AerCap (NYSE:AER) Now Covered by Analysts at Morgan Stanley

Morgan Stanley began coverage on shares of AerCap (NYSE:AER) in a research note released on Friday morning, Marketbeat Ratings reports. The firm issued an equal weight rating and a $103.00 price objective on the financial services provider’s stock.

Other research analysts also recently issued reports about the company. Barclays boosted their target price on AerCap from $93.00 to $94.00 and gave the stock an overweight rating in a research note on Thursday, May 2nd. Susquehanna boosted their target price on AerCap from $90.00 to $100.00 and gave the stock a positive rating in a research note on Thursday, May 2nd. BMO Capital Markets dropped their target price on AerCap from $103.00 to $101.00 and set an outperform rating on the stock in a research note on Monday, February 26th. Deutsche Bank Aktiengesellschaft boosted their price target on AerCap from $95.00 to $110.00 and gave the company a buy rating in a research note on Thursday, May 9th. Finally, TD Cowen increased their price objective on AerCap from $105.00 to $125.00 and gave the company a buy rating in a report on Thursday, May 23rd. One investment analyst has rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, AerCap currently has an average rating of Moderate Buy and an average price target of $97.56.

AerCap Trading Up 1.9 %

Shares of NYSE:AER opened at $92.07 on Friday. AerCap has a 12-month low of $57.30 and a 12-month high of $94.30. The business’s fifty day simple moving average is $88.33 and its 200-day simple moving average is $80.77. The company has a market capitalization of $18.22 billion, a PE ratio of 5.99, a P/E/G ratio of 4.03 and a beta of 1.85. The company has a current ratio of 0.26, a quick ratio of 0.26 and a debt-to-equity ratio of 2.70.

AerCap (NYSE:AER) last announced its earnings results on Wednesday, May 8th. The financial services provider reported $3.29 earnings per share for the quarter, topping the consensus estimate of $2.31 by $0.98. AerCap had a return on equity of 15.29% and a net margin of 42.78%. The firm had revenue of $2.02 billion for the quarter, compared to the consensus estimate of $1.95 billion. During the same period in the previous year, the business earned $2.34 EPS. The firm’s revenue for the quarter was up 8.1% on a year-over-year basis. As a group, equities research analysts predict that AerCap will post 10.24 earnings per share for the current fiscal year.

AerCap Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 13th. Investors of record on Wednesday, May 22nd will be issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 1.09%. The ex-dividend date is Tuesday, May 21st. AerCap’s dividend payout ratio (DPR) is 6.51%.

Institutional Trading of AerCap

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Inspire Advisors LLC grew its holdings in AerCap by 1.5% during the first quarter. Inspire Advisors LLC now owns 8,150 shares of the financial services provider’s stock worth $708,000 after acquiring an additional 124 shares during the period. Signaturefd LLC boosted its position in AerCap by 3.3% during the fourth quarter. Signaturefd LLC now owns 4,338 shares of the financial services provider’s stock worth $322,000 after purchasing an additional 137 shares in the last quarter. Vanguard Personalized Indexing Management LLC boosted its position 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 in the last quarter. DGS Capital Management LLC boosted its position in AerCap by 2.2% during the fourth quarter. DGS Capital Management LLC now owns 7,236 shares of the financial services provider’s stock worth $538,000 after purchasing an additional 155 shares in the last quarter. Finally, Wealthstar Advisors LLC boosted its position in AerCap by 1.3% during the first quarter. Wealthstar Advisors LLC now owns 12,843 shares of the financial services provider’s stock worth $1,116,000 after purchasing an additional 160 shares in the last quarter. 96.42% of the stock is owned by institutional investors and hedge funds.

AerCap Company Profile

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.