Transamerica Financial Advisors Inc. Buys Shares of 668 AerCap Holdings (NYSE:AER)

Transamerica Financial Advisors Inc. bought a new stake in shares of AerCap Holdings (NYSE:AER) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 668 shares of the financial services provider’s stock, valued at approximately $64,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Blue Trust Inc. increased its position in AerCap by 89.9% during the 2nd quarter. Blue Trust Inc. now owns 283 shares of the financial services provider’s stock valued at $25,000 after purchasing an additional 134 shares during the period. Mather Group LLC. increased its position in AerCap by 230.1% during the 2nd quarter. Mather Group LLC. now owns 307 shares of the financial services provider’s stock valued at $27,000 after purchasing an additional 214 shares during the period. Truvestments Capital LLC acquired a new stake in AerCap during the 3rd quarter valued at approximately $35,000. UMB Bank n.a. grew its position in shares of AerCap by 35.5% during the 3rd quarter. UMB Bank n.a. now owns 664 shares of the financial services provider’s stock worth $63,000 after buying an additional 174 shares during the period. Finally, Quantbot Technologies LP acquired a new stake in shares of AerCap during the 3rd quarter worth approximately $66,000. Institutional investors and hedge funds own 96.42% of the company’s stock.

AerCap Price Performance

Shares of AER opened at $99.09 on Thursday. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 2.89. The business’s fifty day moving average is $95.85 and its 200 day moving average is $93.92. AerCap Holdings has a 12-month low of $66.34 and a 12-month high of $100.81. The stock has a market cap of $19.61 billion, a P/E ratio of 7.85, a P/E/G ratio of 2.25 and a beta of 1.83.

AerCap (NYSE:AER) last issued its quarterly earnings data on Wednesday, October 30th. The financial services provider reported $2.41 earnings per share for the quarter, meeting the consensus estimate of $2.41. AerCap had a return on equity of 13.98% and a net margin of 32.38%. The business had revenue of $1.95 billion for the quarter, compared to analysts’ expectations of $1.92 billion. During the same period last year, the business earned $2.81 EPS. The business’s revenue was up 3.0% on a year-over-year basis. Sell-side analysts anticipate that AerCap Holdings will post 11.26 earnings per share for the current fiscal year.

AerCap Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 5th. Shareholders of record on Wednesday, November 13th will be paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 1.01%. The ex-dividend date is Wednesday, November 13th. AerCap’s dividend payout ratio (DPR) is presently 7.92%.

Wall Street Analyst Weigh In

Several analysts have recently commented on AER shares. Deutsche Bank Aktiengesellschaft raised their price objective on shares of AerCap from $110.00 to $115.00 and gave the stock a “buy” rating in a research report on Tuesday, October 22nd. Barclays raised their price objective on shares of AerCap from $111.00 to $113.00 and gave the stock an “overweight” rating in a research report on Friday, August 2nd. Susquehanna raised their price objective on shares of AerCap from $100.00 to $108.00 and gave the stock a “positive” rating in a research report on Friday, August 2nd. Finally, The Goldman Sachs Group reaffirmed a “buy” rating and set a $119.00 price objective on shares of AerCap in a research report on Thursday, November 21st. One analyst has rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. Based on data from MarketBeat, AerCap presently has an average rating of “Moderate Buy” and a consensus target price of $112.00.

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.