AerCap Holdings (NYSE:AER) Stock Position Increased by Massmutual Trust Co. FSB ADV

Massmutual Trust Co. FSB ADV increased its position in AerCap Holdings (NYSE:AER) by 16.2% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,789 shares of the financial services provider’s stock after buying an additional 666 shares during the quarter. Massmutual Trust Co. FSB ADV’s holdings in AerCap were worth $416,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Wellington Management Group LLP lifted its holdings in AerCap by 9.9% in the 3rd quarter. Wellington Management Group LLP now owns 21,028,200 shares of the financial services provider’s stock valued at $1,317,837,000 after acquiring an additional 1,901,459 shares during the last quarter. Franklin Resources Inc. boosted its holdings in AerCap by 32.0% during the fourth quarter. Franklin Resources Inc. now owns 6,090,321 shares of the financial services provider’s stock worth $452,633,000 after buying an additional 1,476,236 shares in the last quarter. London Co. of Virginia grew its position in AerCap by 5.5% in the third quarter. London Co. of Virginia now owns 4,128,103 shares of the financial services provider’s stock worth $258,708,000 after buying an additional 215,460 shares during the last quarter. Donald Smith & CO. Inc. increased its holdings in shares of AerCap by 5.5% in the fourth quarter. Donald Smith & CO. Inc. now owns 4,069,400 shares of the financial services provider’s stock valued at $302,438,000 after buying an additional 211,260 shares in the last quarter. Finally, 59 North Capital Management LP lifted its position in shares of AerCap by 123.7% during the 3rd quarter. 59 North Capital Management LP now owns 2,872,302 shares of the financial services provider’s stock valued at $180,007,000 after acquiring an additional 1,588,196 shares during the last quarter. Institutional investors own 96.42% of the company’s stock.

AerCap Stock Performance

AER stock opened at $92.03 on Friday. The firm has a 50 day simple moving average of $89.13 and a 200 day simple moving average of $81.88. AerCap Holdings has a 52 week low of $57.30 and a 52 week high of $94.30. The stock has a market cap of $18.22 billion, a P/E ratio of 5.99, a P/E/G ratio of 4.12 and a beta of 1.85. The company has a debt-to-equity ratio of 2.70, a quick ratio of 0.26 and a current ratio of 0.26.

AerCap (NYSE:AER) last issued its earnings results on Wednesday, May 8th. The financial services provider reported $3.29 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.31 by $0.98. AerCap had a net margin of 42.78% and a return on equity of 15.29%. The company had revenue of $2.02 billion during the quarter, compared to analyst estimates of $1.95 billion. During the same quarter last year, the business posted $2.34 EPS. The company’s revenue for the quarter was up 8.1% on a year-over-year basis. Research analysts anticipate that AerCap Holdings will post 10.24 earnings per share for the current fiscal year.

AerCap Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, June 13th. Shareholders of record on Wednesday, May 22nd were given a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 1.09%. The ex-dividend date of this dividend was Tuesday, May 21st. AerCap’s payout ratio is currently 6.51%.

Wall Street Analyst Weigh In

AER has been the topic of a number of recent research reports. Morgan Stanley began coverage on AerCap in a report on Friday, June 7th. They issued an “equal weight” rating and a $103.00 target price on the stock. Susquehanna boosted their price objective on AerCap from $90.00 to $100.00 and gave the stock a “positive” rating in a report on Thursday, May 2nd. Deutsche Bank Aktiengesellschaft upped their price objective on shares of AerCap from $95.00 to $110.00 and gave the company a “buy” rating in a research note on Thursday, May 9th. Barclays lifted their target price on shares of AerCap from $93.00 to $94.00 and gave the stock an “overweight” rating in a research report on Thursday, May 2nd. Finally, TD Cowen upped their price target on shares of AerCap from $105.00 to $125.00 and gave the company a “buy” rating in a research report on Thursday, May 23rd. One research analyst has rated the stock with a hold rating and nine have assigned a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $97.56.

AerCap 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.