Kize Capital LP Has $12.31 Million Stock Holdings in AerCap Holdings (NYSE:AER)

Kize Capital LP lowered its stake in AerCap Holdings (NYSE:AER) by 30.1% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 132,078 shares of the financial services provider’s stock after selling 57,000 shares during the quarter. AerCap makes up approximately 11.6% of Kize Capital LP’s investment portfolio, making the stock its 4th largest position. Kize Capital LP owned 0.07% of AerCap worth $12,310,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in AER. Blue Trust Inc. boosted its holdings in shares of AerCap by 89.9% during the 2nd quarter. Blue Trust Inc. now owns 283 shares of the financial services provider’s stock valued at $25,000 after acquiring an additional 134 shares in the last quarter. Trust Co. of Vermont acquired a new stake in shares of AerCap during the fourth quarter valued at about $27,000. Mather Group LLC. boosted its stake in shares of AerCap by 230.1% during the second quarter. Mather Group LLC. now owns 307 shares of the financial services provider’s stock valued at $27,000 after purchasing an additional 214 shares in the last quarter. Assetmark Inc. bought a new stake in shares of AerCap during the fourth quarter worth about $42,000. Finally, CVA Family Office LLC acquired a new position in shares of AerCap in the first quarter valued at approximately $52,000. 96.42% of the stock is currently owned by institutional investors and hedge funds.

AerCap Stock Performance

AER stock opened at $97.02 on Friday. The firm has a market cap of $19.20 billion, a PE ratio of 6.31, a price-to-earnings-growth ratio of 2.06 and a beta of 1.83. 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 stock has a 50-day moving average price of $93.52 and a 200-day moving average price of $90.47. AerCap Holdings has a 1-year low of $57.30 and a 1-year high of $98.79.

AerCap (NYSE:AER) last issued its earnings results on Thursday, August 1st. The financial services provider reported $3.01 earnings per share for the quarter, topping analysts’ consensus estimates of $2.41 by $0.60. The business had revenue of $1.96 billion during the quarter, compared to the consensus estimate of $1.89 billion. AerCap had a return on equity of 15.12% and a net margin of 42.02%. The firm’s revenue for the quarter was up 1.8% on a year-over-year basis. During the same period in the previous year, the company posted $2.56 earnings per share. As a group, equities research analysts expect that AerCap Holdings will post 11.33 earnings per share for the current year.

AerCap Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, September 5th. Investors of record on Wednesday, August 14th were paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 1.03%. The ex-dividend date of this dividend was Wednesday, August 14th. AerCap’s dividend payout ratio is presently 6.51%.

Analyst Upgrades and Downgrades

Several research firms recently commented on AER. Morgan Stanley began coverage on shares of AerCap in a research report on Friday, June 7th. They set an “equal weight” rating and a $103.00 target price on the stock. 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. Barclays increased their price objective on AerCap from $111.00 to $113.00 and gave the company an “overweight” rating in a report on Friday, August 2nd. Finally, TD Cowen reiterated a “buy” rating and issued a $125.00 price target on shares of AerCap in a research report on Monday, July 29th. One analyst has rated the stock with a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat, AerCap presently has a consensus rating of “Moderate Buy” and an average target price of $102.38.

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.