Aercap Holdings N.V. (NYSE:AER) Short Interest Update

Aercap Holdings N.V. (NYSE:AER) was the recipient of a significant growth in short interest during the month of March. As of March 31st, there was short interest totaling 2,055,830 shares, a growth of 22.0% from the March 15th total of 1,685,388 shares. Based on an average daily trading volume, of 1,212,046 shares, the days-to-cover ratio is presently 1.7 days. Approximately 1.2% of the shares of the company are short sold.

Aercap Stock Performance

NYSE AER opened at $147.38 on Friday. The stock has a 50-day moving average of $142.83 and a 200 day moving average of $138.36. Aercap has a twelve month low of $93.28 and a twelve month high of $154.94. The stock has a market capitalization of $24.59 billion, a price-to-earnings ratio of 6.91, a PEG ratio of 1.25 and a beta of 0.99. The company has a current ratio of 0.23, a quick ratio of 0.23 and a debt-to-equity ratio of 2.38.

Aercap (NYSE:AER) last announced its earnings results on Saturday, February 7th. The financial services provider reported $3.95 EPS for the quarter, beating analysts’ consensus estimates of $3.31 by $0.64. Aercap had a return on equity of 15.11% and a net margin of 44.04%.The business had revenue of $2.36 billion during the quarter, compared to analysts’ expectations of $2.07 billion. During the same quarter in the prior year, the firm earned $3.31 earnings per share. The business’s revenue was up 8.3% compared to the same quarter last year. Sell-side analysts anticipate that Aercap will post 11.29 EPS for the current fiscal year.

Aercap Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 19th. Shareholders of record on Wednesday, February 25th were issued a dividend of $0.40 per share. The ex-dividend date of this dividend was Wednesday, February 25th. This is an increase from Aercap’s previous quarterly dividend of $0.27. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.1%. Aercap’s payout ratio is currently 7.50%.

Hedge Funds Weigh In On Aercap

A number of hedge funds have recently made changes to their positions in the company. Corient Private Wealth LLC raised its holdings in shares of Aercap by 33.3% during the fourth quarter. Corient Private Wealth LLC now owns 10,157 shares of the financial services provider’s stock valued at $1,460,000 after acquiring an additional 2,540 shares during the last quarter. EJMK Ventures LLC acquired a new position in shares of Aercap during the fourth quarter valued at approximately $893,000. Arwa LLC purchased a new stake in shares of Aercap in the fourth quarter valued at approximately $387,000. Invesco Ltd. grew its position in shares of Aercap by 23.9% in the fourth quarter. Invesco Ltd. now owns 533,899 shares of the financial services provider’s stock valued at $76,753,000 after purchasing an additional 102,868 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV grew its position in shares of Aercap by 22.2% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 2,697 shares of the financial services provider’s stock valued at $388,000 after purchasing an additional 490 shares in the last quarter. Institutional investors and hedge funds own 96.42% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently commented on AER. Barclays upped their target price on Aercap from $144.00 to $162.00 and gave the stock an “overweight” rating in a research note on Tuesday, January 6th. Morgan Stanley upped their price target on Aercap from $150.00 to $160.00 and gave the stock an “equal weight” rating in a report on Monday, March 2nd. TD Cowen reaffirmed a “buy” rating on shares of Aercap in a report on Monday, March 16th. Zacks Research cut Aercap from a “strong-buy” rating to a “hold” rating in a report on Tuesday, December 30th. Finally, Weiss Ratings reaffirmed a “buy (b+)” rating on shares of Aercap in a report on Wednesday, January 21st. Eight investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, Aercap has a consensus rating of “Moderate Buy” and a consensus target price of $153.38.

Aercap Company Profile

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.