Analysts Set AerCap Holdings (NYSE:AER) PT at $112.00

AerCap Holdings (NYSE:AER) has earned an average recommendation of “Moderate Buy” from the seven research firms that are covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is $112.00.

AER has been the topic of a number of analyst reports. Deutsche Bank Aktiengesellschaft boosted their target price on shares of AerCap from $110.00 to $115.00 and gave the company a “buy” rating in a report on Tuesday, October 22nd. The Goldman Sachs Group reissued a “buy” rating and set a $119.00 target price on shares of AerCap in a report on Thursday, November 21st.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in AER. Darsana Capital Partners LP purchased a new position in shares of AerCap during the 3rd quarter valued at $94,720,000. TOMS Capital Investment Management LP purchased a new position in AerCap in the third quarter worth $60,526,000. Assenagon Asset Management S.A. grew its position in AerCap by 176.2% in the third quarter. Assenagon Asset Management S.A. now owns 753,267 shares of the financial services provider’s stock worth $71,349,000 after acquiring an additional 480,551 shares in the last quarter. Point72 Asset Management L.P. grew its position in AerCap by 182.3% in the second quarter. Point72 Asset Management L.P. now owns 663,587 shares of the financial services provider’s stock worth $61,846,000 after acquiring an additional 428,487 shares in the last quarter. Finally, Wedge Capital Management L L P NC grew its position in AerCap by 3,568.6% in the third quarter. Wedge Capital Management L L P NC now owns 427,756 shares of the financial services provider’s stock worth $40,517,000 after acquiring an additional 416,096 shares in the last quarter. 96.42% of the stock is currently owned by hedge funds and other institutional investors.

AerCap Trading Down 1.4 %

NYSE:AER opened at $95.00 on Friday. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 2.89. The stock has a market capitalization of $18.80 billion, a PE ratio of 7.53, a price-to-earnings-growth ratio of 2.16 and a beta of 1.82. The firm’s 50 day moving average is $96.36 and its 200 day moving average is $94.37. AerCap has a 12 month low of $70.48 and a 12 month high of $100.81.

AerCap (NYSE:AER) last posted its quarterly earnings results on Wednesday, October 30th. The financial services provider reported $2.41 EPS for the quarter, hitting analysts’ consensus estimates of $2.41. AerCap had a net margin of 32.38% and a return on equity of 13.98%. The company had revenue of $1.95 billion for the quarter, compared to analysts’ expectations of $1.92 billion. During the same quarter in the previous year, the firm posted $2.81 EPS. AerCap’s revenue was up 3.0% on a year-over-year basis. Sell-side analysts expect that AerCap will post 11.26 earnings per share for the current year.

AerCap Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, December 5th. Stockholders of record on Wednesday, November 13th were given a dividend of $0.25 per share. The ex-dividend date of this dividend was Wednesday, November 13th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.05%. AerCap’s dividend payout ratio (DPR) is currently 7.92%.

About AerCap

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.