World Investment Advisors LLC Purchases Shares of 79,251 AerCap Holdings (NYSE:AER)

World Investment Advisors LLC acquired a new position in AerCap Holdings (NYSE:AER) in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 79,251 shares of the financial services provider’s stock, valued at approximately $7,507,000.

Other large investors have also recently added to or reduced their stakes in the company. Blue Trust Inc. grew its stake in shares of AerCap by 89.9% in the second quarter. Blue Trust Inc. now owns 283 shares of the financial services provider’s stock worth $25,000 after purchasing an additional 134 shares in the last quarter. Truvestments Capital LLC bought a new position in AerCap in the 3rd quarter valued at about $35,000. UMB Bank n.a. increased its stake in AerCap by 35.5% during the 3rd quarter. UMB Bank n.a. now owns 664 shares of the financial services provider’s stock valued at $63,000 after buying an additional 174 shares during the period. Transamerica Financial Advisors Inc. bought a new stake in shares of AerCap during the 3rd quarter worth about $64,000. Finally, Quantbot Technologies LP acquired a new stake in shares of AerCap in the 3rd quarter worth approximately $66,000. 96.42% of the stock is currently owned by institutional investors and hedge funds.

AerCap Trading Down 1.4 %

Shares of NYSE AER opened at $95.00 on Friday. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 2.89. AerCap Holdings has a 12 month low of $70.48 and a 12 month high of $100.81. The company has a market cap of $18.80 billion, a price-to-earnings ratio of 7.53, a P/E/G ratio of 2.16 and a beta of 1.82. The business has a fifty day simple moving average of $96.36 and a 200-day simple moving average of $94.37.

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

AerCap Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, December 5th. Stockholders of record on Wednesday, November 13th were issued a $0.25 dividend. The ex-dividend date was Wednesday, November 13th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.05%. AerCap’s payout ratio is currently 7.92%.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on AER. Deutsche Bank Aktiengesellschaft boosted 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 restated a “buy” rating and issued a $119.00 price objective on shares of AerCap in a report on Thursday, November 21st. One research analyst has rated the stock with a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $112.00.

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.