Headlands Technologies LLC Has $227,000 Stock Holdings in AerCap Holdings (NYSE:AER)

Headlands Technologies LLC lowered its stake in shares of AerCap Holdings (NYSE:AER) by 79.8% during the 4th quarter, Holdings Channel.com reports. The firm owned 2,375 shares of the financial services provider’s stock after selling 9,385 shares during the quarter. Headlands Technologies LLC’s holdings in AerCap were worth $227,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Toth Financial Advisory Corp acquired a new position in AerCap during the 4th quarter worth approximately $29,000. Fortitude Family Office LLC acquired a new position in shares of AerCap during the fourth quarter worth approximately $38,000. Quantbot Technologies LP bought a new position in shares of AerCap in the 3rd quarter worth $66,000. TD Private Client Wealth LLC bought a new position in shares of AerCap in the 3rd quarter worth $78,000. Finally, Eagle Bay Advisors LLC increased its stake in AerCap by 1,148.5% during the 4th quarter. Eagle Bay Advisors LLC now owns 1,261 shares of the financial services provider’s stock valued at $121,000 after purchasing an additional 1,160 shares in the last quarter. Institutional investors own 96.42% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on AER. Susquehanna raised their price objective on shares of AerCap from $108.00 to $120.00 and gave the company a “positive” rating in a research note on Thursday, February 27th. Barclays reaffirmed an “overweight” rating and issued a $115.00 price target (up previously from $113.00) on shares of AerCap in a research report on Thursday, February 27th. UBS Group lowered AerCap to an “underperform” rating in a report on Friday, March 7th. Finally, Bank of America raised their target price on AerCap from $105.00 to $125.00 and gave the company a “buy” rating in a report on Friday, March 7th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and six have given a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $117.43.

AerCap Price Performance

AerCap stock opened at $89.51 on Friday. The stock has a market cap of $16.72 billion, a P/E ratio of 7.09, a P/E/G ratio of 2.22 and a beta of 1.45. 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 company’s 50 day moving average price is $100.01 and its two-hundred day moving average price is $97.30. AerCap Holdings has a 52 week low of $81.93 and a 52 week high of $107.36.

AerCap (NYSE:AER) last posted its quarterly earnings data on Wednesday, February 26th. The financial services provider reported $3.31 earnings per share for the quarter, topping 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 for the quarter, compared to analysts’ expectations of $1.97 billion. On average, equities analysts predict that AerCap Holdings will post 11.29 earnings per share for the current year.

AerCap declared that its board has authorized a share buyback plan 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 repurchase up to 4.9% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company’s leadership believes its shares are undervalued.

AerCap Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 3rd. Investors of record on Wednesday, March 12th were issued a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a yield of 1.21%. The ex-dividend date of this dividend was Wednesday, March 12th. This is an increase from AerCap’s previous quarterly dividend of $0.25. AerCap’s dividend payout ratio (DPR) is 9.99%.

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.