (NYSE:AERFree Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 30,000 shares of the financial services provider’s stock, valued at approximately $2,230,000. AerCap comprises approximately 0.8% of Aristides Capital LLC’s investment portfolio, making the stock its 19th biggest position.

Other large investors have also made changes to their positions in the company. Optiver Holding B.V. purchased a new stake in AerCap during the 3rd quarter worth approximately $32,000. Assetmark Inc. purchased a new stake in AerCap in the fourth quarter valued at approximately $42,000. Robeco Institutional Asset Management B.V. increased its holdings in AerCap by 13.8% in the 4th quarter. Robeco Institutional Asset Management B.V. now owns 83,931 shares of the financial services provider’s stock worth $62,000 after buying an additional 10,159 shares during the period. Acadian Asset Management LLC purchased a new stake in shares of AerCap in the 3rd quarter valued at $63,000. Finally, Bourgeon Capital Management LLC raised its holdings in shares of AerCap by 20,000.0% during the fourth quarter. Bourgeon Capital Management LLC now owns 1,005 shares of the financial services provider’s stock worth $75,000 after purchasing an additional 1,000 shares during the last quarter. 96.42% of the stock is owned by institutional investors and hedge funds.

AerCap Price Performance

Shares of AerCap stock traded up $0.20 during trading hours on Friday, reaching $91.46. 211,187 shares of the company’s stock were exchanged, compared to its average volume of 1,549,684. The business has a fifty day moving average of $88.13 and a two-hundred day moving average of $80.25. The company has a market capitalization of $18.10 billion, a P/E ratio of 5.94, a price-to-earnings-growth ratio of 4.08 and a beta of 1.85. The company has a quick ratio of 0.26, a current ratio of 0.26 and a debt-to-equity ratio of 2.70. AerCap Holdings has a 1 year low of $57.30 and a 1 year high of $94.30.

AerCap (NYSE:AERGet Free Report) last released its quarterly earnings data on Wednesday, May 8th. The financial services provider reported $3.29 EPS for the quarter, beating analysts’ consensus estimates of $2.31 by $0.98. The company had revenue of $2.02 billion during the quarter, compared to the consensus estimate of $1.95 billion. AerCap had a net margin of 42.78% and a return on equity of 15.29%. AerCap’s quarterly revenue was up 8.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.34 EPS. As a group, research analysts predict that AerCap Holdings will post 10.26 earnings per share for the current fiscal year.

AerCap Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 13th. Investors of record on Wednesday, May 22nd will be given a dividend of $0.25 per share. The ex-dividend date is Tuesday, May 21st. This represents a $1.00 dividend on an annualized basis and a yield of 1.09%. AerCap’s payout ratio is 6.51%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on AER. Deutsche Bank Aktiengesellschaft raised their price objective on shares of AerCap from $95.00 to $110.00 and gave the stock a “buy” rating in a research note on Thursday, May 9th. TD Cowen increased their target price on AerCap from $105.00 to $125.00 and gave the company a “buy” rating in a research report on Thursday, May 23rd. Barclays lifted their price target on shares of AerCap from $93.00 to $94.00 and gave the company an “overweight” rating in a research note on Thursday, May 2nd. Susquehanna upped their price objective on shares of AerCap from $90.00 to $100.00 and gave the stock a “positive” rating in a research report on Thursday, May 2nd. Finally, BMO Capital Markets dropped their target price on shares of AerCap from $103.00 to $101.00 and set an “outperform” rating on the stock in a research report on Monday, February 26th. One research analyst has rated the stock with a hold rating and nine have assigned a buy rating to the stock. Based on data from MarketBeat.com, AerCap presently has a consensus rating of “Moderate Buy” and a consensus target price of $97.56.

View Our Latest Analysis on AER

AerCap Company Profile

(Free Report)

AerCap Holdings N.V. engages in the lease, financing, sale, and management of commercial flight equipment in China, Hong Kong, Macau, the United States, Ireland, and internationally. The company offers aircraft asset management services, such as remarketing aircraft and engines; collecting rental and maintenance rent payments, monitoring aircraft maintenance, monitoring and enforcing contract compliance, and accepting delivery and redelivery of aircraft and engines; and conducting ongoing lessee financial performance reviews.

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Institutional Ownership by Quarter for AerCap (NYSE:AER)

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