Aercap Holdings N.V. (NYSE:AER – Get Free Report) announced a quarterly dividend on Wednesday, July 29th. Shareholders of record on Wednesday, August 12th will be given a dividend of 0.40 per share by the financial services provider on Thursday, September 3rd. This represents a c) annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend is Wednesday, August 12th.
Aercap has a payout ratio of 12.2% indicating that its dividend is sufficiently covered by earnings. Analysts expect Aercap to earn $17.09 per share next year, which means the company should continue to be able to cover its $1.60 annual dividend with an expected future payout ratio of 9.4%.
Aercap Price Performance
Shares of AER stock opened at $148.63 on Thursday. The company has a debt-to-equity ratio of 2.34, a quick ratio of 0.24 and a current ratio of 0.24. Aercap has a fifty-two week low of $105.65 and a fifty-two week high of $156.33. The firm has a market cap of $24.80 billion, a P/E ratio of 6.51, a P/E/G ratio of 1.07 and a beta of 0.94. The business’s 50 day moving average price is $144.57 and its 200-day moving average price is $143.42.
Institutional Investors Weigh In On Aercap
Several hedge funds have recently bought and sold shares of the business. Norges Bank purchased a new position in shares of Aercap during the fourth quarter valued at approximately $352,172,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new position in Aercap during the 4th quarter valued at approximately $282,665,000. L1 Capital International Pty Ltd increased its position in Aercap by 344.2% during the 4th quarter. L1 Capital International Pty Ltd now owns 1,527,454 shares of the financial services provider’s stock valued at $219,587,000 after buying an additional 1,183,616 shares in the last quarter. Mawer Investment Management Ltd. raised its stake in Aercap by 56.3% during the fourth quarter. Mawer Investment Management Ltd. now owns 3,272,935 shares of the financial services provider’s stock valued at $470,517,000 after buying an additional 1,179,241 shares during the last quarter. Finally, Alyeska Investment Group L.P. raised its stake in Aercap by 642.7% during the third quarter. Alyeska Investment Group L.P. now owns 1,111,552 shares of the financial services provider’s stock valued at $134,498,000 after buying an additional 961,890 shares during the last quarter. Institutional investors own 96.42% of the company’s stock.
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.
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