AerCap Holdings (NYSE:AER) Shares Bought by National Pension Service

National Pension Service lifted its holdings in shares of AerCap Holdings (NYSE:AER) by 77.7% in the third quarter, HoldingsChannel.com reports. The firm owned 559,846 shares of the financial services provider’s stock after acquiring an additional 244,766 shares during the quarter. National Pension Service’s holdings in AerCap were worth $53,029,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Blue Trust Inc. boosted its stake in AerCap by 89.9% during the second quarter. Blue Trust Inc. now owns 283 shares of the financial services provider’s stock worth $25,000 after buying an additional 134 shares during the period. Mather Group LLC. lifted its holdings in shares of AerCap by 230.1% in the 2nd quarter. Mather Group LLC. now owns 307 shares of the financial services provider’s stock worth $27,000 after acquiring an additional 214 shares during the last quarter. UMB Bank n.a. boosted its position in shares of AerCap by 35.5% during the 3rd quarter. UMB Bank n.a. now owns 664 shares of the financial services provider’s stock worth $63,000 after purchasing an additional 174 shares during the period. Federated Hermes Inc. increased its holdings in AerCap by 209.1% in the 2nd quarter. Federated Hermes Inc. now owns 1,567 shares of the financial services provider’s stock valued at $146,000 after purchasing an additional 1,060 shares during the last quarter. Finally, Headlands Technologies LLC purchased a new stake in AerCap in the first quarter valued at approximately $185,000. 96.42% of the stock is owned by institutional investors and hedge funds.

AerCap Price Performance

AerCap stock opened at $95.66 on Wednesday. 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 company has a fifty day simple moving average of $94.81 and a 200-day simple moving average of $92.88. The stock has a market cap of $18.93 billion, a P/E ratio of 7.58, a price-to-earnings-growth ratio of 2.13 and a beta of 1.83. AerCap Holdings has a 12-month low of $63.34 and a 12-month high of $99.30.

AerCap (NYSE:AER) last released its quarterly earnings data on Wednesday, October 30th. The financial services provider reported $2.41 earnings per share (EPS) 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 firm posted $2.81 EPS. The business’s quarterly revenue was up 3.0% compared to the same quarter last year. Equities analysts expect that AerCap Holdings will post 11.26 EPS for the current fiscal year.

AerCap Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 5th. Stockholders of record on Wednesday, November 13th will be given a dividend of $0.25 per share. The ex-dividend date of this dividend is Wednesday, November 13th. This represents a $1.00 annualized dividend and a dividend yield of 1.05%. AerCap’s dividend payout ratio is presently 7.92%.

Analysts Set New Price Targets

Several research analysts have recently commented on the company. Deutsche Bank Aktiengesellschaft raised their price target on AerCap from $110.00 to $115.00 and gave the stock a “buy” rating in a research report on Tuesday, October 22nd. Barclays lifted their target price on AerCap from $111.00 to $113.00 and gave the company an “overweight” rating in a research report on Friday, August 2nd. TD Cowen reissued a “buy” rating and set a $125.00 price target on shares of AerCap in a research report on Monday, July 29th. Finally, Susquehanna lifted their price objective on shares of AerCap from $100.00 to $108.00 and gave the company a “positive” rating in a report on Friday, August 2nd. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat, AerCap has a consensus rating of “Moderate Buy” and an average price target of $110.83.

AerCap Profile

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.