MML Investors Services LLC Buys 4,117 Shares of AerCap Holdings (NYSE:AER)

MML Investors Services LLC raised its stake in shares of AerCap Holdings (NYSE:AER) by 8.4% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 53,394 shares of the financial services provider’s stock after acquiring an additional 4,117 shares during the quarter. MML Investors Services LLC’s holdings in AerCap were worth $5,057,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Sumitomo Mitsui DS Asset Management Company Ltd increased its position in shares of AerCap by 2.4% during the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 19,077 shares of the financial services provider’s stock worth $1,807,000 after purchasing an additional 451 shares in the last quarter. Swedbank AB increased its holdings in shares of AerCap by 12.8% during the second quarter. Swedbank AB now owns 96,244 shares of the financial services provider’s stock worth $8,970,000 after buying an additional 10,933 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. raised its stake in shares of AerCap by 66.8% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 279,803 shares of the financial services provider’s stock valued at $26,503,000 after acquiring an additional 112,084 shares during the last quarter. KBC Group NV boosted its holdings in shares of AerCap by 18.7% in the 3rd quarter. KBC Group NV now owns 350,888 shares of the financial services provider’s stock worth $33,236,000 after acquiring an additional 55,213 shares in the last quarter. Finally, Summit Global Investments bought a new stake in AerCap during the 3rd quarter worth approximately $667,000. Institutional investors and hedge funds own 96.42% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have issued reports on AER shares. Deutsche Bank Aktiengesellschaft lifted their price objective on AerCap from $110.00 to $115.00 and gave the company a “buy” rating in a research report on Tuesday, October 22nd. The Goldman Sachs Group restated a “buy” rating and issued a $119.00 target price on shares of AerCap in a research note on Thursday, November 21st. One equities research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. According to MarketBeat.com, AerCap has a consensus rating of “Moderate Buy” and an average price target of $112.00.

AerCap Stock Down 1.4 %

Shares of AER opened at $95.00 on Friday. The firm has a market capitalization of $18.80 billion, a price-to-earnings ratio of 7.53, a PEG ratio of 2.16 and a beta of 1.82. AerCap Holdings has a 52 week low of $70.48 and a 52 week high of $100.81. The company has a debt-to-equity ratio of 2.89, a quick ratio of 0.67 and a current ratio of 0.67. The business’s fifty day moving average price is $96.36 and its two-hundred day moving average price is $94.37.

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. The business had revenue of $1.95 billion for the quarter, compared to analysts’ expectations of $1.92 billion. AerCap had a return on equity of 13.98% and a net margin of 32.38%. The firm’s quarterly revenue was up 3.0% compared to the same quarter last year. During the same quarter last year, the business earned $2.81 earnings per share. On average, analysts predict that AerCap Holdings will post 11.26 earnings per share for the current year.

AerCap Announces Dividend

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

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.