Swedbank AB Has $17.97 Million Position in Aercap Holdings N.V. $AER

Swedbank AB lowered its holdings in shares of Aercap Holdings N.V. (NYSE:AER) by 3.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 124,975 shares of the financial services provider’s stock after selling 3,811 shares during the quarter. Swedbank AB owned 0.07% of Aercap worth $17,966,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of AER. Harbor Capital Advisors Inc. acquired a new stake in shares of Aercap during the fourth quarter worth about $27,000. Advisory Services Network LLC acquired a new stake in shares of Aercap during the third quarter worth about $35,000. Geneos Wealth Management Inc. raised its position in shares of 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 purchasing an additional 94 shares during the period. GAMMA Investing LLC raised its position in shares of Aercap by 36.5% during the fourth quarter. GAMMA Investing LLC now owns 359 shares of the financial services provider’s stock worth $52,000 after purchasing an additional 96 shares during the period. Finally, JFS Wealth Advisors LLC acquired a new stake in shares of Aercap during the third quarter worth about $67,000. Institutional investors and hedge funds own 96.42% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently commented on AER shares. Barclays raised their price target on Aercap from $162.00 to $164.00 and gave the stock an “overweight” rating in a research report on Thursday, April 30th. Truist Financial raised their price target on Aercap from $159.00 to $161.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. Weiss Ratings raised Aercap from a “buy (b+)” rating to a “buy (a-)” rating in a research report on Monday, May 4th. Morgan Stanley dropped their target price on Aercap from $160.00 to $155.00 and set an “equal weight” rating on the stock in a research report on Thursday, April 30th. Finally, Deutsche Bank Aktiengesellschaft set a $175.00 target price on Aercap and gave the company a “buy” rating in a research report on Tuesday, February 10th. Two research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of $163.13.

Aercap Stock Up 0.0%

Shares of Aercap stock opened at $138.68 on Tuesday. The business’s 50 day simple moving average is $140.49 and its 200 day simple moving average is $141.50. Aercap Holdings N.V. has a 52-week low of $105.65 and a 52-week high of $154.94. The firm has a market cap of $23.14 billion, a PE ratio of 6.08, a P/E/G ratio of 0.97 and a beta of 0.95. 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 (NYSE:AER) last announced its 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 for the quarter. On average, analysts predict that Aercap Holdings N.V. will post 17.23 earnings per share for the current fiscal year.

Aercap Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 4th. Investors of record on Wednesday, May 13th will be given a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend is Wednesday, May 13th. Aercap’s dividend payout ratio (DPR) is currently 7.01%.

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

Aercap 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.