AerCap Holdings (NYSE:AER) Shares Sold by Capstone Investment Advisors LLC

Capstone Investment Advisors LLC decreased its holdings in shares of AerCap Holdings (NYSE:AER) by 57.5% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,758 shares of the financial services provider’s stock after selling 5,080 shares during the quarter. Capstone Investment Advisors LLC’s holdings in AerCap were worth $356,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Blue Trust Inc. raised its position in AerCap by 89.9% in the second quarter. Blue Trust Inc. now owns 283 shares of the financial services provider’s stock valued at $25,000 after purchasing an additional 134 shares during the period. Mather Group LLC. grew its stake in shares of AerCap by 230.1% in the second quarter. Mather Group LLC. now owns 307 shares of the financial services provider’s stock valued at $27,000 after buying an additional 214 shares in the last quarter. Truvestments Capital LLC purchased a new stake in shares of AerCap during the 3rd quarter valued at about $35,000. UMB Bank n.a. lifted its position in 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 acquiring an additional 174 shares in the last quarter. Finally, Transamerica Financial Advisors Inc. acquired a new position in AerCap during the 3rd quarter worth approximately $64,000. 96.42% of the stock is owned by hedge funds and other institutional investors.

AerCap Trading Up 0.3 %

Shares of NYSE AER opened at $99.36 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. The stock’s 50 day moving average price is $95.96 and its two-hundred day moving average price is $93.99. AerCap Holdings has a 52-week low of $66.72 and a 52-week high of $100.81. The stock has a market capitalization of $19.67 billion, a P/E ratio of 7.87, a PEG ratio of 2.23 and a beta of 1.83.

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, meeting 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 for the quarter, compared to analyst estimates of $1.92 billion. During the same period in the prior year, the company posted $2.81 EPS. The business’s revenue was up 3.0% compared to the same quarter last year. On average, analysts anticipate that AerCap Holdings will post 11.26 earnings per share for the current fiscal year.

AerCap Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 5th. Investors of record on Wednesday, November 13th will be paid 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 yield of 1.01%. AerCap’s dividend payout ratio (DPR) is 7.92%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on AER shares. Susquehanna boosted 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. Barclays raised their target price on AerCap from $111.00 to $113.00 and gave the company an “overweight” rating in a research note on Friday, August 2nd. The Goldman Sachs Group reiterated a “buy” rating and issued a $119.00 price target on shares of AerCap in a research note on Thursday, November 21st. Finally, Deutsche Bank Aktiengesellschaft raised their price objective on AerCap from $110.00 to $115.00 and gave the company a “buy” rating in a research note on Tuesday, October 22nd. One research analyst has rated the stock with a hold rating and six have given a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus 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.