Natixis Advisors LLC Purchases 54,794 Shares of Aercap Holdings N.V. $AER

Natixis Advisors LLC increased its position in Aercap Holdings N.V. (NYSE:AER) by 18.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 356,500 shares of the financial services provider’s stock after acquiring an additional 54,794 shares during the period. Natixis Advisors LLC’s holdings in Aercap were worth $51,251,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the company. Wedmont Private Capital grew its holdings in shares of Aercap by 3.9% in the fourth quarter. Wedmont Private Capital now owns 1,979 shares of the financial services provider’s stock worth $290,000 after acquiring an additional 74 shares during the period. Argentarii LLC grew its holdings in shares of Aercap by 2.8% in the fourth quarter. Argentarii LLC now owns 2,793 shares of the financial services provider’s stock worth $402,000 after acquiring an additional 77 shares during the period. Savant Capital LLC grew its holdings in shares of Aercap by 2.4% in the third quarter. Savant Capital LLC now owns 3,417 shares of the financial services provider’s stock worth $413,000 after acquiring an additional 80 shares during the period. Huntington National Bank grew its holdings in shares of Aercap by 11.7% in the third quarter. Huntington National Bank now owns 895 shares of the financial services provider’s stock worth $108,000 after acquiring an additional 94 shares during the period. Finally, Geneos Wealth Management Inc. grew its holdings in shares of Aercap by 26.6% in 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 during the period. Institutional investors own 96.42% of the company’s stock.

Analysts Set New Price Targets

AER has been the subject of several research analyst reports. TD Cowen lifted their price objective on Aercap from $170.00 to $175.00 and gave the stock a “buy” rating in a report on Thursday, April 30th. Truist Financial lifted their price objective on Aercap from $159.00 to $161.00 and gave the stock a “buy” rating in a report on Thursday, April 30th. Weiss Ratings lowered Aercap from a “buy (a-)” rating to a “buy (b+)” rating in a report on Tuesday, May 26th. Susquehanna boosted their price target on Aercap from $165.00 to $170.00 and gave the company a “positive” rating in a report on Thursday, April 30th. Finally, JPMorgan Chase & Co. boosted their price target on Aercap from $150.00 to $155.00 and gave the company an “overweight” rating in a report on Thursday, April 30th. Eight research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $163.13.

Aercap Stock Performance

NYSE:AER opened at $134.29 on Thursday. The stock has a 50-day simple moving average of $140.95 and a two-hundred day simple moving average of $141.63. Aercap Holdings N.V. has a 52-week low of $105.65 and a 52-week high of $154.94. The company has a debt-to-equity ratio of 2.34, a quick ratio of 0.24 and a current ratio of 0.24. The firm has a market capitalization of $22.41 billion, a PE ratio of 5.88, a P/E/G ratio of 0.94 and a beta of 0.93.

Aercap (NYSE:AER) last released its quarterly 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. Analysts forecast that Aercap Holdings N.V. will post 17.23 EPS for the current year.

Aercap declared that its Board of Directors has approved a stock buyback plan on Wednesday, April 29th that allows the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization allows the financial services provider to purchase up to 4.3% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company’s leadership believes its shares are undervalued.

Aercap Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 4th. Shareholders of record on Wednesday, May 13th will be issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend is Wednesday, May 13th. Aercap’s payout ratio is currently 7.01%.

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.