AerCap Holdings (NYSE:AER) Shares Sold by MassMutual Private Wealth & Trust FSB

MassMutual Private Wealth & Trust FSB reduced its position in AerCap Holdings (NYSE:AER) by 12.0% during the 4th quarter, Holdings Channel.com reports. The firm owned 4,032 shares of the financial services provider’s stock after selling 550 shares during the period. MassMutual Private Wealth & Trust FSB’s holdings in AerCap were worth $386,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Truvestments Capital LLC purchased a new stake in AerCap in the third quarter valued at about $35,000. Fortitude Family Office LLC purchased a new position in shares of AerCap in the 4th quarter valued at approximately $38,000. UMB Bank n.a. raised its position in shares of AerCap by 35.5% in the 3rd quarter. UMB Bank n.a. now owns 664 shares of the financial services provider’s stock valued at $63,000 after purchasing an additional 174 shares during the last quarter. Transamerica Financial Advisors Inc. acquired a new stake in AerCap in the 3rd quarter worth approximately $64,000. Finally, Quantbot Technologies LP purchased a new stake in AerCap during the 3rd quarter worth approximately $66,000. Hedge funds and other institutional investors own 96.42% of the company’s stock.

AerCap Price Performance

NYSE:AER opened at $94.88 on Thursday. The firm’s fifty day moving average is $96.10 and its two-hundred day moving average is $95.00. The firm has a market cap of $18.78 billion, a price-to-earnings ratio of 7.52, a PEG ratio of 2.09 and a beta of 1.82. The company has a debt-to-equity ratio of 2.89, a quick ratio of 0.67 and a current ratio of 0.67. AerCap Holdings has a one year low of $75.25 and a one year high of $100.81.

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

AerCap Announces Dividend

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

Analysts Set New Price Targets

AER has been the subject of a number of research analyst reports. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $119.00 price target on shares of AerCap in a report on Thursday, November 21st. Deutsche Bank Aktiengesellschaft lifted their price target on AerCap from $110.00 to $115.00 and gave the stock a “buy” rating in a research report on Tuesday, October 22nd. One 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 company has a consensus rating of “Moderate Buy” and a consensus price target of $112.00.

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.