Inceptionr LLC Boosts Position in Aercap Holdings N.V. $AER

Inceptionr LLC raised its holdings in shares of Aercap Holdings N.V. (NYSE:AERFree Report) by 332.5% during the first quarter, HoldingsChannel reports. The institutional investor owned 14,950 shares of the financial services provider’s stock after acquiring an additional 11,493 shares during the quarter. Aercap accounts for about 0.5% of Inceptionr LLC’s investment portfolio, making the stock its 13th largest holding. Inceptionr LLC’s holdings in Aercap were worth $2,051,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the business. Harbor Capital Advisors Inc. purchased a new position in shares of Aercap in the 4th quarter valued at $27,000. Greenline Wealth Management LLC acquired a new position in shares of Aercap during the 4th quarter valued at $30,000. Advisory Services Network LLC purchased a new stake in Aercap during the 3rd quarter worth $35,000. Cedar Mountain Advisors LLC purchased a new stake in Aercap during the 1st quarter worth $44,000. Finally, GAMMA Investing LLC increased its holdings in Aercap by 36.5% in the 4th quarter. GAMMA Investing LLC now owns 359 shares of the financial services provider’s stock valued at $52,000 after purchasing an additional 96 shares in the last quarter. Institutional investors and hedge funds own 96.42% of the company’s stock.

Aercap News Roundup

Here are the key news stories impacting Aercap this week:

  • Positive Sentiment: AerCap and Air France Industries plan to form a joint venture focused on LEAP engine services, which could strengthen AerCap’s maintenance and aftermarket engine business and add a new earnings stream. Article Title
  • Positive Sentiment: Analysts at Citigroup reportedly reiterated a buy rating on AerCap, reinforcing a favorable view of the company’s valuation and business outlook. Article Title
  • Positive Sentiment: Zacks Research upgraded AerCap from hold to strong-buy, adding to the recent wave of bullish analyst sentiment. Article Title
  • Positive Sentiment: AerCap ordered 15 new Boeing 787 Dreamliners, signaling continued fleet expansion and confidence in long-term aircraft leasing demand. Article Title
  • Positive Sentiment: Additional coverage of the Dreamliner order and Farnborough deal flow highlights AerCap’s active capital deployment and continued position as a major lessor in a strong widebody market. Article Title

Analysts Set New Price Targets

Several research analysts have commented on the company. TD Cowen raised their price objective on Aercap from $175.00 to $180.00 and gave the company a “buy” rating in a research report on Thursday, July 16th. Barclays increased their target price on Aercap from $164.00 to $179.00 and gave the company an “overweight” rating in a research note on Tuesday, July 7th. Morgan Stanley dropped their target price on Aercap from $160.00 to $155.00 and set an “equal weight” rating on the stock in a report on Thursday, April 30th. Truist Financial boosted their price target on Aercap from $161.00 to $175.00 and gave the stock a “buy” rating in a research report on Wednesday, July 8th. Finally, JPMorgan Chase & Co. upped their price target on Aercap from $150.00 to $155.00 and gave the stock an “overweight” rating in a report on Thursday, April 30th. Two investment analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and an average price target of $168.67.

Check Out Our Latest Stock Report on Aercap

Aercap Stock Performance

Shares of AER stock opened at $148.16 on Friday. 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’s fifty day moving average price is $143.55 and its two-hundred day moving average price is $143.30. The firm has a market capitalization of $24.73 billion, a P/E ratio of 6.49, a P/E/G ratio of 1.04 and a beta of 0.94. Aercap Holdings N.V. has a 12 month low of $105.65 and a 12 month high of $155.99.

Aercap (NYSE:AERGet Free Report) last announced its earnings results on Tuesday, March 31st. The financial services provider reported $5.39 earnings per share for the quarter. Aercap had a return on equity of 16.01% and a net margin of 45.22%.The company had revenue of $2.30 billion during the quarter. On average, research analysts anticipate that Aercap Holdings N.V. will post 17.39 earnings per share for the current fiscal year.

Aercap declared that its Board of Directors has initiated a share buyback plan on Wednesday, April 29th that allows the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization allows the financial services provider to repurchase up to 4.3% of its shares through open market purchases. Shares repurchase plans are often an indication that the company’s leadership believes its stock is undervalued.

Aercap Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 4th. Investors of record on Wednesday, May 13th were issued a $0.40 dividend. The ex-dividend date of this dividend was Wednesday, May 13th. This represents a $1.60 dividend on an annualized basis and a yield of 1.1%. Aercap’s dividend payout ratio is currently 7.01%.

About Aercap

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding AER? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Aercap Holdings N.V. (NYSE:AERFree Report).

Institutional Ownership by Quarter for Aercap (NYSE:AER)

Receive News & Ratings for Aercap Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aercap and related companies with MarketBeat.com's FREE daily email newsletter.