Factorial Partners LLC Cuts Position in AerCap Holdings (NYSE:AER)

Factorial Partners LLC cut its position in AerCap Holdings (NYSE:AER) by 28.6% in the third quarter, HoldingsChannel reports. The institutional investor owned 17,500 shares of the financial services provider’s stock after selling 7,000 shares during the period. Factorial Partners LLC’s holdings in AerCap were worth $1,658,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of AER. PCJ Investment Counsel Ltd. grew its stake in shares of AerCap by 169.7% in the third quarter. PCJ Investment Counsel Ltd. now owns 53,960 shares of the financial services provider’s stock worth $5,111,000 after acquiring an additional 33,950 shares in the last quarter. Natixis Advisors LLC grew its holdings in AerCap by 9.2% during the 3rd quarter. Natixis Advisors LLC now owns 205,500 shares of the financial services provider’s stock worth $19,465,000 after acquiring an additional 17,348 shares in the last quarter. Check Capital Management Inc. CA raised its stake in AerCap by 0.4% in the third quarter. Check Capital Management Inc. CA now owns 874,612 shares of the financial services provider’s stock valued at $82,843,000 after buying an additional 3,360 shares in the last quarter. KBC Group NV boosted its holdings in AerCap by 18.7% in the third quarter. KBC Group NV now owns 350,888 shares of the financial services provider’s stock valued at $33,236,000 after purchasing an additional 55,213 shares in the last quarter. Finally, Freemont Management S.A. purchased a new position in shares of AerCap in the 3rd quarter valued at $1,497,000. 96.42% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on AER shares. Barclays raised their target price on shares of AerCap from $111.00 to $113.00 and gave the stock an “overweight” rating in a research report on Friday, August 2nd. Susquehanna increased their price target on shares of AerCap from $100.00 to $108.00 and gave the stock a “positive” rating in a report on Friday, August 2nd. Deutsche Bank Aktiengesellschaft boosted their target price on AerCap from $110.00 to $115.00 and gave the stock a “buy” rating in a research report on Tuesday, October 22nd. Finally, TD Cowen restated a “buy” rating and issued a $125.00 price target on shares of AerCap in a research note on Monday, July 29th. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat, AerCap has an average rating of “Moderate Buy” and an average target price of $110.83.

AerCap Trading Up 0.8 %

Shares of AerCap stock opened at $95.73 on Wednesday. The company has a 50-day moving average of $95.37 and a two-hundred day moving average of $93.62. The stock has a market cap of $18.95 billion, a PE ratio of 7.59, a price-to-earnings-growth ratio of 2.15 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 Holdings has a 12-month low of $66.34 and a 12-month high of $99.68.

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

AerCap Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 5th. Shareholders of record on Wednesday, November 13th will be issued a $0.25 dividend. The ex-dividend date is Wednesday, November 13th. This represents a $1.00 dividend on an annualized basis and a yield of 1.04%. AerCap’s dividend payout ratio (DPR) is 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.