AerCap Holdings (NYSE:AER) Stake Lifted by Inspire Advisors LLC

Inspire Advisors LLC raised its holdings in shares of AerCap Holdings (NYSE:AER) by 3.4% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 6,336 shares of the financial services provider’s stock after buying an additional 209 shares during the period. Inspire Advisors LLC’s holdings in AerCap were worth $606,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in AER. Atria Investments Inc boosted its holdings in AerCap by 3.4% during the third quarter. Atria Investments Inc now owns 14,072 shares of the financial services provider’s stock worth $1,333,000 after buying an additional 457 shares in the last quarter. Entropy Technologies LP boosted its holdings in AerCap by 22.0% during the third quarter. Entropy Technologies LP now owns 20,204 shares of the financial services provider’s stock worth $1,914,000 after buying an additional 3,649 shares in the last quarter. GSA Capital Partners LLP boosted its holdings in AerCap by 29.0% during the third quarter. GSA Capital Partners LLP now owns 9,526 shares of the financial services provider’s stock worth $902,000 after buying an additional 2,144 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. boosted its holdings in AerCap by 0.5% during the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 392,727 shares of the financial services provider’s stock worth $37,199,000 after buying an additional 2,143 shares in the last quarter. Finally, MQS Management LLC boosted its holdings in AerCap by 44.7% during the third quarter. MQS Management LLC now owns 4,865 shares of the financial services provider’s stock worth $461,000 after buying an additional 1,502 shares in the last quarter. 96.42% of the stock is currently owned by institutional investors.

AerCap Stock Up 2.4 %

AER stock opened at $97.54 on Wednesday. AerCap Holdings has a 12-month low of $81.69 and a 12-month high of $107.36. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 2.89. The company has a market cap of $18.22 billion, a price-to-earnings ratio of 7.73, a PEG ratio of 2.22 and a beta of 1.83. The company has a 50 day moving average of $97.87 and a two-hundred day moving average of $96.34.

AerCap (NYSE:AER) last released its earnings results on Wednesday, February 26th. The financial services provider reported $3.31 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.56 by $0.75. AerCap had a net margin of 32.38% and a return on equity of 13.98%. The company had revenue of $2.07 billion during the quarter, compared to the consensus estimate of $1.97 billion. On average, equities analysts anticipate that AerCap Holdings will post 11.29 earnings per share for the current fiscal year.

AerCap announced that its board has initiated a share repurchase program on Wednesday, February 26th that authorizes the company to repurchase $1.00 billion in shares. This repurchase authorization authorizes the financial services provider to buy up to 4.9% of its stock through open market purchases. Stock repurchase programs are often an indication that the company’s leadership believes its shares are undervalued.

AerCap Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, April 3rd. Shareholders of record on Wednesday, March 12th will be given a $0.27 dividend. This is an increase from AerCap’s previous quarterly dividend of $0.25. The ex-dividend date of this dividend is Wednesday, March 12th. This represents a $1.08 dividend on an annualized basis and a yield of 1.11%. AerCap’s dividend payout ratio is presently 9.99%.

Analysts Set New Price Targets

A number of brokerages recently weighed in on AER. Susquehanna raised their target price on shares of AerCap from $108.00 to $120.00 and gave the stock a “positive” rating in a report on Thursday, February 27th. UBS Group cut shares of AerCap to an “underperform” rating in a report on Friday. The Goldman Sachs Group restated a “buy” rating and issued a $119.00 price target on shares of AerCap in a research report on Thursday, November 21st. Bank of America upped their price target on shares of AerCap from $105.00 to $125.00 and gave the company a “buy” rating in a research report on Friday, March 7th. Finally, Barclays restated an “overweight” rating and issued a $115.00 price target (up previously from $113.00) on shares of AerCap in a research report on Thursday, February 27th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $117.43.

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.