XTX Topco Ltd Purchases 5,974 Shares of AerCap Holdings (NYSE:AER)

XTX Topco Ltd raised its holdings in shares of AerCap Holdings (NYSE:AER) by 124.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 10,792 shares of the financial services provider’s stock after acquiring an additional 5,974 shares during the quarter. XTX Topco Ltd’s holdings in AerCap were worth $1,033,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the business. B. Riley Wealth Advisors Inc. raised its stake in AerCap by 59.3% during the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 17,875 shares of the financial services provider’s stock valued at $1,686,000 after purchasing an additional 6,654 shares during the period. Bank of New York Mellon Corp grew its holdings in AerCap by 1.0% during the 4th quarter. Bank of New York Mellon Corp now owns 446,303 shares of the financial services provider’s stock valued at $42,711,000 after buying an additional 4,222 shares in the last quarter. O Shaughnessy Asset Management LLC grew its holdings in AerCap by 11.3% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 18,664 shares of the financial services provider’s stock valued at $1,786,000 after buying an additional 1,900 shares in the last quarter. Franklin Resources Inc. raised its position in shares of AerCap by 5.3% during the third quarter. Franklin Resources Inc. now owns 5,601,208 shares of the financial services provider’s stock valued at $545,726,000 after buying an additional 282,980 shares during the last quarter. Finally, Barclays PLC lifted its holdings in shares of AerCap by 95.5% in the third quarter. Barclays PLC now owns 91,707 shares of the financial services provider’s stock worth $8,687,000 after buying an additional 44,797 shares in the last quarter. 96.42% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research firms recently weighed in on AER. Morgan Stanley cut their target price on shares of AerCap from $112.00 to $101.00 and set an “equal weight” rating for the company in a research note on Friday, April 11th. Barclays reiterated an “overweight” rating and issued a $115.00 target price (up from $113.00) on shares of AerCap in a research report on Thursday, February 27th. Susquehanna raised their price target on AerCap from $108.00 to $120.00 and gave the company a “positive” rating in a report on Thursday, February 27th. Bank of America upped their price objective on AerCap from $105.00 to $125.00 and gave the stock a “buy” rating in a report on Friday, March 7th. Finally, UBS Group lowered shares of AerCap to an “underperform” rating in a report on Friday, March 7th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and six have given a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $117.14.

AerCap Stock Up 1.1 %

Shares of AER opened at $96.76 on Wednesday. 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 has a fifty day moving average of $99.44 and a 200 day moving average of $97.10. The company has a market cap of $18.07 billion, a PE ratio of 7.67, a P/E/G ratio of 2.22 and a beta of 1.46. AerCap Holdings has a 52-week low of $81.93 and a 52-week high of $107.36.

AerCap (NYSE:AER) last released its earnings results on Wednesday, February 26th. The financial services provider reported $3.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.56 by $0.75. AerCap had a net margin of 32.38% and a return on equity of 13.98%. The firm had revenue of $2.07 billion during the quarter, compared to analyst estimates of $1.97 billion. On average, sell-side analysts expect that AerCap Holdings will post 11.29 EPS for the current year.

AerCap Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 3rd. Investors of record on Wednesday, March 12th were paid a dividend of $0.27 per share. This is a positive change from AerCap’s previous quarterly dividend of $0.25. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.12%. The ex-dividend date of this dividend was Wednesday, March 12th. AerCap’s dividend payout ratio (DPR) is currently 9.99%.

AerCap announced that its board has authorized a stock repurchase program on Wednesday, February 26th that allows the company to buyback $1.00 billion in shares. This buyback authorization allows the financial services provider to purchase up to 4.9% of its stock through open market purchases. Stock buyback programs are usually an indication that the company’s management believes its shares are undervalued.

About AerCap

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.