AerCap Holdings (NYSE:AER) Receives Average Recommendation of “Moderate Buy” from Brokerages

Shares of AerCap Holdings (NYSE:AER) have been assigned a consensus rating of “Moderate Buy” from the seven ratings firms that are presently covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is $112.00.

AER has been the topic of a number of research reports. The Goldman Sachs Group reiterated a “buy” rating and issued a $119.00 target price on shares of AerCap in a report on Thursday, November 21st. Deutsche Bank Aktiengesellschaft upped their price objective 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.

AerCap Stock Down 0.4 %

AER stock opened at $95.91 on Friday. The company’s 50 day simple moving average is $96.18 and its 200-day simple moving average is $94.27. AerCap has a 52-week low of $69.15 and a 52-week high of $100.81. The company has a debt-to-equity ratio of 2.89, a current ratio of 0.67 and a quick ratio of 0.67. The firm has a market capitalization of $18.98 billion, a P/E ratio of 7.60, a P/E/G ratio of 2.22 and a beta of 1.82.

AerCap (NYSE:AER) last released its earnings results on Wednesday, October 30th. The financial services provider reported $2.41 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $2.41. AerCap had a return on equity of 13.98% and a net margin of 32.38%. The company had revenue of $1.95 billion during the quarter, compared to analyst estimates of $1.92 billion. During the same quarter in the prior year, the company earned $2.81 earnings per share. The company’s revenue for the quarter was up 3.0% on a year-over-year basis. As a group, equities research analysts anticipate that AerCap will post 11.26 EPS for the current year.

AerCap Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, December 5th. Shareholders of record on Wednesday, November 13th were given a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 1.04%. The ex-dividend date was Wednesday, November 13th. AerCap’s dividend payout ratio is 7.92%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of AER. Franklin Resources Inc. increased its position in AerCap by 5.3% during the third quarter. Franklin Resources Inc. now owns 5,601,208 shares of the financial services provider’s stock worth $545,726,000 after buying an additional 282,980 shares during the last quarter. Synovus Financial Corp bought a new stake in AerCap during the third quarter worth approximately $3,141,000. Tidal Investments LLC grew its holdings in AerCap by 271.8% during the third quarter. Tidal Investments LLC now owns 8,496 shares of the financial services provider’s stock valued at $805,000 after purchasing an additional 6,211 shares during the last quarter. Wilmington Savings Fund Society FSB bought a new position in shares of AerCap in the third quarter valued at approximately $2,261,000. Finally, World Investment Advisors LLC acquired a new stake in shares of AerCap in the third quarter worth $7,507,000. Institutional investors own 96.42% of the company’s stock.

About AerCap

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.