2 weeks Ago By Defense World Staff
Townsquare Capital LLC increased its holdings in shares of AerCap Holdings ( NYSE:AER – Free Report ) by 31.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,745 shares of the financial services provider’s stock after buying an additional 1,137 shares during the quarter.
Townsquare Capital LLC’s holdings in AerCap were worth $454,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Several other hedge funds also recently added to or reduced their stakes in the business. Toth Financial Advisory Corp purchased a new stake in shares of AerCap during the fourth quarter worth about $29,000.
Pinpoint Asset Management Ltd purchased a new stake in AerCap during the 4th quarter worth approximately $35,000. Fortitude Family Office LLC acquired a new position in AerCap during the 4th quarter valued at approximately $38,000. Eagle Bay Advisors LLC raised its holdings in shares of AerCap by 1,148.
5% in the fourth quarter. Eagle Bay Advisors LLC now owns 1,261 shares of the financial services provider’s stock worth $121,000 after buying an additional 1,160 shares during the last quarter. Finally, Blue Trust Inc.
lifted its stake in shares of AerCap by 51.7% during the fourth quarter. Blue Trust Inc.
now owns 1,388 shares of the financial services provider’s stock worth $131,000 after buying an additional 473 shares during the period. 96.42% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades A number of research firms recently commented on AER. Morgan Stanley decreased their target price on AerCap from $112.00 to $101.
00 and set an “equal weight” rating for the company in a report on Friday, April 11th. Barclays reiterated an “overweight” rating and issued a $115.00 price objective (up previously from $113.
00) on shares of AerCap in a research report on Thursday, February 27th. Susquehanna boosted their price target on shares of AerCap from $108.00 to $120.
00 and gave the stock a “positive” rating in a report on Thursday, February 27th. Bank of America raised their target price on AerCap from $105.00 to $125.
00 and gave the company a “buy” rating in a research report on Friday, March 7th. Finally, UBS Group downgraded shares of AerCap to an “underperform” rating in a report on Friday, March 7th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and six have assigned a buy rating to the stock.
According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $117.14. AerCap Stock Up 2.
4 % Shares of NYSE AER opened at $97.44 on Monday. AerCap Holdings has a 52 week low of $82.
21 and a 52 week high of $107.36. The company has a quick ratio of 0.
67, a current ratio of 0.67 and a debt-to-equity ratio of 2.89.
The stock has a market capitalization of $18.20 billion, a price-to-earnings ratio of 7.72, a price-to-earnings-growth ratio of 2.
22 and a beta of 1.46. The firm has a 50-day moving average price of $99.
40 and a 200 day moving average price of $97.19. AerCap ( NYSE:AER – Get Free Report ) last released its quarterly earnings results on Wednesday, February 26th.
The financial services provider reported $3.31 earnings per share for the quarter, topping analysts’ consensus estimates of $2.56 by $0.
75. The company had revenue of $2.07 billion during the quarter, compared to analysts’ expectations of $1.
97 billion. AerCap had a return on equity of 13.98% and a net margin of 32.
38%. Equities research analysts anticipate that AerCap Holdings will post 11.29 EPS for the current fiscal year.
AerCap Increases Dividend The business also recently announced a quarterly dividend, which was paid on Thursday, April 3rd. Investors of record on Wednesday, March 12th were issued a dividend of $0.27 per share.
This is an increase from AerCap’s previous quarterly dividend of $0.25. This represents a $1.
08 annualized dividend and a dividend yield of 1.11%. The ex-dividend date of this dividend was Wednesday, March 12th.
AerCap’s dividend payout ratio (DPR) is presently 9.99%. AerCap announced that its board has initiated a stock repurchase plan on Wednesday, February 26th that authorizes the company to repurchase $1.
00 billion in outstanding shares. This repurchase authorization authorizes the financial services provider to purchase up to 4.9% of its shares through open market purchases.
Shares repurchase plans are usually a sign that the company’s board of directors believes its stock is undervalued. AerCap Company Profile ( Free Report ) 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. See Also Five stocks we like better than AerCap How to Invest in Small Cap Stocks With a 60%+ Upside, There’s Plenty to Love About Lovesac How to Buy Cheap Stocks Step by Step J.
B. Hunt Transport Overcorrects Into a Buying Opportunity How to start investing in penny stocks AppLovin: Can Record Profits Overcome Market Skepticism? Receive News & Ratings for AerCap Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AerCap and related companies with MarketBeat.com's FREE daily email newsletter .
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