Mitsubishi UFJ Asset Management Co. Ltd. Buys 11,922 Shares of Aercap Holdings N.V. $AER

Mitsubishi UFJ Asset Management Co. Ltd. raised its stake in Aercap Holdings N.V. (NYSE:AER) by 7.8% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 165,622 shares of the financial services provider’s stock after acquiring an additional 11,922 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. owned approximately 0.09% of Aercap worth $19,378,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Los Angeles Capital Management LLC grew its stake in Aercap by 7.4% during the second quarter. Los Angeles Capital Management LLC now owns 4,240 shares of the financial services provider’s stock worth $496,000 after buying an additional 292 shares in the last quarter. AGF Management Ltd. lifted its holdings in shares of Aercap by 0.5% during the 2nd quarter. AGF Management Ltd. now owns 649,718 shares of the financial services provider’s stock worth $76,017,000 after acquiring an additional 2,992 shares during the period. Cannon Financial Strategists Inc. bought a new position in Aercap in the second quarter valued at approximately $351,000. Bensler LLC increased its stake in Aercap by 5.0% in the second quarter. Bensler LLC now owns 39,267 shares of the financial services provider’s stock valued at $4,594,000 after acquiring an additional 1,863 shares during the last quarter. Finally, Metis Global Partners LLC raised its position in Aercap by 67.4% during the second quarter. Metis Global Partners LLC now owns 5,543 shares of the financial services provider’s stock valued at $649,000 after purchasing an additional 2,232 shares in the last quarter. Institutional investors own 96.42% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently commented on the company. Bank of America boosted their price target on Aercap from $130.00 to $150.00 and gave the stock a “buy” rating in a report on Tuesday, November 4th. TD Cowen upped their price target on shares of Aercap from $135.00 to $150.00 and gave the stock a “buy” rating in a report on Thursday, October 30th. Susquehanna raised their price objective on Aercap from $134.00 to $157.00 and gave the company a “positive” rating in a report on Tuesday. Zacks Research upgraded Aercap from a “hold” rating to a “strong-buy” rating in a research report on Thursday, October 16th. Finally, Barclays increased their target price on Aercap from $132.00 to $144.00 and gave the company an “overweight” rating in a research report on Thursday, October 30th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $140.57.

Aercap Stock Down 0.0%

Shares of NYSE:AER opened at $136.22 on Wednesday. The firm has a market cap of $25.44 billion, a P/E ratio of 6.45, a P/E/G ratio of 2.50 and a beta of 1.40. Aercap Holdings N.V. has a 12-month low of $85.57 and a 12-month high of $138.27. The business has a fifty day simple moving average of $124.06 and a 200 day simple moving average of $117.41. The company has a quick ratio of 0.44, a current ratio of 0.44 and a debt-to-equity ratio of 2.57.

Aercap (NYSE:AER) last issued its quarterly earnings data on Wednesday, October 29th. The financial services provider reported $4.97 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.16 by $1.81. Aercap had a return on equity of 15.31% and a net margin of 45.41%.The company had revenue of $2.31 billion during the quarter, compared to the consensus estimate of $2 billion. During the same period last year, the company earned $2.41 earnings per share. The firm’s revenue was up 18.5% compared to the same quarter last year. Aercap has set its FY 2025 guidance at 13.700-13.700 EPS. Analysts predict that Aercap Holdings N.V. will post 11.29 earnings per share for the current year.

Aercap Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 4th. Stockholders of record on Wednesday, November 12th will be given a dividend of $0.27 per share. The ex-dividend date is Wednesday, November 12th. This represents a $1.08 annualized dividend and a dividend yield of 0.8%. Aercap’s dividend payout ratio is 5.12%.

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.