Coppell Advisory Solutions LLC boosted its holdings in shares of Aercap Holdings N.V. (NYSE:AER – Free Report) by 441.2% during the 2nd quarter, Holdings Channel.com reports. The firm owned 23,679 shares of the financial services provider’s stock after purchasing an additional 19,304 shares during the quarter. Coppell Advisory Solutions LLC’s holdings in Aercap were worth $3,452,000 as of its most recent SEC filing.
Other institutional investors also recently made changes to their positions in the company. State Street Corp boosted its stake in shares of Aercap by 3.7% during the 4th quarter. State Street Corp now owns 5,112,626 shares of the financial services provider’s stock valued at $735,003,000 after buying an additional 184,425 shares during the last quarter. Mawer Investment Management Ltd. increased its stake in shares of Aercap by 56.3% in the fourth quarter. Mawer Investment Management Ltd. now owns 3,272,935 shares of the financial services provider’s stock worth $470,517,000 after buying an additional 1,179,241 shares during the last quarter. Donald Smith & CO. Inc. bought a new stake in shares of Aercap in the second quarter worth $424,585,000. JPMorgan Chase & Co. raised its holdings in Aercap by 2.7% in the fourth quarter. JPMorgan Chase & Co. now owns 2,738,772 shares of the financial services provider’s stock valued at $393,726,000 after acquiring an additional 71,923 shares in the last quarter. Finally, WGI DM LLC raised its holdings in Aercap by 1.2% in the fourth quarter. WGI DM LLC now owns 2,586,515 shares of the financial services provider’s stock valued at $371,837,000 after acquiring an additional 30,703 shares in the last quarter. 96.42% of the stock is owned by institutional investors and hedge funds.
Aercap Stock Performance
Shares of AER opened at $144.77 on Thursday. The business’s fifty day moving average price is $149.38 and its 200 day moving average price is $144.45. Aercap Holdings N.V. has a 12-month low of $118.93 and a 12-month high of $158.80. The stock has a market capitalization of $24.16 billion, a PE ratio of 7.12, a price-to-earnings-growth ratio of 0.57 and a beta of 0.93. The company has a debt-to-equity ratio of 2.32, a current ratio of 0.28 and a quick ratio of 0.28.
Aercap Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Wednesday, August 12th will be issued a $0.40 dividend. The ex-dividend date of this dividend is Wednesday, August 12th. This represents a $1.60 annualized dividend and a dividend yield of 1.1%. Aercap’s payout ratio is 7.87%.
Analyst Ratings Changes
A number of research analysts have commented on AER shares. Citigroup increased their price objective on shares of Aercap from $173.00 to $178.00 and gave the company a “buy” rating in a research note on Thursday, July 30th. Weiss Ratings lowered shares of Aercap from a “buy (a-)” rating to a “buy (b+)” rating in a research note on Thursday, July 30th. Barclays increased their price target on shares of Aercap from $164.00 to $179.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 7th. Susquehanna lifted their price target on Aercap from $170.00 to $176.00 and gave the stock a “positive” rating in a research note on Tuesday, July 7th. Finally, Zacks Research raised Aercap from a “hold” rating to a “strong-buy” rating in a report on Monday, July 20th. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target of $172.56.
Check Out Our Latest Analysis on Aercap
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.
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