JBF Capital Inc. Decreases Stock Holdings in Aercap Holdings N.V. $AER

JBF Capital Inc. lessened its stake in shares of Aercap Holdings N.V. (NYSE:AER) by 2.3% during the second quarter, HoldingsChannel.com reports. The fund owned 21,500 shares of the financial services provider’s stock after selling 500 shares during the quarter. Aercap accounts for about 0.4% of JBF Capital Inc.’s portfolio, making the stock its 22nd biggest position. JBF Capital Inc.’s holdings in Aercap were worth $2,516,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in the stock. Private Advisor Group LLC boosted its holdings in Aercap by 194.1% in the first quarter. Private Advisor Group LLC now owns 8,115 shares of the financial services provider’s stock worth $829,000 after purchasing an additional 5,356 shares during the last quarter. Balentine LLC lifted its holdings in shares of Aercap by 15.6% during the 1st quarter. Balentine LLC now owns 3,403 shares of the financial services provider’s stock valued at $348,000 after buying an additional 460 shares during the period. Allianz Asset Management GmbH boosted its stake in shares of Aercap by 10.6% in the 1st quarter. Allianz Asset Management GmbH now owns 134,792 shares of the financial services provider’s stock worth $13,772,000 after buying an additional 12,936 shares during the last quarter. Four Tree Island Advisory LLC grew its holdings in shares of Aercap by 4.2% in the first quarter. Four Tree Island Advisory LLC now owns 106,233 shares of the financial services provider’s stock worth $10,854,000 after acquiring an additional 4,233 shares during the period. Finally, Y Intercept Hong Kong Ltd lifted its holdings in Aercap by 21.1% in the first quarter. Y Intercept Hong Kong Ltd now owns 16,054 shares of the financial services provider’s stock valued at $1,640,000 after acquiring an additional 2,795 shares during the period. 96.42% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research firms have issued reports on AER. Susquehanna boosted their price target on Aercap from $134.00 to $157.00 and gave the company a “positive” rating in a research note on Tuesday. Barclays boosted their target price on shares of Aercap from $132.00 to $144.00 and gave the company an “overweight” rating in a research report on Thursday, October 30th. TD Cowen lifted their price target on shares of Aercap from $135.00 to $150.00 and gave the stock a “buy” rating in a research note on Thursday, October 30th. Bank of America boosted their price objective on shares of Aercap from $130.00 to $150.00 and gave the company a “buy” rating in a research report on Tuesday, November 4th. Finally, Cowen reaffirmed a “buy” rating on shares of Aercap in a report on Thursday, October 30th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $140.57.

Aercap Stock Up 0.3%

Shares of AER stock opened at $136.86 on Friday. The company has a debt-to-equity ratio of 2.57, a current ratio of 0.44 and a quick ratio of 0.44. Aercap Holdings N.V. has a one year low of $85.57 and a one year high of $138.34. The company’s fifty day moving average price is $124.88 and its 200-day moving average price is $117.92. The company has a market capitalization of $25.56 billion, a price-to-earnings ratio of 6.48, a PEG ratio of 2.50 and a beta of 1.40.

Aercap (NYSE:AER) last issued its quarterly earnings results 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 business had revenue of $2.31 billion during the quarter, compared to analyst estimates of $2 billion. During the same quarter in the prior year, the business posted $2.41 EPS. Aercap’s revenue for the quarter was up 18.5% compared to the same quarter last year. Aercap has set its FY 2025 guidance at 13.700-13.700 EPS. Sell-side analysts expect that Aercap Holdings N.V. will post 11.29 EPS for the current fiscal year.

Aercap Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 4th. Investors of record on Wednesday, November 12th will be issued a $0.27 dividend. The ex-dividend date of this dividend is Wednesday, November 12th. This represents a $1.08 dividend on an annualized basis and a yield of 0.8%. Aercap’s payout ratio is currently 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.