Kepler Cheuvreux Suisse SA Has $7.46 Million Position in Aercap Holdings N.V. $AER

Kepler Cheuvreux Suisse SA cut its holdings in Aercap Holdings N.V. (NYSE:AER) by 41.7% in the 1st quarter, HoldingsChannel.com reports. The fund owned 54,390 shares of the financial services provider’s stock after selling 38,905 shares during the period. Kepler Cheuvreux Suisse SA’s holdings in Aercap were worth $7,461,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in AER. Integrated Wealth Concepts LLC grew its stake in Aercap by 19.0% during the first quarter. Integrated Wealth Concepts LLC now owns 2,649 shares of the financial services provider’s stock worth $271,000 after purchasing an additional 423 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in Aercap by 282.7% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 6,659 shares of the financial services provider’s stock valued at $680,000 after buying an additional 4,919 shares during the period. Geneos Wealth Management Inc. boosted its stake in Aercap by 26.6% during the first quarter. Geneos Wealth Management Inc. now owns 447 shares of the financial services provider’s stock worth $46,000 after acquiring an additional 94 shares in the last quarter. Invesco Ltd. boosted its position in shares of Aercap by 43.3% during the 2nd quarter. Invesco Ltd. now owns 459,459 shares of the financial services provider’s stock worth $53,757,000 after purchasing an additional 138,843 shares in the last quarter. Finally, EverSource Wealth Advisors LLC boosted its holdings in Aercap by 59.2% in the second quarter. EverSource Wealth Advisors LLC now owns 1,143 shares of the financial services provider’s stock worth $134,000 after acquiring an additional 425 shares in the last quarter. Institutional investors own 96.42% of the company’s stock.

Aercap Stock Up 0.1%

Shares of NYSE AER opened at $147.93 on Friday. The company has a current ratio of 0.24, a quick ratio of 0.24 and a debt-to-equity ratio of 2.34. Aercap Holdings N.V. has a 12 month low of $105.65 and a 12 month high of $154.94. The firm has a market capitalization of $24.69 billion, a price-to-earnings ratio of 6.48, a PEG ratio of 1.03 and a beta of 0.94. The business has a 50-day moving average of $141.81 and a 200-day moving average of $142.77.

Aercap (NYSE:AER) last posted its quarterly earnings data on Tuesday, March 31st. The financial services provider reported $5.39 earnings per share for the quarter. The firm had revenue of $2.30 billion for the quarter. Aercap had a net margin of 45.22% and a return on equity of 16.01%. Sell-side analysts expect that Aercap Holdings N.V. will post 17.23 earnings per share for the current fiscal year.

Aercap Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 4th. Shareholders of record on Wednesday, May 13th were given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date was Wednesday, May 13th. Aercap’s dividend payout ratio (DPR) is presently 7.01%.

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

Analyst Ratings Changes

A number of research analysts have weighed in on AER shares. Zacks Research lowered shares of Aercap from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 1st. Weiss Ratings cut Aercap from a “buy (a-)” rating to a “buy (b+)” rating in a research report on Tuesday, May 26th. TD Cowen boosted their target price on shares of Aercap from $170.00 to $175.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. Susquehanna increased their price target on Aercap from $165.00 to $170.00 and gave the stock a “positive” rating in a research note on Thursday, April 30th. Finally, Barclays raised their price objective on shares of Aercap from $162.00 to $164.00 and gave the stock an “overweight” rating in a report on Thursday, April 30th. Eight investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $163.12.

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.