Swedbank AB Has $17.97 Million Stock Position in Aercap Holdings N.V. $AER

Swedbank AB decreased its stake in shares of Aercap Holdings N.V. (NYSE:AER) by 3.0% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 124,975 shares of the financial services provider’s stock after selling 3,811 shares during the quarter. Swedbank AB’s holdings in Aercap were worth $17,966,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Harbor Capital Advisors Inc. acquired a new position in shares of Aercap during the 4th quarter worth approximately $27,000. Advisory Services Network LLC acquired a new position in shares of Aercap during the 3rd quarter worth approximately $35,000. Geneos Wealth Management Inc. increased its position in shares of Aercap by 26.6% during the 1st quarter. Geneos Wealth Management Inc. now owns 447 shares of the financial services provider’s stock worth $46,000 after purchasing an additional 94 shares during the last quarter. GAMMA Investing LLC increased its position in shares of Aercap by 36.5% during the 4th quarter. GAMMA Investing LLC now owns 359 shares of the financial services provider’s stock worth $52,000 after purchasing an additional 96 shares during the last quarter. Finally, JFS Wealth Advisors LLC acquired a new position in shares of Aercap during the 3rd quarter worth approximately $67,000. Institutional investors and hedge funds own 96.42% of the company’s stock.

Wall Street Analysts Forecast Growth

AER has been the topic of several recent analyst reports. Deutsche Bank Aktiengesellschaft set a $175.00 price target on Aercap and gave the stock a “buy” rating in a research report on Tuesday, February 10th. TD Cowen raised their price objective on Aercap from $170.00 to $175.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. JPMorgan Chase & Co. boosted their target price on Aercap from $150.00 to $155.00 and gave the stock an “overweight” rating in a report on Thursday, April 30th. Morgan Stanley dropped their price target on Aercap from $160.00 to $155.00 and set an “equal weight” rating on the stock in a research note on Thursday, April 30th. Finally, Barclays increased their price target on Aercap from $162.00 to $164.00 and gave the company an “overweight” rating in a research note on Thursday, April 30th. Two equities research analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, Aercap currently has a consensus rating of “Buy” and a consensus target price of $163.13.

Aercap Trading Up 0.0%

AER stock opened at $138.68 on Tuesday. The company has a debt-to-equity ratio of 2.34, a current ratio of 0.24 and a quick ratio of 0.24. The company has a fifty day moving average price of $140.49 and a two-hundred day moving average price of $141.50. Aercap Holdings N.V. has a one year low of $105.65 and a one year high of $154.94. The stock has a market cap of $23.14 billion, a price-to-earnings ratio of 6.08, a price-to-earnings-growth ratio of 0.97 and a beta of 0.95.

Aercap (NYSE:AER) last released its quarterly earnings data on Tuesday, March 31st. The financial services provider reported $5.39 EPS for the quarter. Aercap had a net margin of 45.22% and a return on equity of 16.01%. The firm had revenue of $2.30 billion during the quarter. Equities analysts anticipate that Aercap Holdings N.V. will post 17.23 EPS for the current year.

Aercap Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 4th. Shareholders of record on Wednesday, May 13th will be given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend is Wednesday, May 13th. Aercap’s payout ratio is 7.01%.

Aercap announced that its board has initiated a stock buyback plan on Wednesday, April 29th that permits the company to repurchase $1.00 billion in shares. This repurchase authorization permits the financial services provider to purchase up to 4.3% of its stock through open market purchases. Stock repurchase plans are often a sign that the company’s board of directors believes its stock is undervalued.

Aercap Company Profile

AerCap Holdings N.V. (NYSE: AER) is a global aircraft leasing and aviation finance company that acquires, leases, sells and manages commercial aircraft and engines. Its core services include operating leases, finance leases, sale-and-leaseback transactions, aircraft trading and remarketing, and asset management for airline customers. The company also provides related commercial and technical support services designed to optimize fleet utilization and residual values over the life cycle of aircraft and engines.

Operating with a broad global footprint, AerCap serves airlines and other aviation customers across North America, Europe, Asia-Pacific, Latin America, the Middle East and Africa.