Greenspring Advisors LLC Takes $849,000 Position in Aercap Holdings N.V. $AER

Greenspring Advisors LLC bought a new stake in Aercap Holdings N.V. (NYSE:AER) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 5,904 shares of the financial services provider’s stock, valued at approximately $849,000.

A number of other large investors also recently modified their holdings of AER. Harbor Capital Advisors Inc. purchased a new stake in shares of Aercap during the fourth quarter valued at approximately $27,000. Advisory Services Network LLC purchased a new stake in shares of Aercap during the third quarter valued at approximately $35,000. Geneos Wealth Management Inc. increased its position in shares of Aercap by 26.6% during the first 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 during the last quarter. GAMMA Investing LLC increased its position in shares of Aercap by 36.5% during the fourth quarter. GAMMA Investing LLC now owns 359 shares of the financial services provider’s stock valued at $52,000 after acquiring an additional 96 shares during the last quarter. Finally, JFS Wealth Advisors LLC purchased a new stake in shares of Aercap during the third quarter valued at approximately $67,000. Institutional investors own 96.42% of the company’s stock.

Aercap Stock Performance

NYSE:AER opened at $136.29 on Friday. The company has a debt-to-equity ratio of 2.34, a current ratio of 0.24 and a quick ratio of 0.24. The business has a fifty day simple moving average of $140.95 and a two-hundred day simple moving average of $141.63. Aercap Holdings N.V. has a 1 year low of $105.65 and a 1 year high of $154.94. The company has a market capitalization of $22.74 billion, a P/E ratio of 5.97, a P/E/G ratio of 0.94 and a beta of 0.93.

Aercap (NYSE:AER) last released its earnings results on Tuesday, March 31st. The financial services provider reported $5.39 earnings per share (EPS) for the quarter. Aercap had a return on equity of 16.01% and a net margin of 45.22%.The business had revenue of $2.30 billion during the quarter. On average, analysts expect that Aercap Holdings N.V. will post 17.23 earnings per share for the current year.

Aercap announced that its board has initiated a share buyback program on Wednesday, April 29th that permits the company to repurchase $1.00 billion in shares. This repurchase authorization permits the financial services provider to purchase up to 4.3% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company’s board of directors believes its stock is undervalued.

Aercap Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, June 4th. Shareholders of record on Wednesday, May 13th were given a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend was Wednesday, May 13th. Aercap’s dividend payout ratio (DPR) is currently 7.01%.

Analyst Ratings Changes

AER has been the subject of a number of research analyst reports. Morgan Stanley decreased their price target on Aercap from $160.00 to $155.00 and set an “equal weight” rating for the company in a research report on Thursday, April 30th. Susquehanna increased their price target on Aercap from $165.00 to $170.00 and gave the company a “positive” rating in a research report on Thursday, April 30th. Truist Financial increased their price target on Aercap from $159.00 to $161.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. TD Cowen increased their price target on Aercap from $170.00 to $175.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. Finally, Deutsche Bank Aktiengesellschaft set a $175.00 price target on Aercap and gave the company a “buy” rating in a research report on Tuesday, February 10th. Eight investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $163.13.

About Aercap

AerCap Holdings N.V. (NYSE: AER) is a global aircraft leasing and aviation finance company that acquires, leases, sells and manages commercial aircraft and engines. Its core services include operating leases, finance leases, sale-and-leaseback transactions, aircraft trading and remarketing, and asset management for airline customers. The company also provides related commercial and technical support services designed to optimize fleet utilization and residual values over the life cycle of aircraft and engines.

Operating with a broad global footprint, AerCap serves airlines and other aviation customers across North America, Europe, Asia-Pacific, Latin America, the Middle East and Africa.