AerCap Holdings (NYSE:AER) Shares Bought by Epoch Investment Partners Inc.

Epoch Investment Partners Inc. lifted its holdings in shares of AerCap Holdings (NYSE:AER) by 13.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 11,474 shares of the financial services provider’s stock after acquiring an additional 1,350 shares during the quarter. Epoch Investment Partners Inc.’s holdings in AerCap were worth $1,098,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of AER. Toth Financial Advisory Corp acquired a new position in shares of AerCap in the 4th quarter valued at approximately $29,000. Pinpoint Asset Management Ltd bought a new stake in shares of AerCap in the fourth quarter worth $35,000. Fortitude Family Office LLC acquired a new stake in shares of AerCap in the 4th quarter valued at about $38,000. Eagle Bay Advisors LLC lifted its holdings in AerCap by 1,148.5% during the 4th quarter. Eagle Bay Advisors LLC now owns 1,261 shares of the financial services provider’s stock worth $121,000 after buying an additional 1,160 shares during the last quarter. Finally, Blue Trust Inc. lifted its stake in AerCap by 51.7% during the fourth quarter. Blue Trust Inc. now owns 1,388 shares of the financial services provider’s stock worth $131,000 after purchasing an additional 473 shares during the last quarter. Institutional investors and hedge funds own 96.42% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have commented on the company. Susquehanna lifted their target price on AerCap from $108.00 to $120.00 and gave the company a “positive” rating in a research note on Thursday, February 27th. Barclays reiterated an “overweight” rating and issued a $115.00 target price (up from $113.00) on shares of AerCap in a research note on Thursday, February 27th. Morgan Stanley lowered their price target on shares of AerCap from $112.00 to $101.00 and set an “equal weight” rating for the company in a research report on Friday, April 11th. Bank of America lifted their price objective on shares of AerCap from $105.00 to $125.00 and gave the company a “buy” rating in a research report on Friday, March 7th. Finally, UBS Group cut shares of AerCap to an “underperform” rating in a research report on Friday, March 7th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat, AerCap presently has a consensus rating of “Moderate Buy” and an average target price of $117.14.

AerCap Stock Up 2.4 %

AerCap stock opened at $97.44 on Monday. The company’s 50-day moving average price is $99.40 and its two-hundred day moving average price is $97.19. The stock has a market cap of $18.20 billion, a price-to-earnings ratio of 7.72, a PEG ratio of 2.22 and a beta of 1.46. AerCap Holdings has a 52 week low of $82.21 and a 52 week 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.

AerCap (NYSE:AER) last announced its earnings results on Wednesday, February 26th. The financial services provider reported $3.31 EPS for the quarter, topping the consensus estimate of $2.56 by $0.75. The firm had revenue of $2.07 billion for 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%. On average, analysts expect that AerCap Holdings will post 11.29 EPS for the current fiscal year.

AerCap Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, April 3rd. Investors of record on Wednesday, March 12th were paid a dividend of $0.27 per share. The ex-dividend date was Wednesday, March 12th. This represents a $1.08 annualized dividend and a yield of 1.11%. This is a boost from AerCap’s previous quarterly dividend of $0.25. AerCap’s dividend payout ratio (DPR) is currently 9.99%.

AerCap declared that its board has authorized a stock buyback plan on Wednesday, February 26th that allows the company to buyback $1.00 billion in shares. This buyback authorization allows the financial services provider to buy up to 4.9% of its stock through open market purchases. Stock buyback plans are often 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.