MassMutual Private Wealth & Trust FSB Sells 550 Shares of AerCap Holdings (NYSE:AER)

MassMutual Private Wealth & Trust FSB lessened its holdings in AerCap Holdings (NYSE:AER) by 12.0% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 4,032 shares of the financial services provider’s stock after selling 550 shares during the period. MassMutual Private Wealth & Trust FSB’s holdings in AerCap were worth $386,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the business. O Keefe Stevens Advisory Inc. increased its holdings in shares of AerCap by 11.0% in the 4th quarter. O Keefe Stevens Advisory Inc. now owns 93,454 shares of the financial services provider’s stock worth $8,944,000 after buying an additional 9,277 shares during the last quarter. Ritholtz Wealth Management grew its position in AerCap by 18.0% in the fourth quarter. Ritholtz Wealth Management now owns 9,516 shares of the financial services provider’s stock worth $911,000 after acquiring an additional 1,455 shares in the last quarter. Park Avenue Securities LLC grew its position in AerCap by 17.4% in the fourth quarter. Park Avenue Securities LLC now owns 22,173 shares of the financial services provider’s stock worth $2,122,000 after acquiring an additional 3,292 shares in the last quarter. 180 Wealth Advisors LLC increased its stake in AerCap by 7.6% during the fourth quarter. 180 Wealth Advisors LLC now owns 11,219 shares of the financial services provider’s stock worth $1,074,000 after acquiring an additional 788 shares during the last quarter. Finally, Miracle Mile Advisors LLC purchased a new stake in AerCap during the fourth quarter valued at approximately $743,000. Hedge funds and other institutional investors own 96.42% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on AER. Deutsche Bank Aktiengesellschaft lifted their target price on AerCap from $110.00 to $115.00 and gave the stock a “buy” rating in a report on Tuesday, October 22nd. The Goldman Sachs Group reaffirmed a “buy” rating and set a $119.00 price objective on shares of AerCap in a research note on Thursday, November 21st. One research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $112.00.

AerCap Stock Down 0.7 %

Shares of AER opened at $94.88 on Thursday. The firm has a market capitalization of $18.78 billion, a P/E ratio of 7.52, a P/E/G ratio of 2.09 and a beta of 1.82. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 2.89. AerCap Holdings has a 12-month low of $75.25 and a 12-month high of $100.81. The firm has a fifty day moving average price of $96.10 and a 200-day moving average price of $95.00.

AerCap (NYSE:AER) last issued its earnings results on Wednesday, October 30th. The financial services provider reported $2.41 earnings per share for the quarter, hitting the consensus estimate of $2.41. AerCap had a return on equity of 13.98% and a net margin of 32.38%. The business had revenue of $1.95 billion during the quarter, compared to analysts’ expectations of $1.92 billion. During the same period in the prior year, the business earned $2.81 EPS. The business’s revenue for the quarter was up 3.0% compared to the same quarter last year. Equities research analysts expect that AerCap Holdings will post 11.26 earnings per share for the current year.

AerCap Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, December 5th. Shareholders of record on Wednesday, November 13th were given a dividend of $0.25 per share. The ex-dividend date was Wednesday, November 13th. This represents a $1.00 annualized dividend and a yield of 1.05%. AerCap’s dividend payout ratio (DPR) is presently 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.