Investors buy high volume of AerCap (NYSE:AER) put options

AerCap Holdings (NYSE:AER – Get Free Report ) was the target of some unusual options trading activity on Friday. Investors bought 3,007 put options on the stock. This represents a 71% increase from the typical volume of 1,756 put options.

Stock performance of the AerCap

Shares of AER stock opened at $97.42 on Friday. The company has a current ratio of 0.26, a quick ratio of 0.26, and a debt-to-equity ratio of 2.70. The stock has a market cap of $19.28 billion, a P/E ratio of 6.34, a price-to-earnings-growth ratio of 2.28 and a beta of 1.83. The company has a fifty day simple moving average of $93.70 and a two hundred day simple moving average of $88.81. AerCap has a 12-month low of $57.30 and a 12-month high of $98.79.

AerCap (NYSE:AER – Get Your Free Report ) last posted its quarterly earnings results on Thursday, August 1st. The financial services provider reported $3.01 EPS for the quarter, topping analysts’ consensus estimates of $2.41 by $0.60. AerCap had a net margin of 42.02% and a return on equity of 15.21%. The company had revenue of $1.96 billion for the quarter, compared to analysts’ expectations of $1.89 billion. In the same quarter last year, the firm posted earnings of $2.56 per share. The company’s quarterly revenue was up 1.8% compared to the same quarter last year. As a group, analysts predict that AerCap will post 10.25 EPS for the current year.

AerCap Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 5th. Stockholders of record on Wednesday, August 14th will be issued a dividend of $0.25 per share. The ex-dividend date is Wednesday, August 14. This represents an annualized dividend of $1.00 and a dividend yield of 1.03%. AerCap’s dividend payout ratio is currently 6.51%.

Changes in Analyst Ratings

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

Read AerCap’s latest stock report

Hedge funds influence AerCap

Several institutional investors have recently made changes to their positions in the stock. Inspire Advisors LLC boosted its holdings in shares of AerCap by 1.5% in the first quarter. Inspire Advisors LLC now owns 8,150 shares of the financial services provider’s stock worth $708,000 after purchasing an additional 124 shares during the period. Sequoia Financial Advisors LLC boosted its holdings in shares of AerCap by 1.9% in the second quarter. Sequoia Financial Advisors LLC now owns 6,919 shares of the financial services provider’s stock worth $645,000 after acquiring an additional 129 shares in the last quarter. Blue Trust Inc. boosted its holdings in shares of 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 acquiring an additional 134 shares during the last quarter. Massmutual Trust Co. FSB ADV boosted its holdings in shares of AerCap by 3.0% in the second quarter. Massmutual Trust Co. FSB ADV now owns 4,935 shares of the financial services provider’s stock worth $460,000 after acquiring an additional 146 shares during the last quarter. Finally, Vanguard Personalized Indexing Management LLC boosted its holdings in shares of AerCap by 2.4% during the 4th quarter. Vanguard Personalized Indexing Management LLC now owns 6,613 shares of the financial services provider’s stock worth $491,000 after acquired an additional 154 shares in the last quarter. Institutional investors and hedge funds own 96.42% of the company’s shares.

About AirCap

(Get a 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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