Avior Wealth Management LLC Has $1.04 Million Stock Holdings in AerCap Holdings (NYSE:AER)

Avior Wealth Management LLC reduced its stake in AerCap Holdings (NYSE:AER) by 5.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 10,900 shares of the financial services provider’s stock after selling 600 shares during the quarter. Avior Wealth Management LLC’s holdings in AerCap were worth $1,043,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Truvestments Capital LLC acquired a new position in shares of AerCap in the third quarter worth approximately $35,000. Fortitude Family Office LLC acquired a new position in shares of AerCap in the fourth quarter worth approximately $38,000. UMB Bank n.a. lifted its stake in shares of AerCap by 35.5% in the third 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 during the period. Transamerica Financial Advisors Inc. acquired a new position in shares of AerCap in the third quarter worth approximately $64,000. Finally, Quantbot Technologies LP acquired a new position in shares of AerCap in the third quarter worth approximately $66,000. 96.42% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages have weighed in on AER. Deutsche Bank Aktiengesellschaft lifted their target price on AerCap from $110.00 to $115.00 and gave the stock a “buy” rating in a report on Tuesday, October 22nd. The Goldman Sachs Group reiterated a “buy” rating and issued a $119.00 target price on shares of AerCap in a report on Thursday, November 21st. One investment analyst has rated the stock with a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $112.00.

AerCap Trading Down 0.2 %

NYSE AER opened at $95.05 on Friday. The company has a market cap of $18.81 billion, a price-to-earnings ratio of 7.53, a P/E/G ratio of 2.07 and a beta of 1.82. AerCap Holdings has a 52 week low of $75.83 and a 52 week high of $100.81. The business has a 50 day moving average price of $96.09 and a 200-day moving average price of $95.01. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 2.89.

AerCap (NYSE:AER) last released its quarterly earnings data on Wednesday, October 30th. The financial services provider reported $2.41 EPS for the quarter, meeting the consensus estimate of $2.41. The firm had revenue of $1.95 billion during 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 quarterly revenue was up 3.0% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.81 earnings per share. As a group, equities analysts expect that AerCap Holdings will post 11.26 earnings per share for the current fiscal year.

AerCap Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, December 5th. Investors 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 (DPR) 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.