Natixis Advisors LLC Raises Stake in AerCap Holdings (NYSE:AER)

Natixis Advisors LLC raised its stake in shares of AerCap Holdings (NYSE:AER – Free Report) by 32.5% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 188,152 shares of the financial services provider’s stock after acquiring an additional 46,138 shares during the period. Natixis Advisors LLC owned 0.10% of AerCap worth $17,536,000 as of its most recent SEC filing.

Other institutional investors have added to or reduced their stakes in the company. Blue Trust Inc. boosted its holdings 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 buying an additional 134 shares during the last quarter. Mather Group LLC. boosted its holdings in AerCap by 230.1% in the second quarter. Mather Group LLC. now owns 307 shares of the financial services provider’s stock worth $27,000 after purchasing an additional 214 shares during the last quarter. Trust Co. of Vermont purchased a new stake in AerCap in the 4th quarter valued at about $27,000. Assetmark Inc. purchased a new stake in AerCap in the fourth quarter valued at about $42,000. Finally, CVA Family Office LLC purchased a new stake in AerCap in the first quarter worth approximately $52,000. Hedge funds and other institutional investors own 96.42% of the company’s shares.

AerCap price performance

Shares of AerCap stock opened at $92.45 on Wednesday. The company has a current ratio of 0.29, a quick ratio of 0.29, and a debt-to-equity ratio of 2.69. The firm has a market cap of $18.30 billion, a PE ratio of 6.01, a price-to-earnings-growth ratio of 2.18 and a beta of 1.83. The company’s 50-day moving average price is $93.69 and its 200-day moving average price is $89.12. AerCap Holdings has a 12-month low of $57.30 and a 12-month high of $98.79.

AerCap (NYSE:AER – Get Your Free Report ) last announced its quarterly earnings data on Thursday, August 1st. The financial services provider reported $3.01 EPS for the quarter, topping the consensus estimate of $2.41 by $0.60. The firm had revenue of $1.96 billion for the quarter, compared to analyst estimates of $1.89 billion. AerCap had a return on equity of 15.12% and a net margin of 42.02%. The company’s revenue rose 1.8% year-on-year. During the same period in the previous year, the company earned $2.56 EPS. sell-side analysts anticipate that AerCap Holdings will post 11.33 EPS for the current fiscal year.

AerCap announces dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 5th. Investors of record on Wednesday, August 14th will be paid a dividend of $0.25 per share. The ex-dividend date of this dividend is Wednesday, August 14. This represents an annualized dividend of $1.00 and a yield of 1.08%. AerCap’s payout ratio is 6.51%.

Changes in Analyst Ratings

A number of analysts have recently issued reports on the company. Morgan Stanley assumed coverage on AerCap in a report on Friday, June 7th. They set an “equal weight” rating and a $103.00 price objective on the stock. Susquehanna boosted their target price on AerCap from $100.00 to $108.00 and gave the company a “positive” rating in a report on Friday, August 2nd. TD Cowen reaffirmed a “buy” rating and issued a $125.00 target price on shares of AerCap in a report on Monday, July 29th. Barclays upped their target price on AerCap from $111.00 to $113.00 and gave the company an “overweight” rating in a report on Friday, August 2nd. Finally, Deutsche Bank Aktiengesellschaft boosted their target price on AerCap from $95.00 to $110.00 and gave the company a “buy” rating in a report on Thursday, May 9th. One equities research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $102.38.

Check out the latest stock report on AER

AirCap profile

(Free Report)

AerCap Holdings NV engages in the leasing, financing, sale and management of commercial aviation equipment in China, Hong Kong, Macau, the United States of America, Ireland and internationally. The company provides aircraft asset management services such as aircraft and engine remarketing; collecting rental and maintenance payments, monitoring aircraft maintenance, monitoring and ensuring contract compliance and accepting delivery and redelivery of aircraft and engines; and conducting ongoing assessments of the lessee’s financial performance.

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