5,401 Shares in AerCap Holdings (NYSE:AER) Bought by Vinva Investment Management Ltd

Vinva Investment Management Ltd acquired a new position in shares of AerCap Holdings (NYSE:AER) during the 4th quarter, Holdings Channel.com reports. The firm acquired 5,401 shares of the financial services provider’s stock, valued at approximately $516,000.

Several other large investors have also recently added to or reduced their stakes in the stock. Franklin Resources Inc. increased its position in AerCap by 5.3% in the third quarter. Franklin Resources Inc. now owns 5,601,208 shares of the financial services provider’s stock worth $545,726,000 after buying an additional 282,980 shares during the period. State Street Corp increased its position in AerCap by 8.3% in the third quarter. State Street Corp now owns 4,862,517 shares of the financial services provider’s stock worth $460,579,000 after buying an additional 370,906 shares during the period. Cooke & Bieler LP increased its position in AerCap by 3.0% in the fourth quarter. Cooke & Bieler LP now owns 2,934,185 shares of the financial services provider’s stock worth $280,802,000 after buying an additional 86,548 shares during the period. Ninety One UK Ltd increased its position in AerCap by 7.0% in the fourth quarter. Ninety One UK Ltd now owns 2,550,350 shares of the financial services provider’s stock worth $244,068,000 after buying an additional 167,830 shares during the period. Finally, FMR LLC increased its position in AerCap by 1.3% in the third quarter. FMR LLC now owns 1,737,476 shares of the financial services provider’s stock worth $164,574,000 after buying an additional 22,346 shares during the period. 96.42% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

AER has been the topic of a number of research analyst reports. Susquehanna raised their price target on AerCap from $108.00 to $120.00 and gave the company a “positive” rating in a report on Thursday, February 27th. Bank of America raised their price target on AerCap from $105.00 to $125.00 and gave the company a “buy” rating in a report on Friday, March 7th. UBS Group lowered AerCap to an “underperform” rating in a report on Friday, March 7th. Finally, Barclays reissued an “overweight” rating and set a $115.00 price target (up from $113.00) on shares of AerCap in a report on Thursday, February 27th. One equities 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 company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $117.43.

AerCap Trading Down 2.4 %

Shares of AER stock opened at $102.13 on Friday. The stock has a 50-day simple moving average of $98.89 and a 200 day simple moving average of $96.67. AerCap Holdings has a fifty-two week low of $81.93 and a fifty-two week high of $107.36. The stock has a market capitalization of $19.08 billion, a P/E ratio of 8.09, a P/E/G ratio of 2.22 and a beta of 1.83. 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 (NYSE:AER) last announced its earnings results on Wednesday, February 26th. The financial services provider reported $3.31 earnings per share for the quarter, beating the consensus estimate of $2.56 by $0.75. AerCap had a return on equity of 13.98% and a net margin of 32.38%. The business had revenue of $2.07 billion during the quarter, compared to analysts’ expectations of $1.97 billion. On average, sell-side analysts expect that AerCap Holdings will post 11.29 earnings per share for the current fiscal year.

AerCap Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 3rd. Investors of record on Wednesday, March 12th will be given a $0.27 dividend. This is a positive change from AerCap’s previous quarterly dividend of $0.25. The ex-dividend date is Wednesday, March 12th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.06%. AerCap’s dividend payout ratio (DPR) is 9.99%.

AerCap declared that its Board of Directors has authorized a share buyback program on Wednesday, February 26th that authorizes the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization authorizes the financial services provider to buy up to 4.9% of its shares through open market purchases. Shares repurchase programs are generally a sign that the company’s management believes its stock is undervalued.

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.