AerCap Holdings (NYSE:AER) Given Average Recommendation of “Moderate Buy” by Analysts

Shares of AerCap Holdings (NYSE:AER) have been given a consensus recommendation of “Moderate Buy” by the six analysts that are covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is $110.83.

Several equities analysts have issued reports on AER shares. TD Cowen restated 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 report on Friday, August 2nd. Deutsche Bank Aktiengesellschaft boosted their target price on shares of AerCap from $110.00 to $115.00 and gave the company a “buy” rating in a research note on Tuesday, October 22nd. Finally, Susquehanna lifted their price objective on AerCap from $100.00 to $108.00 and gave the stock a “positive” rating in a report on Friday, August 2nd.

Institutional Investors Weigh In On AerCap

Hedge funds and other institutional investors have recently modified their holdings of the stock. Castle Hook Partners LP bought a new stake in AerCap during the 1st quarter worth approximately $94,062,000. Assenagon Asset Management S.A. increased its stake in AerCap by 176.2% in the 3rd quarter. Assenagon Asset Management S.A. now owns 753,267 shares of the financial services provider’s stock worth $71,349,000 after buying an additional 480,551 shares in the last quarter. Point72 Asset Management L.P. raised its holdings in AerCap by 182.3% during the second quarter. Point72 Asset Management L.P. now owns 663,587 shares of the financial services provider’s stock valued at $61,846,000 after acquiring an additional 428,487 shares during the period. Wedge Capital Management L L P NC lifted its position in shares of AerCap by 3,568.6% in the third quarter. Wedge Capital Management L L P NC now owns 427,756 shares of the financial services provider’s stock valued at $40,517,000 after acquiring an additional 416,096 shares in the last quarter. Finally, Davidson Kempner Capital Management LP bought a new position in shares of AerCap in the second quarter worth about $31,688,000. 96.42% of the stock is currently owned by hedge funds and other institutional investors.

AerCap Trading Down 2.3 %

NYSE:AER opened at $95.35 on Wednesday. The stock has a market cap of $18.87 billion, a price-to-earnings ratio of 7.56, a PEG ratio of 2.20 and a beta of 1.83. 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 company’s 50 day moving average price is $95.00 and its 200-day moving average price is $93.31. AerCap has a 52 week low of $66.06 and a 52 week high of $99.68.

AerCap (NYSE:AER) last posted its earnings results on Wednesday, October 30th. The financial services provider reported $2.41 EPS for the quarter, hitting analysts’ consensus estimates of $2.41. The business had revenue of $1.95 billion during the quarter, compared to analyst estimates of $1.92 billion. AerCap had a return on equity of 13.98% and a net margin of 32.38%. The company’s quarterly revenue was up 3.0% compared to the same quarter last year. During the same quarter last year, the company earned $2.81 EPS. On average, equities research analysts forecast that AerCap will post 11.26 earnings per share for the current fiscal year.

AerCap Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 5th. Stockholders of record on Wednesday, November 13th will be paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 1.05%. The ex-dividend date of this dividend is Wednesday, November 13th. AerCap’s dividend payout ratio is presently 7.92%.

AerCap Company 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.