Natixis Advisors LLC Has $21.39 Million Stock Holdings in AerCap Holdings (NYSE:AER)

Natixis Advisors LLC lifted its position in AerCap Holdings (NYSE:AER) by 8.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 223,484 shares of the financial services provider’s stock after acquiring an additional 17,984 shares during the period. Natixis Advisors LLC’s holdings in AerCap were worth $21,387,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of AER. Darsana Capital Partners LP acquired a new stake in shares of AerCap in the 3rd quarter valued at approximately $94,720,000. TOMS Capital Investment Management LP bought a new stake in AerCap during the 3rd quarter worth approximately $60,526,000. KBC Group NV increased its stake in AerCap by 137.8% during the 4th quarter. KBC Group NV now owns 834,452 shares of the financial services provider’s stock worth $79,857,000 after purchasing an additional 483,564 shares in the last quarter. State Street Corp increased its stake in AerCap by 8.3% during the 3rd quarter. State Street Corp now owns 4,862,517 shares of the financial services provider’s stock worth $460,579,000 after purchasing an additional 370,906 shares in the last quarter. Finally, River Road Asset Management LLC increased its stake in AerCap by 896.4% during the 4th quarter. River Road Asset Management LLC now owns 391,506 shares of the financial services provider’s stock worth $37,467,000 after purchasing an additional 352,215 shares in the last quarter. 96.42% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts recently issued reports on AER shares. Susquehanna increased their target price on AerCap from $108.00 to $120.00 and gave the stock a “positive” rating in a research note on Thursday, February 27th. UBS Group cut AerCap to an “underperform” rating in a research note on Friday, March 7th. Bank of America increased their target price on AerCap from $105.00 to $125.00 and gave the stock a “buy” rating in a research note on Friday, March 7th. The Goldman Sachs Group reissued a “buy” rating and set a $119.00 target price on shares of AerCap in a research note on Thursday, November 21st. Finally, Barclays reaffirmed an “overweight” rating and set a $115.00 price target (up from $113.00) on shares of AerCap in a research note on Thursday, February 27th. One analyst has rated the stock with a sell rating, one has issued a hold rating and six have given a buy rating to the stock. According to MarketBeat.com, AerCap currently has a consensus rating of “Moderate Buy” and an average target price of $117.43.

AerCap Price Performance

Shares of AER opened at $102.49 on Tuesday. The stock has a market capitalization of $19.14 billion, a P/E ratio of 8.12, a P/E/G ratio of 2.22 and a beta of 1.83. AerCap Holdings has a twelve month low of $81.93 and a twelve month high of $107.36. The company has a 50 day moving average of $98.24 and a 200-day moving average of $96.49. 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, February 26th. The financial services provider reported $3.31 EPS for the quarter, beating the consensus estimate of $2.56 by $0.75. The company had revenue of $2.07 billion during the quarter, compared to the consensus estimate of $1.97 billion. AerCap had a return on equity of 13.98% and a net margin of 32.38%. As a group, equities research analysts forecast that AerCap Holdings will post 11.29 EPS for the current fiscal year.

AerCap Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 3rd. Stockholders of record on Wednesday, March 12th will be issued a $0.27 dividend. This represents a $1.08 annualized dividend and a dividend yield of 1.05%. The ex-dividend date of this dividend is Wednesday, March 12th. This is an increase from AerCap’s previous quarterly dividend of $0.25. AerCap’s dividend payout ratio is presently 9.99%.

AerCap announced that its board has approved a stock repurchase plan on Wednesday, February 26th that authorizes the company to repurchase $1.00 billion in shares. This repurchase authorization authorizes the financial services provider to reacquire up to 4.9% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company’s management believes its stock is undervalued.

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.