Dorsey & Whitney Trust CO LLC Acquires 194 Shares of AerCap Holdings (NYSE:AER)

Dorsey & Whitney Trust CO LLC boosted its holdings in shares of AerCap Holdings (NYSE:AER) by 3.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,322 shares of the financial services provider’s stock after acquiring an additional 194 shares during the period. Dorsey & Whitney Trust CO LLC’s holdings in AerCap were worth $509,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Toth Financial Advisory Corp bought a new position in AerCap during the 4th quarter worth about $29,000. Truvestments Capital LLC bought a new stake in shares of AerCap in the 3rd quarter valued at about $35,000. Fortitude Family Office LLC bought a new stake in shares of AerCap in the 4th quarter valued at about $38,000. Transamerica Financial Advisors Inc. bought a new stake in shares of AerCap in the 3rd quarter valued at about $64,000. Finally, Quantbot Technologies LP bought a new stake in shares of AerCap in the 3rd quarter valued at about $66,000. 96.42% of the stock is currently owned by institutional investors.

AerCap Stock Performance

AER opened at $95.25 on Tuesday. AerCap Holdings has a 12-month low of $80.90 and a 12-month high of $107.36. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 2.89. The firm has a market capitalization of $17.79 billion, a PE ratio of 7.55, a P/E/G ratio of 2.22 and a beta of 1.83. The firm has a 50 day moving average of $97.88 and a two-hundred day moving average of $96.33.

AerCap (NYSE:AER) last posted its quarterly earnings results on Wednesday, February 26th. The financial services provider reported $3.31 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.56 by $0.75. AerCap had a net margin of 32.38% and a return on equity of 13.98%. The company had revenue of $2.07 billion during the quarter, compared to analyst estimates of $1.97 billion. On average, analysts anticipate that AerCap Holdings will post 11.29 EPS for the current year.

AerCap declared that its board has initiated a share repurchase program on Wednesday, February 26th that allows the company to buyback $1.00 billion in shares. This buyback authorization allows the financial services provider to purchase up to 4.9% of its shares through open market purchases. Shares buyback programs are often a sign that the company’s management believes its stock is undervalued.

AerCap Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 3rd. Shareholders of record on Wednesday, March 12th will be given a dividend of $0.27 per share. The ex-dividend date is Wednesday, March 12th. This is a positive change from AerCap’s previous quarterly dividend of $0.25. This represents a $1.08 dividend on an annualized basis and a yield of 1.13%. AerCap’s dividend payout ratio (DPR) is currently 9.99%.

Analyst Ratings Changes

A number of analysts have recently weighed in on the stock. Bank of America raised their price target on shares of AerCap from $105.00 to $125.00 and gave the company a “buy” rating in a report on Friday. UBS Group cut shares of AerCap to an “underperform” rating in a report on Friday. Susquehanna raised their price target on shares of AerCap from $108.00 to $120.00 and gave the company a “positive” rating in a report on Thursday, February 27th. Barclays reaffirmed an “overweight” rating and issued a $115.00 price objective (up from $113.00) on shares of AerCap in a research report on Thursday, February 27th. Finally, The Goldman Sachs Group reaffirmed a “buy” rating and issued a $119.00 price objective on shares of AerCap in a research report on Thursday, November 21st. One research analyst has rated the stock with a sell rating, one has issued a hold rating and six have given a buy rating to the company’s stock. Based on data from MarketBeat, AerCap has a consensus rating of “Moderate Buy” and a consensus target price of $117.43.

AerCap Company 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.