AerCap Holdings (NYSE:AER) Shares Sold by Leuthold Group LLC

Leuthold Group LLC cut its holdings in AerCap Holdings (NYSE:AER) by 0.9% in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 68,298 shares of the financial services provider’s stock after selling 611 shares during the period. Leuthold Group LLC’s holdings in AerCap were worth $6,365,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Inspire Advisors LLC boosted its stake in AerCap by 1.5% in the 1st quarter. Inspire Advisors LLC now owns 8,150 shares of the financial services provider’s stock worth $708,000 after buying an additional 124 shares during the last quarter. Sequoia Financial Advisors LLC boosted its position 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 during the last quarter. Blue Trust Inc. grew its holdings in AerCap by 89.9% in the second quarter. Blue Trust Inc. now owns 283 shares of the financial services provider’s stock valued at $25,000 after purchasing an additional 134 shares during the period. Massmutual Trust Co. FSB ADV grew its holdings in 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 valued at $460,000 after purchasing an additional 146 shares during the period. Finally, Vanguard Personalized Indexing Management LLC raised its stake in AerCap by 2.4% during the fourth quarter. Vanguard Personalized Indexing Management LLC now owns 6,613 shares of the financial services provider’s stock worth $491,000 after purchasing an additional 154 shares during the period. Hedge funds and other institutional investors own 96.42% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on AER shares. Barclays boosted their price objective on shares of AerCap from $111.00 to $113.00 and gave the company an “overweight” rating in a research note on Friday, August 2nd. Morgan Stanley assumed coverage on AerCap in a research report on Friday, June 7th. They set an “equal weight” rating and a $103.00 price target for the company. TD Cowen restated a “buy” rating and issued a $125.00 price objective on shares of AerCap in a report on Monday, July 29th. Finally, Susquehanna lifted their price objective on AerCap from $100.00 to $108.00 and gave the company a “positive” rating in a research note on Friday, August 2nd. One research analyst has rated the stock with a hold rating and eight have issued a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $102.38.

AerCap Trading Down 0.8 %

NYSE:AER opened at $94.12 on Thursday. The business’s 50-day moving average is $93.44 and its two-hundred day moving average is $90.21. The firm has a market capitalization of $18.63 billion, a PE ratio of 6.12, a price-to-earnings-growth ratio of 2.06 and a beta of 1.83. AerCap Holdings has a 12 month low of $57.30 and a 12 month high of $98.79. The company has a debt-to-equity ratio of 2.69, a current ratio of 0.29 and a quick ratio of 0.29.

AerCap (NYSE:AER) last issued its quarterly earnings results on Thursday, August 1st. The financial services provider reported $3.01 earnings per share (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 15.12%. The business had revenue of $1.96 billion during the quarter, compared to analyst estimates of $1.89 billion. During the same quarter in the previous year, the firm earned $2.56 earnings per share. The business’s revenue was up 1.8% compared to the same quarter last year. Research analysts predict that AerCap Holdings will post 11.33 earnings per share for the current fiscal year.

AerCap Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 5th. Investors of record on Wednesday, August 14th were issued a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 1.06%. The ex-dividend date was Wednesday, August 14th. AerCap’s payout ratio is currently 6.51%.

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.