AerCap Holdings (NYSE:AER) Shares Purchased by Counterpoint Mutual Funds LLC

Counterpoint Mutual Funds LLC increased its position in shares of AerCap Holdings (NYSE:AER) by 13.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,136 shares of the financial services provider’s stock after purchasing an additional 378 shares during the period. Counterpoint Mutual Funds LLC’s holdings in AerCap were worth $300,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of AER. Natixis Advisors LLC increased its position in AerCap by 9.2% during the third quarter. Natixis Advisors LLC now owns 205,500 shares of the financial services provider’s stock worth $19,465,000 after purchasing an additional 17,348 shares during the last quarter. PCJ Investment Counsel Ltd. increased its position in AerCap by 169.7% during the third quarter. PCJ Investment Counsel Ltd. now owns 53,960 shares of the financial services provider’s stock worth $5,111,000 after purchasing an additional 33,950 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. increased its position in AerCap by 66.8% during the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 279,803 shares of the financial services provider’s stock worth $26,503,000 after purchasing an additional 112,084 shares during the last quarter. Advisors Asset Management Inc. increased its position in AerCap by 9.6% during the third quarter. Advisors Asset Management Inc. now owns 5,937 shares of the financial services provider’s stock worth $562,000 after purchasing an additional 520 shares during the last quarter. Finally, First Horizon Advisors Inc. increased its position in AerCap by 15.3% during the third quarter. First Horizon Advisors Inc. now owns 814 shares of the financial services provider’s stock worth $77,000 after purchasing an additional 108 shares during the last quarter. 96.42% of the stock is currently owned by institutional investors and hedge funds.

AerCap Stock Up 0.4 %

NYSE AER opened at $103.00 on Wednesday. The stock has a market cap of $19.24 billion, a PE ratio of 8.16, a P/E/G ratio of 2.22 and a beta of 1.83. AerCap Holdings has a fifty-two week low of $81.93 and a fifty-two week high of $107.36. The business has a 50 day moving average price of $98.40 and a two-hundred day moving average price of $96.53. 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 earnings results 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 analysts’ expectations of $1.97 billion. AerCap had a return on equity of 13.98% and a net margin of 32.38%. As a group, sell-side analysts predict that AerCap Holdings will post 11.29 EPS for the current fiscal 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 shares. This repurchase authorization authorizes the financial services provider to buy up to 4.9% of its stock through open market purchases. Stock repurchase plans are often a sign that the company’s leadership believes its stock is undervalued.

AerCap Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 3rd. Stockholders of record on Wednesday, March 12th will be issued a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.05%. This is a positive change from AerCap’s previous quarterly dividend of $0.25. The ex-dividend date of this dividend is Wednesday, March 12th. AerCap’s dividend payout ratio (DPR) is 9.99%.

Analyst Ratings Changes

Several research analysts have weighed in on AER shares. Barclays reaffirmed an “overweight” rating and set a $115.00 target price (up previously from $113.00) on shares of AerCap in a research note on Thursday, February 27th. The Goldman Sachs Group reissued a “buy” rating and issued a $119.00 price objective on shares of AerCap in a research note on Thursday, November 21st. Bank of America raised their price objective on shares of AerCap from $105.00 to $125.00 and gave the company a “buy” rating in a research note on Friday, March 7th. Susquehanna raised their target price on shares of AerCap from $108.00 to $120.00 and gave the company a “positive” rating in a report on Thursday, February 27th. Finally, UBS Group cut shares of AerCap to an “underperform” 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 issued a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target 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.