AerCap Holdings (NYSE:AER) Position Reduced by Leeward Investments LLC MA

Leeward Investments LLC MA reduced its stake in shares of AerCap Holdings (NYSE:AER) by 19.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 139,238 shares of the financial services provider’s stock after selling 33,242 shares during the period. Leeward Investments LLC MA owned about 0.07% of AerCap worth $13,189,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Blue Trust Inc. grew its stake in AerCap by 89.9% in the second quarter. Blue Trust Inc. now owns 283 shares of the financial services provider’s stock worth $25,000 after purchasing an additional 134 shares in the last quarter. Mather Group LLC. lifted its position in shares of AerCap by 230.1% in the 2nd quarter. Mather Group LLC. now owns 307 shares of the financial services provider’s stock worth $27,000 after buying an additional 214 shares during the last quarter. UMB Bank n.a. boosted its holdings in shares of AerCap by 35.5% in the 3rd quarter. UMB Bank n.a. now owns 664 shares of the financial services provider’s stock valued at $63,000 after buying an additional 174 shares during the period. Federated Hermes Inc. raised its stake in AerCap by 209.1% during the second quarter. Federated Hermes Inc. now owns 1,567 shares of the financial services provider’s stock worth $146,000 after acquiring an additional 1,060 shares during the period. Finally, Headlands Technologies LLC bought a new position in AerCap in the first quarter worth about $185,000. Institutional investors own 96.42% of the company’s stock.

Analyst Ratings Changes

A number of brokerages recently commented on AER. Deutsche Bank Aktiengesellschaft upped their price objective on AerCap from $110.00 to $115.00 and gave the stock a “buy” rating in a research note on Tuesday, October 22nd. TD Cowen reiterated a “buy” rating and issued a $125.00 target price on shares of AerCap in a research report on Monday, July 29th. Susquehanna increased their price objective on shares of AerCap from $100.00 to $108.00 and gave the company a “positive” rating in a report on Friday, August 2nd. Finally, Barclays upped their target price on AerCap from $111.00 to $113.00 and gave the stock an “overweight” rating in a research report on Friday, August 2nd. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $110.83.

AerCap Stock Up 3.5 %

Shares of AerCap stock opened at $99.00 on Thursday. The company has a market cap of $19.60 billion, a P/E ratio of 7.84, a P/E/G ratio of 2.13 and a beta of 1.83. AerCap Holdings has a 1 year low of $63.34 and a 1 year high of $99.30. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 2.89. The stock has a 50-day moving average price of $94.91 and a 200 day moving average price of $92.92.

AerCap (NYSE:AER) last posted its quarterly earnings results on Wednesday, October 30th. The financial services provider reported $2.41 EPS for the quarter, meeting the consensus estimate of $2.41. AerCap had a net margin of 32.38% and a return on equity of 13.98%. The business had revenue of $1.95 billion for the quarter, compared to analysts’ expectations of $1.92 billion. During the same period in the previous year, the company posted $2.81 EPS. AerCap’s revenue was up 3.0% on a year-over-year basis. As a group, analysts expect that AerCap Holdings will post 11.26 EPS for the current fiscal year.

AerCap Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 5th. Shareholders of record on Wednesday, November 13th will be issued a dividend of $0.25 per share. The ex-dividend date of this dividend is Wednesday, November 13th. This represents a $1.00 annualized dividend and a yield of 1.01%. AerCap’s dividend payout ratio (DPR) is currently 7.92%.

AerCap Company Profile

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.