Ativo Capital Management LLC Sells 10,010 Shares of AerCap Holdings (NYSE:AER)

Ativo Capital Management LLC cut its holdings in shares of AerCap Holdings (NYSE:AER) by 24.6% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 30,760 shares of the financial services provider’s stock after selling 10,010 shares during the quarter. AerCap accounts for about 2.5% of Ativo Capital Management LLC’s investment portfolio, making the stock its 8th largest holding. Ativo Capital Management LLC’s holdings in AerCap were worth $2,914,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Donald Smith & CO. Inc. grew its holdings in shares of AerCap by 0.7% during the 3rd quarter. Donald Smith & CO. Inc. now owns 3,525,307 shares of the financial services provider’s stock valued at $333,917,000 after acquiring an additional 23,994 shares in the last quarter. Barrow Hanley Mewhinney & Strauss LLC grew its stake in AerCap by 12.6% in the second quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 1,860,757 shares of the financial services provider’s stock valued at $173,423,000 after purchasing an additional 208,407 shares in the last quarter. AGF Management Ltd. increased its position in AerCap by 35.4% in the 2nd quarter. AGF Management Ltd. now owns 1,068,447 shares of the financial services provider’s stock worth $99,579,000 after purchasing an additional 279,561 shares during the last quarter. Check Capital Management Inc. CA raised its stake in shares of AerCap by 0.4% during the 3rd quarter. Check Capital Management Inc. CA now owns 874,612 shares of the financial services provider’s stock worth $82,843,000 after purchasing an additional 3,360 shares in the last quarter. Finally, Sei Investments Co. lifted its holdings in shares of AerCap by 9.8% during the 2nd quarter. Sei Investments Co. now owns 799,416 shares of the financial services provider’s stock valued at $74,506,000 after buying an additional 71,322 shares during the last quarter. Hedge funds and other institutional investors own 96.42% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the company. TD Cowen restated a “buy” rating and issued a $125.00 price objective on shares of AerCap in a report on Monday, July 29th. The Goldman Sachs Group restated a “buy” rating and set a $119.00 price target on shares of AerCap in a report on Thursday. Susquehanna increased their target price on shares of AerCap from $100.00 to $108.00 and gave the stock a “positive” rating in a research report on Friday, August 2nd. Deutsche Bank Aktiengesellschaft boosted 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. Finally, Barclays upped their target price on AerCap from $111.00 to $113.00 and gave the stock an “overweight” rating in a research report on Friday, August 2nd. One research analyst has rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $112.00.

AerCap Trading Up 0.3 %

Shares of AerCap stock opened at $98.03 on Monday. AerCap Holdings has a 1 year low of $66.34 and a 1 year high of $99.68. The company’s fifty day simple moving average is $95.62 and its 200-day simple moving average is $93.80. The company has a market cap of $19.40 billion, a price-to-earnings ratio of 7.77, a PEG ratio of 2.20 and a beta of 1.83. 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 (NYSE:AER) last posted its quarterly earnings results 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. The company had revenue of $1.95 billion for the quarter, compared to analyst estimates of $1.92 billion. AerCap had a net margin of 32.38% and a return on equity of 13.98%. The business’s quarterly revenue was up 3.0% on a year-over-year basis. During the same period last year, the business posted $2.81 EPS. As a group, sell-side analysts expect that AerCap Holdings will post 11.26 EPS for the current year.

AerCap Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 5th. Shareholders of record on Wednesday, November 13th will be given a $0.25 dividend. The ex-dividend date is Wednesday, November 13th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.02%. AerCap’s dividend payout ratio is currently 7.92%.

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.