Inspire Investing LLC acquired a new stake in shares of Aercap Holdings N.V. (NYSE:AER – Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 2,024 shares of the financial services provider’s stock, valued at approximately $237,000.
A number of other large investors have also recently modified their holdings of AER. Mather Group LLC. boosted its position in Aercap by 230.1% in the first quarter. Mather Group LLC. now owns 307 shares of the financial services provider’s stock valued at $31,000 after buying an additional 214 shares in the last quarter. Quarry LP bought a new position in shares of Aercap in the 1st quarter valued at $37,000. Geneos Wealth Management Inc. boosted its holdings in shares of Aercap by 26.6% during the 1st quarter. Geneos Wealth Management Inc. now owns 447 shares of the financial services provider’s stock valued at $46,000 after acquiring an additional 94 shares in the last quarter. Summit Securities Group LLC bought a new stake in Aercap during the 1st quarter worth $64,000. Finally, Blue Trust Inc. increased its holdings in Aercap by 42.2% in the 1st quarter. Blue Trust Inc. now owns 1,318 shares of the financial services provider’s stock worth $135,000 after purchasing an additional 391 shares in the last quarter. Institutional investors and hedge funds own 96.42% of the company’s stock.
Aercap Price Performance
AER opened at $120.39 on Friday. The firm has a 50-day moving average price of $120.83 and a 200-day moving average price of $113.20. Aercap Holdings N.V. has a twelve month low of $85.57 and a twelve month high of $126.27. The company has a quick ratio of 0.44, a current ratio of 0.44 and a debt-to-equity ratio of 2.57. The company has a market capitalization of $22.49 billion, a price-to-earnings ratio of 7.49, a PEG ratio of 2.41 and a beta of 1.40.
Aercap Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Thursday, September 4th. Investors of record on Wednesday, August 13th were given a dividend of $0.27 per share. The ex-dividend date of this dividend was Wednesday, August 13th. This represents a $1.08 annualized dividend and a dividend yield of 0.9%. Aercap’s dividend payout ratio (DPR) is 6.72%.
Analyst Ratings Changes
AER has been the topic of a number of recent research reports. Weiss Ratings reiterated a “buy (b+)” rating on shares of Aercap in a report on Wednesday, October 8th. Barclays lifted their target price on Aercap from $115.00 to $131.00 and gave the stock an “overweight” rating in a report on Thursday, July 10th. Susquehanna increased their price target on Aercap from $130.00 to $134.00 and gave the company a “positive” rating in a research note on Wednesday, August 13th. Finally, Morgan Stanley lifted their price objective on Aercap from $111.00 to $120.00 and gave the stock an “equal weight” rating in a research note on Thursday, July 17th. Seven equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Aercap has an average rating of “Moderate Buy” and a consensus target price of $122.57.
Check Out Our Latest Report on Aercap
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.
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